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Futuresource Smart Home Update Report - Worldwide Jul 19
In 2019, Smart Home continues to grow healthily although at a slightly slower rate than previously forecast. Key growth points in 2019 are smart locks, video doorbells and other aspects of security and monitoring use cases. Retailers and service providers are playing important roles in these areas and this Smart Home Update assesses their respective business strategies.
Shipments of total Smart Home devices are expected to grow by 37% in 2019. Security & Monitoring will account for the largest share of shipments with Power rising fastest in volume terms. The other categories included in the report are Hubs & Control Devices, Climate Control and Lighting Systems.
Voice Assistants have become ubiquitous in Smart Home. The report looks into the key technologies and platforms of voice assistance in the smart home.
Smart Home reaches consumers through three channels: retail, the custom installation industry and service providers. The report assesses the role of each of the channels.
Research for this Smart Home Update was conducted in Q2 and Q3 2019.
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Here at Futuresource Consulting we deliver specialist research and consulting services, providing market forecasts and intelligence reports. Since the 1980s we have supported a range of industry sectors, which has grown to include: CE, Broadcast, Entertainment Content, EdTech and many more.