Global shipments of smart home devices fell 2.6% last year to 871.8 million devices, according to a report by market research firm IDC. Smart TVs, which represent the largest category in this segment, experienced a decrease of 4.3% in 2022.The drop comes after increased demand for smart TVs in 2021 due to Covid restrictions. This year, sales in the smart TV category are expected to continue to decline, while categories such as cameras, doorbells and smart displays are expected to grow.
What will the tide be like?
With the recovery of the global economy, it is predicted that there will be a modest 2.2% increase in smart home device shipments in 2023. According to the report, this rise will continue until 2027 and the total sales of smart home devices will reach 1.23 billion units in 2027.
“Disruptions from supply chain problems, inflation, and unstable economies around the world have impacted the growth of the market in 2022, but despite all this, the concept of the smart home is now mainstream in many parts of the world and consumers are turning to these devices more and more,” said Adam Wright, director of research at IDC. said.
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