target audience: TECH SUPPLIER Publication date: May 2023 - Document type: Market Share - Doc Document number: # US50671822
Worldwide Smart Home Device Market Shares, 2022: Amazon, Xiaomi, and Samsung Lead as Market Declines Year Over Year
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Abstract
This IDC study discusses worldwide smart home device market shares for 2022.
"The worldwide smart home market is in a period of volatility," says Adam Wright, research manager for IDC's Smart Home research program. "Ongoing disruptions from supply chains, logistics, inflation, and uneven economies across the globe have impacted the market's growth in 2022 and are expected to continue to put downward pressure on the market for the foreseeable future. But despite these constraints, the notion of the smart home is now 'mainstream' in many parts of the world and consumers are increasingly looking to these devices to elevate their digital experiences at home and beyond."