iBiT Progress
05/08/2020
📊 Some statistics. The market for smart home devices will grow by 15% by 2023 (800 million units).
The leading regions in this segment are the USA, China, Canada, and Western Europe.
Already in 2023, according to forecasts of IDC analysts, the volume of the world market will reach 1.39 billion units.
This brings the CAGR (compound annual growth rate) to 14.4% through 2023.
If we talk about the categories of devices, then in 2023 devices for monitoring and ensuring security will account
for 22.1%. Another 14.3% will be smart speakers. The share of set-top boxes and other entertainment gadgets will be at
29.9%.
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