U.S. Smart Home Monitoring and Security Device Forecast, 2023–2027
This IDC study provides a five-year forecast for the U.S. smart home monitoring and security device market for the 2023–2027 period."Compared with other device segments, the market for smart home monitoring and security devices remains robust despite downward pressure on shipments due to economic volatility," says Adam Wright, research manager for IDC's Smart Home and Office Devices research program. "Consumer demand for smart cameras, locks, doorbells, and other devices is higher than for many other types of smart home devices, despite wallets becoming increasingly squeezed from high inflation and increasing credit card debt."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Shipments Forecast by Device Type
- Value of Shipments Forecast by Device Type
- Market Context
- Drivers and Inhibitors
- Drivers
- Rising Broadband Penetration
- Confidence in the "Do It Yourself" Approach
- Inhibitors
- Privacy/Security Concerns
- Costs of Devices and Services
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Related Research
Research Assistance
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