Global shipments of smart home devices exceed 800 million units in 2020
It is estimated that there will be more than 1.4 billion units by 2025, with a five-year compound annual growth rate of over 12%.
IDC's latest report shows that global wearable device shipments will reach 445 million units in 2020, an increase of 28% over the previous year. In 2020, global smart home equipment shipments will exceed 800 million units, and it is expected to exceed 1.4 billion units by 2025, with a five-year compound annual growth rate of over 12%.
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