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Global WiFi Smart Home and Smartphone Shipments by Region and Connectivity (2018-2025F)
Overview:
The global smart home market is poised to grow at a CAGR of 21% from 2019 to 2025 despite the recent developments regarding COVID-19, while smartphone market is expected to grow slowly at a CAGR of 1.6% over the forecasted period. The penetration of Wi-Fi 6 devices is expected to increase to 66% in 2025 from its current level of 14%. The major driving categories for this growth are going to be smartphones, security camera, Smart TV and Smart Speakers and Gaming Consoles. This report analyses Smart Home devices shipments and splits them by category and connectivity type.
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