Global installed base of smart home devices to exceed 2bn in 2022

The global smart home market is expected to experience consecutive years of softening growth starting in 2021 before an upward trajectory resumes in 2023 according to Omdia. The downward trend is attributed to a combination of factors including wage stagnation, increased unemployment, and a large decline in projected retail sales, especially in 2022. Strong growth,…

Smart speaker sales plateau in US, claims research

The smart speaker revolution is coming to an end in North America as sales numbers plateau. However, growth elsewhere in the world suggests that the revolution lives on elsewhere, says new research from Omdia. According to the latest smart speaker report from Omdia, the compound annual growth rate (CAGR) for smart speaker annual shipments in North…