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Author: William Ablondi
Publication Date: Oct 19 2016
Pages: 8
 Report Type: Data Table, Excel

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Smart Home

2016 Smart Home Devices with Voice Input Forecast_GLOBAL TOTAL



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Report Summary:

The market global market for smart home systems and services is developing into a major opportunity for technology and service providers as well as firms in other industries from retailers to insurance providers. Consumer spending on smart home related hardware, services and installation fees will reach nearly $73B in 2016 and grow at a 16% CAGR to nearly $130B by 2020. By 2020 more than 230M homes worldwide or about one in eight will have at least one type of smart system installed.

Consumer spending on hardware will total nearly $70 billion globally by 2020 accounting for more than 50% of total smart home spending. A growing number of smart home devices are equipped with microphones and speakers and an increasing portion of these have voice input capabilities. We have discussed the current state of voice in the home, the technological developments and outlook for devices with voice input in Voice Interfaces and Digital Assistants in the Intelligent Home.

This forecast data table presents Strategy Analytics' forecast and key planning assumptions for smart home devices with voice input to 2020. It includes projections for the major device types including Digital Voice Assistant Devices (DVADs) such as the Amazon Echo line of products and Google Home. We expect many more devices in this category to be introduced in the next three to six months based on the early success of Echo.

Table of Contents

Individual forecasts are provided for:
• Gateway/Panel/Hubs
• Programmable Communicating Thermostats (PCTs)
• Cameras (All Types)
• Connected Doorbells
• Connected Smoke Detectors
• Lighting/Small Appliance Controls & Smart Plugs
• Digital Health Systems
• Smart Appliance Controllers
• Smart Bulbs
• Households with OTHER Systems - Not Included Elsewhere

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