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Author: William Ablondi
Co Author: Jack Narcotta
Publication Date: Dec 22 2020
Pages: 12
Report Type: Report, Word
Smart Home

2020 Smart Home Year in Review



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Report Summary:

Adoption of smart home solutions continued to grow in 2020 driven by increased awareness of the capabilities and benefits of the solutions. Prices for both services e.g., monitored security and devices, declined making smart home products and services more affordable for a wider range of consumers. Globally more than 270 million homes had at least one smart device at the end of 2020; this number will increase by 46% to more than 400 million by 2025.

 


Table of Contents

1.       Executive Summary

2.       Impact of COVID-19 on the Smart Home Market

2.1     COVID-19 Tracking Changing Consumer Behaviors

2.2     COVID Surveys: Summary and Key Takeaways

2.2.1       Smart Home COVID-19 Survey Reports & Webinars:

3.       Selected Key Events in 2020

3.1     Entrances and Announcements

3.2     Exits and Endings

3.3     Acquisitions and Investments

4.       Amazon’s and Google’s Smart Home Moves in 2020

4.1     Amazon, including Blink and Ring

4.2     Google, including Nest

5.       State of the Market as We Enter 2021

5.1     Several Challenges to Address

5.2     Bright Spots Heading into 2021

5.3     Questions for Further Consideration in 2021 and Beyond

6.      How Can We Help You?


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