Consumers Spend Billions on Smart Home Hardware Globally
The smart home hardware market has rapidly grown. With technology advancing at an unprecedented pace, consumers are buying more products YoY.
The smart home hardware market has rapidly grown. With technology advancing at an unprecedented pace, consumers are buying more products YoY.
The global sales value of service robots for personal & domestic is seeing large growth, from $4.3 billion in 2019 to $10 billion by 2023.
The consumer electronics industry saw substantial expansion & popularity in the U.S. Breakthroughs & new products keep the market growing.
Global smartwatch market is predicted to grow a lot. In 2016, 37 million units were shipped, by 2025 the number is expected to be 253 million.
Consumer spending on smart home devices and services has risen in recent years and will quadruple to 170 billion U.S. dollars by 2025.
The global headphones production keeps growing, a robust year-on-year growth of 14 percent in 2020 & closing with 549 million goods shipped.
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