European smart home market sees largest growth in two years, says IDC

Kelsey Rees
clock • 2 min read

Samsung came out on top as the best performing vendor by shipments

The smart home market in Europe accounted for almost 23 million units in the first quarter of 2021, surging 25.6 per cent over the same period last year, according to figures from IDC. The analyst added the market is expected to continue its growth trajectory, reaching more than 207 million units in Europe in 2025, a CAGR of more than 13 per cent in 2020-2025. "The growth in smart home products was visible in all categories," said Antonio Arantes, senior research analyst for smart home ...

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