Worldwide Shipments of Smart Home Devices Continue to Decline in 2023 Due to Lack of Upgrades

Global shipments of smart home devices continued to decline in the first quarter of 2023 as shipments fell 5.6% year over year to 186.0 million units, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. The lack of new models and noteworthy updates to existing smart speakers, lack of progress in voice assistants, and the transition to the Matter smart home interoperability standard are to blame.