IDC: Economic woes slow down shipments of smart home devices

Citing weak consumer demand and economic volatility, the International Data Corp. (IDC) saw a continued decline in smart home devices shipment in the first quarter of 2023. IDC expects the market to decline by 1.8% overall this year.  Based on IDC data, global shipments of smart home devices fell 5.6% year over year (YoY) to … Continue reading IDC: Economic woes slow down shipments of smart home devices