Rapid advances in technology are making smart home appliances and robots commonplace in smart home environments. This point of view is shared by analysts from ABI Research. According to their forecast, the growth momentum of this market, which emerged in the second half of 2020, will continue this year, as a result of which sales of consumer robotics and smart home appliances will reach 80 billion US dollars. This is 40% more than in 2020.
According to analysts, growth is the result of two driving forces. On the one hand, in the eyes of consumers, smart devices are more valuable than their predecessors. On the other hand, manufacturers are expanding their offer of home appliances with the ability to connect and use as part of a smart home, offering this opportunity not only in models of the highest level, as it was quite recently. This combination of increased consumer awareness, greater product availability and more attractive pricing allows analysts to predict that the market will continue to grow steadily throughout the decade.
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