IDC Expects Video Entertainment Device Shipments to Rise 11% Annually

Video entertainment devices are expected to reach 457.5 million units shipped by 2022, a 10.9 percent compound annual growth rate, IDC reported Monday. Devices including Apple TV, Fire TV, Chromecast and Roku will serve as the gateway into the smart home ecosystem, leading to “immense competition” in content and price, the researcher said. It expects the worldwide smart home device market to grow 31 percent this year over 2017 to 643.9 million shipments, reaching 1.3 billion by 2022. Smart speakers are expected to post the fastest growth.