Research: Consumer device market to see “explosive” growth

Despite the mass disruption to production lines and supply chains caused by the pandemic, consumer technology devices such as 5G smartphones, video streaming devices, and voice control smart home devices remained remarkably resilient, and the home networking device market saw shipments accelerate in 2020.

Global tech market advisory firm ABI Research has released a report from its new Consumer Technologies service, which forecasts that consumer devices supporting Ultra-wideband (UWB) connectivity, including cellular devices, smart home appliances, and automotive will reach approximately 286 million units in 2021. The report also finds that 1.15 billion 5G smartphones will ship in 2025 and the wearables and true wireless headsets market will see explosive growth, overcoming 1 billion shipments in 2025.

Source: Research: Consumer device market to see “explosive” growth