Smart-home products enjoy surging sales in Europe


In the fourth quarter of 2020, Europeans bought more smart-home products than ever before. — AFP Relaxnews

The market for smart-home products set new records in the fourth quarter of 2020 with more than 41 million speakers, TV sticks, bulbs and thermostats sold, which represents an increase of 12% when compared with the same period a year earlier.

In the wake of a catastrophic first quarter marked by the Covid-19 crisis, the European market for smart-home products bounced back to finish 2020 in style.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Meta partners with James Cameron's tech venture to boost mixed reality content
Intel names two chip industry veterans to its board amid CEO search
US FDA cited animal lab at Musk’s Neuralink for ‘objectionable conditions’
Alphabet's Waymo to expand ride-hailing services to Miami
Broadcom unveils new tech to speed up custom chips amid rising GenAI demand
AI startup Perplexity adds The Independent, LA Times to its publishers' program
AI startup Cohere to prioritize customized over larger models in enterprise push
Italian startup iGenius and Nvidia to build major AI system
EU orders TikTok to freeze Romanian elections data
Amazon successfully tests using delivery drones in Italy

Others Also Read