Xiaomi Leads China's Smart Home Market, According To IDC
IDC released the “China Smart Home Equipment Market Quarterly Tracking Report” on December 10. The report shows that in the third quarter of 2020, China’s smart home equipment market shipments were approximately 51.12 million units, a decrease of 2.5% year-on-year; Xiaomi had the highest market share, reaching 16.3%. IDC said that the decline in smart home market shipments in the third quarter was mainly affected by smart speakers, home video entertainment equipment, and a shortage of upstream components. The shipment of smart speakers in the third quarter was approximately 8.29 million...