Exertis reports strong growth in the UK Smart Tech market, with sales increasing by 65% in the period from April to December 2018.
Sales of smart security products made up almost half of the total market value, with 35% growth in the year to date. Smart heating and cooling also grew by more than 47% over the period.
Exertis Commercial Director Liam La Cumbre said: “We are seeing growth in all sales channels across the UK for Smart Tech product categories, with e-tailers leading that growth. The demand for Smart Tech products is a key driver of consumer spending, with double-digit growth driven by ease of connection and affordable products with tangible user benefits in convenience, security and safety, as well as the fun element of smart innovations.”
Another area of strong growth is the smart speaker market. According to eMarketer, sales grew by 98.6% in 2018 and are likely to grow by one third in 2019.