D&H Sees 77% Growth in IoT, 31% in TV Sales in 2016
Despite lackluster growth in other distribution areas, D&H is reporting skyrocketing growth in Internet of Things (IoT) and TV in 2016.
D&H Distributing is looking back at two trends of 2016. First, consumers are looking to build more rubust infrastructers to manage their connected devices. And second, a seamless, unified and automated home/entertainment environment has become the norm.
Or at the very least, it has set the bar for high standards in smart home technology.
So while D&H is reporting lackluster growth in some areas in 2016, key areas of the home-technology market are skyrocketing.
The distribution company saw sales gains of 77 percent in Internet of Things (IoT), which it defines as smart home, Wi-Fi and Bluetooth connected products. D&H also reports 31 percent growth in TV sales, including streaming models.
Growth areas for D&H Distributing in 2016, YOY:
- IoT products: 77%
- 3D printing: 52%
- Floor care: 45%
- Televisions: 31%
- Fitness & exercise: 20%
- Notebooks computers: 11%
- Cell phones: 10%
These numbers are propelling D&H to look toward developments in smart home automation, media hubs and augmented reality for 2017.
“As the industry moves toward more cloud- and Wi-Fi-connected infrastructures and solutions, D&H is constantly monitoring and forecasting these developments, to give our customers an advantage selling into this new automated environment,” says Dan Schwab, co-president at D&H. “That can mean anything from negotiating relationships with manufacturers in emerging categories, to facilitating product demos of these technologies on behalf of our vendors."
Chelsea Cafiero is Senior Web Editor of CE Pro. She also manages the corresponding websites of sister publications Commercial Integrator, Security Sales & Integration, Campus Safety and Electronic House. Chelsea has previously covered politics, local news and consumer electronics. She joined the CE Pro family in 2012. Have a suggestion or a topic you want to read more about? Email Chelsea at [email protected]
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