Revenue of smart home security Australia 2026

The revenue of the Security industry in Australia is forecast to continuously increase by 194.1 million U.S. dollars (+42.36%) within the next years. After ninth consecutive increasing years, the revenue is estimated to reach 652.28 million U.S. dollars and therefore a new peak in 2026. Notably, the revenue of the Security industry was continuously increasing over the past years.

The Smart Home segment Security includes the sale of devices and services for networked access control and management for buildings and premises. This includes surveillance products (e.g. security cameras and related data storage and transmission services, motion sensors, programmable and remote control door locks) as well as equipment for risk monitoring (connected smoke detectors and humidity sensors).
Remote surveillance and emergency services from specialized security firms which are not related to smart home are not included."

Revenue of the smart home security market in Australia from 2017 to 2026 (in million U.S. dollars)

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Supplementary notes

The Smart Home market constitutes the sale of networked devices and related services that enable home automation for private end users (B2C). Considered are devices that are connected directly or indirectly via a so-called gateway to the Internet. Their main purposes are the control, monitoring and regulation of functions in a private household.
The remote control and monitoring of individual devices and, if applicable, their direct communication with one another (Internet of Things), is an essential component of intelligent home automation. Therefore, services which are necessary for the maintenance or control of the household network are also considered, e.g. subscription fees for control apps or external monitoring services.
Devices whose primary function is not the automation or remote control of household equipment, e.g. smartphones and tablets, are not included here. Similarly, devices that relate to household connection and remote control only to a limited extent, such as smart TVs, are not included either.

All figures are estimate. A detailed methodology can be found in the Statista Digital Market Outlook."

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