Australia: smart home segment energy management revenue 2018-2027

The revenue in the energy management segment of the smart home market in Australia was forecast to continuously increase between 2023 and 2027 by in total 105 million U.S. dollars (+57.31 percent). According to this forecast in 2027, the revenue will have increased for the fourth consecutive year to 288.21 million U.S. dollars. Notably, the revenue of the energy management segment of the smart home market was continuously increasing over the past years.Find further information concerning the revenue in the energy management segment of the smart home market by looking at other countries, such as Japan and Spain.

Revenue of the smart home segment energy management in Australia from 2018 to 2027 (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

The smart home segment Energy Management covers the sale of products and services for the control and reduction of energy consumption (e.g. automated heating control and timers) as well as connected sensors (e.g. temperature, sunlight, and precipitation sensors).
Networked light bulbs (see Comfort & Lighting) and smart sockets/plugs (see Control & Connectivity) are not included. Unlike in previous releases, smart plugs are no longer part of this segment but can now be found in the Control & Connectivity segment. Smart Meters are not part of our smart home market.

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