This statistic presents a forecast of the revenue in the Smart Home market for selected countries in the year 2019. According to the Digital Market Outlook, the revenue of the Smart Home market in United States is expected to be 23,826.6 million U.S. dollars in 2019. An overview of all Digital Markets can be found here. Statista’s Digital Market Outlook offers forecasts, detailed market insights and essential performance indicators of the most significant areas in the “Digital Economy”, including various digital goods and services. Alongside revenue forecasts for 150 countries worldwide, Statista offers additional insights into consumer trends and demographic structure of digital consumer markets. The Forecast is adjusted for the expected impact of COVID-19.
Smart Home revenue forecast for selected countries 2019
(in million U.S. dollars)
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.
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Statista. (August 11, 2020). Smart Home revenue forecast for selected countries 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 26, 2020, from https://www.statista.com/forecasts/483712/smart-home-revenue-for-selected-countries
Statista. "Smart Home revenue forecast for selected countries 2019 (in million U.S. dollars)." Chart. August 11, 2020. Statista. Accessed October 26, 2020. https://www.statista.com/forecasts/483712/smart-home-revenue-for-selected-countries
Statista. (2020). Smart Home revenue forecast for selected countries 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 26, 2020. https://www.statista.com/forecasts/483712/smart-home-revenue-for-selected-countries
Statista. "Smart Home Revenue Forecast for Selected Countries 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 11 Aug 2020, https://www.statista.com/forecasts/483712/smart-home-revenue-for-selected-countries
Statista, Smart Home revenue forecast for selected countries 2019 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/483712/smart-home-revenue-for-selected-countries (last visited October 26, 2020)