United Kingdom (UK): smart home segment energy management revenue 2018-2027

The revenue in the energy management segment of the smart home market in the United Kingdom was forecast to continuously increase between 2023 and 2027 by in total 595.4 million U.S. dollars (+74.79 percent). After the fourth consecutive increasing year, the revenue is estimated to reach 1.4 billion U.S. dollars and therefore a new peak in 2027. Notably, the revenue of the energy management segment of the smart home market was continuously increasing over the past years.

Find other key market indicators concerning the energy management segment of the smart home market in the United Kingdom, such as average revenue per user (ARPU) and number of users.

Revenue of the smart home segment energy management in the United Kingdom 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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