Revenue of the smart home segment control & connectivity in South Korea 2018-2027

Published by

Apr 28, 2023

The revenue in the control & connectivity segment of the smart home market in South Korea was forecast to continuously increase between 2023 and 2027 by in total 646.5 million U.S. dollars (+65.71 percent). According to this forecast in 2027, the revenue will have increased for the fourth consecutive year to 1.6 billion U.S. dollars. Notably, the revenue of the control & connectivity segment of the smart home market was continuously increasing over the past years.Find further information concerning the revenue in the control & connectivity segment of the smart home market by looking at countries similar to South Korea, such as China and Japan.

Revenue of the smart home segment control & connectivity in South Korea 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 Control & Connectivity includes the essential equipment (connected and remote-control devices) and services that are part of an intelligent home network. The segment includes smart speakers (Amazon Echo, Google Home, etc.), central control and communication units (hub/gateway), programmable control buttons (e.g. wall switches and adjustable dials) and smart plugs for the control of non-smart devices. Revenues are also generated from services that support these hardware elements such as control apps and connectivity services.

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