Canada: smart home segment security revenue 2018-2027

The revenue in the security segment of the smart home market in Canada was forecast to continuously increase between 2023 and 2027 by in total 210.3 million U.S. dollars (+48.51 percent). After the fourth consecutive increasing year, the revenue is estimated to reach 643.75 million U.S. dollars and therefore a new peak in 2027. Notably, the revenue of the security segment of the smart home market was continuously increasing over the past years.Find further information concerning the security segment of the smart home market by looking at key market indicators in countries similar to Canada user penetration in the United States and revenue in Mexico.

Revenue of the smart home segment security in Canada from 2018 to 2027 (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

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.

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