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Planned spending on smart home in the U.S. 2017

From 2018 to 2022, smart home technology is poised for a rapid growth in the United States. Segments like smart speakers, video entertainment and home security are expected to grow by considerable times – with the idea of controlling your house via smart devices becoming more and more mainstream.

Almost 30% of U.S. consumers (between 18 and 59 and likely to invest in smart home technology within the next year) are planning to spend US$251-$500 on their smart home devices. Another one fifth of the consumers are likely to invest US$101-$250 for the same purpose.

Smart home devices revenue in the U.S.
While the global revenue growth of smart home devices is predicted to rise up to a total of US$192 billion by 2023, the U.S. alone, is forecast to generate smart home revenues of about US$42 billion in that same year.

How much money are you planning to spend on your smart home, i.e. connected devices and control units, in total in the following 12 months?

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Source

Number of respondents

1,591 respondents

Age group

18 to 59 years

Special properties

respondents who are likely to invest in their smart home within the next 12 months

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Statistics on "Smart home in the U.S."

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