• U.S: Smart home segment revenue 2017-2026

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The overall revenue of the smart home market in the United States increased in 2021 to over 28.8 billion U.S. dollars. Around eight billion of this revenue was generated by the smart appliances segment, making it the biggest market segment. Control & connectivity features were the second most profitable segment with 7.22 billion dollars. The Statista Digital Market Outlook estimates that revenue across all segments will continue to increase and by 2026. Smart home security features for example are estimated to increase from five billion dollars in 2021 to almost nine billion dollars in 2026.

Smart home revenue in the United States from 2017 to 2026, by segment (in billion U.S. dollars)

Characteristic	Smart Appliances	Control & Connectivity	Security	Energy Management	Comfort & Lighting	Home Entertainment
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Supplementary notes

Data provided by Statista Market Outlook are estimates
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.

All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.