Smart Home - Russia

  • Russia
  • Revenue in the Smart Home market is projected to reach US$2,073.0m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 9.93%, resulting in a projected market volume of US$3,027.0m by 2028.
  • Household penetration will be 11.2% in 2024 and is expected to hit 24.2% by 2028.
  • The average revenue per installed Smart Home currently is expected to amount to US$306.20.
  • A global comparison reveals that most revenue is generated United States (US$38,800.0m in 2024).
Region comparison

Analyst Opinion

The Smart Home market in Russia is experiencing a gradual but steady growth, reflecting a global trend towards interconnected and automated living spaces.

Customer preferences:
Russian consumers are increasingly drawn to smart home devices that offer convenience, energy efficiency, and security. The desire for more control over household functions and the growing popularity of voice-controlled assistants are driving the demand for smart home products in the country.

Trends in the market:
One notable trend in the Russian Smart Home market is the increasing adoption of smart security systems, including cameras, sensors, and smart locks. This trend is fueled by a rising awareness of the importance of home security and the desire for remote monitoring capabilities. Another trend shaping the market is the integration of smart home technology with existing home infrastructure. Russian consumers are looking for seamless solutions that can be easily incorporated into their homes without major renovations, driving the demand for retrofitting smart devices.

Local special circumstances:
Russia's climate and vast geographical expanse present unique challenges and opportunities for the Smart Home market. The need for energy-efficient heating and lighting solutions in cold regions like Siberia drives the demand for smart thermostats and lighting controls. Additionally, the growing urbanization in cities like Moscow and St. Petersburg is creating a market for smart home solutions tailored to apartment living.

Underlying macroeconomic factors:
The gradual recovery of the Russian economy following a period of recession has contributed to the growth of the Smart Home market. As disposable incomes rise and consumer confidence improves, more households are willing to invest in smart home technology. Additionally, government initiatives to promote digitalization and innovation in the country are creating a favorable environment for the expansion of the Smart Home market in Russia.


Data coverage:

The data encompasses B2C enterprises. Figures are based on the sales of smart home products, excluding taxes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market category. As a basis for evaluating markets, we use the Statista Global Consumer Survey, market data from independent databases and third-party sources, and Statista interviews with market experts. In addition, we use relevant key market indicators and data from country-specific associations, such as household internet penetration and consumer spending for households. This data helps us estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting innovative products due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward smart home integration.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated once a year, in case market dynamics change we do more frequent updates.


  • Revenue
  • Key Players
  • Product Types
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
Please wait


Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)