Smart Home

  • Australia
  • Revenue in the Smart Home market is projected to reach US$2,530m in 2021.
  • Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 11.57%, resulting in a projected market volume of US$3,920m by 2025.
  • In the Smart Home market, the number of active households is expected to amount to 6.6m users by 2025.
  • Household penetration will be 32.7% in 2021 and is expected to hit 59.7% by 2025.
  • The average revenue per installed Smart Home currently is expected to amount to 741.95.
  • A global comparison reveals that most revenue is generated in the United States (US$28,864m in 2021).
  • In the year 2020 a share of 38.4% of users is in the high income group.
  • In the year 2020 a share of 34.3% of users is 25-34 years old.
 
 
 
 
 
 
 
 
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