Smart Home

  • Revenue in the Smart Home market is projected to reach US$1,342.00m in 2022.
  • Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 17.61%, resulting in a projected market volume of US$2,568.00m by 2026.
  • In the Smart Home market, the number of active households is expected to amount to 11.0m users by 2026.
  • Household penetration will be 8.2% in 2022 and is expected to hit 14.7% by 2026.
  • The average revenue per installed Smart Home currently is expected to amount to US$230.10.
  • A global comparison reveals that most revenue is generated in the United States (US$33,660.00m in 2022).
  • In the year 2021 a share of 35.8% of users is in the high income group.
  • In the year 2021 a share of 29.2% of users is 25-34 years old.
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