Smart Home

Canada
  • Revenue in the Smart Home market is projected to reach US$2.66bn in 2022.
  • Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 11.40%, resulting in a projected market volume of US$4.10bn by 2026.
  • In the Smart Home market, the number of active households is expected to amount to 9.0m users by 2026.
  • Household penetration will be 31.7% in 2022 and is expected to hit 53.0% by 2026.
  • The average revenue per installed Smart Home currently is expected to amount to US$520.70.
  • 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 36.8% of users is in the high income group.
  • In the year 2021 a share of 26.3% of users is 25-34 years old.
 
 
 
 
 
 
 
 
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