Smart Home - Saudi Arabia

  • Saudi Arabia
  • The Smart Home market in Saudi Arabia is projected to witness a significant increase in revenue, reaching US$558.5m by 2024.
  • This growth is expected to continue with an annual growth rate (CAGR 2024-2028) of 10.96%, resulting in a projected market volume of US$846.5m by 2028.
  • In Saudi Arabia, the number of active households in the Smart Home market is expected to reach [users_currentlayer_yearend] by 2028.
  • This indicates a growing interest and adoption of Smart Home market technology among households in the country.
  • Furthermore, household penetration of Smart Home market technology is projected to increase from 22.1% in 2024 to 33.0% by 2028.
  • This signifies a rising trend of Smart Home market integration withSaudi_Arabian households.
  • On average, the revenue per installed Smart Home market in Saudi Arabia is expected to amount to US$419.60, reflecting the value and potential of this market segment in the country.
  • In a global comparison, it is noteworthy that United States generates the highest revenue in the Smart Home market, reaching a staggering US$38,800.0m in 2024.
  • However, Saudi Arabia's growing market and potential indicate a promising future for the Smart Home market industry within the country.
  • Saudi Arabia is witnessing a surge in the adoption of smart home technology, driven by the country's push towards modernization and increasing disposable income.

Key regions: United States, United Kingdom, Germany, Europe, Norway

Region comparison


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 segment. 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 digital products and services 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 twice a year in case market dynamics change.


  • Revenue
  • Smart Homes
  • Demographics
  • Key Players
  • Global Comparison
  • Methodology
  • Key Market Indicators
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