Smart Appliances - Saudi Arabia

  • Saudi Arabia
  • Revenue in the Smart Appliances segment is projected to reach US$187.40m in 2022.
  • Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 14.37%, resulting in a projected market volume of US$320.60m by 2026.
  • In the Smart Appliances segment, the number of active households is expected to amount to 1.2m users by 2026.
  • Household penetration will be 9.8% in 2022 and is expected to hit 20.0% by 2026.
  • The average revenue per installed Smart Home currently is expected to amount to US$324.80.
  • A global comparison reveals that most revenue is generated in China (US$12,260.00m in 2022).
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