Smart Home

  • United Kingdom
  • Revenue in the Smart Home market is projected to reach £5,298m in 2021.
  • Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 15.06%, resulting in a projected market volume of £9,286m by 2025.
  • In the Smart Home market, the number of active households is expected to amount to 25.5m users by 2025.
  • Household penetration will be 41.6% in 2021 and is expected to hit 85.7% by 2025.
  • The average revenue per installed Smart Home currently is expected to amount to £434.90.
  • A global comparison reveals that most revenue is generated in the United States (£20,765m in 2021).
  • In the year 2020 a share of 36.5% of users is in the medium income group.
  • In the year 2020 a share of 28.8% of users is 25-34 years old.
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