The North America smart home market is forecast to grow with a compound annual growth rate of 20.9 percent between 2019 and 2023, reaching around 66.5 billion U.S. dollars in revenue by 2023. Home entertainment devices will contribute the most to the revenue growth.
Smart home market revenue in North America from 2018 to 2023
(in billion U.S. dollars)
Characteristic
Market revenue in billion U.S. dollars
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CABA. (March 1, 2019). Smart home market revenue in North America from 2018 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 14, 2024, from https://www.statista.com/statistics/1076382/north-america-revenue-smart-home-market/
CABA. "Smart home market revenue in North America from 2018 to 2023 (in billion U.S. dollars)." Chart. March 1, 2019. Statista. Accessed September 14, 2024. https://www.statista.com/statistics/1076382/north-america-revenue-smart-home-market/
CABA. (2019). Smart home market revenue in North America from 2018 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 14, 2024. https://www.statista.com/statistics/1076382/north-america-revenue-smart-home-market/
CABA. "Smart Home Market Revenue in North America from 2018 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2019, https://www.statista.com/statistics/1076382/north-america-revenue-smart-home-market/
CABA, Smart home market revenue in North America from 2018 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1076382/north-america-revenue-smart-home-market/ (last visited September 14, 2024)
Smart home market revenue in North America from 2018 to 2023 (in billion U.S. dollars) [Graph], CABA, March 1, 2019. [Online]. Available: https://www.statista.com/statistics/1076382/north-america-revenue-smart-home-market/