The statistic shows the projected revenue of the smart home systems market in North America from 2012 to 2023. By 2023, the revenue of the smart home market in North America is forecast to grow to around 49.5 billion U.S. dollars.
Estimated value of the North American smart home market from 2012 to 2023
(in billion U.S. dollars)
Characteristic
Revenue in billion U.S. dollars
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Figures in 2017 and from 2019 to 2022 are an estimate based on 2018 and 2023 figures, annual growth rate and the CAGR from 2018 to 2023 provided by the source.
According to the source smart home systems can be grouped into six primary categories: energy management and climate control systems, home appliances, healthcare and assisted living systems, security and access control systems, audio-visual and entertainment systems and lighting, window and appliance control systems.
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Berg Insight, & Statista. (November 1, 2019). Estimated value of the North American smart home market from 2012 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/296113/north-america-smart-home-market-revenue/
Berg Insight, und Statista. "Estimated value of the North American smart home market from 2012 to 2023 (in billion U.S. dollars)." Chart. November 1, 2019. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/296113/north-america-smart-home-market-revenue/
Berg Insight, Statista. (2019). Estimated value of the North American smart home market from 2012 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/296113/north-america-smart-home-market-revenue/
Berg Insight, and Statista. "Estimated Value of The North American Smart Home Market from 2012 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Nov 2019, https://www.statista.com/statistics/296113/north-america-smart-home-market-revenue/
Berg Insight & Statista, Estimated value of the North American smart home market from 2012 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/296113/north-america-smart-home-market-revenue/ (last visited September 01, 2024)
Estimated value of the North American smart home market from 2012 to 2023 (in billion U.S. dollars) [Graph], Berg Insight, & Statista, November 1, 2019. [Online]. Available: https://www.statista.com/statistics/296113/north-america-smart-home-market-revenue/