Digital Market Outlook: smart home market revenue in the UK 2016-2022, by segment

This statistic presents the smart home market revenue in the United Kingdom (UK) in 2016, and provides a forecast until 2022, broken down by market segment. Home entertainment smart home revenue in the UK is expected to grow from 265 million U.S. dollars in 2017 to 625 million U.S. dollars in 2022. An overview of all Digital Markets can be found here.
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Smart home market revenue in the United Kingdom (UK) from 2016 to 2022, by segment

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Source

Release date

April 2018

Region

United Kingdom

Survey time period

2016

Supplementary notes

* Estimate.

The Smart Home market constitutes the sale of networked devices and related services that enable home automation for private end users (B2C). Considered are devices that are connected directly or indirectly via a so-called gateway to the Internet. Their main purposes are the control, monitoring and regulation of functions in a private household. The remote control and monitoring of individual devices and, if applicable, their direct communication with one another (Internet of Things), is an essential component of intelligent home automation. Therefore, services which are necessary for the maintenance or control of the household network are also considered, e.g. subscription fees for control apps or external monitoring services. Smart Home solutions can roughly be divided into two groups: Integrated Smart Home: A single occupant home or households in multi-unit dwellings that are equipped with a central control unit (gateway) which is connected to the Internet and from which a large number of networked devices can be connected with one another. Integrated Smart Homes use devices from at least two market segments. Stand-alone Smart Home: An isolated application that does not necessarily use a central control unit, serves a single purpose and can be directly controlled (e.g. via a router) from a smart device. Included are all Smart Homes that include devices from only one segment. Devices whose primary function is not the automation or remote control of household equipment, e.g. smartphones and tablets, are not included here. Similarly, devices that relate to household connection and remote control only to a limited extent, such as smart TVs, are not included either. The market is split into the following segments: Control and Connectivity, Comfort and Lighting, Security, Home Entertainment, Energy Management, Smart Appliances.

Further information on methodology can be found here.

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Statistics on "Smart home market in the United Kingdom"

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