The graph presents the control and connectivity smart home market revenue in the United Kingdom (UK) in 2016, and provides a forecast thereof until 2022. Smart home revenue for the control and connectivity segment is expected to grow from 424 million U.S. dollars in 2017 to 1.1 billion U.S. dollars in 2022. An overview of all Digital Markets can be found here. Statista’s Digital Market Outlook offers forecasts, detailed market insights and essential performance indicators of the most significant areas in the “Digital Economy”, including various digital goods and services. Alongside revenue forecasts for 50 countries worldwide, Statista offers additional insights into consumer trends and demographic structure of digital consumer markets.
Revenue in the control and connectivity segment of the smart home market in the United Kingdom (UK) from 2016 to 2022
(in million U.S. dollars)
The Smart Home segment Control and Connectivity includes the essential equipment (connected and remote-control devices) and services that are part of an intelligent home network. The segment includes smart speakers (Amazon Echo, Google Home, etc.), central control and communication units (hub/gateway), programmable control buttons (e.g. wall switches and adjustable dials) and smart plugs for the control of non-smart devices. Revenues are also generated from services that support these hardware elements such as control apps and connectivity services.
In previous releases, the products included here were part of the Home Automation segment. Heating controls are not included (see Energy Management).
Further information on methodology can be found here.
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Statista (Digital Market Outlook). (April 1, 2018). Revenue in the control and connectivity segment of the smart home market in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/483789/home-automation-smart-home-revenue-digital-market-outlook-uk/
Statista (Digital Market Outlook). "Revenue in the control and connectivity segment of the smart home market in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars)." Chart. April 1, 2018. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/483789/home-automation-smart-home-revenue-digital-market-outlook-uk/
Statista (Digital Market Outlook). (2018). Revenue in the control and connectivity segment of the smart home market in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/483789/home-automation-smart-home-revenue-digital-market-outlook-uk/
Statista (Digital Market Outlook). "Revenue in The Control and Connectivity Segment of The Smart Home Market in The United Kingdom (Uk) from 2016 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Apr 2018, https://www.statista.com/statistics/483789/home-automation-smart-home-revenue-digital-market-outlook-uk/
Statista (Digital Market Outlook), Revenue in the control and connectivity segment of the smart home market in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/483789/home-automation-smart-home-revenue-digital-market-outlook-uk/ (last visited November 10, 2024)
Revenue in the control and connectivity segment of the smart home market in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars) [Graph], Statista (Digital Market Outlook), April 1, 2018. [Online]. Available: https://www.statista.com/statistics/483789/home-automation-smart-home-revenue-digital-market-outlook-uk/