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Smart home market revenue change in the UK 2018-2025

Revenue growth in the Smart Home sector in the United Kingdom (UK) is expected to sit at 10.4 percent in 2025, adjusted for the impact of the coronavirus (COVID-19) pandemic.
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Revenue growth in the smart home market in the United Kingdom (UK) from 2018 to 2025

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Source

Release date

September 2020

Region

United Kingdom

Survey time period

2018 to 2025

Supplementary notes

The Smart Home market is comprised of the sale of networked devices and related services that enable home automation for private end users (B2C). Devices that are connected directly via a so-called gateway to the Internet for controlling, monitoring and regulation of various functions in a private household are considered within this market.

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 are considered which are necessary for maintenance or control of the household network e.g. subscription fees of control apps or external monitoring services.

Devices whose primary function is not for the automation or remote control of household equipment, e.g. smartphones and tablets, are not included here. Similarly, devices whose reason for purchase is only related to household connection and remote control to a limited extent, such as Smart-TVs, refrigerators, or ovens, are also not included.

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Statistics on "Smart home market in the United Kingdom"

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