Smart Home Report 2019 - Energy Management

Statista Digital Market Outlook - Segment Report

Smart Home Report 2019 - Energy Management There are two major reasons for customers to purchase Smart Home Energy Management solutions: energy and cost savings and additional comfort. The products from this segment include: thermostats, radiator controllers, sensors and AC-controllers. The worldwide revenue of US$4.19 billion in 2018 is expected to increase to US$11.19 billion by 2023.

What's included?
  • Market size & forecasts for the next five years
  • Regional development with the focus regions & countries: U.S., Europe and China
  • Company profile for Hive (Centrica) and Start-up analysis for Watty
  • Company lists for start-ups and established players

We also provide a Segment Report on the other Smart Home segments

In the Statista Digital Market Outlook Segment Reports our analysts compile an overview of the segment and trends, market sizes, regional development, and key players. An overview of all Outlook Reports can be found here.

Statista's Digital Market Outlook provides the most comprehensive data set in terms of market sizes, revenue development and relevant companies. Furthermore, we look into the future of the industry providing the latest trends and tangible revenue forecasts.

Note: Worldwide numbers only includes countries listed in the Statista Digital Market Outlook


The report covers the Smart Home segment Energy Management which includes the sale of products and services for the control and reduction of energy consumption (e.g. automated heating control and timers) as well as connected sensors (e.g. temperature, sunlight, and precipitation sensors).
Networked light bulbs (see Comfort and Lighting) and smart sockets/plugs (see Control and Connectivity) are not included.
Unlike in previous releases, smart plugs are no longer part of this segment but can now be found in the Control and Connectivity segment.
Smart Meters are not part of our Smart Home market.

  • Language: English
  • Released: December 2018
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