Smart Home Report 2020 - Energy Management

Statista Digital Market Outlook - Segment Report

Smart Home Report 2020 - 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$5.8 billion in 2019 is expected to increase to US$12.3 billion by 2024.

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

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: June 2020
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