Smart Home – Market Data & Forecast 2022

Statista Digital Market Outlook - Market Report


The Internet of Things (IoT) is one of the hot topics when it comes to digitalization and disruptive changes to traditional industries. The globally rising number of connected sensors leads to more and more data. With the use of smart algorithms such as machine learning tools, this data can be used to control actuators. These sensors and actuators are what we generally call IoT. The IoT in the content of private households are what we call a Smart Home. The possibilities to automate processes in the domestic context are almost countless. The report covers the whole Smart Home market which includes the segments Smart Appliances, Security, Control and Connectivity, Home Entertainment, Energy Management as well as Comfort and Lighting. Considered are all devices that are connected directly or indirectly to the Internet. The remote control and monitoring of individual devices and, if applicable, their direct communication with one another, 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.

  • Language: English
  • Released: December 2022
More than 7,500

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