Revenue in the Smart Home market for different segments Australia 2017-2027

The revenue is forecast to experience significant growth in all segments in 2027. As part of the positive trend, the revenue reaches the maximum value for all six different segments at the end of the comparison period. Particularly noteworthy is the segment Smart Appliances, which has the highest value of 2 billion U.S. dollars.

Revenue in the Smart Home market for different segments Australia from 2017 to 2027 (in million U.S. dollars)

Characteristic	Control & Connectivity	Security	Home Entertainment	Energy Management	Smart Appliances	Comfort & Lighting
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Supplementary notes

The Smart Home market constitutes the sale of networked devices and related services that enable home automation for private end users (B2C). Considered are devices that are connected directly or indirectly via a so-called gateway to the Internet. Their main purposes are the control, monitoring and regulation of functions in a private household.

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 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.

Devices whose primary function is not the automation or remote control of household equipment, e.g. smartphones and tablets, are not included here. Similarly, devices that relate to household connection and remote control only to a limited extent, such as smart TVs, are not included either.

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