Comparing the 19 selected regions regarding the revenue in the 'Energy Management' segment of the smart home market, the United States is leading the ranking (2.3 billion U.S. dollars) and is followed by China with 1 billion U.S. dollars. At the other end of the spectrum is Turkey with 26.79 million U.S. dollars, indicating a difference of 2.3 billion U.S. dollars to the United States.
Data provided by Statista Market Insights are estimates.
The Smart Home market Energy Management covers 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 & Lighting) and smart sockets/plugs (see Control & 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 & Connectivity segment. Smart Meters are not part of our Smart Home market.
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Statista. (September 25, 2023). Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/484511/smart-home-revenue-for-selected-countries-in-the-segment-energy-management
Statista. "Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars)." Chart. September 25, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/484511/smart-home-revenue-for-selected-countries-in-the-segment-energy-management
Statista. (2023). Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/484511/smart-home-revenue-for-selected-countries-in-the-segment-energy-management
Statista. "Smart Home Revenue Forecast for Selected Countries in The Segment Energy Management 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/forecasts/484511/smart-home-revenue-for-selected-countries-in-the-segment-energy-management
Statista, Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/484511/smart-home-revenue-for-selected-countries-in-the-segment-energy-management (last visited November 05, 2024)
Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars) [Graph], Statista, September 25, 2023. [Online]. Available: https://www.statista.com/forecasts/484511/smart-home-revenue-for-selected-countries-in-the-segment-energy-management