The revenue in the 'Control & Connectivity' segment of the smart home market in Asia was forecast to continuously increase between 2023 and 2028 by in total 7.1 billion U.S. dollars (+88.61 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 15.1 billion U.S. dollars and therefore a new peak in 2028. Notably, the revenue of the 'Control & Connectivity' segment of the smart home market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
The Smart Home market Control & Connectivity includes the essential equipment (connected and remote-control devices) and services that are part of an intelligent home network. The segment includes smart speakers (Amazon Echo, Google Home, etc.), central control and communication units (hub/gateway), programmable control buttons (e.g. wall switches and adjustable dials) and smart plugs for the control of non-smart devices. Revenues are also generated from services that support these hardware elements such as control apps and connectivity services.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (September 25, 2023). Revenue of the smart home segment control & connectivity in Asia from 2019 to 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/forecasts/644271/revenue-in-the-smart-home-segment-control-and-connectivity-in-asia
Statista. "Revenue of the smart home segment control & connectivity in Asia from 2019 to 2028 (in million U.S. dollars)." Chart. September 25, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/forecasts/644271/revenue-in-the-smart-home-segment-control-and-connectivity-in-asia
Statista. (2023). Revenue of the smart home segment control & connectivity in Asia from 2019 to 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/forecasts/644271/revenue-in-the-smart-home-segment-control-and-connectivity-in-asia
Statista. "Revenue of The Smart Home Segment Control & Connectivity in Asia from 2019 to 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/forecasts/644271/revenue-in-the-smart-home-segment-control-and-connectivity-in-asia
Statista, Revenue of the smart home segment control & connectivity in Asia from 2019 to 2028 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/644271/revenue-in-the-smart-home-segment-control-and-connectivity-in-asia (last visited December 21, 2024)
Revenue of the smart home segment control & connectivity in Asia from 2019 to 2028 (in million U.S. dollars) [Graph], Statista, September 25, 2023. [Online]. Available: https://www.statista.com/forecasts/644271/revenue-in-the-smart-home-segment-control-and-connectivity-in-asia
