Hong Kong: smart home segment control & connectivity revenue 2019-2028| Statista

The revenue in the 'Control & Connectivity' segment of the smart home market in Hong Kong was forecast to continuously increase between 2023 and 2028 by in total 22.3 million U.S. dollars (+40.98 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 76.68 million 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.

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Revenue of the smart home segment control & connectivity in Hong Kong from 2019 to 2028 (in million U.S. dollars)

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Supplementary notes

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.

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