The revenue in the 'Home Entertainment' segment of the smart home market in South Africa was forecast to continuously increase between 2023 and 2028 by in total 32.2 million U.S. dollars (+33.17 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 129.22 million U.S. dollars and therefore a new peak in 2028. Notably, the revenue of the 'Home Entertainment' 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 Home Entertainment comprises the sale of products and services for multi-room entertainment (e.g. sound systems) as well as connected remote controls and streaming devices (e.g. Amazon Fire TV stick, Google Chromecast). General, freely programmable buttons and switches (see Control & Connectivity) or light bulbs for different lighting scenarios (see Comfort & Lighting) are not included. Smart TVs are also not considered here because their functions are, in most cases, not directly controlled via the Internet but networking is primarily used for the retrieval of media content.
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Statista. (September 25, 2023). Revenue of the smart home segment home entertainment in South Africa from 2019 to 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/644519/revenue-in-the-smart-home-segment-home-entertainment-in-south-africa
Statista. "Revenue of the smart home segment home entertainment in South Africa from 2019 to 2028 (in million U.S. dollars)." Chart. September 25, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/644519/revenue-in-the-smart-home-segment-home-entertainment-in-south-africa
Statista. (2023). Revenue of the smart home segment home entertainment in South Africa from 2019 to 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/644519/revenue-in-the-smart-home-segment-home-entertainment-in-south-africa
Statista. "Revenue of The Smart Home Segment Home Entertainment in South Africa from 2019 to 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/forecasts/644519/revenue-in-the-smart-home-segment-home-entertainment-in-south-africa
Statista, Revenue of the smart home segment home entertainment in South Africa from 2019 to 2028 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/644519/revenue-in-the-smart-home-segment-home-entertainment-in-south-africa (last visited August 25, 2024)
Revenue of the smart home segment home entertainment in South Africa from 2019 to 2028 (in million U.S. dollars) [Graph], Statista, September 25, 2023. [Online]. Available: https://www.statista.com/forecasts/644519/revenue-in-the-smart-home-segment-home-entertainment-in-south-africa