The indicator 'Household Penetration Rate' in the 'Control & Connectivity' segment of the smart home market in the United States was forecast to continuously increase between 2023 and 2028 by in total 47.5 percentage points. After the ninth consecutive increasing year, the indicator is estimated to reach 83.74 percent and therefore a new peak in 2028. Notably, the indicator 'Household Penetration Rate' 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.
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Statista. (September 25, 2023). Penetration rate of the smart home segment control & connectivity in the United States from 2019 to 2028 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/887618/penetration-rate-of-smart-homes-in-the-segment-control-and-connectivity-in-the-united-states
Statista. "Penetration rate of the smart home segment control & connectivity in the United States from 2019 to 2028." Chart. September 25, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/887618/penetration-rate-of-smart-homes-in-the-segment-control-and-connectivity-in-the-united-states
Statista. (2023). Penetration rate of the smart home segment control & connectivity in the United States from 2019 to 2028. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/887618/penetration-rate-of-smart-homes-in-the-segment-control-and-connectivity-in-the-united-states
Statista. "Penetration Rate of The Smart Home Segment Control & Connectivity in The United States from 2019 to 2028." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/forecasts/887618/penetration-rate-of-smart-homes-in-the-segment-control-and-connectivity-in-the-united-states
Statista, Penetration rate of the smart home segment control & connectivity in the United States from 2019 to 2028 Statista, https://www.statista.com/forecasts/887618/penetration-rate-of-smart-homes-in-the-segment-control-and-connectivity-in-the-united-states (last visited August 25, 2024)
Penetration rate of the smart home segment control & connectivity in the United States from 2019 to 2028 [Graph], Statista, September 25, 2023. [Online]. Available: https://www.statista.com/forecasts/887618/penetration-rate-of-smart-homes-in-the-segment-control-and-connectivity-in-the-united-states