Smart Home revenue per segment in Finland 2028

The revenue is forecast to experience significant growth in all segments in 2028. Especially notable is the remarkably robust growth observed in the Smart Appliances segment as we approach the end of the forecast period. This value, reaching 13.4 million U.S. dollars, stands out significantly compared to the average changes, which are estimated at 5.85 million U.S. dollars.

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Smart Home revenue forecast per segment in Finland from 2020 to 2028 (in million U.S. dollars)

Characteristic	Smart Appliances	Energy Management	Control & Connectivity	Comfort & Lighting	Security	Home Entertainment
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Supplementary notes

Data provided by Statista Market Insights are estimates.

The Smart Home market constitutes the sale of networked devices and related services that enable home automation for private end users (B2C). Considered are devices that are connected directly or indirectly via a so-called gateway to the Internet. Their main purposes are the control, monitoring and regulation of functions in a private household.

The remote control and monitoring of individual devices and, if applicable, their direct communication with one another (Internet of Things), is an essential component of intelligent home automation. Therefore, services which are necessary for the maintenance or control of the household network are also considered, e.g. subscription fees for control apps or external monitoring services.

Devices whose primary function is not the automation or remote control of household equipment, e.g. smartphones and tablets, are not included here. Similarly, devices that relate to household connection and remote control only to a limited extent, such as smart TVs, are not included either.

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