The average revenue per Smart Home is forecast to exhibit a significant decline in all segments in 2028 compared to the previous year. In line with the decreasing trend, the indicator experiences their lowest value in all segments towards the end of the observations. Specifically, the segment Home Entertainment should be mentioned, as it provides the lowest value with 24.33 U.S. dollars.
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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Statista. (September 25, 2023). Average revenue per Smart Home forecast by segment in Germany from 2020 to 2028 (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/887747/average-revenue-per-smart-home-segment-in-germany
Statista. "Average revenue per Smart Home forecast by segment in Germany from 2020 to 2028 (in U.S. dollars)." Chart. September 25, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/887747/average-revenue-per-smart-home-segment-in-germany
Statista. (2023). Average revenue per Smart Home forecast by segment in Germany from 2020 to 2028 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/887747/average-revenue-per-smart-home-segment-in-germany
Statista. "Average Revenue per Smart Home Forecast by Segment in Germany from 2020 to 2028 (in U.S. Dollars)." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/forecasts/887747/average-revenue-per-smart-home-segment-in-germany
Statista, Average revenue per Smart Home forecast by segment in Germany from 2020 to 2028 (in U.S. dollars) Statista, https://www.statista.com/forecasts/887747/average-revenue-per-smart-home-segment-in-germany (last visited November 21, 2024)
Average revenue per Smart Home forecast by segment in Germany from 2020 to 2028 (in U.S. dollars) [Graph], Statista, September 25, 2023. [Online]. Available: https://www.statista.com/forecasts/887747/average-revenue-per-smart-home-segment-in-germany