The United States is leading the ranking by revenue in the 'Control & Connectivity' segment of the smart home market, recording 8 billion U.S. dollars. Following closely behind is China with 3.3 billion U.S. dollars, while Finland is trailing the ranking with 30.61 million U.S. dollars, resulting in a difference of 8 billion U.S. dollars to the ranking leader, the United States.
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). Smart Home revenue forecast for selected countries in the segment Control and Connectivity 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/forecasts/887777/smart-home-revenue-for-selected-countries-in-the-segment-control-and-connectivity
Statista. "Smart Home revenue forecast for selected countries in the segment Control and Connectivity 2022 (in million U.S. dollars)." Chart. September 25, 2023. Statista. Accessed December 31, 2024. https://www.statista.com/forecasts/887777/smart-home-revenue-for-selected-countries-in-the-segment-control-and-connectivity
Statista. (2023). Smart Home revenue forecast for selected countries in the segment Control and Connectivity 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/forecasts/887777/smart-home-revenue-for-selected-countries-in-the-segment-control-and-connectivity
Statista. "Smart Home Revenue Forecast for Selected Countries in The Segment Control and Connectivity 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/forecasts/887777/smart-home-revenue-for-selected-countries-in-the-segment-control-and-connectivity
Statista, Smart Home revenue forecast for selected countries in the segment Control and Connectivity 2022 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/887777/smart-home-revenue-for-selected-countries-in-the-segment-control-and-connectivity (last visited December 31, 2024)
Smart Home revenue forecast for selected countries in the segment Control and Connectivity 2022 (in million U.S. dollars) [Graph], Statista, September 25, 2023. [Online]. Available: https://www.statista.com/forecasts/887777/smart-home-revenue-for-selected-countries-in-the-segment-control-and-connectivity
