The United States is leading the ranking by revenue in the 'Energy Management' segment of the smart home market, recording 2.3 billion U.S. dollars. Following closely behind is China with 1 billion U.S. dollars, while Turkey is trailing the ranking with 26.79 million U.S. dollars, resulting in a difference of 2.3 billion U.S. dollars to the ranking leader, the United States.
Data provided by Statista Market Insights are estimates.
The Smart Home market Energy Management covers the sale of products and services for the control and reduction of energy consumption (e.g. automated heating control and timers) as well as connected sensors (e.g. temperature, sunlight, and precipitation sensors). Networked light bulbs (see Comfort & Lighting) and smart sockets/plugs (see Control & Connectivity) are not included. Unlike in previous releases, smart plugs are no longer part of this segment but can now be found in the Control & Connectivity segment. Smart Meters are not part of our Smart Home market.
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Statista. (September 25, 2023). Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/forecasts/887785/smart-home-revenue-for-selected-countries-in-the-segment-energy-management
Statista. "Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars)." Chart. September 25, 2023. Statista. Accessed December 26, 2024. https://www.statista.com/forecasts/887785/smart-home-revenue-for-selected-countries-in-the-segment-energy-management
Statista. (2023). Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/forecasts/887785/smart-home-revenue-for-selected-countries-in-the-segment-energy-management
Statista. "Smart Home Revenue Forecast for Selected Countries in The Segment Energy Management 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/forecasts/887785/smart-home-revenue-for-selected-countries-in-the-segment-energy-management
Statista, Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/887785/smart-home-revenue-for-selected-countries-in-the-segment-energy-management (last visited December 26, 2024)
Smart Home revenue forecast for selected countries in the segment Energy Management 2022 (in million U.S. dollars) [Graph], Statista, September 25, 2023. [Online]. Available: https://www.statista.com/forecasts/887785/smart-home-revenue-for-selected-countries-in-the-segment-energy-management
