Control & Connectivity - Poland | Statista Market Forecast

Revenue in the Control & Connectivity market is projected to reach US$76.9m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 16.25%, resulting in a projected market volume of US$163.3m by 2029.
In the Control & Connectivity market, the number of active households is expected to amount to 1.3m users by 2029.
Household penetration will be 2.9% in 2024 and is expected to hit 9.1% by 2029.
The average revenue per installed Smart Home currently is expected to amount to US$184.30.

Definition:

The Control & Connectivity market 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.

Additional Information:

The market comprises revenue, average revenue per smart home, number of smart homes so as the household penetration rate by smart home, and key players. Figures are generated through both online and offline sales channels and include exclusive spending by consumers (B2C). Market leaders include Amazon and Google, renowned for their innovation, brand recognition, and expansive distribution channels within their respective categories. For more information on the data displayed, use the info button right next to the boxes.

Gateways/hubs that are capable of controlling devices of all segments (e.g., Smart Home Zigbee 3.0 Gateway Smik)
Smart speakers with a primary focus on control and digital assistants (e.g., Sonoro STREAM, Bose Smart Speaker 500)
Control buttons and smart plugs/sockets (e.g., TP-Link KE100 KIT, Aoycocr Wi-Fi Smart Socket)

Connected home appliances (see Smart Appliances)
Multiroom speaker systems with a primary focus on entertainment (see Home Entertainment)
Smartphones and tablets
B2B/C2C sales of any kind (e.g., to hotels or office buildings)

The Control & Connectivity market in Poland has been experiencing significant growth in recent years.

Customer preferences: Polish customers have shown a strong preference for advanced control and connectivity solutions. They are increasingly seeking products that offer seamless integration, enhanced functionality, and greater convenience. This is driven by the growing need for automation and connectivity in various industries, including manufacturing, healthcare, and transportation. Polish customers are also becoming more aware of the benefits of control and connectivity solutions, such as improved efficiency, cost savings, and enhanced safety.

Trends in the market: One of the key trends in the Control & Connectivity market in Poland is the increasing adoption of Internet of Things (IoT) technology. IoT enables devices and systems to connect and communicate with each other, allowing for greater control and automation. Polish businesses are leveraging IoT technology to optimize their operations, improve productivity, and enhance customer experiences. This trend is expected to continue driving the growth of the Control & Connectivity market in Poland. Another trend in the market is the rising demand for wireless control and connectivity solutions. Polish customers are increasingly looking for wireless options that offer flexibility and ease of installation. This is particularly relevant in industrial settings, where the use of wireless control and connectivity solutions can eliminate the need for complex wiring and enable remote monitoring and control. The demand for wireless solutions is expected to drive the growth of the market in the coming years.

Local special circumstances: Poland has a strong manufacturing sector, which is a key driver of the Control & Connectivity market. The country is known for its production of machinery, automotive components, and electronics. As Polish manufacturers strive to improve efficiency and competitiveness, they are investing in advanced control and connectivity solutions. This creates a favorable environment for the growth of the Control & Connectivity market in Poland.

Underlying macroeconomic factors: The growth of the Control & Connectivity market in Poland is also influenced by macroeconomic factors. Poland has experienced steady economic growth in recent years, which has led to increased investment in various sectors. This has created opportunities for companies operating in the Control & Connectivity market to expand their operations and reach new customers. Additionally, favorable government policies and initiatives to promote digitalization and automation have further fueled the growth of the market. In conclusion, the Control & Connectivity market in Poland is witnessing significant growth due to customer preferences for advanced solutions, such as IoT technology and wireless connectivity. The strong manufacturing sector and favorable macroeconomic factors also contribute to the growth of the market. As the demand for control and connectivity solutions continues to rise, companies operating in this market are well-positioned to capitalize on the opportunities in Poland.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the sales of smart home products, excluding taxes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market category. As a basis for evaluating markets, we use the Statista Global Consumer Survey, market data from independent databases and third-party sources, and Statista interviews with market experts. In addition, we use relevant key market indicators and data from country-specific associations, such as household internet penetration and consumer spending for households. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting innovative products due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward smart home integration.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated once a year, in case market dynamics change we do more frequent updates.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

Smart homes use connected devices and appliances to perform actions, tasks, and automated routines to save money, time, and energy. They are the ongoing revolution of the humble home appliance mixed with AI, robotics, and improvement in IoT technologies. AI in particular, speeding up response times and working as an automation bridge between homeowner and home is already having an impact.