Definition:
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.
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.
Structure:
Smart Home is segmented into six main markets:
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 Samsung, LG, Amazon, Google, Ring, and Bosch, 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.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
The Smart Home market in Poland is experiencing a steady growth trajectory driven by increasing customer preferences for convenience, energy efficiency, and security in residential settings.
Customer preferences: Polish consumers are increasingly seeking smart home solutions that offer convenience and efficiency in their daily lives. The demand for smart devices that can be controlled remotely via smartphones or voice assistants is on the rise as individuals look for ways to simplify household tasks and improve overall comfort. Additionally, there is a growing interest in smart home security systems that provide real-time monitoring and alerts, enhancing the safety of residential properties.
Trends in the market: One notable trend in the Smart Home market in Poland is the integration of artificial intelligence and machine learning technologies into smart devices. This allows for greater customization and automation of home environments based on individual preferences and behavioral patterns. Moreover, the market is witnessing a proliferation of smart appliances and gadgets that are designed to optimize energy usage and reduce utility costs for consumers.
Local special circumstances: In Poland, the Smart Home market is influenced by the country's rapidly expanding infrastructure for high-speed internet connectivity. The availability of reliable internet services enables seamless communication and data transfer between smart devices, fostering the growth of interconnected home ecosystems. Furthermore, government initiatives promoting energy efficiency and sustainable living are encouraging the adoption of smart home solutions among Polish households.
Underlying macroeconomic factors: The growing disposable income levels and improving standard of living in Poland are contributing to the increasing adoption of smart home technologies. As consumers become more tech-savvy and value convenience in their daily routines, the Smart Home market is poised for further expansion. Additionally, the competitive landscape among smart home device manufacturers and service providers is driving innovation and pushing prices down, making such technologies more accessible to a broader segment of the population.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights