Smart Home - Kyrgyzstan

  • Kyrgyzstan
  • The projected revenue in the Smart Home market for Kyrgyzstan is expected to reach US$16.4m in 2024.
  • It is projected to show an annual growth rate (CAGR 2024-2028) of 12.54%, resulting in a projected market volume of US$26.3m by 2028.
  • By 2028, the number of active households in the Smart Home market is expected to amount to [users_currentlayer_yearend] in Kyrgyzstan.
  • The household penetration is anticipated to increase from 3.9% in 2024 to 6.5% by 2028.
  • Currently, the average revenue per installed Smart Home market is expected to be US$218.80 in Kyrgyzstan.
  • In a global comparison, it is worth noting that United States generates the most revenue in the Smart Home market, with US$38,800.0m in 2024.
  • The smart home market in Kyrgyzstan is experiencing rapid growth, driven by an increasing demand for energy-efficient and automated solutions in urban areas.

Key regions: United States, United Kingdom, Germany, Europe, Norway

 
Market
 
Region
 
Region comparison
 
Currency
 

Methodology

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 segment. 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 digital products and services 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 twice a year in case market dynamics change.

Overview

  • Revenue
  • Smart Homes
  • Key Players
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)