Smart Appliances - CIS
CIS- In the year 2024, the projected revenue in the Smart Appliances market for the country in Commonwealth of Independent States (CIS) is expected to reach US$1.2bn.
- Looking ahead, this market is anticipated to show a steady annual growth rate (CAGR 2024-2028) of 10.12%.
- As a result, the projected market volume is estimated to reach US$1.7bn by the year 2028.
- In terms of household participation, the number of active households in the CIS region is expected to reach 13.3m users by 2028.
- This indicates a significant increase in household penetration, which is projected to rise from 5.6% in 2024 to 14.8% by 2028.
- Furthermore, the average revenue per installed Smart_Home in the CIS region is currently estimated to be US$244.90.
- When comparing the Smart Appliances market globally, it is worth noting that the majority of revenue is generated China.
- In the year 2024 alone, [globalrevenue_currentlayer_yeartoday_maxcountrynameprep]'s revenue in this segment is projected to reach US$17.0bn.
- Smart appliance adoption in the CIS region is on the rise, driven by the increasing demand for energy-efficient and connected home solutions.
The Smart Home market Smart Appliances includes connected versions of all kinds of household appliances. This includes large appliances (fridges, washing machines, ovens etc.) as well as small appliances (microwaves, coffee machines, vacuum and mowing robots etc.), provided they are connected to the internet. An indirect connection via a local network is also possible, as long as the remote access and control of the respective appliances via the connection is given.
In-Scope
- Directly or indirectly internet-controllable household appliances
- Large appliances such as fridges, washing machines, dish washers, ovens
- Small appliances such as coffee machines, vacuum and mowing robots, microwaves
Out-Of-Scope
- Any other smart home device (partially also referred to as “appliances”)
- Any non-connected household appliances
- B2B/C2C sales of any kind (e.g. to hotels or office buildings)
