The U.S. smart home market is forecast to grow with a compound annual growth rate of 21.7 percent between 2019 and 2023, reaching around 62.7 billion U.S. dollars in revenue by 2023. Home entertainment devices will contribute the most to the revenue growth.
Smart home market revenue in the United States from 2018 to 2023
(in billion U.S. dollars)
Characteristic
Market revenue in billion U.S. dollars
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CABA. (March 1, 2019). Smart home market revenue in the United States from 2018 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1076352/united-states-revenue-smart-home-market/
CABA. "Smart home market revenue in the United States from 2018 to 2023 (in billion U.S. dollars)." Chart. March 1, 2019. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1076352/united-states-revenue-smart-home-market/
CABA. (2019). Smart home market revenue in the United States from 2018 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1076352/united-states-revenue-smart-home-market/
CABA. "Smart Home Market Revenue in The United States from 2018 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2019, https://www.statista.com/statistics/1076352/united-states-revenue-smart-home-market/
CABA, Smart home market revenue in the United States from 2018 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1076352/united-states-revenue-smart-home-market/ (last visited August 24, 2024)
Smart home market revenue in the United States from 2018 to 2023 (in billion U.S. dollars) [Graph], CABA, March 1, 2019. [Online]. Available: https://www.statista.com/statistics/1076352/united-states-revenue-smart-home-market/