Value added applications is projected to yield the greatest revenue in the North American smart home market. By 2023, smart home value added application and services, such as asset management, energy management, etc. are projected to bring in about 43.6 billion U.S. dollars in revenue in North America.
Smart home market revenue in North America from 2018 to 2023, by category**
(in billion U.S. dollars)
**Enablement(connectivity and computing components); network services (cost of data transmission and network management); system applications (middleware services); and value-added services.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
CABA. (March 1, 2019). Smart home market revenue in North America from 2018 to 2023, by category** (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/1076383/north-america-revenue-smart-home-market-category/
CABA. "Smart home market revenue in North America from 2018 to 2023, by category** (in billion U.S. dollars)." Chart. March 1, 2019. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/1076383/north-america-revenue-smart-home-market-category/
CABA. (2019). Smart home market revenue in North America from 2018 to 2023, by category** (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/1076383/north-america-revenue-smart-home-market-category/
CABA. "Smart Home Market Revenue in North America from 2018 to 2023, by Category** (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2019, https://www.statista.com/statistics/1076383/north-america-revenue-smart-home-market-category/
CABA, Smart home market revenue in North America from 2018 to 2023, by category** (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1076383/north-america-revenue-smart-home-market-category/ (last visited November 10, 2024)
Smart home market revenue in North America from 2018 to 2023, by category** (in billion U.S. dollars) [Graph], CABA, March 1, 2019. [Online]. Available: https://www.statista.com/statistics/1076383/north-america-revenue-smart-home-market-category/