Smart home device shipments worldwide 2020-2025
In 2020, the total number of smart home device ahipments worldwide reached 349 million and is expected to increase strongly in the next few years, amounting to 1.77 billion shipments in 2025.
The smart home device market includes four primary segments: Smart Home Automation, which allows for remote or automatic control and monitoring of home features. These include smart thermostats, light bulbs, and locks. Smart Metering devices are utility meters with a data connection to relay meter readings and allow for monitoring of consumptions and cost. Smart Appliances are large ‘white goods’ products that utilize data connections and other technology to provide additional functions and services to the user. These include connected fridges, freezers, air conditioning units, washing machines, kettles and other household devices, such as robots that perform domestic functions. Lastly, Smart Entertainment devices are intended to provide a leisure function to the end-user and include smart speakers, connected TVs, voice-controlled displays, connected media players and the like.
The smart home device market includes four primary segments: Smart Home Automation, which allows for remote or automatic control and monitoring of home features. These include smart thermostats, light bulbs, and locks. Smart Metering devices are utility meters with a data connection to relay meter readings and allow for monitoring of consumptions and cost. Smart Appliances are large ‘white goods’ products that utilize data connections and other technology to provide additional functions and services to the user. These include connected fridges, freezers, air conditioning units, washing machines, kettles and other household devices, such as robots that perform domestic functions. Lastly, Smart Entertainment devices are intended to provide a leisure function to the end-user and include smart speakers, connected TVs, voice-controlled displays, connected media players and the like.
