The global market for smart and connected homes is predicted to grow from 158 billion U.S. dollars in 2019 to 262 billion U.S. dollars in revenue by 2025. As time progresses, many more devices at home are connected with the help of the Internet of Things leading to smarter homes and lifestyles.
Smart and connected home market revenue worldwide in 2019 and forecast for 2025
(in billion U.S. dollars)
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CABA. (May 19, 2021). Smart and connected home market revenue worldwide in 2019 and forecast for 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1239626/smart-home-market-revenue-worldwide/
CABA. "Smart and connected home market revenue worldwide in 2019 and forecast for 2025 (in billion U.S. dollars)." Chart. May 19, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1239626/smart-home-market-revenue-worldwide/
CABA. (2021). Smart and connected home market revenue worldwide in 2019 and forecast for 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1239626/smart-home-market-revenue-worldwide/
CABA. "Smart and Connected Home Market Revenue Worldwide in 2019 and Forecast for 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 May 2021, https://www.statista.com/statistics/1239626/smart-home-market-revenue-worldwide/
CABA, Smart and connected home market revenue worldwide in 2019 and forecast for 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1239626/smart-home-market-revenue-worldwide/ (last visited December 22, 2024)
Smart and connected home market revenue worldwide in 2019 and forecast for 2025 (in billion U.S. dollars) [Graph], CABA, May 19, 2021. [Online]. Available: https://www.statista.com/statistics/1239626/smart-home-market-revenue-worldwide/