Smart appliances penetration Hungary 2029

The household penetration rate in the 'Smart Appliances' segment of the smart home market in Hungary was forecast to continuously increase between 2024 and 2029 by in total 5.5 percentage points. After the eleventh consecutive increasing year, the household penetration rate is estimated to reach 8.96 percent and therefore a new peak in 2029. Notably, the household penetration rate of the 'Smart Appliances' segment of the smart home market was continuously increasing over the past years.

Household penetration rate of smart appliances in Hungary from 2018 to 2029

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Smart Appliances market 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.

Additional Information:

The market comprises revenue, average revenue per smart home, number of smart homes so as the household penetration rate by smart home, and key players. Figures are generated through both online and offline sales channels and include exclusive spending by consumers (B2C). Market leaders include Irobot, LG, Samsung, Xiaomi, and other brands renowned for their innovation, brand recognition, and expansive distribution channels within their respective categories. For more information on the data displayed, use the info button right next to the boxes.

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