In 2028, the revenue change is forecast to significantly decrease in all segments compared to the previous time point. Comparing the six different segments for the year 2028, the segment 'Comfort & Lighting' leads the ranking with 10.69 percent. Contrastingly, 'Home Entertainment' is ranked last, with 4.59 percent. Their difference, compared to Comfort & Lighting, lies at 6.1 percentage points.
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Revenue growth in the smart home market in the United Kingdom (UK) from 2021 to 2028, by segment
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Data provided by Statista Market Insights are estimates.
The Smart Home market constitutes the sale of networked devices and related services that enable home automation for private end users (B2C). Considered are devices that are connected directly or indirectly via a so-called gateway to the Internet. Their main purposes are the control, monitoring and regulation of functions in a private household.
The remote control and monitoring of individual devices and, if applicable, their direct communication with one another (Internet of Things), is an essential component of intelligent home automation. Therefore, services which are necessary for the maintenance or control of the household network are also considered, e.g. subscription fees for control apps or external monitoring services.
Devices whose primary function is not the automation or remote control of household equipment, e.g. smartphones and tablets, are not included here. Similarly, devices that relate to household connection and remote control only to a limited extent, such as smart TVs, are not included either.
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Statista. (September 25, 2023). Revenue growth in the smart home market in the United Kingdom (UK) from 2021 to 2028, by segment [Graph]. In Statista. Retrieved February 23, 2025, from https://www.statista.com/statistics/528014/home-automation-smart-home-revenue-growth-digital-market-outlook-uk/
Statista. "Revenue growth in the smart home market in the United Kingdom (UK) from 2021 to 2028, by segment." Chart. September 25, 2023. Statista. Accessed February 23, 2025. https://www.statista.com/statistics/528014/home-automation-smart-home-revenue-growth-digital-market-outlook-uk/
Statista. (2023). Revenue growth in the smart home market in the United Kingdom (UK) from 2021 to 2028, by segment. Statista. Statista Inc.. Accessed: February 23, 2025. https://www.statista.com/statistics/528014/home-automation-smart-home-revenue-growth-digital-market-outlook-uk/
Statista. "Revenue Growth in The Smart Home Market in The United Kingdom (Uk) from 2021 to 2028, by Segment." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/statistics/528014/home-automation-smart-home-revenue-growth-digital-market-outlook-uk/
Statista, Revenue growth in the smart home market in the United Kingdom (UK) from 2021 to 2028, by segment Statista, https://www.statista.com/statistics/528014/home-automation-smart-home-revenue-growth-digital-market-outlook-uk/ (last visited February 23, 2025)
Revenue growth in the smart home market in the United Kingdom (UK) from 2021 to 2028, by segment [Graph], Statista, September 25, 2023. [Online]. Available: https://www.statista.com/statistics/528014/home-automation-smart-home-revenue-growth-digital-market-outlook-uk/
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