Smart home device sales by type worldwide 2017-2018

In 2018, it was estimated that smart home device sales would reach over 800 million units, an increase of over 100 million from the year before. Home automation devices have the capabilities to interconnect with each other via internet and to control lighting, climate, and appliances.

Increase in use of smart speakers

Smart speakers are some of the most frequently purchased smart home devices and reached a sales revenue of around eight billion U.S. dollars in 2018. The most frequently purchased smart speaker brands include Amazon, Google, and Alibaba. A smart speaker is a device that can not only play music, but also provide answers from verbally introduced questions, and even control other smart home devices via a built-in virtual assistant feature.

Siri, where are my keys?

As of May 2019, voice assistants support over 90,000 smart home devices, mostly through the platform of Amazon Alexa and Google Assistant. In the case of smart speakers, the assistant has the ability to respond to an array of verbal prompts, with Google’s Home and Apple’s HomePod having the strongest performances.