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.
Smart home device sales/shipments worldwide in 2017 and 2018, by category
(in million units)
Characteristic
Smart speakers
Home security cameras
Connected smoke detectors
Smart light bulbs
Smart home gateways and hubs
Smart door locks
Other smart home devices (including sensors and detectors, smart switches and plugs, thermostats, controllers, digital health and other devices)
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Strategy Analytics. (June 7, 2018). Smart home device sales/shipments worldwide in 2017 and 2018, by category (in million units) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/873539/worldwide-smart-home-annual-device-sales/
Strategy Analytics. "Smart home device sales/shipments worldwide in 2017 and 2018, by category (in million units)." Chart. June 7, 2018. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/873539/worldwide-smart-home-annual-device-sales/
Strategy Analytics. (2018). Smart home device sales/shipments worldwide in 2017 and 2018, by category (in million units). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/873539/worldwide-smart-home-annual-device-sales/
Strategy Analytics. "Smart Home Device Sales/Shipments Worldwide in 2017 and 2018, by Category (in Million Units)." Statista, Statista Inc., 7 Jun 2018, https://www.statista.com/statistics/873539/worldwide-smart-home-annual-device-sales/
Strategy Analytics, Smart home device sales/shipments worldwide in 2017 and 2018, by category (in million units) Statista, https://www.statista.com/statistics/873539/worldwide-smart-home-annual-device-sales/ (last visited September 01, 2024)
Smart home device sales/shipments worldwide in 2017 and 2018, by category (in million units) [Graph], Strategy Analytics, June 7, 2018. [Online]. Available: https://www.statista.com/statistics/873539/worldwide-smart-home-annual-device-sales/