The statistic shows the consumer spending on smart home devices worldwide from 2019 to 2027. In 2022, due to the economic recession caused by the Russian-Ukrainian war, consumer spending on smart home devices were valued at 127 billion U.S. dollars. However, consumer spending is expected to exceed 200 billion U.S. dollars by 2027.
Consumer spending on smart home related devices worldwide from 2019 to 2027
(in billion U.S. dollars)
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Strategy Analytics. (June 22, 2022). Consumer spending on smart home related devices worldwide from 2019 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/873607/worldwide-smart-home-annual-device-sales/
Strategy Analytics. "Consumer spending on smart home related devices worldwide from 2019 to 2027 (in billion U.S. dollars)." Chart. June 22, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/873607/worldwide-smart-home-annual-device-sales/
Strategy Analytics. (2022). Consumer spending on smart home related devices worldwide from 2019 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/873607/worldwide-smart-home-annual-device-sales/
Strategy Analytics. "Consumer Spending on Smart Home Related Devices Worldwide from 2019 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jun 2022, https://www.statista.com/statistics/873607/worldwide-smart-home-annual-device-sales/
Strategy Analytics, Consumer spending on smart home related devices worldwide from 2019 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/873607/worldwide-smart-home-annual-device-sales/ (last visited December 22, 2024)
Consumer spending on smart home related devices worldwide from 2019 to 2027 (in billion U.S. dollars) [Graph], Strategy Analytics, June 22, 2022. [Online]. Available: https://www.statista.com/statistics/873607/worldwide-smart-home-annual-device-sales/