Global: smart home segment smart appliances revenue 2019-2028

The global revenue in the 'Smart Appliances' segment of the smart home market was forecast to continuously increase between 2023 and 2028 by in total 39.6 billion U.S. dollars (+75.43 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 92.2 billion U.S. dollars and therefore a new peak in 2028. Notably, the revenue of the 'Smart Appliances' segment of the smart home market was continuously increasing over the past years.

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Revenue of the smart home segment smart appliances worldwide from 2019 to 2028 (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

The Smart Home market Smart Appliances 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.

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