Shipments of smart home devices worldwide 2018-2028, by category

The global shipment total for smart home devices reached around 892 million units in 2024, with 270 million of those coming from the video entertainment category alone. Of the specifically described types of devices, home monitoring/security is the section that is expected to grow the most between 2024 and 2028 at a CAGR of six percent. 

A man's home is his (well-watched) castle

Home monitoring and security devices include items such as video surveillance cameras and video doorbells. With strong product offerings such as Google's Nest and the Arlo Pro devices (Arlo is no longer a Netgear company), the number of users using smart home security devices worldwide has increased rapidly over the past years, and is set to continue increasing. Closely overlapping with home security cameras are video doorbells, a comparatively young smart home market expected to reach 1.4 billion U.S. dollars in spending by 2023.

What smart devices are in the "other" category?

The "other" category of smart home devices is another segment anticipated to reach high numbers of shipments. This section includes sensors and detectors, as well as smart switches and digital health devices. One reason this section of various devices could increase is that, as the smart home market grows, more devices that were previously not connected will be developed to have smart capabilities. For example, the use of robotic vacuum cleaners increased in recent years.