Consumer spending on smart home related hardware will drop to $44 billion in 2020 from $52 billion in 2019 due to the economic downturn driven by widespread business shutdowns caused by COVID-19. However, spending will increase in 2021 to $62 billion and continue to grow at a 15% CAGR to $88 billion in 2025 accounting for 50% of total smart home spending. In 2025 smart bulbs will generate the largest volume of unit sales followed by electrical devices and smart appliance controllers. Electrical devices, in sum across all categories, already generate the most revenue and will continue to hold that position over the forecast period. Surveillance cameras will maintain their position in the number two spot in revenues through 2025. This semi-annual forecast data table presents Strategy Analytics' forecast and key planning assumptions for all devices sold into smart home applications for the period from 2012 to 2025.
The device forecasts for unit sales, annual spending and installed base are presented by country with regional and global totals.
Table of Contents
1. Title
2. Contents
3. The Story
4. Analysis
5. Global - Sales
6. Global - Installed Base
7. North America - Sales
8. North Amarica - Installed Base
9. US - Sales
10. US - Installed Base
11. Canada - Sales
12. Canada - Installed Base
13. Western Europe - Sales
14. Western Europe - Installed Base
15. France - Sales
16. France - Installed Base
17. Germany - Sales
18. Germany - Installed Base
19. Italy - Sales
20. Italy - Installed Base
21. Spain - Sales
22. Spain - Installed Base
23. UK - Sales
24. UK - Installed Base
25. Rest of Western Europe - Sales
26. Rest of Western Europe - Installed Base
27. Asia - Sales
28. Asia - Installed Base
29. China - Sales
30. China - Installed Base
31. Rest of Asia - Sales
32. Rest of Asia - Installed Base
33. Central and Eastern Europe - Sales
34. Central and Eastern Europe - Installed Base
35. Middle East and Africa - Sales
36. Middle East and Africa - Installed Base
37. Central and Latin America - Sales
38. Central and Latin America - Installed Base
39. Argentina Sales
40. Argentina Installed Base
41. Brazil Sales
42. Brazil Installed Base
43. Mexico Sales
44. Mexico Installed Base
45. Rest of Central and Latin America Sales
46. Rest of Central and Latin America Installed Base
39. Coverage
40. Definitions
41. Methodology
42. Contacts
43. Flat File
For Each Region or Country
Sales
Households
Growth Yr-over-Yr %
Fixed-Line Broadband Penetration
Growth Yr-over-Yr %
Fixed-Line Broadband Households (M)
Growth Yr-over-Yr %
Annual unit Sales and Spending for:
Gateway/Panel/Hubs
Programmable Communicating Thermostats (PCTs)
Surveillance Cameras
- Smart Switches -- Standard
- Smart Switches -- Dimmers
- Smart Sockets
- Smart Plugs
- Total Electrical Switches, Sockets & Smart Plugs
Smart Bulbs
Digitally Controlled Irrigation Controls
Digital Health Systems
Smart Appliance Controllers
Other Devices
Total Devices
Total Consumer Spending on Smart Devices Sold into Selected Smart Home Applications
(Excludes Smartphones, Tablets, Laptops and PCs)
(Excludes Rentals of Remote-enabled Entertainment Controllers)
TOTAL Global Device Unit Sales #M
For Each Region_Country
Installed Base
Total # HHs with Smart Systems
Total Number of People in Smart Homes
Average # Devices per Smart Home
Average # Devices per Person in Smart Homes
Population
Households
Average People per Household
Total Devices Connected in Smart Home Applications
(Excludes Smartphones, Tablets, Laptops and PCs)
Gateway/Panel/Hubs
Programmable Communicating Thermostats (PCTs)
Surveillance Cameras
- Entry-level ($50 or Less)
- Midrange ($51-$100)
- Premium ($101-$300)
- Pro-sumer ($301+)
- LTE Cameras
- Video Doorbell Cameras
Door/Window Sensors
Motion Detectors
Electronic Door Locks
Connected Smoke Detectors
Flood/Moisture Sensors
Electrical Switches, Sockets and Smart Plugs
- Smart Switches -- Standard
- Smart Switches -- Dimmers
- Smart Sockets
- Smart Plugs
- Total Electrical Switches, Sockets & Smart Plugs
Smart Bulbs
Digitally Controlled Irrigation Controls
Digital Health Systems
Smart Appliance Controllers
Other Devices
Total Devices Connected in Smart Home Applications