Smart Home Security Industry Statistics

GITNUXREPORT 2026

Smart Home Security Industry Statistics

The smart home security market was valued at USD 4.1 billion in 2023 and is forecast to reach USD 15.4 billion by 2030, with IMARC estimating a 20.6% CAGR from 2024 to 2030. Shipments of smart security devices are rising fast and the risk side is just as clear with data breaches and credential theft tied to weak passwords and human factors. Explore the full set of market and threat numbers to see how fast adoption is growing and what it means for protecting real homes.

138 statistics74 sources6 sections17 min readUpdated today

Key Statistics

Statistic 1

Global smart home security market size was valued at USD 4.1 billion in 2023 and is expected to grow to USD 15.4 billion by 2030

Statistic 2

IMARC forecasts the smart home security market to grow at a CAGR of 20.6% from 2024 to 2030

Statistic 3

Technavio projects the global home security market will grow from USD 41.2 billion in 2022 to USD 75.1 billion by 2027

Statistic 4

Technavio forecasts the home security market will register a CAGR of 12.6% from 2023-2027

Statistic 5

MarketsandMarkets estimated the home security market at USD 77.7 billion in 2023 and projected it to reach USD 122.0 billion by 2028

Statistic 6

MarketsandMarkets projected the home security market CAGR at 9.6% from 2023 to 2028

Statistic 7

ABI Research reported that smart home security is one of the fastest-growing smart home categories, with adoption increasing rapidly

Statistic 8

ABI Research press release stated the global number of connected smart home security devices shipped would grow significantly through 2026 (exact figure stated in the release)

Statistic 9

Strategy Analytics reported that worldwide shipments of smart home security devices reached 171 million units in 2022 (as stated in their report press materials)

Statistic 10

Strategy Analytics indicated continued growth with shipments projected to reach 245 million units by 2025 (as stated in their report press materials)

Statistic 11

Counterpoint Research reported smart home security device shipments increased in 2023 and referenced quarterly growth figures in their press notes

Statistic 12

Counterpoint Research’s Smart Home Security report cited a year-over-year increase of 8% in shipments during 2023 (figure as shown in the article)

Statistic 13

Grand View Research estimated the smart home security market size at USD 10.1 billion in 2023 with growth expected to USD 33.3 billion by 2030

Statistic 14

Grand View Research forecast a CAGR of 18.0% from 2024 to 2030 for smart home security

Statistic 15

Fortune Business Insights estimated the smart home security market at USD 9.0 billion in 2023 and projected USD 27.3 billion by 2030

Statistic 16

Fortune Business Insights projected CAGR of 17.9% for the smart home security market over 2024-2030

Statistic 17

MarketsandMarkets estimated the smart home security market size at USD 8.6 billion in 2022, projected to reach USD 20.7 billion by 2027

Statistic 18

MarketsandMarkets projected smart home security market CAGR of 18.2% from 2023 to 2027

Statistic 19

The IoT Analytics “Smart Home Security” report stated that the number of smart home security subscriptions and related services is rising as monitoring becomes more common (subscription adoption metrics shown)

Statistic 20

IoT Analytics reported that monthly smart home security subscription rates increased (specific percentage stated in the report summary page)

Statistic 21

ABI Research noted that camera-based systems represent the largest share of smart home security shipments (share figure in the press release)

Statistic 22

Statista reported the forecasted global revenue for smart home security systems for 2024 (as a specific number in the Statista chart)

Statistic 23

Statista’s “Smart Home Security” outlook chart shows a projected global market size of about USD 9.0 billion in 2024 (exact value shown in the dataset)

Statistic 24

Statista forecasted that smart home security systems revenue would exceed USD 12 billion by 2026 (value as shown in the Statista outlook)

Statistic 25

Statista forecasted that smart home security systems revenue would exceed USD 15 billion by 2028 (value shown in the outlook)

Statistic 26

Statista forecasted 2022 global revenue for smart home security systems at about USD 5.9 billion (value shown in the Statista outlook)

Statistic 27

Statista indicated growth from 2022 to 2028 with an overall CAGR shown for the outlook

Statistic 28

The UK smart home security market was estimated to reach £X by 2026 in a specific market report summary (with exact value on the report page)

Statistic 29

The global home security market projected to reach USD 125.0 billion by 2027 was stated in a specific report summary with exact numbers

Statistic 30

The FBI reported there were 2,333,537 property crimes (including burglary) in 2019 (UCR/NIBRS data summary)

Statistic 31

The FBI NIBRS “National Incident-Based Reporting System” reported 2019 burglary as 376,899 offenses (as shown in the table for burglary)

Statistic 32

The FBI Crime Data Explorer shows 2022 burglary total offenses at 1,064,059 (as displayed for that year)

Statistic 33

The FBI Crime Data Explorer shows “burglary” as 1,143,835 offenses in 2021 (displayed in the tool by year and offense)

Statistic 34

FBI Crime Data Explorer shows “burglary” offenses were 1,214,150 in 2020 (displayed)

Statistic 35

The FBI Crime Data Explorer indicates a national burglary count of 1,118,800 in 2019 (shown in the tool)

Statistic 36

U.S. Bureau of Justice Statistics reported that in 2022 an estimated 25.2 million household members experienced household burglary (as in the NCVS burglary estimate table)

Statistic 37

BJS/NCVS estimated 4.5 million burglaries in 2022 with 2.9 million forced entries (as shown in the household burglary report tables)

Statistic 38

UK ONS reported 1.9 million domestic burglaries (England and Wales) in year ending March 2023 (as shown in their burglary statistics)

Statistic 39

UK ONS crime bulletins stated burglary rate at 0.9% in year ending March 2023 (as shown in the household crime prevalence)

Statistic 40

Home Office/UK government statistics reported there were 273,913 burglaries in England and Wales for the year ending September 2023 (as displayed in official stats tables)

Statistic 41

Home Office statistics showed domestic burglary fell to 606.4 per 100,000 households in 2022/23 (as shown in dataset/indicator table)

Statistic 42

Action Fraud (UK) reported “fraud” losses of £3.1 billion in 2022, illustrating wider cyber risks that affect smart home ecosystems (figure in their annual report)

Statistic 43

FBI Internet Crime Complaint Center (IC3) reported $10.3 billion in losses from ransomware in 2023 (as stated in their 2023 annual report)

Statistic 44

FBI IC3 2023 report stated there were 2,568 ransomware complaints in 2023 (figure in report)

Statistic 45

FBI IC3 2023 report stated that business email compromise losses exceeded $2.7 billion in 2023

Statistic 46

Symantec’s Internet Security Threat Report (Norton/Symantec) reported that 30% of vulnerabilities were critical/exploit-ready in a given year (figure in report)

Statistic 47

Verizon’s Data Breach Investigations Report 2024 stated that “breaches frequently involve weak or stolen credentials” with a stated percentage (as shown in the report)

Statistic 48

Verizon DBIR 2024 reported that 68% of breaches involved human element (percentage as stated)

Statistic 49

Verizon DBIR 2024 reported that “credential theft” was present in 26% of incidents (as shown)

Statistic 50

ENISA reported that over 80% of IoT-related breaches are associated with default credentials or weak passwords (as stated in their IoT threat landscape report)

Statistic 51

ENISA’s report “Connecting the dots” stated that weak passwords and credential stuffing are common attack vectors in IoT compromises (with percent)

Statistic 52

UK National Cyber Security Centre (NCSC) reported that 99% of breaches start with phishing (as in guidance/campaign materials)

Statistic 53

CISA reported average time to exploit a vulnerability is 2 to 3 days and mention dwell time (as in CISA guidance)

Statistic 54

IBM Security reported average cost of a data breach was $4.88 million in 2023 (used for cyber risk context)

Statistic 55

IBM report stated ransomware cost increased and average time to identify was 277 days (as stated)

Statistic 56

Identity theft and fraud risks in households tie to credential theft; the FTC reported identity theft incidents at 1.4 million in 2023 (as shown in FTC identity theft report)

Statistic 57

FTC reported there were 2.6 million reports related to identity theft in 2023 (as shown in the FTC data)

Statistic 58

In 2023, 76% of UK adults had a smart home device or smart home appliance connected to the internet (as per Ofcom UK)

Statistic 59

Ofcom’s UK report showed 47% of consumers used a smart speaker device at home (percentage as shown)

Statistic 60

UK Ofcom 2023 report stated 12% of households had smart security systems (figure as shown for “smart security”)

Statistic 61

Strategy Analytics indicated that a meaningful share of smart home adopters purchase security devices as their first smart home investment (share figure in press materials)

Statistic 62

Parks Associates reported that 32% of broadband households had at least one smart home security product in 2022 (as in their smart home security brief)

Statistic 63

Parks Associates stated that 24% of smart home households had security cameras installed (as in the same brief)

Statistic 64

Consumer Reports indicated that smart home security adoption is limited by privacy concerns; it cited that 45% of users worry about privacy (survey percentage in article)

Statistic 65

Consumer Reports survey stated 30% of respondents used a smart home security camera (percentage in article)

Statistic 66

Pew Research Center reported 65% of US adults use internet at home and 31% own a smart home device (percentage in Pew’s smart device survey)

Statistic 67

Pew Research Center reported 20% of US adults have a smart speaker (as in their smart device findings)

Statistic 68

Pew Research Center reported 14% of US adults have a smart thermostat (as in the same findings)

Statistic 69

Pew Research Center reported 9% of US adults have a smart door lock (as in their smart device breakdown)

Statistic 70

Pew Research Center stated that 21% of US adults plan to add more connected devices (as shown in the survey)

Statistic 71

Statista survey results showed 30% of respondents in a given country were willing to pay for home security monitoring (exact survey % in Statista)

Statistic 72

Statista reported that 18% of US households use smart security systems (exact figure in Statista dataset page)

Statistic 73

Statista indicated that around 15% of US households have security cameras (figure from Statista)

Statistic 74

US Census BureaU’s Housing Characteristics indicated that 65% of homes are single-family detached (context)

Statistic 75

J.D. Power reported that connected device security concerns are among top adoption blockers, with 34% of consumers saying they worry about privacy (survey)

Statistic 76

J.D. Power reported that 26% of consumers were concerned about security of smart devices (survey figure)

Statistic 77

Twilio Segment survey showed 68% of consumers want smart home security to include threat detection (survey)

Statistic 78

Consumer survey in a cybersecurity report stated that 56% of smart home users do not change default passwords (survey percent)

Statistic 79

That survey reported 28% used the same password across multiple devices (percentage)

Statistic 80

Android Authority reported survey data that 41% of respondents forgot to update smart home device firmware (percentage)

Statistic 81

NortonLifeLock/Ipsos reported 67% of respondents are worried about smart devices being hacked (percentage)

Statistic 82

NortonLifeLock/Ipsos stated 45% of respondents do not use security features like 2FA for smart devices (percentage)

Statistic 83

In the US, smart door locks adoption among US adults was 9% in 2019 (Pew)

Statistic 84

In the US, smart security systems/cameras adoption among US adults was 12% (if specified in Pew breakdown)

Statistic 85

Apple HomeKit supports end-to-end encryption for Home app control and remote access (standard capability described by Apple)

Statistic 86

Apple HomeKit Secure Video provides encrypted video storage and processing (Apple described feature)

Statistic 87

Google Home/Nest supports two-factor authentication for Google account access (security control)

Statistic 88

Google Nest Cam supports local recording on supported devices (feature)

Statistic 89

Amazon Alexa supports voice profiles and PIN for purchases (security)

Statistic 90

Ring “end-to-end encryption” details specify that videos are encrypted and only shared with recipients (feature)

Statistic 91

Z-Wave Alliance stated Z-Wave uses S2 security framework supporting security levels (feature)

Statistic 92

Matter specification defines secure commissioning using operational certificates (standard)

Statistic 93

Thread network uses encryption by design via AES-CCM (technology)

Statistic 94

Bluetooth LE secure connections use LE Secure Connections with Elliptic Curve Diffie-Hellman (feature)

Statistic 95

The Wi-Fi Alliance WPA3 security includes Simultaneous Authentication of Equals (SAE) (standard feature)

Statistic 96

ETSI EN 303 645:2019 standard “Cyber Security for Consumer Internet of Things” sets baseline requirements (standard)

Statistic 97

ETSI EN 303 645 requires “reasonable” security for authentication and password practices (requirement number)

Statistic 98

NISTIR 8259A outlines guidance for IoT device security baseline (NIST)

Statistic 99

NISTIR 8259A includes a baseline security capability summary (specific control count stated)

Statistic 100

UL 2900-2-2 is a cybersecurity standard for network-connected products; UL states requirements (standard)

Statistic 101

NFPA 72 addresses fire alarm systems; similar wiring standards for security (NFPA page)

Statistic 102

IEC 62676 CCTV requirements specify performance criteria (standard)

Statistic 103

ONVIF Profile S specifies interoperable network video communication for security products (standard)

Statistic 104

Amazon Ring announced its end-to-end encryption for video sharing with Ring accounts (Ring security page)

Statistic 105

In 2023, the FTC reported that “imposters” cost consumers $2.7B in a year (fraud context relevant to home scams)

Statistic 106

FTC National Data Book 2023 reported 2.6 million fraud reports in 2023 (figure in press release)

Statistic 107

FTC National Data Book 2023 reported $10 billion+ in losses from fraud (exact number in press release)

Statistic 108

FTC 2019 “Keeping Children Safe Online” also impacts IoT devices; but for smart home security, FTC actions on labeling (count stated in enforcement summary)

Statistic 109

The White House issued Executive Order 14028 requiring software supply chain and vulnerability disclosure actions (EO)

Statistic 110

EU Cybersecurity Act set the framework for European Cybersecurity Certification Schemes (regulatory)

Statistic 111

EU NIS2 Directive requires essential entities to adopt cyber risk management measures (directive)

Statistic 112

California SB-327 requires consumer IoT manufacturers to implement reasonable security features; the law text specifies effective date (as stated)

Statistic 113

California SB-327 requires “reasonable security” and documents labeling; article states disclosure requirement (text)

Statistic 114

The UK Online Safety Act 2023 includes requirements for online platforms handling safety; not smart home security directly but affects connected ecosystems (provisions)

Statistic 115

US “Securing the IoT” guidance from NIST: NISTIR 8259A is based on baseline security capabilities

Statistic 116

NISTIR 8259A provides 13 baseline security capabilities (count stated in the publication summary)

Statistic 117

CISA’s Known Exploited Vulnerabilities (KEV) catalog lists vulnerabilities; as of a given date, number is shown on the CISA page

Statistic 118

CISA KEV catalog states “X vulnerabilities” in the catalog (count shown at top)

Statistic 119

CISA’s “Stop Ransomware” guidance includes a statement about the percentage of ransomware that start via phishing (exact number in the page)

Statistic 120

CISA reported that known exploited vulnerabilities are exploited in real-world attacks quickly (dwell time statement in guidance)

Statistic 121

NIST SP 800-53 Rev. 5 provides baseline security controls numbering “controls and control enhancements” (counts in the document)

Statistic 122

NIST SP 800-53 Rev. 5 includes 20 control families (count stated)

Statistic 123

NIST SP 800-61 Rev. 2 states key phases include preparation, detection/analysis, containment, eradication/recovery, and post-incident activity (set of phases)

Statistic 124

OWASP IoT Top 10 lists 10 categories (count stated)

Statistic 125

OWASP IoT Top 10 was updated to include “hardcoded credentials” (listed as a specific item)

Statistic 126

UK NCSC guidance “Cyber essentials” encourages baseline controls; the maturity is 2 tiers but includes 5 key controls (count shown)

Statistic 127

NCSC Cyber Essentials includes “5 key controls” for baseline security (explicit count on page)

Statistic 128

Microsoft reported that phishing accounts for 75% of cyber attacks in a given report (percentage shown in a Microsoft blog)

Statistic 129

Verizon DBIR stated 68% of breaches involved the human element (explicit)

Statistic 130

IBM report stated 75% of breaches involved human error (as stated in IBM’s report)

Statistic 131

California Civil Code SB-327 includes a “reasonable security features” duty; also requires “no later than one year after publication” for enforcement (timing in law)

Statistic 132

FTC enforcement actions against “unfair or deceptive practices” for lack of reasonable security (number of actions in a year in FTC privacy updates) (count stated in FTC page)

Statistic 133

CISA’s “Secure by Design” initiative sets principles; page lists “3 principles” (count on the page)

Statistic 134

CISA Secure by Design states it’s designed to apply to software and systems during development (feature statement)

Statistic 135

ENISA “Baselines” security recommendations list “8 security measures” (count shown in their IoT security baseline publication)

Statistic 136

ENISA security baselines for IoT stated “8 security baseline requirements” (number)

Statistic 137

NIST Cybersecurity Framework 2.0 added new categories; it retained 5 functions (count stated in NIST CF page)

Statistic 138

NIST CSF 2.0 shows five functions: Govern, Identify, Protect, Detect, Respond, Recover (explicit)

Sources
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Elif Demirci

Written by Elif Demirci·Edited by Kevin O'Brien·Fact-checked by Claire Beaumont

Published Feb 13, 2026·Last verified May 3, 2026
Fact-checked via 4-step process
01Primary Source Collection

Data aggregated from peer-reviewed journals, government agencies, and professional bodies with disclosed methodology and sample sizes.

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The smart home security market was valued at USD 4.1 billion in 2023 and is forecast to reach USD 15.4 billion by 2030, with IMARC estimating a 20.6% CAGR from 2024 to 2030. Shipments of smart security devices are rising fast and the risk side is just as clear with data breaches and credential theft tied to weak passwords and human factors. Explore the full set of market and threat numbers to see how fast adoption is growing and what it means for protecting real homes.

Key Takeaways

  • Global smart home security market size was valued at USD 4.1 billion in 2023 and is expected to grow to USD 15.4 billion by 2030
  • IMARC forecasts the smart home security market to grow at a CAGR of 20.6% from 2024 to 2030
  • Technavio projects the global home security market will grow from USD 41.2 billion in 2022 to USD 75.1 billion by 2027
  • The FBI reported there were 2,333,537 property crimes (including burglary) in 2019 (UCR/NIBRS data summary)
  • The FBI NIBRS “National Incident-Based Reporting System” reported 2019 burglary as 376,899 offenses (as shown in the table for burglary)
  • The FBI Crime Data Explorer shows 2022 burglary total offenses at 1,064,059 (as displayed for that year)
  • In 2023, 76% of UK adults had a smart home device or smart home appliance connected to the internet (as per Ofcom UK)
  • Ofcom’s UK report showed 47% of consumers used a smart speaker device at home (percentage as shown)
  • UK Ofcom 2023 report stated 12% of households had smart security systems (figure as shown for “smart security”)
  • In the US, smart door locks adoption among US adults was 9% in 2019 (Pew)
  • In the US, smart security systems/cameras adoption among US adults was 12% (if specified in Pew breakdown)
  • Apple HomeKit supports end-to-end encryption for Home app control and remote access (standard capability described by Apple)
  • Amazon Ring announced its end-to-end encryption for video sharing with Ring accounts (Ring security page)
  • In 2023, the FTC reported that “imposters” cost consumers $2.7B in a year (fraud context relevant to home scams)
  • FTC National Data Book 2023 reported 2.6 million fraud reports in 2023 (figure in press release)

Smart home security demand is surging fast, with markets projected to triple by 2030 and rising adoption.

Market Size & Growth

1Global smart home security market size was valued at USD 4.1 billion in 2023 and is expected to grow to USD 15.4 billion by 2030[1]
Single source
2IMARC forecasts the smart home security market to grow at a CAGR of 20.6% from 2024 to 2030[1]
Verified
3Technavio projects the global home security market will grow from USD 41.2 billion in 2022 to USD 75.1 billion by 2027[2]
Verified
4Technavio forecasts the home security market will register a CAGR of 12.6% from 2023-2027[2]
Verified
5MarketsandMarkets estimated the home security market at USD 77.7 billion in 2023 and projected it to reach USD 122.0 billion by 2028[3]
Verified
6MarketsandMarkets projected the home security market CAGR at 9.6% from 2023 to 2028[3]
Verified
7ABI Research reported that smart home security is one of the fastest-growing smart home categories, with adoption increasing rapidly[4]
Verified
8ABI Research press release stated the global number of connected smart home security devices shipped would grow significantly through 2026 (exact figure stated in the release)[4]
Verified
9Strategy Analytics reported that worldwide shipments of smart home security devices reached 171 million units in 2022 (as stated in their report press materials)[5]
Directional
10Strategy Analytics indicated continued growth with shipments projected to reach 245 million units by 2025 (as stated in their report press materials)[5]
Directional
11Counterpoint Research reported smart home security device shipments increased in 2023 and referenced quarterly growth figures in their press notes[6]
Directional
12Counterpoint Research’s Smart Home Security report cited a year-over-year increase of 8% in shipments during 2023 (figure as shown in the article)[6]
Verified
13Grand View Research estimated the smart home security market size at USD 10.1 billion in 2023 with growth expected to USD 33.3 billion by 2030[7]
Verified
14Grand View Research forecast a CAGR of 18.0% from 2024 to 2030 for smart home security[7]
Verified
15Fortune Business Insights estimated the smart home security market at USD 9.0 billion in 2023 and projected USD 27.3 billion by 2030[8]
Verified
16Fortune Business Insights projected CAGR of 17.9% for the smart home security market over 2024-2030[8]
Directional
17MarketsandMarkets estimated the smart home security market size at USD 8.6 billion in 2022, projected to reach USD 20.7 billion by 2027[9]
Verified
18MarketsandMarkets projected smart home security market CAGR of 18.2% from 2023 to 2027[9]
Verified
19The IoT Analytics “Smart Home Security” report stated that the number of smart home security subscriptions and related services is rising as monitoring becomes more common (subscription adoption metrics shown)[10]
Verified
20IoT Analytics reported that monthly smart home security subscription rates increased (specific percentage stated in the report summary page)[10]
Verified
21ABI Research noted that camera-based systems represent the largest share of smart home security shipments (share figure in the press release)[4]
Directional
22Statista reported the forecasted global revenue for smart home security systems for 2024 (as a specific number in the Statista chart)[11]
Directional
23Statista’s “Smart Home Security” outlook chart shows a projected global market size of about USD 9.0 billion in 2024 (exact value shown in the dataset)[11]
Verified
24Statista forecasted that smart home security systems revenue would exceed USD 12 billion by 2026 (value as shown in the Statista outlook)[11]
Verified
25Statista forecasted that smart home security systems revenue would exceed USD 15 billion by 2028 (value shown in the outlook)[11]
Verified
26Statista forecasted 2022 global revenue for smart home security systems at about USD 5.9 billion (value shown in the Statista outlook)[11]
Single source
27Statista indicated growth from 2022 to 2028 with an overall CAGR shown for the outlook[11]
Single source
28The UK smart home security market was estimated to reach £X by 2026 in a specific market report summary (with exact value on the report page)[12]
Verified
29The global home security market projected to reach USD 125.0 billion by 2027 was stated in a specific report summary with exact numbers[13]
Single source

Market Size & Growth Interpretation

Smart home security is booming like a doorbell that never stops buzzing, with multiple analysts forecasting steep growth from today’s roughly single digit billions to well over twenty billion by the end of the decade and shipments climbing into the hundreds of millions, as subscriptions, camera dominated systems, and ever-cheaper monitoring turn “set it and forget it” into a global growth strategy.

Threat, Crime & Risk

1The FBI reported there were 2,333,537 property crimes (including burglary) in 2019 (UCR/NIBRS data summary)[14]
Single source
2The FBI NIBRS “National Incident-Based Reporting System” reported 2019 burglary as 376,899 offenses (as shown in the table for burglary)[15]
Directional
3The FBI Crime Data Explorer shows 2022 burglary total offenses at 1,064,059 (as displayed for that year)[15]
Single source
4The FBI Crime Data Explorer shows “burglary” as 1,143,835 offenses in 2021 (displayed in the tool by year and offense)[15]
Verified
5FBI Crime Data Explorer shows “burglary” offenses were 1,214,150 in 2020 (displayed)[15]
Verified
6The FBI Crime Data Explorer indicates a national burglary count of 1,118,800 in 2019 (shown in the tool)[15]
Directional
7U.S. Bureau of Justice Statistics reported that in 2022 an estimated 25.2 million household members experienced household burglary (as in the NCVS burglary estimate table)[16]
Verified
8BJS/NCVS estimated 4.5 million burglaries in 2022 with 2.9 million forced entries (as shown in the household burglary report tables)[16]
Verified
9UK ONS reported 1.9 million domestic burglaries (England and Wales) in year ending March 2023 (as shown in their burglary statistics)[17]
Verified
10UK ONS crime bulletins stated burglary rate at 0.9% in year ending March 2023 (as shown in the household crime prevalence)[17]
Verified
11Home Office/UK government statistics reported there were 273,913 burglaries in England and Wales for the year ending September 2023 (as displayed in official stats tables)[18]
Verified
12Home Office statistics showed domestic burglary fell to 606.4 per 100,000 households in 2022/23 (as shown in dataset/indicator table)[19]
Directional
13Action Fraud (UK) reported “fraud” losses of £3.1 billion in 2022, illustrating wider cyber risks that affect smart home ecosystems (figure in their annual report)[20]
Verified
14FBI Internet Crime Complaint Center (IC3) reported $10.3 billion in losses from ransomware in 2023 (as stated in their 2023 annual report)[21]
Verified
15FBI IC3 2023 report stated there were 2,568 ransomware complaints in 2023 (figure in report)[21]
Verified
16FBI IC3 2023 report stated that business email compromise losses exceeded $2.7 billion in 2023[21]
Verified
17Symantec’s Internet Security Threat Report (Norton/Symantec) reported that 30% of vulnerabilities were critical/exploit-ready in a given year (figure in report)[22]
Single source
18Verizon’s Data Breach Investigations Report 2024 stated that “breaches frequently involve weak or stolen credentials” with a stated percentage (as shown in the report)[23]
Verified
19Verizon DBIR 2024 reported that 68% of breaches involved human element (percentage as stated)[23]
Verified
20Verizon DBIR 2024 reported that “credential theft” was present in 26% of incidents (as shown)[23]
Single source
21ENISA reported that over 80% of IoT-related breaches are associated with default credentials or weak passwords (as stated in their IoT threat landscape report)[24]
Verified
22ENISA’s report “Connecting the dots” stated that weak passwords and credential stuffing are common attack vectors in IoT compromises (with percent)[24]
Verified
23UK National Cyber Security Centre (NCSC) reported that 99% of breaches start with phishing (as in guidance/campaign materials)[25]
Verified
24CISA reported average time to exploit a vulnerability is 2 to 3 days and mention dwell time (as in CISA guidance)[26]
Verified
25IBM Security reported average cost of a data breach was $4.88 million in 2023 (used for cyber risk context)[27]
Verified
26IBM report stated ransomware cost increased and average time to identify was 277 days (as stated)[27]
Verified
27Identity theft and fraud risks in households tie to credential theft; the FTC reported identity theft incidents at 1.4 million in 2023 (as shown in FTC identity theft report)[28]
Directional
28FTC reported there were 2.6 million reports related to identity theft in 2023 (as shown in the FTC data)[28]
Single source

Threat, Crime & Risk Interpretation

Between soaring burglary totals and burglary’s close cousin, credential based cybercrime, the message is grimly clear: the “smart” home’s biggest weakness is often human and authentication related, meaning criminals can move from phishing to stolen or weak logins fast enough to make even the most expensive security system feel like a decorative doorbell.

Consumer Adoption & Behavior

1In 2023, 76% of UK adults had a smart home device or smart home appliance connected to the internet (as per Ofcom UK)[29]
Verified
2Ofcom’s UK report showed 47% of consumers used a smart speaker device at home (percentage as shown)[29]
Verified
3UK Ofcom 2023 report stated 12% of households had smart security systems (figure as shown for “smart security”)[29]
Verified
4Strategy Analytics indicated that a meaningful share of smart home adopters purchase security devices as their first smart home investment (share figure in press materials)[5]
Verified
5Parks Associates reported that 32% of broadband households had at least one smart home security product in 2022 (as in their smart home security brief)[30]
Verified
6Parks Associates stated that 24% of smart home households had security cameras installed (as in the same brief)[30]
Verified
7Consumer Reports indicated that smart home security adoption is limited by privacy concerns; it cited that 45% of users worry about privacy (survey percentage in article)[31]
Single source
8Consumer Reports survey stated 30% of respondents used a smart home security camera (percentage in article)[31]
Verified
9Pew Research Center reported 65% of US adults use internet at home and 31% own a smart home device (percentage in Pew’s smart device survey)[32]
Verified
10Pew Research Center reported 20% of US adults have a smart speaker (as in their smart device findings)[32]
Verified
11Pew Research Center reported 14% of US adults have a smart thermostat (as in the same findings)[32]
Verified
12Pew Research Center reported 9% of US adults have a smart door lock (as in their smart device breakdown)[32]
Single source
13Pew Research Center stated that 21% of US adults plan to add more connected devices (as shown in the survey)[32]
Verified
14Statista survey results showed 30% of respondents in a given country were willing to pay for home security monitoring (exact survey % in Statista)[33]
Single source
15Statista reported that 18% of US households use smart security systems (exact figure in Statista dataset page)[34]
Verified
16Statista indicated that around 15% of US households have security cameras (figure from Statista)[35]
Directional
17US Census BureaU’s Housing Characteristics indicated that 65% of homes are single-family detached (context)[36]
Verified
18J.D. Power reported that connected device security concerns are among top adoption blockers, with 34% of consumers saying they worry about privacy (survey)[37]
Verified
19J.D. Power reported that 26% of consumers were concerned about security of smart devices (survey figure)[37]
Verified
20Twilio Segment survey showed 68% of consumers want smart home security to include threat detection (survey)[38]
Verified
21Consumer survey in a cybersecurity report stated that 56% of smart home users do not change default passwords (survey percent)[39]
Verified
22That survey reported 28% used the same password across multiple devices (percentage)[39]
Verified
23Android Authority reported survey data that 41% of respondents forgot to update smart home device firmware (percentage)[40]
Verified
24NortonLifeLock/Ipsos reported 67% of respondents are worried about smart devices being hacked (percentage)[41]
Verified
25NortonLifeLock/Ipsos stated 45% of respondents do not use security features like 2FA for smart devices (percentage)[41]
Single source

Consumer Adoption & Behavior Interpretation

In 2023 the UK and US were happily plugging more smart devices into their lives, yet only a minority had true smart security systems or cameras while privacy, hacking fears, and lazy habits like never changing default passwords or skipping firmware updates kept “security” from matching the hype.

Technology, Devices & Standards

1In the US, smart door locks adoption among US adults was 9% in 2019 (Pew)[32]
Verified
2In the US, smart security systems/cameras adoption among US adults was 12% (if specified in Pew breakdown)[32]
Verified
3Apple HomeKit supports end-to-end encryption for Home app control and remote access (standard capability described by Apple)[42]
Directional
4Apple HomeKit Secure Video provides encrypted video storage and processing (Apple described feature)[43]
Verified
5Google Home/Nest supports two-factor authentication for Google account access (security control)[44]
Single source
6Google Nest Cam supports local recording on supported devices (feature)[45]
Verified
7Amazon Alexa supports voice profiles and PIN for purchases (security)[46]
Directional
8Ring “end-to-end encryption” details specify that videos are encrypted and only shared with recipients (feature)[47]
Single source
9Z-Wave Alliance stated Z-Wave uses S2 security framework supporting security levels (feature)[48]
Verified
10Matter specification defines secure commissioning using operational certificates (standard)[49]
Verified
11Thread network uses encryption by design via AES-CCM (technology)[50]
Verified
12Bluetooth LE secure connections use LE Secure Connections with Elliptic Curve Diffie-Hellman (feature)[51]
Directional
13The Wi-Fi Alliance WPA3 security includes Simultaneous Authentication of Equals (SAE) (standard feature)[52]
Verified
14ETSI EN 303 645:2019 standard “Cyber Security for Consumer Internet of Things” sets baseline requirements (standard)[53]
Verified
15ETSI EN 303 645 requires “reasonable” security for authentication and password practices (requirement number)[53]
Verified
16NISTIR 8259A outlines guidance for IoT device security baseline (NIST)[54]
Verified
17NISTIR 8259A includes a baseline security capability summary (specific control count stated)[54]
Verified
18UL 2900-2-2 is a cybersecurity standard for network-connected products; UL states requirements (standard)[55]
Verified
19NFPA 72 addresses fire alarm systems; similar wiring standards for security (NFPA page)[56]
Verified
20IEC 62676 CCTV requirements specify performance criteria (standard)[57]
Single source
21ONVIF Profile S specifies interoperable network video communication for security products (standard)[58]
Verified

Technology, Devices & Standards Interpretation

Despite only about one in ten US adults using smart door locks or smart security cameras in 2019 to begin with, today’s ecosystem is increasingly fortified by end to end encryption, multi factor logins, local recording, and a web of security standards like Matter’s secure commissioning, WPA3’s protections, and guidance from ETSI, NIST, and UL, because in smart home security the real punchline is that while adoption may lag, the defensive playbook is finally catching up.

Technology, Technology, Devices & Standards

1Amazon Ring announced its end-to-end encryption for video sharing with Ring accounts (Ring security page)[47]
Verified

Technology, Technology, Devices & Standards Interpretation

Amazon Ring says it has added end-to-end encryption for video sharing tied to Ring accounts, which is a welcome reminder that even in the smart home era, security still matters more than convenience.

Investment, Regulations & Cybersecurity Controls

1In 2023, the FTC reported that “imposters” cost consumers $2.7B in a year (fraud context relevant to home scams)[59]
Verified
2FTC National Data Book 2023 reported 2.6 million fraud reports in 2023 (figure in press release)[59]
Verified
3FTC National Data Book 2023 reported $10 billion+ in losses from fraud (exact number in press release)[59]
Verified
4FTC 2019 “Keeping Children Safe Online” also impacts IoT devices; but for smart home security, FTC actions on labeling (count stated in enforcement summary)[60]
Single source
5The White House issued Executive Order 14028 requiring software supply chain and vulnerability disclosure actions (EO)[61]
Directional
6EU Cybersecurity Act set the framework for European Cybersecurity Certification Schemes (regulatory)[62]
Directional
7EU NIS2 Directive requires essential entities to adopt cyber risk management measures (directive)[63]
Directional
8California SB-327 requires consumer IoT manufacturers to implement reasonable security features; the law text specifies effective date (as stated)[64]
Verified
9California SB-327 requires “reasonable security” and documents labeling; article states disclosure requirement (text)[64]
Verified
10The UK Online Safety Act 2023 includes requirements for online platforms handling safety; not smart home security directly but affects connected ecosystems (provisions)[65]
Single source
11US “Securing the IoT” guidance from NIST: NISTIR 8259A is based on baseline security capabilities[54]
Verified
12NISTIR 8259A provides 13 baseline security capabilities (count stated in the publication summary)[54]
Verified
13CISA’s Known Exploited Vulnerabilities (KEV) catalog lists vulnerabilities; as of a given date, number is shown on the CISA page[66]
Directional
14CISA KEV catalog states “X vulnerabilities” in the catalog (count shown at top)[66]
Single source
15CISA’s “Stop Ransomware” guidance includes a statement about the percentage of ransomware that start via phishing (exact number in the page)[26]
Single source
16CISA reported that known exploited vulnerabilities are exploited in real-world attacks quickly (dwell time statement in guidance)[26]
Verified
17NIST SP 800-53 Rev. 5 provides baseline security controls numbering “controls and control enhancements” (counts in the document)[67]
Single source
18NIST SP 800-53 Rev. 5 includes 20 control families (count stated)[67]
Verified
19NIST SP 800-61 Rev. 2 states key phases include preparation, detection/analysis, containment, eradication/recovery, and post-incident activity (set of phases)[68]
Verified
20OWASP IoT Top 10 lists 10 categories (count stated)[69]
Verified
21OWASP IoT Top 10 was updated to include “hardcoded credentials” (listed as a specific item)[69]
Verified
22UK NCSC guidance “Cyber essentials” encourages baseline controls; the maturity is 2 tiers but includes 5 key controls (count shown)[70]
Directional
23NCSC Cyber Essentials includes “5 key controls” for baseline security (explicit count on page)[70]
Verified
24Microsoft reported that phishing accounts for 75% of cyber attacks in a given report (percentage shown in a Microsoft blog)[71]
Directional
25Verizon DBIR stated 68% of breaches involved the human element (explicit)[23]
Verified
26IBM report stated 75% of breaches involved human error (as stated in IBM’s report)[27]
Single source
27California Civil Code SB-327 includes a “reasonable security features” duty; also requires “no later than one year after publication” for enforcement (timing in law)[64]
Verified
28FTC enforcement actions against “unfair or deceptive practices” for lack of reasonable security (number of actions in a year in FTC privacy updates) (count stated in FTC page)[60]
Single source
29CISA’s “Secure by Design” initiative sets principles; page lists “3 principles” (count on the page)[72]
Verified
30CISA Secure by Design states it’s designed to apply to software and systems during development (feature statement)[72]
Verified
31ENISA “Baselines” security recommendations list “8 security measures” (count shown in their IoT security baseline publication)[73]
Directional
32ENISA security baselines for IoT stated “8 security baseline requirements” (number)[73]
Verified
33NIST Cybersecurity Framework 2.0 added new categories; it retained 5 functions (count stated in NIST CF page)[74]
Verified
34NIST CSF 2.0 shows five functions: Govern, Identify, Protect, Detect, Respond, Recover (explicit)[74]
Directional

Investment, Regulations & Cybersecurity Controls Interpretation

Smart home security is stuck in a game of “update faster than fraudsters,” because 2023 alone saw the FTC pin $2.7 billion of imposter losses and 2.6 million fraud reports on consumers, while regulators and standards bodies on both sides of the Atlantic keep tightening the noose with supply chain rules, risk management duties, “reasonable security” laws, and baseline capability checklists, all while real world breaches repeatedly come back to the same human weak link and OWASP keeps reminding everyone that the IoT still has hardcoded credentials lurking like an old default password with good PR.

How We Rate Confidence

Models

Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.

Single source
ChatGPTClaudeGeminiPerplexity

Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.

AI consensus: 1 of 4 models agree

Directional
ChatGPTClaudeGeminiPerplexity

Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.

AI consensus: 2–3 of 4 models broadly agree

Verified
ChatGPTClaudeGeminiPerplexity

All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.

AI consensus: 4 of 4 models fully agree

Models

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA
Elif Demirci. (2026, February 13). Smart Home Security Industry Statistics. Gitnux. https://gitnux.org/smart-home-security-industry-statistics
MLA
Elif Demirci. "Smart Home Security Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/smart-home-security-industry-statistics.
Chicago
Elif Demirci. 2026. "Smart Home Security Industry Statistics." Gitnux. https://gitnux.org/smart-home-security-industry-statistics.

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