GITNUX MARKETDATA REPORT 2024

Smart Home Statistics: Market Report & Data

Statistic 1

"By 2025, the global smart home market is projected to reach more than $135 billion."

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Statistic 2

"As of 2021, 11% of households worldwide have smart home systems."

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Statistic 3

"54% of U.S. homeowners agree that they would install smart home products if they were selling their home and knew that doing so would make it sell faster."

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Statistic 4

"Nearly 34% of Americans say they are likely to buy at least one smart home product in the next year."

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Statistic 5

"Among smart home device owners, security is the biggest motivator for purchase, with 37% indicating this is their primary reason."

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Statistic 6

"Smart speakers are the most common type of smart home device, used by 35.6% of all smart homes."

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Statistic 7

"As of 2020, nearly one-third of U.S. adults own a smart home security product."

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Statistic 8

"By 2025, the average North American home is expected to have approximately 20 connected devices."

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Statistic 9

"Close to 67% of all U.S. homes have at least one type of smart home technology."

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Statistic 10

"The smart home market could potentially reduce energy costs by up to 10% worldwide."

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