New Report Shows The Global Smart Home Market is currently growing 95%, Driven By Voice-enabled Home Gateways and New Smart Appliances

PRESS RELEASE Hamburg, Germany – December 4, 2017 //

IoT Analytics, a leading provider of market insights and strategic business intelligence for the Internet of Things (IoT), just released its global Smart Home Market Overview 2017. The publication includes the following:

  • FREE Report: State of the Smart Home Market 2017 (15-page market overview)
  • Paid Database: Smart Home Market Tracker 2017 (176 data sets by vendor, country, segment with monthly data from 09/2014 – 08/2017)

The data reveals that the Smart Home market has grown 95% between Q2/2016 and Q2/2017, reaching a quarterly revenue of $3.3B in Q2/2017 ($11.4B over the last 12 months). The United States currently make up almost 50% of global Smart Home revenue, followed by South Korea ($283M), Germany ($201M) and the UK ($184M). Further data sets are available Australia, Brazil, Canada, China, France, Japan and the Netherlands.

Smart Home Gateways sold for an aggregated $802M in Q2/2017, making it the largest out of the 8 segments analyzed. Gateways also continue to outgrow the overall Smart Home Market due to fast adoption of voice-enabled home assistants such as Amazon Echo and Google Home. Appliances ($646M in Q2/2017), however, remain the fastest growing segment at 349% growth yoy, driven by a technology push of the South Korean manufacturers LG and Samsung. The other segments analyzed are Speakers ($733M), Security Systems ($724M), Thermostats ($218), Lighting ($101), Outlets & Switches ($32M), and Smoke Detectors ($17M).

The comprehensive Market Tracker includes data on 205 Smart Home device manufacturers across 8 different home automation segments. The enterprise premium version of the database consists of 176 different data views (for more information see Appendix below). It grants insights into each company’s monthly unit sales and revenue figures from September 2014 to August 2017 globally and by country. The Market Model is largely based on granular app economy data provided by IoT Analytics’ partner Priori Data.

IoT Analytics put together the most relevant aggregate information to create a FREE 15-page report State of the Smart Home Market 2017 including a general view of the top countries, top segments, top market movers and top rated apps.

Commenting on the publication, Knud Lasse Lueth, Managing Director at IoT Analytics, said: “Consumer IoT adoption has been somewhat behind expectations in the past years, mainly due to slow adoption of wearables such as fitness trackers and smart watches. Smart Home devices have also lagged behind forecasts. However, our data shows that the tides might be turning. It was Google’s acquisition of Nest’s Smart Smoke Alarm in 2015 that got this market dreaming. Today it looks as though it is the Amazon Echo as well as smart appliances such as fridges, washing machines, and ovens that are driving the smart household demand.”

Further insights into each segment and vendor market share can be found in the free report on the state of the smart home market HERE. The detailed monthly data can be purchased HERE.

Companies included in the Smart Home Market Tracker (selection only):

Alarm.com, Amazon, Belkin, Bosch, Bose, D-Link, Ecobee, Elgato, Google, Hive, Honeywell, LG, Mipow, Nest, Netgear, Osram, Philips, Ring, Samsung, Sonos, TP-Link, Xiaomi and many others…

Available data views:

  1. Smart Home Gateway Unit Sales – Global – Monthly – By Vendor (09/2014 – 08/2017)
  2. Smart Home Gateway Revenue – Global – Monthly – By Vendor (09/2014 – 08/2017)
  3. Smart Home Speakers Unit Sales – Global – Monthly – By Vendor (09/2014 – 08/2017)
  4. Smart Home Speakers Revenue – Global – Monthly – By Vendor (09/2014 – 08/2017)
  5. Smart Home Appliances Unit Sales – Global – Monthly – By Vendor (09/2014 – 08/2017)
  6. Smart Home Appliances Revenue – Global – Monthly – By Vendor (09/2014 – 08/2017)
  7. Smart Home Security Systems Unit Sales – Global – Monthly – By Vendor (09/2014 – 08/2017)
  8. Smart Home Security Systems Revenue – Global – Monthly – By Vendor (09/2014 – 08/2017)
  9. Smart Home Thermostats Unit Sales – Global – Monthly – By Vendor (09/2014 – 08/2017)
  10. Smart Home Thermostats Revenue – Global – Monthly – By Vendor (09/2014 – 08/2017)
  11. Smart Home Lighting Unit Sales – Global – Monthly – By Vendor (09/2014 – 08/2017)
  12. Smart Home Lighting Revenue – Global – Monthly – By Vendor (09/2014 – 08/2017)
  13. Smart Home Outlets&Switches Unit Sales – Global – Monthly – By Vendor (09/2014 – 08/2017)
  14. Smart Home Outlets&Switches Revenue – Global – Monthly – By Vendor (09/2014 – 08/2017)
  15. Smart Home Smoke Detectors Unit Sales – Global – Monthly – By Vendor (09/2014 – 08/2017)
  16. Smart Home Smoke Detectors Revenue – Global – Monthly – By Vendor (09/2014 – 08/2017)
  17. Smart Home Gateway Unit Sales – United States – Monthly – By Vendor (09/2014 – 08/2017)
  18. Smart Home Gateway Revenue – United States – Monthly – By Vendor (09/2014 – 08/2017)
  19. Smart Home Speakers Unit Sales – United States – Monthly – By Vendor (09/2014 – 08/2017)
  20. Smart Home Speakers Revenue – United States – Monthly – By Vendor (09/2014 – 08/2017)
  21. Smart Home Appliances Unit Sales – United States – Monthly – By Vendor (09/2014 – 08/2017)
  22. Smart Home Appliances Revenue – United States – Monthly – By Vendor (09/2014 – 08/2017)
  23. Smart Home Security Systems Unit Sales – United States – Monthly – By Vendor (09/2014 – 08/2017)
  24. Smart Home Security Systems Revenue – United States – Monthly – By Vendor (09/2014 – 08/2017)
  25. Smart Home Thermostats Unit Sales – United States – Monthly – By Vendor (09/2014 – 08/2017)
  26. Smart Home Thermostats Revenue – United States – Monthly – By Vendor (09/2014 – 08/2017)
  27. Smart Home Lighting Unit Sales – United States – Monthly – By Vendor (09/2014 – 08/2017)
  28. Smart Home Lighting Revenue – United States – Monthly – By Vendor (09/2014 – 08/2017)
  29. Smart Home Outlets&Switches Unit Sales – United States – Monthly – By Vendor (09/2014 – 08/2017)
  30. Smart Home Outlets&Switches Revenue – United States – Monthly – By Vendor (09/2014 – 08/2017)
  31. Smart Home Smoke Detectors Unit Sales – United States – Monthly – By Vendor (09/2014 – 08/2017)
  32. Smart Home Smoke Detectors Revenue – United States – Monthly – By Vendor (09/2014 – 08/2017)
  33. Smart Home Gateway Unit Sales – UK – Monthly – By Vendor (09/2014 – 08/2017)
  34. Smart Home Gateway Revenue – UK – Monthly – By Vendor (09/2014 – 08/2017)
  35. Smart Home Speakers Unit Sales – UK – Monthly – By Vendor (09/2014 – 08/2017)
  36. Smart Home Speakers Revenue – UK – Monthly – By Vendor (09/2014 – 08/2017)
  37. Smart Home Appliances Unit Sales – UK – Monthly – By Vendor (09/2014 – 08/2017)
  38. Smart Home Appliances Revenue – UK – Monthly – By Vendor (09/2014 – 08/2017)
  39. Smart Home Security Systems Unit Sales – UK – Monthly – By Vendor (09/2014 – 08/2017)
  40. Smart Home Security Systems Revenue – UK – Monthly – By Vendor (09/2014 – 08/2017)
  41. Smart Home Thermostats Unit Sales – UK – Monthly – By Vendor (09/2014 – 08/2017)
  42. Smart Home Thermostats Revenue – UK – Monthly – By Vendor (09/2014 – 08/2017)
  43. Smart Home Lighting Unit Sales – UK – Monthly – By Vendor (09/2014 – 08/2017)
  44. Smart Home Lighting Revenue – UK – Monthly – By Vendor (09/2014 – 08/2017)
  45. Smart Home Outlets&Switches Unit Sales – UK – Monthly – By Vendor (09/2014 – 08/2017)
  46. Smart Home Outlets&Switches Revenue – UK – Monthly – By Vendor (09/2014 – 08/2017)
  47. Smart Home Smoke Detectors Unit Sales – UK – Monthly – By Vendor (09/2014 – 08/2017)
  48. Smart Home Smoke Detectors Revenue – UK – Monthly – By Vendor (09/2014 – 08/2017)
  49. Smart Home Gateway Unit Sales – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  50. Smart Home Gateway Revenue – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  51. Smart Home Speakers Unit Sales – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  52. Smart Home Speakers Revenue – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  53. Smart Home Appliances Unit Sales – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  54. Smart Home Appliances Revenue – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  55. Smart Home Security Systems Unit Sales – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  56. Smart Home Security Systems Revenue – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  57. Smart Home Thermostats Unit Sales – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  58. Smart Home Thermostats Revenue – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  59. Smart Home Lighting Unit Sales – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  60. Smart Home Lighting Revenue – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  61. Smart Home Outlets&Switches Unit Sales – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  62. Smart Home Outlets&Switches Revenue – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  63. Smart Home Smoke Detectors Unit Sales – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  64. Smart Home Smoke Detectors Revenue – Germany – Monthly – By Vendor (09/2014 – 08/2017)
  65. Smart Home Gateway Unit Sales – China – Monthly – By Vendor (09/2014 – 08/2017)
  66. Smart Home Gateway Revenue – China – Monthly – By Vendor (09/2014 – 08/2017)
  67. Smart Home Speakers Unit Sales – China – Monthly – By Vendor (09/2014 – 08/2017)
  68. Smart Home Speakers Revenue – China – Monthly – By Vendor (09/2014 – 08/2017)
  69. Smart Home Appliances Unit Sales – China – Monthly – By Vendor (09/2014 – 08/2017)
  70. Smart Home Appliances Revenue – China – Monthly – By Vendor (09/2014 – 08/2017)
  71. Smart Home Security Systems Unit Sales – China – Monthly – By Vendor (09/2014 – 08/2017)
  72. Smart Home Security Systems Revenue – China – Monthly – By Vendor (09/2014 – 08/2017)
  73. Smart Home Thermostats Unit Sales – China – Monthly – By Vendor (09/2014 – 08/2017)
  74. Smart Home Thermostats Revenue – China – Monthly – By Vendor (09/2014 – 08/2017)
  75. Smart Home Lighting Unit Sales – China – Monthly – By Vendor (09/2014 – 08/2017)
  76. Smart Home Lighting Revenue – China – Monthly – By Vendor (09/2014 – 08/2017)
  77. Smart Home Outlets&Switches Unit Sales – China – Monthly – By Vendor (09/2014 – 08/2017)
  78. Smart Home Outlets&Switches Revenue – China – Monthly – By Vendor (09/2014 – 08/2017)
  79. Smart Home Smoke Detectors Unit Sales – China – Monthly – By Vendor (09/2014 – 08/2017)
  80. Smart Home Smoke Detectors Revenue – China – Monthly – By Vendor (09/2014 – 08/2017)
  81. Smart Home Gateway Unit Sales – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  82. Smart Home Gateway Revenue – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  83. Smart Home Speakers Unit Sales – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  84. Smart Home Speakers Revenue – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  85. Smart Home Appliances Unit Sales – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  86. Smart Home Appliances Revenue – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  87. Smart Home Security Systems Unit Sales – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  88. Smart Home Security Systems Revenue – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  89. Smart Home Thermostats Unit Sales – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  90. Smart Home Thermostats Revenue – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  91. Smart Home Lighting Unit Sales – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  92. Smart Home Lighting Revenue – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  93. Smart Home Outlets&Switches Unit Sales – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  94. Smart Home Outlets&Switches Revenue – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  95. Smart Home Smoke Detectors Unit Sales – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  96. Smart Home Smoke Detectors Revenue – Canada – Monthly – By Vendor (09/2014 – 08/2017)
  97. Smart Home Gateway Unit Sales – France – Monthly – By Vendor (09/2014 – 08/2017)
  98. Smart Home Gateway Revenue – France – Monthly – By Vendor (09/2014 – 08/2017)
  99. Smart Home Speakers Unit Sales – France – Monthly – By Vendor (09/2014 – 08/2017)
  100. Smart Home Speakers Revenue – France – Monthly – By Vendor (09/2014 – 08/2017)
  101. Smart Home Appliances Unit Sales – France – Monthly – By Vendor (09/2014 – 08/2017)
  102. Smart Home Appliances Revenue – France – Monthly – By Vendor (09/2014 – 08/2017)
  103. Smart Home Security Systems Unit Sales – France – Monthly – By Vendor (09/2014 – 08/2017)
  104. Smart Home Security Systems Revenue – France – Monthly – By Vendor (09/2014 – 08/2017)
  105. Smart Home Thermostats Unit Sales – France – Monthly – By Vendor (09/2014 – 08/2017)
  106. Smart Home Thermostats Revenue – France – Monthly – By Vendor (09/2014 – 08/2017)
  107. Smart Home Lighting Unit Sales – France – Monthly – By Vendor (09/2014 – 08/2017)
  108. Smart Home Lighting Revenue – France – Monthly – By Vendor (09/2014 – 08/2017)
  109. Smart Home Outlets&Switches Unit Sales – France – Monthly – By Vendor (09/2014 – 08/2017)
  110. Smart Home Outlets&Switches Revenue – France – Monthly – By Vendor (09/2014 – 08/2017)
  111. Smart Home Smoke Detectors Unit Sales – France – Monthly – By Vendor (09/2014 – 08/2017)
  112. Smart Home Smoke Detectors Revenue – France – Monthly – By Vendor (09/2014 – 08/2017)
  113. Smart Home Gateway Unit Sales – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  114. Smart Home Gateway Revenue – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  115. Smart Home Speakers Unit Sales – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  116. Smart Home Speakers Revenue – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  117. Smart Home Appliances Unit Sales – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  118. Smart Home Appliances Revenue – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  119. Smart Home Security Systems Unit Sales – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  120. Smart Home Security Systems Revenue – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  121. Smart Home Thermostats Unit Sales – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  122. Smart Home Thermostats Revenue – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  123. Smart Home Lighting Unit Sales – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  124. Smart Home Lighting Revenue – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  125. Smart Home Outlets&Switches Unit Sales – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  126. Smart Home Outlets&Switches Revenue – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  127. Smart Home Smoke Detectors Unit Sales – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  128. Smart Home Smoke Detectors Revenue – Korea – Monthly – By Vendor (09/2014 – 08/2017)
  129. Smart Home Gateway Unit Sales – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  130. Smart Home Gateway Revenue – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  131. Smart Home Speakers Unit Sales – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  132. Smart Home Speakers Revenue – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  133. Smart Home Appliances Unit Sales – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  134. Smart Home Appliances Revenue – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  135. Smart Home Security Systems Unit Sales – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  136. Smart Home Security Systems Revenue – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  137. Smart Home Thermostats Unit Sales – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  138. Smart Home Thermostats Revenue – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  139. Smart Home Lighting Unit Sales – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  140. Smart Home Lighting Revenue – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  141. Smart Home Outlets&Switches Unit Sales – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  142. Smart Home Outlets&Switches Revenue – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  143. Smart Home Smoke Detectors Unit Sales – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  144. Smart Home Smoke Detectors Revenue – Netherlands – Monthly – By Vendor (09/2014 – 08/2017)
  145. Smart Home Gateway Unit Sales – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  146. Smart Home Gateway Revenue – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  147. Smart Home Speakers Unit Sales – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  148. Smart Home Speakers Revenue – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  149. Smart Home Appliances Unit Sales – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  150. Smart Home Appliances Revenue – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  151. Smart Home Security Systems Unit Sales – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  152. Smart Home Security Systems Revenue – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  153. Smart Home Thermostats Unit Sales – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  154. Smart Home Thermostats Revenue – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  155. Smart Home Lighting Unit Sales – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  156. Smart Home Lighting Revenue – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  157. Smart Home Outlets&Switches Unit Sales – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  158. Smart Home Outlets&Switches Revenue – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  159. Smart Home Smoke Detectors Unit Sales – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  160. Smart Home Smoke Detectors Revenue – Australia – Monthly – By Vendor (09/2014 – 08/2017)
  161. Smart Home Gateway Unit Sales – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  162. Smart Home Gateway Revenue – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  163. Smart Home Speakers Unit Sales – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  164. Smart Home Speakers Revenue – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  165. Smart Home Appliances Unit Sales – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  166. Smart Home Appliances Revenue – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  167. Smart Home Security Systems Unit Sales – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  168. Smart Home Security Systems Revenue – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  169. Smart Home Thermostats Unit Sales – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  170. Smart Home Thermostats Revenue – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  171. Smart Home Lighting Unit Sales – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  172. Smart Home Lighting Revenue – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  173. Smart Home Outlets&Switches Unit Sales – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  174. Smart Home Outlets&Switches Revenue – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  175. Smart Home Smoke Detectors Unit Sales – Brazil – Monthly – By Vendor (09/2014 – 08/2017)
  176. Smart Home Smoke Detectors Revenue – Brazil – Monthly – By Vendor (09/2014 – 08/2017)

About IoT Analytics

IoT Analytics is the leading provider of market insights & competitive intelligence for the Internet of Things (IoT), M2M, and Industry 4.0. The specialized data-driven research firm helps more than 40,000 Internet of Things decision-makers understand IoT markets every month. IoT Analytics tracks important data around the IoT ecosystem such as M&A activity, Startup funding, company projects, use cases and latest developments. Product offerings include in-depth market reports, technical whitepapers, sponsored research, regular newsletter, as well as Go2Market and consulting services. As a research pioneer, IoT Analytics combines traditional methods of market research such as interviews and surveys with state-of-the art web-mining tools to generate high-caliber insights.

IoT Analytics is headquartered in Hamburg, Germany.

For more information, visit www.iot-analytics.com.

Contact

For further comments or more information on this press release or the Smart Home Market Tracker, please contact: press@iot-analytics.com.

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<a href="https://iot-analytics.com/author/hoang0701/" target="_self">Hoang Pham Van</a>

Hoang Pham Van

Hoang is responsible for website SEO, social media, and blog activities. He also acts as support in media creation and website administration. He is an IoT technology enthusiast focusing on bringing high quality content to other IT enthusiasts.

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