How many smart homes are in America?

2. The US has the greatest number of smart homes. With a penetration rate of 32.4% and an estimated total of 41.3 million smart homes, smart home popularity statistics show Americans favor home automation devices more than other nations.

How many smart homes are in the US?

According to MediaPost, 69% of households in the U.S. have at least one smart device, while 12% of those (about 22 million homes) have several.

How many people own smart homes?

According to the 2019 Media Post, 69% of United States houses own at least one smart home product. According to the Consumer Technology Association (CTA) study, 83 million households and approximately 22 million homes own more than one smart home product.

How many smart homes are there in North America?

According to a research report from the IoT analyst firm Berg Insight, the number smart homes in Europe and North America reached 105 million in 2021. The most advanced smart home market is North America, having an installed base of 51.3 million smart homes at the end of the year.

How popular are smart homes?

The number of smart homes is forecast to grow and surpass the 350 million mark by 2023. Smart speakers are the most widely-known market segment, of which around 320 million were in use in 2020. The size of the installed base is set to double by 2024.

Smart home of the future

Which country has the most smart homes?

China. China's some way behind the US when it comes to smart homes. It has around 19.5 million of them but the real crazy stat here is that's up a whopping 48.1% on last year, proving that 2018 is a big year for the ambient home in Asia.

What percentage of people have smart homes?

How many people have a smart home device? A 2019 survey showed that about 53% of Americans have a smart home device, and this number is just going to rise. About 33% of the respondents said they would buy an IoT home device in the next three years.

How big is the home automation market?

Revenue in the Smart Home market is projected to reach US$33.66bn in 2022. Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 11.07%, resulting in a projected market volume of US$51.23bn by 2026. In the Smart Home market, the number of active households is expected to amount to 84.9m users by 2026.

How many devices does the average person have?

According to a 2020 survey, the average American had access to more than ten connected devices in their household. People had access to more than two computers on average and more than two mobile phones in the evaluated period.

Why is smart homes gaining popularity?

Convenience is a primary reason people are purchasing smart homes. Smart homes users have remote access to heating and cooling systems, multimedia devices and music. This technology allows homeowners to listen to audio in any room throughout the residence and communicate with visitors at the door.

Are smart homes the future?

There is no shortage of statistics or research predicting the growth of the smart home — millions of new endpoints have found their way into homes over the past year or two, globally. Consumer desire for these smart devices, spurred by purchases made during the pandemic, will likely continue for the foreseeable future.

Are smart homes on the Rise?

Over 130 million households are home to at least one smart speaker, according to Statista data. That figure is expected to rise to as many as 335 million in the next five years. All smart home devices are set for huge growth in the near future, says Statista.

How many smart home devices are there in the world?

In 2021, there were 258.54 million smart homes across the world. 23% of broadband households have three or more smart house devices in the US. The market for smart home technology is forecasted to grow to 138.9 USD by 2026.

Who owns a smart home?

Among the one-quarter who currently own smart home technology, Millennials (18-34) comprise the largest share, at 44%, followed by Gen Xers (35-54; 33%) and those aged 55 and older (24%). Smart home technology adopters also skew more male (57%) than female (43%).

How much is the home automation industry worth?

Portland, OR, Jan. 25, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global home automation market was estimated at $46.60 billion in 2020 and is expected to hit $239.89 billion by 2030, registering a CAGR of 17.6% from 2021 to 2030.

What is the estimated annual growth rate of the home automation market?

According to a comprehensive research report by Market Research Future (MRFR), “Smart Home Market” information by Component, by Application and Region – Forecast to 2030” market size to reach USD 254.78 billion, growing at a compound annual growth rate of 12.3% by 2030.

Which home automation system is best?

Do smart homes sell for more?

Does a Smart Home Increase a Home's Value? Smart home technology can definitely add to market value. Appraisers make what they call “adjustments” when they compare tech-enabled homes with similar but tech-deficient houses. Smart homes command higher prices and may be easier to sell as a result.

What percentage of Americans have a smart home?

From smart doorbells to thermostats and light bulbs, smart home has grown popular all over the world. It was estimated that almost 37 percent of households in the United States owned a smart home device in 2020, the highest forecast smart home penetration rate worldwide.

What is the biggest market for smart home devices?

Entertainment and other controls was the largest market for smart home in 2020.

How many smart homes are there in the UK?

How many smart homes are there in the UK? There are 2.22 million smart homes in the UK. A smart home has a central hub (a smart speaker, control panel, or app) that's linked to at least two devices – for instance, a smart bulb and smart plug.

Who uses smart home devices?

One-quarter of Americans own smart home technology.

33% of Gen Xers own smart house devices, while only 24% of people aged 55 and older are interested in such devices, or in the US smart home market for that matter.

Who is the target audience for smart homes and cities?

According to the 2020 E Source Smart Home Consumer Survey, individuals 18 to 34 who live in single-family homes and make between $25,000 to $75,000 annually are most likely to purchase smart tech in the next year (figure 1).

What is smart home technology examples?

Examples of smart home hubs include Amazon Echo, Google Home, Insteon Hub Pro, Samsung SmartThings and Wink Hub. Some smart home systems can be created from scratch, for example, using a Raspberry Pi or other prototyping board.