Introduction to Mobile Smart Home

Smart Home: Trends and Statistics

  • In 2022, the projected market revenue is expected to reach 115,7 billion USD;
  • The niche will grow steadily at a 13.3% CAGR from 2022 to 2026. It will result in a market volume of 207,809 billion USD in four years;
  • Such market growth causes the expansion of household penetration. In 2022, the smart home’s penetration will be around 14%, and it can reach 25% by the end of 2026;
  • On the global level, the US market has the biggest potential for the niche, having a market size of 33,659 million USD.

What’s the secret to smart home’s popularity?

What Are the Key Elements of a Smart Home Solution?

How smart home systems work
How smart home systems work

1. A hub or mobile app

2. Sensors

3. Actuators

HomeKit: Apple’s Smart Home Platform

HomeKit logo

The Home app

The scene in the Home app
The scene in the Home app

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