Source: Insider Intelligence | eMarketer, August 2022 - May 2023
Note: individuals of any age who actively use a smart home device at least once per month
Additional Note: A smart home device is a device connected via internet and/or Bluetooth (or any other connectivity protocol) and installed in the home that allows the user to remotely monitor and manage home appliances and functions such as security access, lighting, temperature, and entertainment by using app features or voice assistance. Smart home devices and systems can also operate together by sharing consumer usage data among themselves, and automate actions based on usage data and the preferences of the user. Smart speakers and smart TVs that are not used to interact with other smart home devices are excluded.
Methodology: Estimates are based on the analysis of survey and traffic data from research firms and regulatory agencies, sales projections, historical trends, company-specific data, and demographic and socioeconomic factors.