North America currently has about 40% of the smart home market share. An estimated 5 million home smart devices will be on the market by the end of 2030. In the USA, around 118 million people use voice search at least monthly. Smart speaker use will continue to double nearly every 2 years.
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, Americans favor home automation devices more than other nations. 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.
Recent smart home statistics show that in 2023, 63.43 million US households will use smart home devices actively. The global smart home market is currently estimated to be worth $98.05 billion; by 2032, that number is projected to increase to $581.85 billion. The Smart Speaker market is the best-recognized subset of the Smart Home industry, with a projected 640 million devices in use by 2024. 46.5% of U.S. homes have adopted Smart Home technology so far.
According to the Consumer Technology Association (CTA) study, 83 million households and approximately 22 million homes own more than one smart home product. The number of smart homes is forecast to grow and surpass the 350 million mark by 2023.
As of 2023, there are more than 60.4 million households in the United States of America using smart home devices. Around the world, 11% of smart homes have 3 or more smart gadgets installed. According to Smart Home Statistics, as of the 3rd quarter of 2022, globally 874 million smart devices were shipped.
North America is the leading market in terms of penetration and 39.2 percent of all households in the region had at least one smart home product or system at the end of 2022 which equals to 57.5 million smart homes. By 2027, Berg Insight estimates that about 88.1 million homes in North America will be smart, equal to 58 percent of all homes in the region.
Rapid technological advances are allowing more homeowners to enjoy the convenience, efficiency, and enhanced security that smart homes have to offer. We recently conducted a data analysis to pinpoint the cities where buyers can expect to find the most smart homes for sale and at various price points.
Amazon holds the biggest market share in smart devices and is predicted to keep its position throughout 2021. It has over 30% more market share in the smart home industry than the second biggest competitor, Google.
How many americans use smart home devices in 2023?
More than 60.4 million US households use smart home devices as of 2023. In 2023, the home security smart device sector is expected to make up 22.1% of the total market.
There are over 400 million smart homes worldwide by 2024. American smart homeowners spend $1,172 on their tech home devices. The number of smart homes in the global market will reach 478.2 million in 2025.
Smart Home Technology Growth continues to increase.