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This forecast projects unit sales, installed base, and number of households for smart home services for the 2017–22 period. Forecasts are provided for major regional and national markets.


  • Ovum expects the number of smart home households to grow 280% to 471 million households by 2022.
  • 1.5 billion smart home devices will be sold in 2022, up from 416 million in 2017.

Features and Benefits

  • Sizes the smart home market in terms of device volume and services adoption.
  • Evaluates overall smart home revenues from devices and services.
  • Compares device sales across utilities, security, appliances, and smart speaker segments.

Key questions answered

  • What is the size of the smart home market by country?
  • How many premium smart speakers will be sold in 2022?
  • What will be the total spend in security services and devices for consumers by 2022?

Table of contents


  • Introduction
  • Download 1: Smart Home Devices and Services Forecast: 2017–22