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This report examines Ovum's smart home forecast for devices and discusses major trends affecting the smart home market.


  • The total number of smart home households will reach nearly half a billion by 2022. This corresponds to 42% of fixed broadband households and 22.5% of total households.
  • Security will continue to lead the market with nearly 1 billion unit sales in 2022, representing 64% of total smart home device sales.
  • While we are expecting significant growth in terms of unit sales, revenue growth will be offset by strong declines in prices.

Features and Benefits

  • Evaluates consumer demand for smart home products
  • Sizes the market for smart utilities, smart security devices, smart speakers and smart appliances
  • Identifies drivers and inhibitors for various smart home product categories

Key questions answered

  • What is the size of the smart home market by vertical and by country?
  • What is the market demand for smart speakers by price band?
  • How many smart security cameras will be installed by 2022?

Table of contents


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