#Factoftheweek
190 million smart homes in 2029.
Our homes are getting smarter, but how and where?
Let’s answer the “where” part of the equation first.
In 2024, we saw:
- 66.7 million smart homes in North America, a 45% penetration
- 72.7 million smart homes in Europe, a 31% penetration
In 2029, we can anticipate:
- 90.9 million smart homes in North America, a 59% penetration
- 102.8 million smart homes in Europe, a 42% penetration
These numbers are all according to Berg Insight. Next, let’s answer the “how” part of the equation? How are homes becoming smart?
- Smart thermostats
- Smart light bulbs
- Smart security cameras
- Smart door locks
- Smart speakers
- Whole-home systems
What else are you seeing in your smart homes? Where is the greatest penetration? What is the most requested smart home technology?
#smarthome #smartthings #puttingthesmartsinhomes