Industry Analyst, Consumer Technology
2024 has been a year of recovery in many corners of the Smart Home market. Sales revenue was flat compared to the same period in 2023. But pricing declined as manufacturers and retailers heavily promoted the category helping to grow adoption rates.
A holistic view of how U.S. consumers own and use devices in their homes.
2024 was an improved year for the US Smart Home market even as revenue performance lagged many other consumer technology categories. According to Circana’s Retail Tracking Service, Smart Home revenue declined -5% in 2024 as units grew <1%.
Item level product detail, including product attributes and average selling prices, of available home automation products.
The week when: - Nest Ends Support for Older Thermostats - Google Adds More Smart Home Controls
The past year has seen some key improvements in America’s access to internet and, most importantly, broadband speeds.
