The CTA Industry Sector Forecast: Smart Home 2019-2024 expands upon the data in the CTA U.S. Consumer Technology Five-Year Industry Forecast and includes written analysis that dives deep into the growth drivers, consumer behavior and technologies shaping the future of the sector.
The U.S. market for smart home technologies is projected to top $14.5 billion this year, with unit shipments topping 100 million. That’s a lot of smart speakers, door locks, doorbells, cameras and lightbulbs.
The Smart Home Division of the Consumer Technology Association (CTA)®, formerly the TechHome® Division, seeks to drive awareness and demand for smart home products, systems and services. The division represents the entire channel for home control, entertainment and networking products including integrators, distributors, manufacturers and startups.