Smart Home - Denmark

  • Denmark
  • In Denmark, the Smart Home market is forecasted to achieve a revenue of €949.0m in 2024.
  • This projection suggests a yearly growth rate, known as the Compound Annual Growth Rate (CAGR 2024-2028), of 9.35%.
  • Consequently, the market is expected to expand significantly, reaching a volume of €1,357.0m by 2028.
  • Moreover, the number of active households in the Smart Home market is anticipated to reach [users_currentlayer_yearend] by 2028.
  • When it comes to household penetration, it is estimated to be 47.5% in 2024, with an anticipated increase to 79.0% by 2028.
  • Currently, the average revenue per installed Smart Home market is expected to be €723.10.
  • In terms of global comparison, United States stands out as the country generating the highest revenue in the Smart Home market, with a projected revenue of €35,610.0m in 2024.
  • Denmark is at the forefront of the Smart Home market, with a strong focus on energy-efficient and sustainable technology solutions.

Key regions: United States, United Kingdom, Germany, Europe, Norway

Mercado
Región
Comparación de regiones
Moneda

Revenue

Espere, por favor

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Mar 2024

Fuente: Statista Market Insights

Espere, por favor

Most recent update: Mar 2024

Fuente: Statista Market Insights

Digital

Access more Market Insights on digital topics with our featured report

This report presents a comprehensive analysis and additional information on the Smart Home market, in a PDF format.
Smart Home: market data & analysis - Background Smart Home: market data & analysis - Cover

Smart Homes

Espere, por favor

Most recent update: Mar 2024

Fuente: Statista Market Insights

Demographics

Espere, por favor

Most recent update: Mar 2024

Fuentes: Statista Market Insights , Statista Consumer Insights Global

Key Players

in percent

2022
Espere, por favor

Most recent update: Mar 2024

Fuente: Statista Market Insights

Global Comparison

Espere, por favor

Most recent update: Mar 2024

Fuente: Statista Market Insights

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the sales of smart home products, excluding taxes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use the Statista Global Consumer Survey, market data from independent databases and third-party sources, and Statista interviews with market experts. In addition, we use relevant key market indicators and data from country-specific associations, such as household internet penetration and consumer spending for households. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward smart home integration.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year in case market dynamics change.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

Espere, por favor

Fuente: Espere, por favor

Explore more high-quality data on related topic

Encuentra más mercados

Descubre nuevos mercados y obtén valiosos conocimientos en diferentes áreas temáticas con nuestra función de búsqueda Market Insights.

Contacto

¿Alguna duda? Estaremos encantados de atenderte.
Statista Locations
Contacto Nerea Marcos
Nerea Marcos
Client Success Manager

Lu - vi, 9:30 - 17:00 h (CET)

Contacto Meredith Alda
Meredith Alda
Sales Manager– Contacto (Estados Unidos)

Lu - vi, 9:00 - 18:00 h (EST)

Contacto Yolanda Mega
Yolanda Mega
Operations Manager– Contacto (Asia)

Lu - vi, 9:00 - 17:00 h (SGT)

Contacto Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contacto (Asia)

Lu - vi, 10:00 - 18:00 h (JST)

Contacto Lodovica Biagi
Lodovica Biagi
Director of Operations– Contacto (Europa)

Lu - vi, 9:30 - 17:00 h (GMT)

Contacto Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contacto (América Latina)

Lu - vi, 9:00am-6:00pm (EST)