skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Global Search Configuration


This report aims to inform players from across the TMT service supply chain of how, where, and when to play in the smart home services market, by analyzing the results of the services element of Ovum's Smart Home Devices and Services Forecast: 2018–23.


  • With an expected five-year growth of 129%, smart home services remain the fastest-growing consumer TMT market. Including device sales, total smart home revenue will reach $154bn by 2023, with smart home services making up 25% ($38bn) of that total.
  • Although the market remains relatively small today compared to other consumer TMT service markets, smart home services will grow by a total of $21bn over the next five years, which is nearly as much as pay-TV revenue growth, and 2.5 times that of digital music.

Features and Benefits

  • Evaluates the fastest-growing segments in the smart home services market.
  • Identifies key market drivers and inhibitors to individual smart home services.

Key questions answered

  • How fast is the smart home services market growing in context to other consumer TMT growth sectors?
  • Which areas of the smart home services market are growing the quickest?

Table of contents


  • Introduction
  • Download 1: Smart Home Services Forecast Report: 2018–23

Recommended Articles


Have any questions? Speak to a Specialist

Europe, Middle East & Africa team: +44 7771 980316

Asia-Pacific team: +61 (0)3 960 16700

US team: +1 212-652-5335

Email us at

You can also contact your named/allocated Client Services Executive using their direct dial.
PR enquiries - Email us at

Contact marketing -

Already an Ovum client? Login to the Knowledge Center now