The smart home or home automation market is heating up across the globe. In fact, on a per household basis, the U.K. and Canada are expected to spend more than the U.S. on smart home systems in 2014. In this brief report, we analyze the connected home market in the U.K, Canada, and U.S. The key findings from our analysis are below.

Key Findings

• As of June 2014, U.K. households had 135 million internet connected devices. By the end of 2014 and 2015, this figure is projected to increase from 152 million to 173 million. 
• From 2014 to 2015, U.K. consumers are projected to spend $2.5 billion and $3.1 billion, respectively, on smart home systems, devices, and software.
• As of June 2014, Canadian households had 63 million internet connected devices. By the end of 2014 and 2015, this figure is projected to increase from 72 million to 86 million.
• From 2014 to 2015, Canadian consumers are projected to spend $0.66 billion and $0.79 billion, respectively, on smart home systems, devices, and software.
• As of May 2014, U.S. households had 610 million internet connected devices. By the end of 2014 and 2015, this figure is projected to increase from 650 million to 748 million.
• From 2014 to 2015, U.S. consumers are projected to spend $4.7 billion and $6.0 billion, respectively, on smart home systems, devices, and software.

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