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INSIGHTS

Western Europe to overtake Asia Pacific in smart controller sales: Parks Associates

Western Europe to overtake Asia Pacific in smart controller sales: Parks Associates
By 2019, Western Europe will overtake the Asia-Pacific region in sales of smart home controllers, with over five million unit sold in 2019 and 13 million by 2021, Parks Associated predicts.
The popularity of smart home products is increasing globally, and international research firm Parks Associates notes that as the interoperability, capabilities and marketing of these products expand, so will their adoption rates.

The European continent is in line to achieve strong growth over the next several years. By 2019, Western Europe will overtake the Asia-Pacific region in sales of smart home controllers, with over five million unit sold in 2019 and 13 million by 2021, Parks Associated predicts.

Smart home adoption in Europe has traditionally trailed the U.S. due in large part to the differences in their respective home security markets. By the end of 2018, the number of North American househol...
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