100+ datasets found
  1. Global smart home market revenue 2016-2022

    • statista.com
    Updated Jun 30, 2025
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    Statista (2025). Global smart home market revenue 2016-2022 [Dataset]. https://www.statista.com/statistics/682204/global-smart-home-market-size/
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    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2016
    Area covered
    Worldwide
    Description

    The global smart home market is forecast to grow to ***** billion U.S. dollars in size by 2022. Smart home, also called home automation, is an automation system that controls the lighting, climate, entertainment, appliances, and home security such as alarm systems of a household. Internet of Things (IoT) Smart home devices, when connected to the internet, are a part of a network of devices called the Internet of Things (IoT). These connected devices share data among each other, providing benefits such as better quality of life and greater insight into business. The total installed base of Internet of Things (IoT) connected devices is projected to amount to ***** billion worldwide by 2025, a fivefold increase in ten years. In 2018, it is estimated that among all the IoT devices,**** billion will be connected/smart home devices. Smart home categories Video entertainment is expected to have the largest share of smart home device shipments by 2023, with the unit shipment in this category amounting to ***** million by then. With ***** million device shipments, Home monitoring/security is predicted to be the second largest smart home category. The last couple of years have witnessed consumers’ enthusiasm for a new smart home device – the smart speaker, such as the Amazon Echo. As of the first quarter of 2019, smart speaker penetration among U.S. broadband households already topped ** percent, surging from a mere ***** percent two years before.

  2. Smart Home Devices Global Market Report 2025

    • thebusinessresearchcompany.com
    pdf,excel,csv,ppt
    Updated Jan 9, 2025
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    The Business Research Company (2025). Smart Home Devices Global Market Report 2025 [Dataset]. https://www.thebusinessresearchcompany.com/report/smart-home-devices-global-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 9, 2025
    Dataset authored and provided by
    The Business Research Company
    License

    https://www.thebusinessresearchcompany.com/privacy-policyhttps://www.thebusinessresearchcompany.com/privacy-policy

    Description

    Global Smart Home Devices market size is expected to reach $292.36 billion by 2029 at 18.6%, segmented as by technology, wi-fi technology, bluetooth technology

  3. A Detailed Analysis of Smart Home Devices Market by Security Lighting...

    • futuremarketinsights.com
    html, pdf
    Updated Jun 16, 2023
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    Future Market Insights (2023). A Detailed Analysis of Smart Home Devices Market by Security Lighting Control Smart Home Device, Access Control Smart Home Device, HVAC Control Smart Home Device, Entertainment & Other Controls, Kitchen & Home Appliances, and Healthcare Smart Devices 2023 to 2033 [Dataset]. https://www.futuremarketinsights.com/reports/smart-home-devices-market
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    pdf, htmlAvailable download formats
    Dataset updated
    Jun 16, 2023
    Dataset provided by
    Authors
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2023 - 2033
    Area covered
    Worldwide
    Description

    The global smart home devices demand is subjected to growth at a CAGR of 17.8%. The market revenue is likely to be valued at US$ 58.4 billion in 2023, and exhibit a revenue growth of US$ 300 billion by 2033.

    AttributesDetails
    Current Year Value (2023)US$ 58.4 billion
    Expected Forecast Value (2033)US$ 300 billion
    Historical CAGR (2018 to 2022)20.6%
    Projected CAGR (2023 to 2033)17.8%

    Country-wise Insights

    CountryUnited States
    HCAGR (2018 to 2022)20.5%
    FCAGR (2023 to 2033)17.6%
    CountryUnited Kingdom
    HCAGR (2018 to 2022)19.3%
    FCAGR (2023 to 2033)16.6%
    CountryChina
    HCAGR (2018 to 2022)20%
    FCAGR (2023 to 2033)17.1%
    CountryJapan
    HCAGR (2018 to 2022)18.7%
    FCAGR (2023 to 2033)16.2%
    CountrySouth Korea
    HCAGR (2018 to 2022)18.3%
    FCAGR (2023 to 2033)15.9%
  4. Smart Home Market Analysis, Size, and Forecast 2025-2029: North America (US...

    • technavio.com
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    Technavio, Smart Home Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, Spain, UK), Middle East and Africa , APAC (China, India, Japan), South America , and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/smart-home-market-industry-analysis
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    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global
    Description

    Snapshot img

    Smart Home Market Size 2025-2029

    The smart home market size is forecast to increase by USD 255.2 billion, at a CAGR of 23.5% between 2024 and 2029.

    The market is experiencing significant growth, driven by the increasing consumer interest in home automation. Smart home devices, including lighting, temperature control, audio/video systems, cameras, and even appliances like dishwashers, are becoming increasingly popular. This trend is reflected in the rising number of strategic partnerships and alliances between key players in the industry. However, the market faces challenges related to interoperability, which hampers the seamless integration of various smart home devices and systems. Companies must address this issue to ensure user-friendly experiences and maintain competitiveness.
    To capitalize on market opportunities, strategic investments in research and development, as well as collaborations and acquisitions, are essential. Navigating interoperability challenges and delivering integrated, intuitive smart home solutions will be crucial for market success.
    

    What will be the Size of the Smart Home Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free Sample

    The market continues to evolve, with innovative technologies and applications unfolding across various sectors. Integration of apps, smart locks, customer support, wireless protocols, maintenance services, sensor technology, biometric authentication, IoT platforms, smart meters, smart washing machines, and other advanced features are becoming standard offerings. These solutions enable remote monitoring, energy management, home automation, and enhanced security systems. Smart home hubs and gateways facilitate seamless communication between devices, ensuring standards compliance and data analytics. Smart thermostats, refrigerators, and lighting systems optimize energy usage and provide user-friendly interfaces. Biometric authentication and facial recognition add an extra layer of security, while machine learning and natural language processing enhance user experience.

    Wireless protocols, such as Zigbee, Z-Wave, and Bluetooth, enable seamless connectivity between devices. IoT platforms and cloud connectivity provide access to real-time data and remote control capabilities. Smart sensors and actuator technology enable automation and proactive maintenance. Data security remains a top priority, with advanced encryption and authentication methods ensuring privacy. Smart smoke detectors, home security cameras, and power management systems further extend the capabilities of smart home solutions. Smart ovens, smart displays, and smart speakers add convenience and entertainment to daily life. The ongoing evolution of smart home technology is driven by continuous innovation and growing consumer demand. Installation services and technical support ensure seamless adoption and integration of these advanced systems.

    Smart irrigation, smart dryers, and smart plugs are just a few of the latest additions to the ever-expanding smart home ecosystem.

    How is this Smart Home Industry segmented?

    The smart home industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Application
    
      Home entertainment
      Smart appliances
      Energy management
      Lighting control system and HVAC
      Safety and security system
    
    
    Technology
    
      Wireless
      Wired
    
    
    Installation Type
    
      New Construction
      Retrofit
    
    
    Product Type
    
      Smart Lighting
      Smart Appliances
      Security Systems
    
    
    End-User
    
      Residential
      Commercial
      Property Developers
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        Spain
        UK
    
    
      APAC
    
        China
        India
        Japan
    
    
      South America
    
        Argentina
        Brazil
    
    
      Rest of World (ROW)
    

    By Application Insights

    The home entertainment segment is estimated to witness significant growth during the forecast period.

    The market is witnessing significant growth, with home entertainment leading the segment. Voice user interfaces, particularly smart speakers, have revolutionized home entertainment by providing an easily accessible and user-friendly interface. Advanced functionality and technical capabilities of voice assistants, such as Google Home and Amazon Echo, have created opportunities for innovation in the market. Smart speakers enable multitasking, responding only after recognizing a wake word. Home security and automation systems, smart thermostats, refrigerators, and lighting are also key components of the market, integrating AI, data analytics, and wireless protocols for enhanced user experience. Compliance with industry standards, ener

  5. m

    India Smart Home Market Size & Share Analysis - Industry Research Report -...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Dec 24, 2024
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    Mordor Intelligence (2024). India Smart Home Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/india-smart-home-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Dec 24, 2024
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    India
    Description

    The India Smart Home Market Report is Segmented by Product Type (Comfort and Lighting, Control and Connectivity, Energy Management, Home Entertainment, Security, Smart Appliances, HVAC Control) and Technology (Wi-Fi, Bluetooth, and Other Technologies). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

  6. Z

    Smart Home Devices Market by Protocol (Wi-Fi, Bluetooth, and Others), Device...

    • zionmarketresearch.com
    pdf
    Updated Jul 23, 2025
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    Zion Market Research (2025). Smart Home Devices Market by Protocol (Wi-Fi, Bluetooth, and Others), Device Type (Smart Thermostat, Smart Light, Smart TV, Smart Lock, and Others), by Application (Lighting System, Security and Access Control System, Entertainment System, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032- [Dataset]. https://www.zionmarketresearch.com/report/smart-home-devices-market
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Jul 23, 2025
    Dataset authored and provided by
    Zion Market Research
    License

    https://www.zionmarketresearch.com/privacy-policyhttps://www.zionmarketresearch.com/privacy-policy

    Time period covered
    2022 - 2030
    Area covered
    Global
    Description

    Global Smart Home Devices Market market size valued at US$ 1482.41 Billion in 2023, set to reach US$ 6676.13 Billion by 2032 at a CAGR of about 18.2% from 2024 to 2032.

  7. Smart Home Market Size, Share, Trends & Insights Report, 2035

    • rootsanalysis.com
    Updated Jul 12, 2024
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    Roots Analysis (2024). Smart Home Market Size, Share, Trends & Insights Report, 2035 [Dataset]. https://www.rootsanalysis.com/smart-home-market
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    Dataset updated
    Jul 12, 2024
    Dataset provided by
    Authors
    Roots Analysis
    License

    https://www.rootsanalysis.com/privacy.htmlhttps://www.rootsanalysis.com/privacy.html

    Time period covered
    2021 - 2031
    Area covered
    Global
    Description

    The smart home market size is predicted to reach $133.3 billion in 2024 to $1,033.68 billion by 2035, growing at a CAGR of 20.47% from 2024 to 2035.

  8. k

    Europe Smart Home Devices Market Size, Share & Trends Analysis Report By...

    • kbvresearch.com
    Updated Mar 18, 2024
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    KBV Research (2024). Europe Smart Home Devices Market Size, Share & Trends Analysis Report By Component (Solutions, and Services), By Type, By Country and Growth Forecast, 2023 - 2030 [Dataset]. https://www.kbvresearch.com/europe-smart-home-devices-market/
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    Dataset updated
    Mar 18, 2024
    Dataset authored and provided by
    KBV Research
    License

    https://www.kbvresearch.com/privacy-policy/https://www.kbvresearch.com/privacy-policy/

    Time period covered
    2023 - 2030
    Area covered
    Europe
    Description

    The Europe Smart Home Devices Market would witness market growth of 18.7% CAGR during the forecast period (2023-2030). Media coverage, marketing campaigns, and word-of-mouth recommendations have raised awareness about the potential for automation, energy savings, home security, and convenience sma

  9. US Smart Home Market Analysis, Size, and Forecast 2025-2029

    • technavio.com
    Updated Jul 15, 2025
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    Technavio (2025). US Smart Home Market Analysis, Size, and Forecast 2025-2029 [Dataset]. https://www.technavio.com/report/smart-home-market-size-in-us-industry-analysis
    Explore at:
    Dataset updated
    Jul 15, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    United States
    Description

    Snapshot img

    US Smart Home Market Size 2025-2029

    The smart home market size in US is forecast to increase by USD 6.47 billion at a CAGR of 5.6% between 2024 and 2029.

    The Smart Home Market is experiencing significant growth, driven by increasing consumer interest in home automation and the development of technologically advanced products. Homeowners in the US are increasingly seeking convenience, energy savings, and enhanced security, leading to a rise in demand for smart home devices. However, challenges persist, including the need for greater interoperability between devices and systems to ensure seamless integration. The smart home market in the US continues to expand, integrating data connectivity technology, intelligent HVAC systems, and renewable energy solutions, all aimed at reducing the carbon footprint and enhancing living spaces.
    
    
    As the market continues to evolve, companies must navigate these trends and challenges to stay competitive and meet the evolving needs of consumers. The growing importance of voice control, artificial intelligence, and the Internet of Things are also shaping the future of the Smart Home Market, offering new opportunities for innovation and growth. Home automation standards prioritize device reliability, scene creation capabilities, and user interface design, addressing system compatibility issues and data privacy concerns. Homeowners and developers alike are conducting user satisfaction surveys to understand preferences, improve usability, and tailor experiences to diverse lifestyles.
    

    What will be the Size of the market During the Forecast Period?

    Request Free Sample

    The smart home market is experiencing significant growth, with home automation platforms integrating various technologies to enhance the user experience. API integration and third-party collaborations enable cost savings calculations and remote access control, making homes more energy-efficient and cost-effective. Rule-based automation and network security measures ensure environmental impact assessments and energy consumption tracking, while system maintenance procedures and energy efficiency solutions address power consumption optimization. Smart homes enable residents to control various systems and appliances remotely, including HVAC systems, electrical cooling systems, natural gas, thermostats, lights, and home appliances.

    System scalability solutions mitigate device connectivity issues and automation process efficiency, allowing businesses to offer affordable home automation pricing and automation scheduling tools. User satisfaction surveys indicate a growing preference for smart home ecosystems, with energy efficiency and ease of use being key factors. Smart home features continue to evolve, with home automation platforms offering advanced capabilities to cater to diverse consumer needs. Despite these advancements, addressing system compatibility issues and ensuring device reliability remains a priority for market players.

    How is this market segmented and which is the largest segment?

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Type
    
      Home entertainment
      Smart appliances
      Energy management
      Lighting control system and HVAC
      Safety and security system
    
    
    Technology
    
      Wired
      Wireless
    
    
    Application
    
      Retrofit
      New construction
    
    
    Geography
    
      North America
    
        US
    

    By Type Insights

    The Home entertainment segment is estimated to witness significant growth during the forecast period. The smart home market in the US is experiencing significant growth, driven by the integration of advanced technologies such as automated window shades, remote home monitoring, home automation gateways, and data security protocols. AI-powered home assistants, like those found in smart speakers, have become increasingly popular for their convenience and user-friendly interface. These devices, such as Amazon Echo, use voice control integration, natural language processing, and machine learning algorithms to provide a seamless user experience. Smart home appliances, including refrigerators, ovens, and washing machines, can be controlled remotely through smartphone apps or home automation software. Entertainment control, lighting, and even smart furniture are also becoming integral parts of the smart home ecosystem.

    Software and services, such as digital assistants and Bluetooth speaker control, further enhance the user experience. Zigbee technology and Z-Wave technology facilitate wireless communication between various smart home devices, while IoT home automation allows for device interoperability and environmental monitoring sensors keep users informed of their home's conditions. Security is a top priority, with smart locks, motion sensor technolog

  10. m

    North America Smart Homes Market - Size, Trends & Growth

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Nov 20, 2024
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    Mordor Intelligence (2024). North America Smart Homes Market - Size, Trends & Growth [Dataset]. https://www.mordorintelligence.com/industry-reports/north-america-smart-homes-market-industry
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Nov 20, 2024
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    North America
    Description

    The Report Covers North America Home Automation Systems and the Market is Segmented by Technology (Bluetooth, Wi-Fi, GSM/GPRS, ZigBee, RFID, EnOcean, Z-Wave), By Product Type (Security and Surveillance Systems, Lighting Systems, HVAC Controls, Energy Management, Entertainment Controls, Others), By Country (US, Canada). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

  11. Smart Home Devices Market Size, Share, Growth Analysis Report By...

    • fnfresearch.com
    pdf
    Updated Jul 23, 2025
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    Facts and Factors (2025). Smart Home Devices Market Size, Share, Growth Analysis Report By Installation Type (New Construction And Retrofit), By Product Types (Smart Speakers, Smart Kitchens, Home Appliances, Smart Furniture, Security & Access Controls, Lighting Controls, Entertainment & Other Controls, HVAC Controls, And Many Others), By Protocols (Wireless And Wired Communication Technologies), By Sales Channels (Indirect And Direct Channels), And By Region - Global Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2024 – 2032 [Dataset]. https://www.fnfresearch.com/smart-home-devices-market
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Jul 23, 2025
    Dataset provided by
    Authors
    Facts and Factors
    License

    https://www.fnfresearch.com/privacy-policyhttps://www.fnfresearch.com/privacy-policy

    Time period covered
    2022 - 2030
    Area covered
    Global
    Description

    Smart Home Devices market size is expected to grow from $140.52 Bn in 2023 to $335.15 Bn by 2032, at a CAGR of 10.14% from 2024-2032

  12. Smart Home Devices Market Size, Share | Industry Forecast by 2030

    • emergenresearch.com
    pdf,excel,csv,ppt
    Updated Aug 26, 2022
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    Emergen Research (2022). Smart Home Devices Market Size, Share | Industry Forecast by 2030 [Dataset]. https://www.emergenresearch.com/industry-report/smart-home-devices-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Aug 26, 2022
    Dataset authored and provided by
    Emergen Research
    License

    https://www.emergenresearch.com/privacy-policyhttps://www.emergenresearch.com/privacy-policy

    Area covered
    Global
    Variables measured
    Base Year, No. of Pages, Growth Drivers, Forecast Period, Segments covered, Historical Data for, Pitfalls Challenges, 2030 Value Projection, Tables, Charts, and Figures, Forecast Period 2022 - 2030 CAGR, and 1 more
    Description

    The global Smart Home Devices market size reached USD 84.52 Billion in 2021 and is expected to reach USD 205.60 Billion in 2030 registering a CAGR of 10.4%. Smart Home Devices market growth is primarily driven owing to significant investments in research & development activities and integration of s...

  13. Smart home market size in China 2016-2025

    • statista.com
    Updated Jun 24, 2025
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    Statista (2025). Smart home market size in China 2016-2025 [Dataset]. https://www.statista.com/statistics/895479/china-smart-home-market-size/
    Explore at:
    Dataset updated
    Jun 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    In 2023, the size of the smart home market in China amounted to over *** billion yuan. With the development of 5G infrastructure and a high penetration rate of mobile phones, many Chinese electronics and home appliance manufacturers have developed smart home systems. Notable companies include Haier, Xiaomi, and Huawei. Digitalizing live The first tier of consumer products that had undergone digitalization were appliances. With a revenue of almost ** million U.S. dollars, smart appliances accounted for around half of the annual smart home industry turnover. The segment included kitchen appliances, small household appliances, as well as vacuum robots. In contrast, the energy management segment only generated a revenue of *** million U.S. dollars. Beyond consumer electronics Smart technology has the potential to do much more than connect consumer electronics. For instance, smart heating systems and smart electricity meters could optimize energy consumption. By avoiding consumption peaks, a smart electrical meter can start household appliances when electricity is in low demand. Similarly, smart heating systems reduce heating when nobody is home or during the night. These are just two examples of how smart technology can not only help preserve precious resources but also contribute to reducing the utility costs of households.

  14. Europe Smart Homes Market Size & Share Analysis - Industry Research Report -...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Feb 10, 2025
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    Mordor Intelligence (2025). Europe Smart Homes Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/europe-smart-homes-market-industry
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Feb 10, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Europe
    Description

    Europe Smart Home Market Report is Segmented by Product Type (Lighting Products, Energy Management, Security, Connectivity, Energy Management Systems, Home Entertainment, and Smart Appliances) and Country. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

  15. D

    Smart Home Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Dec 3, 2024
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    Dataintelo (2024). Smart Home Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-smart-home-market
    Explore at:
    csv, pdf, pptxAvailable download formats
    Dataset updated
    Dec 3, 2024
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Smart Home Market Outlook



    The global smart home market was valued at approximately USD 85 billion in 2023 and is expected to reach around USD 255 billion by 2032, with a compound annual growth rate (CAGR) of about 13%. The rapid growth of the smart home market size is driven by the increasing adoption of Internet of Things (IoT) devices, advancements in wireless communication technologies, and growing consumer demand for convenience, energy efficiency, and enhanced security solutions. The integration of artificial intelligence (AI) into smart home technologies has further accelerated market growth by enabling more seamless and intuitive interactions between users and devices.



    One of the primary growth factors for the smart home market is the rising consumer awareness and preference for energy-efficient solutions. With increasing energy costs and a focus on sustainability, consumers are turning to smart home devices, such as smart thermostats and energy management systems, to reduce energy consumption and lower utility bills. These devices enable homeowners to monitor and control energy usage remotely, optimizing energy efficiency while maintaining comfort. Furthermore, government initiatives and policies aimed at promoting energy-efficient technologies are providing additional impetus for the adoption of smart home solutions.



    Another significant growth driver is the enhanced security and access control features offered by smart home technologies. As concerns about home security continue to rise, consumers are increasingly investing in smart security systems that offer real-time monitoring, remote control, and instant alerts. Advanced smart security systems integrate with other smart devices, such as smart cameras and motion detectors, to provide comprehensive home surveillance and peace of mind. Additionally, the integration of AI and machine learning has improved the predictive capabilities of these systems, enabling proactive threat detection and response, thereby boosting consumer confidence and adoption rates.



    The convenience and comfort provided by smart home technologies also contribute significantly to market growth. Smart speakers, lighting, and entertainment systems allow users to create personalized, automated environments that cater to their preferences. Voice-controlled smart home assistants, such as Amazon Alexa and Google Assistant, enable users to easily manage household tasks, from adjusting lighting and climate settings to accessing entertainment and information. This seamless integration of technology into daily life not only enhances user experience but also drives consumer demand for smart home products.



    The regional outlook for the smart home market reveals varying growth patterns across different areas. North America currently leads the market due to the early adoption of smart technologies and a high concentration of tech-savvy consumers. Europe follows closely, with significant investments in smart city initiatives and a strong focus on energy efficiency. The Asia Pacific region is expected to experience the fastest growth, driven by increasing urbanization, rising disposable incomes, and growing internet penetration. Meanwhile, Latin America and the Middle East & Africa are also witnessing gradual growth, supported by infrastructure development and growing consumer awareness of smart home benefits.



    Product Type Analysis



    In the smart home market, product type segmentation plays a crucial role in defining consumer preferences and market dynamics. Smart speakers, such as Amazon Echo and Google Nest, have witnessed a surge in demand, offering versatile functionalities ranging from voice-activated controls to integration with other smart devices. This segment has gained traction due to its ability to serve as a central hub for smart home ecosystems, providing users with intuitive control over various connected devices. Additionally, advancements in natural language processing have enhanced the user experience, making voice commands more accurate and responsive, thereby driving further adoption.



    Smart lighting systems have also emerged as a key segment within the smart home market. These systems provide customizable lighting solutions that can be controlled remotely, allowing users to create personalized lighting environments that suit different moods and activities. The demand for smart lighting is driven by its potential to reduce energy consumption and extend the lifespan of lighting fixtures. With the integration of sensors and automation, smart lighting systems can adjust brightness based on occupancy or ambient light levels, further en

  16. m

    Smart Home Appliances Market Industry Size, Share & Insights for 2033

    • marketresearchintellect.com
    Updated Aug 2, 2025
    + more versions
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    Market Research Intellect (2025). Smart Home Appliances Market Industry Size, Share & Insights for 2033 [Dataset]. https://www.marketresearchintellect.com/product/global-smart-home-appliances-market/
    Explore at:
    Dataset updated
    Aug 2, 2025
    Dataset authored and provided by
    Market Research Intellect
    License

    https://www.marketresearchintellect.com/privacy-policyhttps://www.marketresearchintellect.com/privacy-policy

    Area covered
    Global
    Description

    Explore the growth potential of Market Research Intellect's Smart Home Appliances Market Report, valued at USD 100 billion in 2024, with a forecasted market size of USD 200 billion by 2033, growing at a CAGR of 8.5% from 2026 to 2033.

  17. Smart Home Market Size and Share | Statistics – 2030

    • nextmsc.com
    pdf,excel,csv,ppt
    Updated May 23, 2025
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    Next Move Strategy Consulting (2025). Smart Home Market Size and Share | Statistics – 2030 [Dataset]. https://www.nextmsc.com/report/smart-home-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    May 23, 2025
    Dataset authored and provided by
    Next Move Strategy Consulting
    License

    https://www.nextmsc.com/privacy-policyhttps://www.nextmsc.com/privacy-policy

    Time period covered
    2023 - 2030
    Area covered
    Global
    Description

    The smart home market is expected to reach USD 462.94 Bn by 2030, due to the growing penetration of IoT devices.

  18. k

    LAMEA Smart Home Devices Market Size, Share & Trends Analysis Report By...

    • kbvresearch.com
    Updated Mar 18, 2024
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    KBV Research (2024). LAMEA Smart Home Devices Market Size, Share & Trends Analysis Report By Component (Solutions, and Services), By Type, By Country and Growth Forecast, 2023 - 2030 [Dataset]. https://www.kbvresearch.com/lamea-smart-home-devices-market/
    Explore at:
    Dataset updated
    Mar 18, 2024
    Dataset authored and provided by
    KBV Research
    License

    https://www.kbvresearch.com/privacy-policy/https://www.kbvresearch.com/privacy-policy/

    Time period covered
    2023 - 2030
    Area covered
    LAMEA
    Description

    The Latin America, Middle East and Africa Smart Home Devices Market would witness market growth of 21.6% CAGR during the forecast period (2023-2030). Rising concerns about home security and safety have prompted consumers to invest in smart home security systems, including cameras, motion sensors,

  19. United Kingdom Smart Home Market Size & Share Analysis - Industry Research...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated May 7, 2025
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    Mordor Intelligence (2025). United Kingdom Smart Home Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/united-kingdom-smart-home-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    May 7, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    United Kingdom
    Description

    The UK Smart Home Market Report is Segmented by Product (Comfort and Lighting, Control and Connectivity, Energy Management, Home Entertainment, Security, and Smart Appliances). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

  20. Market size of smart home devices Philippines 2024, by segment

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). Market size of smart home devices Philippines 2024, by segment [Dataset]. https://www.statista.com/statistics/1139013/philippines-market-size-smart-home-devices-by-type/
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    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Philippines
    Description

    Across the different segments, the appliance segment generated the highest estimated market value in the smart home devices market in the Philippines in 2024 at *** million U.S. dollars. This was followed by the control and connectivity device segment.

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Statista (2025). Global smart home market revenue 2016-2022 [Dataset]. https://www.statista.com/statistics/682204/global-smart-home-market-size/
Organization logo

Global smart home market revenue 2016-2022

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27 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jun 30, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2016
Area covered
Worldwide
Description

The global smart home market is forecast to grow to ***** billion U.S. dollars in size by 2022. Smart home, also called home automation, is an automation system that controls the lighting, climate, entertainment, appliances, and home security such as alarm systems of a household. Internet of Things (IoT) Smart home devices, when connected to the internet, are a part of a network of devices called the Internet of Things (IoT). These connected devices share data among each other, providing benefits such as better quality of life and greater insight into business. The total installed base of Internet of Things (IoT) connected devices is projected to amount to ***** billion worldwide by 2025, a fivefold increase in ten years. In 2018, it is estimated that among all the IoT devices,**** billion will be connected/smart home devices. Smart home categories Video entertainment is expected to have the largest share of smart home device shipments by 2023, with the unit shipment in this category amounting to ***** million by then. With ***** million device shipments, Home monitoring/security is predicted to be the second largest smart home category. The last couple of years have witnessed consumers’ enthusiasm for a new smart home device – the smart speaker, such as the Amazon Echo. As of the first quarter of 2019, smart speaker penetration among U.S. broadband households already topped ** percent, surging from a mere ***** percent two years before.

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