- 1-888-253-3960
- enquiry@vynzresearch.com
-
This is lorem ipsum doller
Smart Home Market
| Status : Published | Published On : Mar, 2024 | Report Code : VRICT5007 | Industry : ICT & Media | Available Format :
|
Page : 180 |
Global Smart Home Market – Analysis and Forecast (2025 - 2030)
Industry Insights by Software & Services (Behavioral and Proactive), by Product (Lighting Control System, Entertainment and Other Controls, Smart Home Healthcare, Smart Home Appliance, HVAC Control, Smart Speaker, Smart Furniture, and Security & Access Control), by Technology (Bluetooth, Wi-Fi, GSM/GPRS, RFID, and Others), by Sales Channel (Direct and Indirect)
Industry Overview
From USD 85.5 billion in 2023, the Global Smart Home Market size is projected to reach USD 142.2 billion by 2030, registering a CAGR of 12.5% during the forecast period. Smart Home is the network-integrated technology and services for a better standard of living and assists the user in reducing workload. Smart Homes provide consumers with convenient living, energy management features, security, and accessibility for people with physical disabilities. Smart homes have internet-connected gadgets that allow them to regulate, automate, and optimize services such as temperature, lighting, security, and entertainment. A computer, phone, tablet or independent system can operate monitor and access these devices remotely. Manufacturers are encouraged to promote automation in the household sector through the use of the Internet of Things in smart homes. Almost every other normal household can now buy and use smart home technologies. The smart home sector is growing, attracting buyers from all around the world.
(1).jpg)
The COVID-19 outbreak has hampered the growth of the global smart home market owing to disruption in the supply chain, and temporary shutdown of production units. The smart home industry is likely to grow slowly in the short term due to limited adoption of smart home technologies. Purchasers are reluctant to install smart home solutions because they require skilled professional for on-site installation and programming. Thus, industry players have seen a drop in the revenue. However, in the long run, owing to the increased demand for space at home to work, study, and entertainment, there is a surge in a number of IoT gadgets, resulting in creating growth opportunities for the smart home solution and home furnishings.
Smart Home Market Segmentation
Insight by Software & Services
• Behavioral
• Proactive
The behavioral segment contributes to the largest share as end-users receive direct feedback from behavioral solutions, which include basic information on real-time energy consumption as well as statistical data on energy usage. Behavioral software and services are gradually becoming prominent in smart homes because they may increase overall energy efficiency and reduce energy expenditures by analyzing behavioral data. Behavioral software and services have widespread adoption and low cost owing to its ability to learn user behaviour and, as a result, provide smarter control of appliances, resulting in a rise in demand.
Insight by Product
• Lighting Control System
• Entertainment and Other Controls
• Smart Home Healthcare
• Smart Home Appliances
• HVAC Control
• Smart Speaker
• Smart Furniture
• Security & Access Control
The entertainment and other controls category accounted for largest share owing to the convenience offered by these controls to manage and control entertainment systems within a house and rising disposable income worldwide. Wireless communication technological breakthroughs is an important factor driving the home theatre system control business, and hence the smart home market for entertainment control. The rising demand for smart meters and smoke detectors, as well as the growing prominence of smart plugs, smart hubs, and smart locks, are driving the market expansion of the other controls segment.
Smart home appliances contribute to the fastest growth in the smart home market owing to the ease in availability of wireless solutions that have enabled smart appliances to link wirelessly with smartphones and tablets through the Internet or Bluetooth. Smart home appliances include smart washers, smart dryers, smart water heaters, and smart vacuum cleaners
Insight by Technology
• Bluetooth
• Wi-Fi
• RFID
• GSM/GPRS
• Others
Of all, the Wi-Fi category is estimated to contribute the largest share in the smart home market owing to convenience and speed for fata communication along with easy accessibility from any devices, cost-effective, and easy to integrate, thus spearheading the market growth.
Insight by Sales Channel
• Direct
• Indirect
The indirect sales channel category is likely to take the lead in the smart home industry amidst COVID-19 outbreak. Smart home devices are sold in both online and offline ways through indirect sales channels. Offline sales channels include third-party cellular network operators, distributors, retailers, and value-added resellers. E-commerce solutions are used for online sales channels. People have begun to use online mode more often as a result of lockdowns in many places throughout the world.
During the pandemic, the demand for online outlets has skyrocketed. Companies provide product setup and installation services, allowing customers to buy things online with confidence. Furthermore, third-party delivery companies have begun to take extra steps in order to encourage customers to buy without fear of becoming infected, thus driving the growth of the market.
Global Smart Home Market Report Coverage
|
Report Metric |
Details |
|
Historical Period |
2018 - 2023 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025 - 2030 |
|
Market Size in 2023 |
U.S.D. 85.5 Billion |
|
Revenue Forecast in 2030 |
U.S.D. 142.2 Billion |
|
Growth Rate |
12.5% |
|
Segments Covered in the Report |
By Software & Services, By Product, By Technology, and By Sales Channel |
|
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
|
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Industry Dynamics
Smart Home Market Industry Trends
Growth of voice assistant technology for high-end automated households, advent of air quality sensor devices that monitor volatile organic compounds (VOCs), and increased usage of video-enabled drones are all emerging trends that have a direct impact on the smart home industry's dynamics.
Increasing Adoption: The adoption of smart home technology has been steadily increasing as more consumers recognize the benefits of interconnected devices and the convenience they offer. The proliferation of smartphones and the growing popularity of voice assistants like Amazon Alexa and Google Assistant have contributed to this adoption.
Connectivity and Interoperability: Interconnectivity and interoperability are crucial factors for the success of smart home systems. Standardization efforts, such as the Zigbee and Z-Wave protocols, help ensure that devices from different manufacturers can work together seamlessly. Additionally, wireless technologies like Wi-Fi, Bluetooth, and NFC enable easy connectivity between devices.
Smart Home Market Growth Drivers
Voice control has become a popular interface for smart home devices. Virtual assistants like Amazon Alexa, Google Assistant, and Apple Siri allow users to control various smart home devices using voice commands, enhancing user experience and convenience. Smart home security systems have gained significant traction. These systems typically include smart locks, video doorbells, security cameras, and motion sensors, providing homeowners with remote monitoring and control over their home security. This technology offers opportunities for energy management and conservation. Users can control lighting, heating, cooling, and appliances remotely, optimizing energy usage and reducing utility bills. Additionally, smart meters and energy monitoring systems provide real-time energy consumption data to help users make informed decisions. Smart home devices are increasingly being integrated with the Internet of Things (IoT) and artificial intelligence (AI). This enables devices to learn user preferences and adapt to their needs over time. AI algorithms can analyze data collected by smart devices to provide personalized recommendations and automate routine tasks.
Smart Home Market Restraints
Key factors impeding the growth of the global smart home market is the concern related to breach of security and privacy and the huge cost involved in the setting of smart homes. As smart home devices collect and transmit personal data privacy and data security are too major concerns. Manufacturers and service providers are focusing on implementing robust security measures to protect user information and prevent unauthorized access. Common hacking tools may be susceptible to smart home devices as personal information, physical safety, medical care and houses are all stored virtually on the cloud, the risk of hackers are misusing this information limiting the market expansion of the smart home industry.
Smart Home Market Opportunities
Dimmers, timers, occupancy sensors, daylight sensors, and relays are among the devices available in the lighting control market that can be integrated with home automation systems via wired and wireless technologies. Also, to enable automated operations, lighting controllers must be externally integrated with communication protocols. This is projected to result in a significant increase in demand for such solutions, providing potential for smart home market participants. Incorporating IoT and connectivity into lighting systems ushers in a new era with a slew of new opportunities and value propositions.
Furthermore, the increased emphasis to offer energy-efficient solutions, a surge in investment for smart home security devices, and rising penetration of IoT, z-wave, Wi-Fi, Bluetooth technology will also create ample market opportunities for the market development of the global smart home market.
Smart Home Market Geographic Overview
North America contributes the largest share in the smart home market due to the increased manufacturing capacity, rising demand for reliable home energy management, improved home security levels, and integration of smart devices will proliferate the market growth for smart homes in the region Furthermore, increased business expansion opportunities and consumer awareness about smart homes will propel the growth in the region.
Global Smart Home Market, By Region
Asia-Pacific is observed to witness fastest growth in the global smart home market during the forecast period. Consumer electronics, internet infrastructure, economic growth, and increased disposable income are all experiencing a significant increase in the Asia Pacific region. Several infrastructure projects, such as India's smart city, are luring smart home players with several growth potential. Smart technologies, particularly smart speakers and smart lighting systems, are increasingly appealing to young consumers. This is helping the smart home market in Asia Pacific to flourish. Furthermore, governments' encouragement of energy-efficient devices through incentives and subsidies is aiding the growth of the APAC smart home market.
Smart Home Market Competitive Insight
The industry players are investing in novel product designs, expanding their customer base globally, and leveraging strategic collaborations to enhance their market share and profitability. Thus, the smart home market is moderately fragmented where industry players are leveraging market growth by offering automated products like MES and DCS. The major firms are developing connected devices and providing users with M2 smart solutions and services. This device improves customer service and accessibility while also contributing to market expansion.
Siemens AG is a German manufacturer of industrial equipment. It is a well-known provider of industrial, manufacturing, and home automation systems. Building automation systems, like networks using specific lustre terminals or wireless controls for lights, window blinds, heaters, and power outlets, are among Siemens' smart home solutions. Desigo, Synco, GAMMA, and Apogee are some of the automation solutions offered by Siemens Smart Home systems. Siemens' home automation system includes alarm monitoring, household appliances, HVAC, security system and gadgets, customized information delivery, home media content, healthcare and wellness or physical fitness, education, and energy consumption management.
Honeywell Home Automation is a cutting-edge home automation system that controls all of the primary aspects that affect comfort, security, and energy consumption, such as heating, lighting, curtains and blinds, security systems, and power outlets.
Resideo provides top-of-the-line home automation products, such as smart thermostats, security cameras, and more, to help put up the greatest smart home system possible.
Recent Development by Key Players
Legrand (global specialist and leading single-source supplier of electrical wiring solutions) is offering smart lighting from the radiant Collection with new Matter-enabled Wi-Fi smart devices. This new generation of the Smart Lighting with Wi-Fi line shall bring the Matter standard to light switches, dimmers, and outlets as part of a continued commitment to innovation in smart lighting which is designed to connect directly to a home’s Wi-Fi network, the Matter-enabled devices are controlled with any number of approved Matter controllers including the latest from Amazon, Google, Apple, and Samsung.
Schneider Electric and Samridhi Group has signed Memorandum of Understanding MoU for sustainable smart homes. With this partnership Samriddhi Group shall create energy-efficient and environmentally positive residential spaces powered by a plethora of products from Schneider Electric that combines electrical, multimedia and telecommunications technologies into a single user-friendly smart home solution.
Key Players Covered in the Report
The major industry players operating in the smart home industry include Honeywell International Inc., Legrand, ABB Ltd., Siemens AG, Schneider Electric SE, United Technologies Corporation, Ingersoll Rand PLC, Johnson Controls Inc., Samsung Electronics Co. Ltd., Acuity Brands, Inc., Crestron Electronics, Inc., and Nest Labs Inc.
The Smart Home Market report includes a comprehensive market segmentation analysis as well as projections for the analysis period 2025-2030.
Segments Covered in the Report
- By Software & Services
- Behavioral
- Proactive
- By Product
- Lighting Control System
- Timers
- Sensors
- Dimmers
- Others
- Entertainment and Other Controls
- Home Theater System Control
- Multimedia Control
- Others
- Smart Home Healthcare
- Smart Home Appliance
- Smart Kitchen Appliance
- Smart Refrigerator
- Smart Dishwasher
- Smart Washing Machine
- HVAC Control
- Smart Speaker
- Smart Furniture
- Security & Access Control
- Fingerprint Recognition
- Facial Recognition
- Audio-Video Surveillance
- Others
- Lighting Control System
By Technology
- Bluetooth
- Wi-Fi
- GSM/GPRS
- RFID
- Others
- By Sales Channel
- Direct
- Indirect
Region Covered in the Report
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries
.png "Smart Home Market Size and Market Analysis")
Source: VynZ Research
1. Research Overview
1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Software & Services
1.2.2. By Product
1.2.3. By Technology
1.2.4. By Sales Channel
1.2.5. By Region
1.3. Research Phases
1.4. Limitations
1.5. Research Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit
2. Executive Summary
3. Industry Overview
3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
4. Global Market Estimate and Forecast
4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030
5. Market Segmentation Estimate and Forecast
5.1. By Software & Services
5.1.1. Behavioral
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. Proactive
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.2. By Product
5.2.1. Lighting Control System
5.2.1.1. Market Definition
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. Entertainment and Other Controls
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.2.3. Smart Home Healthcare
5.2.3.1. Market Definition
5.2.3.2. Market Estimation and Forecast to 2030
5.2.4. Smart Home Appliance
5.2.4.1. Market Definition
5.2.4.2. Market Estimation and Forecast to 2030
5.2.5. HVAC Control
5.2.5.1. Market Definition
5.2.5.2. Market Estimation and Forecast to 2030
5.2.6. Smart Speaker
5.2.6.1. Market Definition
5.2.6.2. Market Estimation and Forecast to 2030
5.2.7. Smart Furniture
5.2.7.1. Market Definition
5.2.7.2. Market Estimation and Forecast to 2030
5.2.8. Security & Access Control
5.2.8.1. Market Definition
5.2.8.2. Market Estimation and Forecast to 2030
5.3. By Technology
5.3.1. Bluetooth
5.3.1.1. Market Definition
5.3.1.2. Market Estimation and Forecast to 2030
5.3.2. Wi-Fi
5.3.2.1. Market Definition
5.3.2.2. Market Estimation and Forecast to 2030
5.3.3. GSM/GPRS
5.3.3.1. Market Definition
5.3.3.2. Market Estimation and Forecast to 2030
5.3.4. RFID
5.3.4.1. Market Definition
5.3.4.2. Market Estimation and Forecast to 2030
5.3.5. Others
5.3.5.1. Market Definition
5.3.5.2. Market Estimation and Forecast to 2030
5.4. By Sales Channel
5.4.1. Direct
5.4.1.1. Market Definition
5.4.1.2. Market Estimation and Forecast to 2030
5.4.2. Indirect
5.4.2.1. Market Definition
5.4.2.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast
6.1. By Software & Services
6.2. By Product
6.3. By Technology
6.4. By Sales Channel
6.5. By Country
6.5.1. U.S. Market Estimate and Forecast
6.5.2. Canada Market Estimate and Forecast
6.5.3. Mexico Market Estimate and Forecast
7. Europe Market Estimate and Forecast
7.1. By Software & Services
7.2. By Product
7.3. By Technology
7.4. By Sales Channel
7.5. By Country
7.5.1. Germany Market Estimate and Forecast
7.5.2. France Market Estimate and Forecast
7.5.3. U.K. Market Estimate and Forecast
7.5.4. Italy Market Estimate and Forecast
7.5.5. Spain Market Estimate and Forecast
7.5.6. Russia Market Estimate and Forecast
7.5.7. Rest of Europe Market Estimate and Forecast
8. Asia-Pacific Market Estimate and Forecast
8.1. By Software & Services
8.2. By Product
8.3. By Technology
8.4. By Sales Channel
8.5. By Country
8.5.1. China Market Estimate and Forecast
8.5.2. Japan Market Estimate and Forecast
8.5.3. India Market Estimate and Forecast
8.5.4. South Korea Market Estimate and Forecast
8.5.5. Rest of Asia-Pacific Market Estimate and Forecast
9. Rest of the World (RoW) Market Estimate and Forecast
9.1. By Software & Services
9.2. By Product
9.3. By Technology
9.4. By Sales Channel
9.5. By Country
9.5.1. Brazil Market Estimate and Forecast
9.5.2. Saudi Arabia Market Estimate and Forecast
9.5.3. South Africa Market Estimate and Forecast
9.5.4. U.A.E. Market Estimate and Forecast
9.5.5. Other Countries Market Estimate and Forecast
10. Company Profiles
10.1. Honeywell International Inc.
10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. Siemens AG
10.2.1. Snapshot
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. Schneider Electric SE
10.3.1. Snapshot
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. Johnson Controls Inc.
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. Samsung Electronics Co. Ltd.
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. Legrand
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7. ABB
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10.8. Acuity Brands, Inc.
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. Crestron Electronics, Inc.
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.10. United Technologies Corporation
10.10.1. Snapshot
10.10.2. Overview
10.10.3. Offerings
10.10.4. Financial Insight
10.10.5. Recent Developments
10.11. Ingersoll Rand PLC
10.11.1. Snapshot
10.11.2. Overview
10.11.3. Offerings
10.11.4. Financial Insight
10.11.5. Recent Developments
10.12. Nest Labs Inc.
10.12.1. Snapshot
10.12.2. Overview
10.12.3. Offerings
10.12.4. Financial Insight
10.12.5. Recent Developments
11. Appendix
11.1. Exchange Rates
11.2. Abbreviations
Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.
List of Tables
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Smart Home Market Size, by Software & Services, 2018 - 2023 (USD Billion)
Table 5 Global Smart Home Market Size, by Software & Services, 2025 - 2030 (USD Billion)
Table 6 Global Smart Home Market Size, by Product, 2018 - 2023 (USD Billion)
Table 7 Global Smart Home Market Size, by Product, 2025 - 2030 (USD Billion)
Table 8 Global Smart Home Market Size, by Technology, 2018 - 2023 (USD Billion)
Table 9 Global Smart Home Market Size, by Technology, 2025 - 2030 (USD Billion)
Table 10 Global Smart Home Market Size, by Sales Channel, 2018 - 2023 (USD Billion)
Table 11 Global Smart Home Market Size, by Sales Channel, 2025 - 2030 (USD Billion)
Table 12 Global Smart Home Market Size, by Region, 2018 - 2023 (USD Billion)
Table 13 Global Smart Home Market Size, by Region, 2025 - 2030 (USD Billion)
Table 14 North America Smart Home Market Size, by Software & Services, 2018 - 2023 (USD Billion)
Table 15 North America Smart Home Market Size, by Software & Services, 2025 - 2030 (USD Billion)
Table 16 North America Smart Home Market Size, by Product, 2018 - 2023 (USD Billion)
Table 17 North America Smart Home Market Size, by Product, 2025 - 2030 (USD Billion)
Table 18 North America Smart Home Market Size, by Technology, 2018 - 2023 (USD Billion)
Table 19 North America Smart Home Market Size, by Technology, 2025 - 2030 (USD Billion)
Table 20 North America Smart Home Market Size, by Sales Channel, 2018 - 2023 (USD Billion)
Table 21 North America Smart Home Market Size, by Sales Channel, 2025 - 2030 (USD Billion)
Table 22 North America Smart Home Market Size, by Country, 2018 - 2023 (USD Billion)
Table 23 North America Smart Home Market Size, by Country, 2025 - 2030 (USD Billion)
Table 24 Europe Smart Home Market Size, by Software & Services, 2018 - 2023 (USD Billion)
Table 25 Europe Smart Home Market Size, by Software & Services, 2025 - 2030 (USD Billion)
Table 26 Europe Smart Home Market Size, by Product, 2018 - 2023 (USD Billion)
Table 27 Europe Smart Home Market Size, by Product, 2025 - 2030 (USD Billion)
Table 28 Europe Smart Home Market Size, by Technology, 2018 - 2023 (USD Billion)
Table 29 Europe Smart Home Market Size, by Technology, 2025 - 2030 (USD Billion)
Table 30 Europe Smart Home Market Size, by Sales Channel, 2018 - 2023 (USD Billion)
Table 31 Europe Smart Home Market Size, by Sales Channel, 2025 - 2030 (USD Billion)
Table 32 Europe Smart Home Market Size, by Country, 2018 - 2023 (USD Billion)
Table 33 Europe Smart Home Market Size, by Country, 2025 - 2030 (USD Billion)
Table 34 Asia-Pacific Smart Home Market Size, by Software & Services, 2018 - 2023 (USD Billion)
Table 35 Asia-Pacific Smart Home Market Size, by Software & Services, 2025 - 2030 (USD Billion)
Table 36 Asia-Pacific Smart Home Market Size, by Product, 2018 - 2023 (USD Billion)
Table 37 Asia-Pacific Smart Home Market Size, by Product, 2025 - 2030 (USD Billion)
Table 38 Asia-Pacific Smart Home Market Size, by Technology, 2018 - 2023 (USD Billion)
Table 39 Asia-Pacific Smart Home Market Size, by Technology, 2025 - 2030 (USD Billion)
Table 40 Asia-Pacific Smart Home Market Size, by Sales Channel, 2018 - 2023 (USD Billion)
Table 41 Asia-Pacific Smart Home Market Size, by Sales Channel, 2025 - 2030 (USD Billion)
Table 42 Asia-Pacific Smart Home Market Size, by Country, 2018 - 2023 (USD Billion)
Table 43 Asia-Pacific Smart Home Market Size, by Country, 2025 - 2030 (USD Billion)
Table 44 RoW Smart Home Market Size, by Software & Services, 2018 - 2023 (USD Billion)
Table 45 RoW Smart Home Market Size, by Software & Services, 2025 - 2030 (USD Billion)
Table 46 RoW Smart Home Market Size, by Product, 2018 - 2023 (USD Billion)
Table 47 RoW Smart Home Market Size, by Product, 2025 - 2030 (USD Billion)
Table 48 RoW Smart Home Market Size, by Technology, 2018 - 2023 (USD Billion)
Table 49 RoW Smart Home Market Size, by Technology, 2025 - 2030 (USD Billion)
Table 50 RoW Smart Home Market Size, by Sales Channel, 2018 - 2023 (USD Billion)
Table 51 RoW Smart Home Market Size, by Sales Channel, 2025 - 2030 (USD Billion)
Table 52 RoW Smart Home Market Size, by Country, 2018 - 2023 (USD Billion)
Table 53 RoW Smart Home Market Size, by Country, 2025 - 2030 (USD Billion)
Table 54 Snapshot – Honeywell International Inc.
Table 55 Snapshot – Siemens AG
Table 56 Snapshot – Schneider Electric SE
Table 57 Snapshot – Johnson COntrols Inc.
Table 58 Snapshot – Samsung Electronics Co. Ltd.
Table 59 Snapshot – Legrand
Table 60 Snapshot – ABB
Table 61 Snapshot – Acuity Brands, Inc.
Table 62 Snapshot – Crestron Electronics, Inc.
Table 63 Snapshot – United Technologies Corporation
Table 64 Snapshot – Ingersoll Rand PLC
Table 65 Snapshot – Nest Labs Inc.
List of Figures
Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Smart Home Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Smart Home Market Highlight
Figure 12 Global Smart Home Market Size, by Software & Services, 2018 - 2030 (USD Billion)
Figure 13 Global Smart Home Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 14 Global Smart Home Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 15 Global Smart Home Market Size, by Sales Channel, 2018 - 2030 (USD Billion)
Figure 16 Global Smart Home Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 17 North America Smart Home Market Highlight
Figure 18 North America Smart Home Market Size, by Software & Services, 2018 - 2030 (USD Billion)
Figure 19 North America Smart Home Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 20 North America Smart Home Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 21 North America Smart Home Market Size, by Sales Channel, 2018 - 2030 (USD Billion)
Figure 22 North America Smart Home Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 23 Europe Smart Home Market Highlight
Figure 24 Europe Smart Home Market Size, by Software & Services, 2018 - 2030 (USD Billion)
Figure 25 Europe Smart Home Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 26 Europe Smart Home Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 27 Europe Smart Home Market Size, by Sales Channel, 2018 - 2030 (USD Billion)
Figure 28 Europe Smart Home Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific Smart Home Market Highlight
Figure 30 Asia-Pacific Smart Home Market Size, by Software & Services, 2018 - 2030 (USD Billion)
Figure 31 Asia-Pacific Smart Home Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 32 Asia-Pacific Smart Home Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 33 Asia-Pacific Smart Home Market Size, by Sales Channel, 2018 - 2030 (USD Billion)
Figure 34 Asia-Pacific Smart Home Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 35 RoW Smart Home Market Highlight
Figure 36 RoW Smart Home Market Size, by Software & Services, 2018 - 2030 (USD Billion)
Figure 37 RoW Smart Home Market Size, by Product, 2018 - 2030 (USD Billion)
Figure 38 RoW Smart Home Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 39 RoW Smart Home Market Size, by Sales Channel, 2018 - 2030 (USD Billion)
Figure 40 RoW Smart Home Market Size, by Country, 2018 - 2030 (USD Billion)
Global Smart Home Market Coverage
Software & Services Insight and Forecast 2025 – 2030
- Behavioral
- Proactive
Product Insight and Forecast 2025 - 2030
- Lighting Control System
- Timers
- Sensors
- Dimmers
- Others
- Entertainment and Other Controls
- Home Theater System Control
- Multimedia Control
- Others
- Smart Home Healthcare
- Smart Home Appliance
- Smart Kitchen Appliance
- Smart Refrigerator
- Smart Dishwasher
- Smart Washing Machine
- HVAC Control
- Smart Speaker
- Smart Furniture
- Security & Access Control
- Fingerprint Recognition
- Facial Recognition
- Audio-Video Surveillance
- Others
Technology Insight and Forecast 2025 - 2030
- Bluetooth
- Wi-Fi
- GSM/GPRS
- RF
- Others
Sales Channel Insight and Forecast 2025 – 2030
- Direct
- Indirect
Geographical Segmentation
Smart Home Market by Region
North America
- By Software & services
- By Product
- By Technology
- By Sales Channel
- By Country – U.S., Canada, and Mexico
Europe
- By Software & services
- By Product
- By Technology
- By Sales Channel
- By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
Asia-Pacific (APAC)
- By Software & services
- By Product
- By Technology
- By Sales Channel
- By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
Rest of the World (RoW)
- By Software & services
- By Product
- By Technology
- By Sales Channel
- By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
Vynz Research know in your business needs, you required specific answers pertaining to the market, Hence, our experts and analyst can provide you the customized research support on your specific needs.
After the purchase of current report, you can claim certain degree of free customization within the scope of the research.
Please let us know, how we can serve you better with your specific requirements to your research needs. Vynz research promises for quick reversal for your current business requirements.
Purchase Options
Latest Report
Research Methodology
- Desk Research / Pilot Interviews
- Build Market Size Model
- Research and Analysis
- Final Deliverabvle
Connect With Our Sales Team
- Toll-Free: 1 888 253 3960
- Phone: +91 9960 288 381
- Email: enquiry@vynzresearch.com
Global Smart Home Market – Analysis and Forecast (2025 - 2030)
- The Global Smart Home market will grow from USD 85.5 billion to USD 142.2 billion at a CAGR of 12.5%.
- The market is segmented by software and services, products, technology, and sales channels. Each segment is further divided into different subsections with varied growth prospects.
- The market growth drivers include better wireless connectivity, convenience through virtual assistants, growing popularity of smart security systems, and integration of advanced technologies like AI and IoT.
- The market growth is hindered by security privacy concerns, high setup costs, and risks of cloud storage and data collection. However, opportunities lie in integration of sensors into home automation, growing demand, and energy efficiency.
- North America leads due to higher demand for security, better energy management, and tech development. Asia-Pacific will grow due to the expansion of consumer electronics sector, rise in smart city projects, growing adoption of smart technologies, and government incentives.