Global Smart Home Automation Market Size & Outlook
Global smart home automation market, 2018-2030 (US$M)
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Global smart home automation market highlights
- The global smart home automation market generated a revenue of USD 80,320.8 million in 2022 and is expected to reach USD 546,753.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 27.1% by 2030.
- In terms of segment, security & access controls accounted for a revenue of USD 24,007.7 million in 2022.
- Home Healthcare is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 80,320.8 million |
| Market revenue in 2030 | USD 546,753.0 million |
| Growth rate | 27.1% (CAGR from 2022 to 2030) |
| Largest segment | Security & access controls |
| Fastest growing segment | Home Healthcare |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Security & Access Controls, Lighting Control, Entertainment Devices, HVAC, Smart Kitchen Appliances, Home Appliances, Smart Furniture, Home Healthcare, Smart Speakers, Other Devices |
Other key industry trends
- In terms of revenue, the North America accounted for 36.4% of the global smart home automation market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 119,183.6 million by 2030.
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Smart Home Automation Market Scope
Smart Home Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Snap One Holdings Corp | View profile | 1610 | 1800 Continental Boulevard, Suite 200, Charlotte, NC, United States, 28273 | https://www.snapone.com |
| Crestron Electronics | View profile | 1001-5000 | Rockleigh, New Jersey, United States, North America | http://www.crestron.com |
| Lutron Electronics | View profile | 1001-5000 | Coopersburg, Pennsylvania, United States, North America | http://www.lutron.com/ |
| Legrand SA | View profile | 33910 | 128, Avenue de Lattre de Tassigny, Cedex, Limoges, France, 87045 | https://www.legrand.com |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| Leviton Manufacturing | View profile | 10001+ | Melville, New York, United States, North America | https://www.leviton.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
Global smart home automation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart home automation market will help companies and investors design strategic landscapes.
Security & access controls was the largest segment with a revenue share of 29.89% in 2022. Horizon Databook has segmented the Global smart home automation market based on security & access controls, lighting control, entertainment devices, hvac, smart kitchen appliances, home appliances, smart furniture, home healthcare, smart speakers, other devices covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Home Automation Product Outlook (Revenue, USD Million, 2018-2030)
- Entertainment Devices
- Streaming Devices
- Hub/Central Control
- Sound bars and Speakers
- Smart Displays/TV
- Smart Kitchen Appliances
- Dish Washers
- Microwave/ovens
- Refrigerators
- Cooktops
- Home Appliances
- Smart Water Heaters
- Smart Vacuum Cleaners
- Smart Washing Machines
- Lighting Control
- Relays & Switches
- Other Products
- Occupancy Sensors
- Smart Lights
- Dimmers
- HVAC
- Smart Thermostats
- Sensors
- Smart Vents
- Others
- Smart Furniture
- Home Healthcare
- Smart Speakers
- Security & Access Controls
- Remote Monitoring Software & Services
- Others
- Video Door Phones
- Security Cameras
- Smart Locks
- Other Devices
- Entertainment Devices
- Global Smart Home Automation Protocols Outlook (Revenue, USD Million, 2018-2030)
- Wireless Protocols
- Bluetooth
- Z Wave
- Zigbee
- Others
- Wi-Fi
- Hybrid
- Wired Protocols
- Wireless Protocols
- Global Smart Home Automation Application Outlook (Revenue, USD Million, 2018-2030)
- New Construction
- Retrofit
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Target buyers of Global smart home automation market databook
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Our clientele includes a mix of smart home automation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart home automation market , including forecasts for subscribers. This global databook contains high-level insights into Global smart home automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global smart home automation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Smart home automation market size, 2022 (US$M)
Global smart home automation market share, by product, 2022 & 2030 (%, US$M)
Smart home automation market: Opportunity assessment by country
Global smart home automation market, by region, 2022 (US$M)
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