Global Smart Home Market Size & Outlook, 2025-2030
Global smart home market, 2018-2030 (US$M)
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Global smart home market highlights
- The global smart home market generated a revenue of USD 127,798.8 million in 2024 and is expected to reach USD 537,275.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 27% by 2030.
- In terms of segment, security & access controls accounted for a revenue of USD 47,134.6 million in 2024.
- Home Healthcare is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 127,798.8 million |
| Market revenue in 2030 | USD 537,275.3 million |
| Growth rate | 27% (CAGR from 2025 to 2030) |
| Largest segment | Security & access controls |
| Fastest growing segment | Home Healthcare |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Security & Access Controls, Entertainment Devices, HVAC, Home Appliances, Home Healthcare, Smart Furniture, Other Devices, Lighting Control, Smart Kitchen Appliances |
Other key industry trends
- In terms of revenue, the North America accounted for 25.7% of the global smart home market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 33,454.3 million by 2030.
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Smart Home Market Scope
Smart Home Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Legrand SA | View profile | 33910 | 128, Avenue de Lattre de Tassigny, Cedex, Limoges, France, 87045 | https://www.legrand.com |
| Assa Abloy AB Class B | View profile | 61282 | Klarabergsviadukten 90, P.O. Box 70340, Stockholm, Sweden, SE-107 23 | https://www.assaabloy.com |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.bosch.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.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 |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Global smart home 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 market will help companies and investors design strategic landscapes.
Security & access controls was the largest segment with a revenue share of 36.88% in 2024. Horizon Databook has segmented the Global smart home market based on security & access controls, entertainment devices, hvac, home appliances, home healthcare, smart furniture, other devices, lighting control, smart kitchen appliances covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Home Product Outlook (Revenue, USD Million, 2018-2030)
- Security & Access Controls
- Security Cameras
- Remote Monitoring Software & Services
- Video Door Phones
- Others
- Smart Locks
- Smart Furniture
- Entertainment Devices
- Streaming Devices
- Smart Displays/TV
- Sound bars and Speakers
- Other Devices
- Lighting Control
- Other Products
- Relays & Switches
- Smart Lights
- Occupancy Sensors
- Dimmers
- HVAC
- Others
- Smart Vents
- Smart Thermostats
- Sensors
- Smart Kitchen Appliances
- Dish Washers
- Microwave/ovens
- Refrigerators
- Cooktops
- Home Appliances
- Smart Water Heaters
- Smart Vacuum Cleaners
- Smart Washing Machines
- Home Healthcare
- Security & Access Controls
- Global Smart Home Protocols Outlook (Revenue, USD Million, 2018-2030)
- Hybrid
- Wireless Protocols
- Wi-Fi
- Zigbee
- Bluetooth
- Others
- Z Wave
- Wired Protocols
- Global Smart Home Application Outlook (Revenue, USD Million, 2018-2030)
- Retrofit
- New Construction
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Target buyers of Global smart home market databook
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Our clientele includes a mix of smart home market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global smart home market , including forecasts for subscribers. This global databook contains high-level insights into Global smart home market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global smart home market size, by regions, 2018-2030 (US$M)
Top 10 countries: Smart home market size, 2024 (US$M)
Global smart home market share, by product, 2024 & 2030 (%, US$M)
Smart home market: Opportunity assessment by country
Global smart home market, by region, 2024 (US$M)
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