Canada Smart Home Market Size & Outlook, 2026-2033
Global Market
Related Markets
Canada smart home market highlights
- The Canada smart home market generated a revenue of USD 9,072.7 million in 2024 and is expected to reach USD 33,628.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 24.3% from 2025 to 2030.
- In terms of segment, security & access controls was the largest revenue generating product in 2024.
- Smart Kitchen Appliances is the most lucrative product segment registering the fastest growth during the forecast period.
Smart home market data book summary
| Market revenue in 2024 | USD 9,072.7 million |
| Market revenue in 2030 | USD 33,628.6 million |
| Growth rate | 24.3% (CAGR from 2025 to 2030) |
| Largest segment | Security & access controls |
| Fastest growing segment | Smart Kitchen Appliances |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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 |
| Key market players worldwide | LG Electronics Inc ADR, Siemens AG, Amazon.com Inc, Alphabet Inc Class A, Samsung Electronics Co Ltd, Schneider Electric SE, Legrand SA, Bosch, Assa Abloy AB Class B, Sony Group Corp, ABB Ltd, Koninklijke Philips NV, Honeywell International Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 7.1% of the global smart home market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. smart home market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 33,628.6 million by 2030.
Canada is anticipated to be the highest growing region in North America with a CAGR of 23.1% over the forecast period. The growth is attributed to the constantly improving technology along with the growing adoption of smart home technology in the country.
For instance, in July 2023, Telus Corporation, a Canadian multinational company, achieved a smart home milestone with over a million customers in Canada. The company has been regularly updating and developing its home security business and enhancing its customer experience, which is driving the smart home market growth in the region.
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Publish Date: Jun 10, 2026
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Smart Home Market Scope
Smart Home Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| Sony Group Corp | View profile | 113,000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | www.sony.com |
| Alphabet Inc Class A | View profile | 180,895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | www.abc.xyz |
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| LG Electronics Inc ADR | View profile | 35,111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | www.lge.co.kr |
Canada 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 Outlook will help companies and investors design strategic landscapes.
Security & Access Controls was the largest segment with a revenue share of 34.62% in 2024.
Horizon Databook has segmented the Canada 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.
Canada is anticipated to be the highest growing region in North America with a CAGR of 23.1% over the forecast period. The growth is attributed to the constantly improving technology along with the growing adoption of smart home technology in the country.
For instance, in July 2023, Telus Corporation, a Canadian multinational company, achieved a smart home milestone with over a million customers in Canada. The company has been regularly updating and developing its home security business and enhancing its customer experience, which is driving the smart home market growth in the region.
- Canada Smart Home Market Product Outlook (Revenue, USD Million , 2021-2033)
- Security & Access Controls
- Smart Furniture
- Entertainment Devices
- Other Devices
- Lighting Control
- HVAC
- Smart Kitchen Appliances
- Home Appliances
- Home Healthcare
- Canada Smart Home Market Protocols Outlook (Revenue, USD Million , 2021-2033)
- Hybrid
- Wireless Protocols
- Wired Protocols
- Canada Smart Home Market Application Outlook (Revenue, USD Million , 2021-2033)
- Retrofit
- New Construction
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Smart Home Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Smart Home Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Smart Home Market, 2021-2033 (US$M)
Canada smart home market statistics, by product, 2021-2033 (US$M)
