India Smart Home Market Size & Outlook, 2026-2033
The smart home market in India is expected to reach a projected revenue of US$ 33,454.3 million by 2030. A compound annual growth rate of 31.6% is expected of India smart home market from 2025 to 2030.
Revenue, 2025 (US$M)
$6,426.4
Estimate, 2026 (US$M)
$10,040.0
Forecast, 2033 (US$M)
$33,454.3
CAGR, 2026 - 2033
31.6%
Global Market
Related Markets
India smart home market highlights
- The India smart home market generated a revenue of USD 6,426.4 million in 2024 and is expected to reach USD 33,454.3 million by 2030.
- The India market is expected to grow at a CAGR of 31.6% from 2025 to 2030.
- In terms of segment, security & access controls was the largest revenue generating product in 2024.
- Home Healthcare 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 6,426.4 million |
| Market revenue in 2030 | USD 33,454.3 million |
| Growth rate | 31.6% (CAGR from 2025 to 2030) |
| Largest segment | Security & access controls |
| Fastest growing segment | Home Healthcare |
| 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, India accounted for 5.0% 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 Asia Pacific, China smart home market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 33,454.3 million by 2030.
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Publish Date: Jun 10, 2026
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Smart Home Market Scope
Smart Home Market segmentation & 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 |
India 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 55.02% in 2024.
Horizon Databook has segmented the India 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.
- India 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
- India Smart Home Market Protocols Outlook (Revenue, USD Million , 2021-2033)
- Hybrid
- Wireless Protocols
- Wired Protocols
- India 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 India Smart Home Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Smart Home Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
India Smart Home Market, 2021-2033 (US$M)
India smart home market statistics, by product, 2021-2033 (US$M)
