Middle East & Africa Smart Home Market Size & Outlook
The smart home market in Middle East & Africa is expected to reach a projected revenue of US$ 55,353.3 million by 2030. A compound annual growth rate of 28.7% is expected of Middle East & Africa smart home market from 2025 to 2030.
The MEA smart home market generated a revenue of USD 12,134.4 million in 2024.
The market is expected to grow at a CAGR of 28.7% 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.
Country-wise, Nigeria is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
Market revenue in 2024
USD 12,134.4 million
Market revenue in 2030
USD 55,353.3 million
Growth rate
28.7% (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
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, MEA region accounted for 9.5% of the global smart home market in 2024.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 231,037.6 million by 2030.
The Middle East and Africa (MEA) region is anticipated to grow at the CAGR of 27.7% during the forecast period from 2023 to 2030. This is attributed to the growing awareness and subsequently the adoption of niche technology products across the region.
For instance, in October 2022, Samsung Electronics launched the SmartThings Home in Dubai, United Arab Emirates, marking the Middle East's inaugural Multi Device Experience venue. Visitors have the opportunity to explore 15 distinct SmartThings scenarios, each filled with functionalities precisely constructed to uplift the everyday lives of residents in the Middle East.
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 37.61% in 2024.
Horizon Databook has segmented the Middle East & Africa 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.
The Middle East and Africa (MEA) region is anticipated to grow at the CAGR of 27.7% during the forecast period from 2023 to 2030. This is attributed to the growing awareness and subsequently the adoption of niche technology products across the region.
For instance, in October 2022, Samsung Electronics launched the SmartThings Home in Dubai, United Arab Emirates, marking the Middle East's inaugural Multi Device Experience venue. Visitors have the opportunity to explore 15 distinct SmartThings scenarios, each filled with functionalities precisely constructed to uplift the everyday lives of residents in the Middle East.
Middle East & Africa 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
Middle East & Africa Smart Home Market Protocols Outlook (Revenue, USD Million , 2021-2033)
Hybrid
Wireless Protocols
Wired Protocols
Middle East & Africa Smart Home Market Application Outlook (Revenue, USD Million , 2021-2033)
Retrofit
New Construction
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Smart Home Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Smart Home Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Middle East Africa Smart Home Market, 2021-2033 (US$M)