The smart home market in the United States is expected to reach a projected revenue of US$ 84,201.1 million by 2030. A compound annual growth rate of 23.4% is expected of the United States smart home market from 2025 to 2030.
The U.S. smart home market generated a revenue of USD 23,716.2 million in 2024 and is expected to reach USD 84,201.1 million by 2030.
The U.S. market is expected to grow at a CAGR of 23.4% 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 23,716.2 million
Market revenue in 2030
USD 84,201.1 million
Growth rate
23.4% (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, U.S. accounted for 18.6% 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.
The U.S. recorded the highest market share of 72.6% in 2022. The U.S. is the major contributor to the regional market growth owing to the presence of major companies, such as Amazon.com, Inc., Google Nest (Google LLC), Honeywell International, Inc., and their large-scale investments in smart home technology.
Moreover, the trend of acquiring latest technologies in smart devices due to the high disposable income of people across the country is expected to drive the market growth. For instance, in October 2022, Google Nest (Google LLC) launched Nest Doorbell (wired), Nest Wi-Fi Pro, and an update to the Google Home App.
The new products were available in U.S. within the same month. Such advanced product development by market players is expected to drive the market growth.
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 33.96% in 2024.
Horizon Databook has segmented the U.S. 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 U.S. recorded the highest market share of 72.6% in 2022. The U.S. is the major contributor to the regional market growth owing to the presence of major companies, such as Amazon.com, Inc., Google Nest (Google LLC), Honeywell International, Inc., and their large-scale investments in smart home technology.
Moreover, the trend of acquiring latest technologies in smart devices due to the high disposable income of people across the country is expected to drive the market growth. For instance, in October 2022, Google Nest (Google LLC) launched Nest Doorbell (wired), Nest Wi-Fi Pro, and an update to the Google Home App.
The new products were available in U.S. within the same month. Such advanced product development by market players is expected to drive the market growth.
U.S. 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
U.S. Smart Home Market Protocols Outlook (Revenue, USD Million , 2021-2033)
Hybrid
Wireless Protocols
Wired Protocols
U.S. 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 U.S. Smart Home Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Smart Home Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.