Global Smart Home Appliances Market Size & Outlook

The smart home appliances industry worldwide is expected to reach a projected revenue of US$ 58,506.6 million by 2030. A compound annual growth rate of 9.2% is expected of the worldwide smart home appliances industry from 2023 to 2030.
Revenue, 2022 (US$M)
$29,034.6
Forecast, 2030 (US$M)
$58,506.6
CAGR, 2023 - 2030
9.2%
Report Coverage
Worldwide

Global smart home appliances market highlights

  • The global smart home appliances market generated a revenue of USD 29,034.6 million in 2022 and is expected to reach USD 58,506.6 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 9.2% by 2030.
  • In terms of segment, smart washing machines accounted for a revenue of USD 10,245.1 million in 2022.
  • Smart Air Purifiers 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 2022.
  • Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 29,034.6 million
Market revenue in 2030USD 58,506.6 million
Growth rate9.2% (CAGR from 2022 to 2030)
Largest segmentSmart washing machines
Fastest growing segmentSmart Air Purifiers
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmart Washing Machines, Smart Air Purifiers, Smart TV

Other key industry trends

  • In terms of revenue, the North America accounted for 28.4% of the global smart home appliances market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 398.5 million by 2030.

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Smart Home Appliances Market Scope

Smart Home Appliances Market Companies

Name Profile # Employees HQ Website

Global smart home appliances 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 appliances market will help companies and investors design strategic landscapes.


Smart washing machines was the largest segment with a revenue share of 35.29% in 2022. Horizon Databook has segmented the Global smart home appliances market based on smart washing machines, smart air purifiers, smart tv covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Smart Home Appliances Product Outlook (Revenue, USD Million, 2017-2030)
    • Smart Washing Machines
    • Smart Air Purifiers
    • Smart TV
    • Others
  • Global Smart Home Appliances Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
    • Online
    • Offline

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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart home appliances market , including forecasts for subscribers. This global databook contains high-level insights into Global smart home appliances market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global smart home appliances market size, by region, 2017-2030 (US$M)

Top 10 countries: Smart home appliances market size, 2022 (US$M)

Global smart home appliances market share, by product, 2022 & 2030 (%, US$M)

Smart home appliances market: Opportunity assessment by country

Global smart home appliances market, by region, 2022 (US$M)

Global smart home appliances market size, by region, 2017-2030 (US$M)

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