Global Smart Home Automation Market Size & Outlook
Global smart home automation market, 2018-2030 (US$M)
Related Markets
Global smart home automation market highlights
- The global smart home automation market generated a revenue of USD 80,320.8 million in 2022 and is expected to reach USD 546,753.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 27.1% by 2030.
- In terms of segment, security & access controls accounted for a revenue of USD 24,007.7 million in 2022.
- Home Healthcare is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 80,320.8 million |
| Market revenue in 2030 | USD 546,753.0 million |
| Growth rate | 27.1% (CAGR from 2022 to 2030) |
| Largest segment | Security & access controls |
| Fastest growing segment | Home Healthcare |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Security & Access Controls, Lighting Control, Entertainment Devices, HVAC, Smart Kitchen Appliances, Home Appliances, Smart Furniture, Home Healthcare, Smart Speakers, Other Devices |
Other key industry trends
- In terms of revenue, the North America accounted for 36.4% of the global smart home automation market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 119,183.6 million by 2030.
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Smart Home Automation Market Scope
Smart Home Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart home automation 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 automation market will help companies and investors design strategic landscapes.
Security & access controls was the largest segment with a revenue share of 29.89% in 2022. Horizon Databook has segmented the Global smart home automation market based on security & access controls, lighting control, entertainment devices, hvac, smart kitchen appliances, home appliances, smart furniture, home healthcare, smart speakers, other devices covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Home Automation Product Outlook (Revenue, USD Million, 2018-2030)
- Security & Access Controls
- Security Cameras
- Video Door Phones
- Smart Locks
- Remote Monitoring Software & Services
- Others
- Lighting Control
- Smart Lights
- Relays & Switches
- Occupancy Sensors
- Dimmers
- Other Products
- Entertainment Devices
- Smart Displays/TV
- Streaming Devices
- Sound bars and Speakers
- Hub/Central Control
- HVAC
- Smart Thermostats
- Sensors
- Smart Vents
- Others
- Smart Kitchen Appliances
- Refrigerators
- Dish Washers
- Cooktops
- Microwave/ovens
- Home Appliances
- Smart Washing Machines
- Smart Water Heaters
- Smart Vacuum Cleaners
- Smart Furniture
- Home Healthcare
- Smart Speakers
- Other Devices
- Security & Access Controls
- Global Smart Home Automation Protocols Outlook (Revenue, USD Million, 2018-2030)
- Wireless Protocols
- Zigbee
- Wi-Fi
- Bluetooth
- Z Wave
- Others
- Wired Protocols
- Hybrid
- Wireless Protocols
- Global Smart Home Automation Application Outlook (Revenue, USD Million, 2018-2030)
- New Construction
- Retrofit
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Target buyers of Global smart home automation market databook
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Our clientele includes a mix of smart home automation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global smart home automation market , including forecasts for subscribers. This global databook contains high-level insights into Global smart home automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global smart home automation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Smart home automation market size, 2022 (US$M)
Global smart home automation market share, by product, 2022 & 2030 (%, US$M)
Smart home automation market: Opportunity assessment by country
Global smart home automation market, by region, 2022 (US$M)
Related regional statistics
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