France Smart Home Market Size & Outlook, 2023-2030
France smart home market, 2018-2030 (US$M)
Related Markets
France smart home market highlights
- The France smart home market generated a revenue of USD 3,447.5 million in 2023 and is expected to reach USD 15,519.5 million by 2030.
- The France market is expected to grow at a CAGR of 24% from 2024 to 2030.
- In terms of segment, security & access controls was the largest revenue generating product in 2023.
- Smart Kitchen Appliances is the most lucrative product segment registering the fastest growth during the forecast period.
Smart home market data book summary
| Market revenue in 2023 | USD 3,447.5 million |
| Market revenue in 2030 | USD 15,519.5 million |
| Growth rate | 24% (CAGR from 2023 to 2030) |
| Largest segment | Security & access controls |
| Fastest growing segment | Smart Kitchen Appliances |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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, Other Devices |
| 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, France accounted for 3.4% of the global smart home market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK smart home market is projected to lead the regional market in terms of revenue in 2030.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 13,900.0 million by 2030.
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Smart Home Market Scope
Smart Home Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 will help companies and investors design strategic landscapes.
Security & access controls was the largest segment with a revenue share of 29.16% in 2023. Horizon Databook has segmented the France smart home market based on security & access controls, lighting control, entertainment devices, hvac, smart kitchen appliances, home appliances, smart furniture, home healthcare, other devices covering the revenue growth of each sub-segment from 2018 to 2030.
France recorded a market share of 14% in 2022. The growth of the smart home market in France is attributed to factors such as increasing connectivity, rising affluence, and a strong emphasis on energy efficiency. Government incentives and security concerns have also played a role in encouraging the adoption of smart home technologies.
As the population ages, there is a growing interest in smart home solutions that cater to the needs of senior citizens, which is expected to boost the smart home market demand over the forecast period.
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Our clientele includes a mix of smart home market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the France smart home market , including forecasts for subscribers. This country databook contains high-level insights into France smart home market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France smart home market size, by product, 2018-2030 (US$M)
France Smart Home Market Outlook Share, 2023 & 2030 (US$M)
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