Global Smart Home Monitoring Devices Market Size & Outlook
Global smart home monitoring devices market, 2021-2033 (US$M)
Global smart home monitoring devices market highlights
- The global smart home monitoring devices market generated a revenue of USD 2,073.5 million in 2024 and is expected to reach USD 8,514.2 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 17.2% by 2033.
- In terms of segment, wi-fi accounted for a revenue of USD 2,383.7 million in 2024.
- Wi-Fi is the most lucrative communication technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
Global data book summary
| Market revenue in 2024 | USD 2,073.5 million |
| Market revenue in 2033 | USD 8,514.2 million |
| Growth rate | 17.2% (CAGR from 2025 to 2033) |
| Largest segment | Wi-fi |
| Fastest growing segment | Wi-Fi |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wi-Fi |
Other key industry trends
- In terms of revenue, the North America accounted for 27.3% of the global smart home monitoring devices market in 2024.
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Smart Home Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Signify | View profile | 10001+ | Amsterdam, Noord-Holland, The Netherlands, Europe | https://www.signify.com |
| Yale | View profile | 10001+ | Monroe, North Carolina, United States, North America | https://www.yalehome.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
Global smart home monitoring devices 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 monitoring devices market will help companies and investors design strategic landscapes.
Wi-fi was the largest segment with a revenue share of 114.96% in 2024. Horizon Databook has segmented the Global smart home monitoring devices market based on wi-fi covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Smart Home Monitoring Devices Communication Technology Outlook (Revenue, USD Million, 2021-2033)
- Wi-Fi
- Zigbee
- Z-Wave
- Bluetooth
- Others
- Global Smart Home Monitoring Devices Component Outlook (Revenue, USD Million, 2021-2033)
- Hardware
- Service
- Software
- Global Smart Home Monitoring Devices Product Type Outlook (Revenue, USD Million, 2021-2033)
- Smart Thermostats
- Smart Light Bulbs
- Energy Monitoring Devices
- Smart Appliances
- Others
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Our clientele includes a mix of smart home monitoring devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart home monitoring devices market , including forecasts for subscribers. This global databook contains high-level insights into Global smart home monitoring devices market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Global smart home monitoring devices market size, by regions, 2021-2033 (US$M)
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