South Africa Smart Thermostat Market Size & Outlook
South Africa smart thermostat market, 2018-2030 (US$M)
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South Africa smart thermostat market highlights
- The South Africa smart thermostat market generated a revenue of USD 15.9 million in 2024 and is expected to reach USD 43.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 18.9% from 2025 to 2030.
- In terms of segment, wi-fi was the largest revenue generating technology in 2024.
- LoRaWAN is the most lucrative technology segment registering the fastest growth during the forecast period.
Smart thermostat market data book summary
| Market revenue in 2024 | USD 15.9 million |
| Market revenue in 2030 | USD 43.5 million |
| Growth rate | 18.9% (CAGR from 2025 to 2030) |
| Largest segment | Wi-fi |
| Fastest growing segment | LoRaWAN |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wi-Fi, Zigbee, LoRaWAN |
| Key market players worldwide | Centrica PLC, Snap One Holdings Corp, Generac Holdings Inc, Emerson Electric Co, Alphabet Inc Class A, Honeywell International Inc, Johnson Controls International PLC, Resideo Technologies Inc, Siemens AG |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.3% of the global smart thermostat market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia smart thermostat market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 70.6 million by 2030.
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Smart Thermostat Market Scope
Smart Thermostat Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa smart thermostat 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 thermostat market will help companies and investors design strategic landscapes.
Wi-fi was the largest segment with a revenue share of 81.13% in 2024. Horizon Databook has segmented the South Africa smart thermostat market based on wi-fi, zigbee, lorawan covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of smart thermostats is steadily increasing in South Africa. In country, the development of smart cities is poised to shape the future of urbanization. These technologically advanced urban areas are designed to boost economic growth, upgrade infrastructure, and improve the overall quality of life for a significant population.
Different smart city initiatives focus on sustainable urban planning to reduce environmental impact and enhance resource efficiency. This approach includes the adoption of energy-efficient infrastructure and adherence to green building standards aimed at lowering carbon emissions and strengthening resilience to climate change.
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Our clientele includes a mix of smart thermostat 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa smart thermostat market , including forecasts for subscribers. This country databook contains high-level insights into South Africa smart thermostat market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa smart thermostat market size, by technology, 2018-2030 (US$M)
South Africa Smart Thermostat Market Outlook Share, 2024 & 2030 (US$M)
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