PUBLISHER: TechNavio | PRODUCT CODE: 1915275
PUBLISHER: TechNavio | PRODUCT CODE: 1915275
The global smart home market is forecasted to grow by USD 315391.7 mn during 2025-2030, accelerating at a CAGR of 24.1% during the forecast period. The report on the global smart home market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing consumer interest in home automation, growing adoption of IoT devices, availability of wide range of smart home products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 20.2% |
| CAGR | 24.1% |
| Incremental Value | $315391.7 mn |
Technavio's global smart home market is segmented as below:
By Application
By Technology
By Distribution Channel
Geography
This study identifies the rising number of strategic partnerships and alliances among companies as one of the prime reasons driving the global smart home market growth during the next few years. Also, advancements in AI and voice-controlled automation homes and growing smartphone penetration and increasing internet speed will lead to sizable demand in the market.
The report on the global smart home market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global smart home market vendors that include ABB Ltd., Amazon.com Inc., Apple Inc., Carrier Global Corp., Delta Electronics Inc., Google LLC, Hitachi Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Johnson Controls International, Legrand SA, LG Electronics Inc., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Schneider Electric SE, Siemens AG, TP Link Corp. Ltd., Vivint Inc., Xiaomi Corp.. Also, the global smart home market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.