PUBLISHER: Roots Analysis | PRODUCT CODE: 1921892
PUBLISHER: Roots Analysis | PRODUCT CODE: 1921892
As per Roots Analysis, the global home automation market size is estimated to grow from USD 76.12 billion in the current year USD 278.22 billion by 2035, at a CAGR of 12.5% during the forecast period, till 2035.

The opportunity for home automation market has been distributed across the following segments:
Type of Product
Type of Technology
Type of Application
Type of End User
Geographical Regions
Home Automation Market: Growth and Trends
Home automation refers to the intelligent management of various household functions, ranging from security and comfort to overall well-being, through the integration of advanced technologies. These systems are designed to automate, monitor, and optimize the performance of connected smart devices. Rising energy costs have been a major driver behind consumers' shift toward smart lighting and connected home appliances, both of which play a vital role in efficient energy management.
This early innovation could create shopping lists, regulate household temperatures, and control certain appliances. In contrast, modern home automation has evolved substantially with advancements in smart technologies such as locks, thermostats, security cameras, control hubs, and integrated automation software. These systems now offer enhanced functionality and convenience, significantly broadening the growth potential of the home automation market.
A defining feature of today's smart home systems is their ability to be seamlessly managed through mobile apps, automated settings, or voice commands via assistants like Alexa and Google Home Mini. This interconnectivity has further stimulated consumer interest and adoption. The continued benefits of home automation-in terms of convenience, safety, comfort, and accessibility-remain strong motivators for market expansion. To capitalize on these opportunities, manufacturers are introducing intelligent devices with advanced functionalities and integrated management capabilities. Consequently, the global home automation market is expected to experience substantial growth, propelled by the increasing integration of IoT technologies and ongoing advancements in smart device innovation.
Home Automation Market: Key Segments
Based on type of product, the global home automation market is segmented into dimmers, home theater systems, smart air conditioning systems, smart furniture, smart kitchens, smart locks, smart washers/dryers, switches, video surveillance, and others. According to our estimates, currently, the smart lights segment captures the majority of the market share. This can be attributed to their easy installation, energy efficiency, and remote control capabilities.
However, the smart air conditioning systems segment is expected to grow at a higher CAGR during the forecast period. This increase is driven by the rising concerns about building and home security are driving greater adoption of smart cameras, alarm systems, and connected locks that enable real-time monitoring and instant alerts.
Based on type of technology, the global home automation market is segmented into wired systems and wireless systems. According to our estimates, currently, the wireless systems technology captures the majority of the market share. This can be attributed to their key advantages, including easy installation, flexibility, and scalability, enabled through Wi-Fi and Bluetooth connectivity. However, the wired systems segment is expected to grow at a higher CAGR during the forecast period, supported by its reputation as a traditional and reliable technology.
Based on type of application, the global home automation market is segmented into entertainment control, HVAC control, lighting control, security and access control, and others. According to our estimates, currently, the security and access control segment captures the majority of the market share. This growth is primarily attributed to the increasing adoption of smart security devices such as surveillance cameras, video doorbells, and alarm systems. However, the entertainment control segment is expected to grow at a higher CAGR during the forecast period, driven by the rising popularity of smart TVs and speakers equipped with voice command functionality and smartphone-based control features.
Based on type of end user, the global home automation market is segmented into residential and commercial. According to our estimates, currently, the residential sector captures the majority of the market share. This dominance is primarily driven by the rising consumer inclination toward smart home appliances that enhance convenience and comfort. However, the commercial segment is expected to grow at a higher CAGR during the forecast period.
Based on geographical regions, the home automation market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently North America captures the majority share of the market. However, the market in Asia is expected to grow at a higher CAGR during the forecast period. This can be attributed to the rapid urbanization and industrialization, particularly in countries such as China and India.
Home Automation Market: Research Coverage
The report on the home automation market features insights on various sections, including:
Key Questions Answered in this Report
Reasons to Buy this Report
Additional Benefits