PUBLISHER: The Business Research Company | PRODUCT CODE: 1760434
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760434
Voice artificial intelligence (AI) in smart homes refers to the integration of AI-powered voice recognition systems that allow users to control and interact with various smart devices using natural spoken commands. By understanding and processing human speech, Voice AI improves user convenience, accessibility, and personalization within smart home environments, making daily tasks more seamless and intuitive.
The primary voice AI devices in smart homes include smart speakers and assistants, smart displays, smart thermostats and environmental control systems, smart lighting, smart security devices, and more. Smart speakers and assistants are voice-activated devices that leverage AI to perform tasks, answer questions, control smart devices, and provide information through natural language interaction. These devices utilize various technologies including natural language processing (NLP), machine learning, deep learning, edge computing, and on-device processing. They can be deployed both on the cloud and on-premises.
The voice AI in smart homes market research report is one of a series of new reports from The Business Research Company that provides voice AI in smart homes market statistics, including voice AI in smart homes industry global market size, regional shares, competitors with a voice AI in smart homes market share, detailed voice AI in smart homes market segments, market trends and opportunities, and any further data you may need to thrive in the voice AI in smart homes industry. This voice AI in smart homes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The voice AI in smart homes market size has grown exponentially in recent years. It will grow from $13.56 billion in 2024 to $20.09 billion in 2025 at a compound annual growth rate (CAGR) of 48.2%. The growth during the historic period can be attributed to the rising consumer demand, the growing adoption of IoT devices, the expansion of smart home automation, advancements in natural language processing, and an increased focus on convenience and energy efficiency.
The voice AI in smart homes market size is expected to see exponential growth in the next few years. It will grow to $95.86 billion in 2029 at a compound annual growth rate (CAGR) of 47.8%. The growth during the forecast period can be attributed to the increasing integration of AI with smart appliances, the rising adoption of voice-enabled virtual assistants, growing investments in home automation technologies, the expanding use of voice for personalized user experiences, and advancements in AI and machine learning algorithms. Key trends for the forecast period include progress in multilingual voice recognition, enhanced voice security features for smart homes, innovations in seamless device integration, developments in voice-driven health monitoring, and improvements in natural language processing for more accurate interactions.
The growing consumer demand for automation is expected to drive the growth of the voice AI in smart homes market in the coming years. Automation refers to the use of machines or systems to perform tasks without human intervention, improving efficiency and consistency. This demand is rising due to the increasing desire for convenience, as automated systems streamline daily activities and save time by handling routine tasks independently. The demand for automation is fueling the need for voice AI in smart homes, as consumers seek hands-free control to easily manage multiple devices and functions with simple voice commands, enhancing comfort and efficiency. For example, in June 2023, the International Federation of Robotics, based in Germany, reported that 27 member states installed nearly 72,000 robotic units in 2022, a 6% increase, with Europe accounting for 26,000 units, or 37% of total EU installations. Thus, the growing demand for automation will propel the expansion of the voice AI in smart homes market.
Leading companies in the voice AI in smart homes market are developing cutting-edge solutions, such as AI-powered interactive toys, designed to boost both learning and entertainment. These toys, embedded with artificial intelligence, can interact with users through speech, movement, and adaptive responses, providing personalized and immersive play experiences. For example, in March 2025, Agora Inc., a US-based software company, launched the ConvoAI Device Kit, a conversational AI toolkit tailored for internet of things (IoT) devices. A key feature of the ConvoAI Device Kit is its integration of Beken's high-performance AI chip modules with Agora's advanced Conversational AI technology, which enables ultra-low latency voice interactions and intelligent real-time dialogue processing. This powerful combination enhances the interactivity, intuitiveness, and emotional responsiveness of AI-powered interactive toys and robots, allowing them to engage in natural, lifeincluding conversations that offer more immersive and engaging experiences for users.
In November 2024, LG Electronics (LG), a South Korea-based leader in voice AI for smart homes, entered into a partnership with Tenstorrent to develop advanced systems and system-on-chips (SoCs) for the global market. This collaboration enables LG to enhance its capabilities in designing AI chips specifically tailored for its diverse products and services, aligning with its vision of Affectionate Intelligence. The partnership supports LG's ongoing commitment to driving AI-powered innovation across smart home solutions, home appliances, future mobility, and commercial sectors. By combining in-house semiconductor expertise with strategic collaborations with global tech leaders, LG aims to strengthen its position in the AI space. Tenstorrent is a US-based company specializing in computing technology.
Major players in the voice ai in smart homes market are Amazon.com Inc., Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Comcast Corporation, Huawei Technologies Co. Ltd., Siemens AG, Lenovo Group Limited, LG Electronics Inc., Orange S.A., GE Appliances a Haier company, Signify N.V., Bose Corporation, Sonos Inc., Miele & Cie. KG, Crestron Electronics Inc., Arlo Technologies Inc., SimpliSafe Inc., Control4 Corporation, Ecobee Inc., Wyze Labs Inc., and Harman International Industries Inc.
North America was the largest region in the voice AI in smart homes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in voice AI in smart homes report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the voice AI in smart homes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The voice AI in smart homes market consists of revenues earned by entities by providing services such as home security management, personal assistant services, and accessibility assistance. The market value includes the value of related goods sold by the service provider or included within the service offering. The voice AI in smart homes market also includes sales of voice-activated smart plugs, smart locks, smart streaming devices, and robot vacuums. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Voice AI In Smart Homes Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on voice ai in smart homes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for voice ai in smart homes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The voice ai in smart homes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.