Market Overview:
The latest report published by VynZ Research, Global Smart Home Market – Analysis and Forecast (2025 - 2030), offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.
From USD 85.5 billion in 2023, the Global Smart Home Market size is projected to reach USD 142.2 billion by 2030, registering a CAGR of 12.5% during the forecast period. Smart Home refers to the technology that integrates network-connected devices. This improves living standards and reduces workloads. These systems allow better energy management, security, and convenience due to accessible features. The growth of the smart home market is attributed to the growing demand and adoption in residences, offices, and entrainment spaces. However, the growth trajectory is pulled back by challenges like supply chain disruptions and lower production resulting in limited adoption. Still, the development in IoT gadgets and growing preference for a convenient living and affordability are offering novel growth opportunities.
Growth Drivers
The convenience of using voice control and commands through smart home devices or virtual assistants like Amazon Alexa, Google Assistant, and Apple Siri is a key factor that influences the growth of the global smart home market. Moreover, other smart devices such as smart locks, video doorbells, cameras, and motion sensors, offer better security with remote monitoring and controlling ability, which has further increased their demand and facilitated market promotion. Users now have reduced utility bills due to better management and control of heating, cooling, lighting, and appliances, resulting in higher adoption and market growth.
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Smart Home Market 2025-2030 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the Smart Home Market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Honeywell International Inc.
Siemens AG
Schneider Electric SE
Johnson Controls Inc.
Samsung Electronics Co. Ltd.
Legrand
ABB Ltd.
Acuity Brands Inc.
Crestron Electronics Inc.
United Technologies Corporation
Ingersoll Rand PLC
Nest Labs Inc.
Key Market Segmentation:
Software & Services Insight and Forecast 2025 – 2030
Behavioral
Proactive
Product Insight and Forecast 2025 - 2030
Lighting Control System
Timers
Sensors
Dimmers
Others
Entertainment and Other Controls
Home Theater System Control
Multimedia Control
Others
Smart Home Healthcare
Smart Home Appliance
Smart Kitchen Appliance
Smart Refrigerator
Smart Dishwasher
Smart Washing Machine
HVAC Control
Smart Speaker
Smart Furniture
Security & Access Control
Fingerprint Recognition
Facial Recognition
Audio-Video Surveillance
Others
Technology Insight and Forecast 2025 - 2030
Bluetooth
Wi-Fi
GSM/GPRS
RF
Others
Sales Channel Insight and Forecast 2025 – 2030
Direct
Indirect
Explore Full Report with TOC & List of Figure:
Key Highlights of the Report:
Market Performance (2018-2023)
Base Year 2024
Market Outlook (2025-2030)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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