Smart Home Market Size, Share & Industry Analysis, By Application (Retrofit and New Construction), By Protocol (Wired and Wireless), By Device Type (Safety & Security Access Control, Home Appliances, HVAC, Lighting Control, Smart Entertainment Devices, Smart Kitchen Appliances, and Others), and Regional Forecast, 2025 – 2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 23.1% from 2025 to 2032

Unit

Value (USD Billion)

Segmentation

By Application

• Retrofit
• New Construction

By Protocol

• Wired
• Wireless

By Device Type

• Safety & Security Access Control
  • Security Cameras
  • Smart Door Locks
  • Remote Monitoring Software & Services
• Home Appliances
  • Smart Water Heaters
  • Smart Washing Machines
  • Smart Vacuum Cleaners
• HVAC
  • Smart Thermostats
  • Sensors
  • Smart Vents
  • Heating & Cooling Coils
  • Others (Control Valves, etc.)
• Lighting Control
  • Smart Lights
  • Dimmers
  • Occupancy Sensors
  • Switches
  • Others (Accessories, etc.)
• Smart Entertainment Devices
  • Smart Displays/TV
  • Sound Bars & Speakers
  • Others (Other Streaming devices, etc.)
• Smart Kitchen Appliances
  • Refrigerators
  • Dish Washers
  • Microwave/Ovens
  • Others (Kettle, Cookers, etc.)
• Others (Smart Furniture, Home Healthcare, etc.) 

By Region

• North America (By Application, By Protocol, By Device Type, and By Country)
  • U.S.
  • Canada
  • Mexico
• Europe (By Application, By Protocol, By Device Type, and By Country)
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Benelux
  • Nordics
  • Rest of Europe
• Asia Pacific (By Application, By Protocol, By Device Type, and By Country)
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • Oceania
  • Rest of Asia Pacific
• Middle East & Africa (By Application, By Protocol, By Device Type, and By Country)
  • Turkey
  • Israel
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• South America (By Application, By Protocol, By Device Type, and By Country)
  • Brazil
  • Argentina
  • Rest of South America

Companies Profiled in the Report

• Honeywell International, Inc. (U.S.)
• ABB (Switzerland)
• Johnson Controls International plc (Ireland)
• Siemens (Germany)
• Alphabet, Inc. (U.S.)
• Emerson (U.S.)
• Robert Bosch Smart HomeGmbH (Germany)
• Samsung (South Korea)
• LG Electronics (South Korea)
• Crestron Electronics, Inc. (U.S.)