ICT
Global Smart Home Market to 2032
Revenue, 2024 (USD Million)
184,789.64
Forecast, 2032 (USD Million)
608,487.00
CAGR, 2024 - 2032
14.88%
Report Coverage
Global
Global Smart Home Market 2018-2032 USD Million
Global Smart Home Market, Overview (2024-2032)
Market Growth and Projections:
- Market Size (2024): 184,789.64 USD Million
- Projected Market Size (2032): 608,487.00 USD Million
- CAGR (2024-2032): 14.88%
Key Findings of Global Smart Home Market
- The Global Smart Home Market is likely to grow at a CAGR of 14.88% during the forecast period of 2024 to 2032.
- Global Smart Home Marketsize was valued at 184,789.64 USD Million in 2024.
- In 2024, Wireless segment dominated the market with the largest market share.
- Security and Access Control in the product segment is expected to witness the fastest growth during the forecast period.
Global Smart Home Market Scope
Global Smart Home Market Segmentation & Scope
Product Type
- Others
- Home Healthcare
- Smart Furniture
- Lighting Control
- Smart Kitchen
- Home Appliances
- HVAC Control
- Security and Access Control
- Entertainment Controls
Type
- Wired
- Wireless
Software & Service
- Proactive
- Behavioral
Global Smart Home Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 184,789.64 USD Million |
| Market Value in 2032 | 608,487.00 USD Million |
| CAGR (2024-2032) | 14.88% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product Type,Type,Software & Service |
| Largest Segment | Wireless |
| Fastest Growing Segment | Security and Access Control |
| Major Players | Robert Bosch GmbH , SAMSUNG, Siemens, General Electric, others, Resideo Technologies, Inc., Haier Group |
Market Segmentation:
-
Product Segment:
- Largest Segment (2024): Wireless
- Fastest Growing Segment (2024-2032): Security and Access Control
Regional Insights:
-
Leading Market (2024-2032): Global
- Key Country: U.S., leading in terms of revenue and market share by 2032.
Global Smart Home Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| Robert Bosch GmbH | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| SAMSUNG | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Siemens | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| General Electric | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| others | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Resideo Technologies | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Inc. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Haier Group | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Global Smart Home Market Geographical Sales Distribution, 2018-2032 USD Million
Global Smart Home Market Company Profiling
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
Frequently Asked Questions
The Global Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
Global Smart Home Market was valued at USD 184,789.64(Revenue in USD Million) in 2020.
Global Smart Home Market is projected to grow at a CAGR of 14.88% during the forecast period of 2024 to 2032.
The estimated market value of the Global Smart Home Market for final year is USD 608,487.00 (USD Million).
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