Smart Home Size

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SKU: IRTNTR40286

Smart Home Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, Spain, UK), Middle East and Africa , APAC (China, India, Japan), South America , and Rest of World (ROW)

Published : Jan 2025
Pages: 215

Overview

The smart home market size was valued at USD 65.95 bn in 2020-2024. The market is expected to witness robust growth at a CAGR of 17 % during the forecast period 2020-2024. The market sizing has been built and validated using multiple demand-side and supply-side approaches for a detailed understanding of the smart home market.

The size of the global smart home market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Alphabet Inc., Allegion Plc, Amazon.com Inc., Apple Inc., ASSA ABLOY AB, General Electric Co., Honeywell International Inc., Panasonic Corp., Samsung Electronics Co Ltd., and Schneider Electric SE.