The global 𝐒đĻ𝐚đĢ𝐭 𝐇𝐨đĻ𝐞 𝐌𝐚đĢ𝐤𝐞𝐭 is projected to reach 𝐔𝐒𝐃 𝟒𝟔𝟐.𝟗𝟒 𝐛đĸđĨđĨđĸ𝐨𝐧 by 2030, growing at a 𝐜𝐨đĻ𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚đĨ 𝐠đĢ𝐨𝐰𝐭𝐡 đĢ𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟏𝟗.𝟒%. This growth is significantly driven by rising disposable incomes, which enable consumers to invest in smart technologies that improve their quality of life.
The global 𝐒đĻ𝐚đĢ𝐭 𝐇𝐨đĻ𝐞 𝐌𝐚đĢ𝐤𝐞𝐭 is projected to reach 𝐔𝐒𝐃 𝟒𝟔𝟐.𝟗𝟒 𝐛đĸđĨđĨđĸ𝐨𝐧 by 2030, growing at a 𝐜𝐨đĻ𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚đĨ 𝐠đĢ𝐨𝐰𝐭𝐡 đĢ𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟏𝟗.𝟒%. This growth is significantly driven by rising disposable incomes, which enable consumers to invest in smart technologies that improve their quality of life.
Smart Home Market Size and Share | Statistics – 2030
The smart home market was valued at USD 121.36 Bn in 2023, and is expected to reach USD 462.94 Bn by 2030, due to the growing penetration of IoT devices.
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