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The homes and buildings industry recorded a robust 8.6% growth in 2022, driven by demand for facility management services, smart home devices, customer experience platforms, and construction management solutions. Increasing adoption of internet of things (IoT) and artificial intelligence (AI)-driven smart building solutions also contributed to the ...

This research study delves into the smart homes market with insightful analysis of near-future trends that will shape and drive its growth in 2024. The smart homes market is undergoing a multilayered evolution and is poised for robust growth in 2024. Factors driving this growth include the rising demand for smart home devices providing safety, secu...

The smart home-as-a-service market has experienced accelerated growth since 2020, driven by increasing consumer demand for connected, convenient, and secure home experiences. Advancements in Internet of Things-enabled smart devices, artificial intelligence, and cloud delivery models have made smart home solutions more accessible and affordable for ...

The smart and connected homes market is developing quickly and attracting a wide range of companies. Enabled by the Internet of Things (IoT), the journey towards smart and connected homes depends heavily on end user acceptance. This is a crucial factor for market participants to gain customer trust based on value propositions and suitable regional ...

The homes and buildings industry’s future is technology enabled. Recovery from the COVID-19 pandemic combined with decarbonization challenges will accelerate the use of digital building technologies. Heightened awareness about a safe and healthy environment will prompt the use of the internet of things (IoT), artificial intelligence (AI) applicatio...

The smart home market is entering a period of rapid evolution driven by new technologies, shifting consumer needs, and increasing convergence across energy, automation, and wellness solutions. This report highlights the top 6 growth opportunities that will shape the industry in 2026. These include interoperability and standards at scale, the expans...

07 Jan 2025  |  Global  |  Market Outlook

Top 7 Growth Opportunities in Smart Homes, 2025

Intelligent HEMS and Integration with EVs are New Priorities in the Connected Living Ecosystem

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This study delves into the smart homes market with insightful analysis of near-future trends that will shape and drive its growth in 2025. Smart homes are gaining momentum, as interest in connected living has increased since the end of COVID-19 lockdowns due to rapid residential development and gradual digitalization adoption in home systems, such ...

The global smart homes market is projected to reach $405.94 billion by 2030 at a compound annual growth rate of 9.3% from 2024, fueled by demand for convenience, energy efficiency, security, and comfort, alongside rising disposable incomes, urbanization, and the proliferation of IoT-enabled devices. Falling prices and simplified DIY installation ar...

This research study provides a post-pandemic trend analysis of the smart homes market, highlighting information on the growth of connected devices, regional trends, consumer preferences, and other key indicators. Smart and connected homes have an evolving, dynamic market poised for strong growth in the next 5 years. The primary drivers of this mark...