Published by VLMS GLOBAL Consulting INC
Posted on October 4, 2021
6 min readLast updated: January 31, 2026
The Smart Home Market is set to grow by 2028, driven by smart devices and energy-saving needs, with key players like Johnson Controls.
Report “Smart Home Market with Products (Lighting Control, Security and Access Control, HVAC Control, Smart Speakers, Smart Kitchens, Smart Furniture), Software and Services, Sales Channels and COVID-19 Impact Analysis by Region-2028 Global Forecast, growing from $ XX billion in 2021 and expected to reach $ XX billion in 2028. It is expected to grow at a CAGR of XX% between 2021 and 2028. The increase in Internet users and the use of smart devices, coupled with the growing need for energy-saving and low-carbon emission solutions, was crucial. Increasing demand for smart home systems. In addition, factors such as the growing importance of remote home monitoring and growing concerns about the safety, security and convenience of the general public are driving the growth of the smart home market.
This market research analyzes market conditions, market share, growth rates, future trends, market momentum, opportunities and challenges, sales channels, and distributors. All statistical and numerical data calculated using the most established tools are represented in graphs and tables for the best user experience and clear understanding. You can use this smart home market report to discover general market conditions, existing trends, and trends in this industry.
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The report covers the following key players in the Smart Home Market:
General Electric Company
Siemens AG
Honeywell International, Inc.
Johnson Controls, Inc.
Legrand S.A.
Acuity Brands, Inc.
By the software and services, the market is primarily split into:
Proactive
Behavioral
By the application, this report covers the following segments:
Home Appliances
Home Healthcare
Smart Kitchen
HVAC Control
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Smart Home Market Report Scope
| Report Attribute | Details |
| Market size available for years | 2021–2028 |
| Base year considered | 2020 |
| Historical data | 2017–2019 |
| Forecast Period | 2021–2028 |
| Quantitative units | Revenue in USD million and CAGR from 2021 to 2028 |
| Segments Covered | Types, Applications, and more. |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Customization scope | Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
Smart Home Market Geographic Analysis:
This research study draws on multiple layers of data including business analysis (industry trends), high-level market share analysis, supply chain analysis, and brief company profiles that together provide and analyze fundamental perspectives on the competitive landscape. High growth business growth trends and segments, high growth countries, market forces, controls, market drivers, market restrictions and drivers, and restraints. This is the most recent study that includes a strategic assessment as well as an in-depth review of the market plans, approaches, brands and manufacturing capabilities of the world’s leading industry leaders.
– North America (USA, Canada, Mexico)
– Europe (Great Britain, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
– Asia Pacific (China, Japan, South Korea, ASEAN, India, rest of Asia Pacific)
– Latin America (Brazil, rest of LA)
– Middle East and Africa (Turkey, CCG, rest of the Middle East)
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Why the Smart Home Market Report is beneficial?
This in-depth study also includes a detailed description and interpretation of each chapter of the analysis. In order to give the users of this study a detailed insight into the Smart Home Market industry, we have provided a comprehensive competitive landscape as well as a product inventory of the most important suppliers in different regions. Each chapter of the review is also defined and interpreted in detail in this systematic report. In order to provide users of this factsheet and a detailed overview of the Smart Home Market industry, we have created a broad competitive landscape as well as a product summary of the major suppliers in various geographic economies.
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The main topic is the growth and key players in the Smart Home Market from 2021 to 2028.
What factors are driving the Smart Home Market growth?
Which regions are covered in the Smart Home Market analysis?
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