Europe Smart Home Market to 2032
Overview
The Europe Smart Home Market is expected to reach a 183.47 USD Billion by 2032 and is projected to grow at a CAGR of 28.02% from 2025 to 2032.
Revenue, 2024 (USD Billion)
51.62
Forecast, 2032 (USD Billion)
183.47
CAGR, 2024 - 2032
28.02%
Report Coverage
Europe
Europe Smart Home Market 2018-2032 USD Billion
Europe Smart Home Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 51.62 USD Billion
- Projected Market Size (2032): 183.47 USD Billion
- CAGR (2025-2032): 28.02%
Key Findings of Europe Smart Home Market
- The Europe Smart Home Market was valued at 51.62 USD Billion in 2024.
- The Europe Smart Home Market is likely to grow at a CAGR of 28.02% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Wireless in Type Segment accounted for the largest share of the market with a revenue of 35.37 USD Billion
- The fastest growing segment Security and Access Control in Product Type Segment grew Fastest with a CAGR of 30.24% during the forecast period from 2024 to 2032.
Europe Smart Home Market Scope
Europe 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
Europe Smart Home Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 51.62 USD Billion |
| Market Value in 2032 | 183.47 USD Billion |
| CAGR (2025-2032) | 28.02% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product Type,Type,Software & Service |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 51.62 USD Billion in 2024
- Key Country: U.K., leading in terms of revenue with value of 10,479.86 USD Million in 2024.
Segments and Scope
-
Europe Smart Home Market to 2032, By Product Type
- Entertainment Controls is the largest segment in Europe Smart Home Market to 2032 with a revenue of 16.35 USD Billion in the year 2024.
- Security and Access Control is the Fastest growing segment in Europe Smart Home Market to 2032 with a Growth rate of 28.36 % in forecast period 2025-2032.
-
Europe Smart Home Market to 2032, By Type
- Wireless is the largest segment in Europe Smart Home Market to 2032 with a revenue of 35.37 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in Europe Smart Home Market to 2032 with a Growth rate of 28.37 % in forecast period 2025-2032.
-
Europe Smart Home Market to 2032, By Software & Service
- Behavioral is the largest segment in Europe Smart Home Market to 2032 with a revenue of 34.54 USD Billion in the year 2024.
- Proactive is the Fastest growing segment in Europe Smart Home Market to 2032 with a Growth rate of 27.46 % in forecast period 2025-2032.
Europe Smart Home Market Company Share Analysis
| Company Name |
|
||
| Robert Bosch GmbH | |||
| SAMSUNG | |||
| Siemens | |||
| General Electric | |||
| Resideo Technologies, Inc. | |||
Europe Smart Home Market Geographical Sales Distribution, 2018-2032 USD Billion
Europe Smart Home Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
Europe Smart Home Market was valued at USD 51.62(Revenue in USD Billion) in 2020.
Europe Smart Home Market is projected to grow at a CAGR of 28.02% during the forecast period of 2024 to 2032.
The Wireless segment is expected to dominate the Europe Smart Home Market, holding a largest market share of 35.37 USD Billion in 2024
Europe Smart Home Market Scope
Europe 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
Frequently Asked Questions
The Europe Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
Europe Smart Home Market was valued at USD 51.62(Revenue in USD Billion) in 2020.
Europe Smart Home Market is projected to grow at a CAGR of 28.02% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Smart Home Market for final year is USD 183.47 (USD Billion).
Europe Smart Home Market Company Profiling
Frequently Asked Questions
The Europe Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
Europe Smart Home Market was valued at USD 51.62(Revenue in USD Billion) in 2020.
Europe Smart Home Market is projected to grow at a CAGR of 28.02% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Smart Home Market for final year is USD 183.47 (USD Billion).
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