North America Smart Home Market to 2032
Overview
The North America Smart Home Market is expected to reach a 251.34 USD Billion by 2032 and is projected to grow at a CAGR of 29.27% from 2025 to 2032.
Revenue, 2024 (USD Billion)
67.31
Forecast, 2032 (USD Billion)
251.34
CAGR, 2024 - 2032
29.27%
Report Coverage
North America
North America Smart Home Market 2018-2032 USD Billion
North America Smart Home Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 67.31 USD Billion
- Projected Market Size (2032): 251.34 USD Billion
- CAGR (2025-2032): 29.27%
Key Findings of North America Smart Home Market
- The North America Smart Home Market was valued at 67.31 USD Billion in 2024.
- The North America Smart Home Market is likely to grow at a CAGR of 29.27% 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 45.26 USD Billion
- The fastest growing segment Security and Access Control in Product Type Segment grew Fastest with a CAGR of 32.16% during the forecast period from 2024 to 2032.
North America Smart Home Market Scope
North America Smart Home Market Segmentation & Scope
Type
- Wired
- Wireless
Software & Service
- Proactive
- Behavioral
Product Type
- Others
- Home Healthcare
- Smart Furniture
- Lighting Control
- Smart Kitchen
- Home Appliances
- HVAC Control
- Security and Access Control
- Entertainment Controls
North America Smart Home Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 67.31 USD Billion |
| Market Value in 2032 | 251.34 USD Billion |
| CAGR (2025-2032) | 29.27% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Software & Service,Product Type |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 67.31 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 55,265.52 USD Million in 2024.
Segments and Scope
-
North America Smart Home Market to 2032, By Type
- Wireless is the largest segment in North America Smart Home Market to 2032 with a revenue of 45.26 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in North America Smart Home Market to 2032 with a Growth rate of 29.56 % in forecast period 2025-2032.
-
North America Smart Home Market to 2032, By Software & Service
- Behavioral is the largest segment in North America Smart Home Market to 2032 with a revenue of 44.38 USD Billion in the year 2024.
- Proactive is the Fastest growing segment in North America Smart Home Market to 2032 with a Growth rate of 28.76 % in forecast period 2025-2032.
-
North America Smart Home Market to 2032, By Product Type
- Entertainment Controls is the largest segment in North America Smart Home Market to 2032 with a revenue of 19.43 USD Billion in the year 2024.
- Security and Access Control is the Fastest growing segment in North America Smart Home Market to 2032 with a Growth rate of 30.98 % in forecast period 2025-2032.
North America Smart Home Market Company Share Analysis
| Company Name |
|
||
| Robert Bosch GmbH | |||
| SAMSUNG | |||
| Siemens | |||
| General Electric | |||
| Resideo Technologies, Inc. | |||
North America Smart Home Market Geographical Sales Distribution, 2018-2032 USD Billion
North America Smart Home Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Smart Home Market is segmented based on Segmentation Type,Software & Service,Product Type.
North America Smart Home Market was valued at USD 67.31(Revenue in USD Billion) in 2020.
North America Smart Home Market is projected to grow at a CAGR of 29.27% during the forecast period of 2024 to 2032.
The Wireless segment is expected to dominate the North America Smart Home Market, holding a largest market share of 45.26 USD Billion in 2024
North America Smart Home Market Scope
North America Smart Home Market Segmentation & Scope
Type
- Wired
- Wireless
Software & Service
- Proactive
- Behavioral
Product Type
- Others
- Home Healthcare
- Smart Furniture
- Lighting Control
- Smart Kitchen
- Home Appliances
- HVAC Control
- Security and Access Control
- Entertainment Controls
Frequently Asked Questions
The North America Smart Home Market is segmented based on Segmentation Type,Software & Service,Product Type.
North America Smart Home Market was valued at USD 67.31(Revenue in USD Billion) in 2020.
North America Smart Home Market is projected to grow at a CAGR of 29.27% during the forecast period of 2024 to 2032.
The estimated market value of the North America Smart Home Market for final year is USD 251.34 (USD Billion).
North America Smart Home Market Company Profiling
Frequently Asked Questions
The North America Smart Home Market is segmented based on Segmentation Type,Software & Service,Product Type.
North America Smart Home Market was valued at USD 67.31(Revenue in USD Billion) in 2020.
North America Smart Home Market is projected to grow at a CAGR of 29.27% during the forecast period of 2024 to 2032.
The estimated market value of the North America Smart Home Market for final year is USD 251.34 (USD Billion).
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