South Korea Smart Home Market to 2032
Overview
The South Korea Smart Home Market is expected to reach a 25.21 USD Billion by 2032 and is projected to grow at a CAGR of 30.65% from 2025 to 2032.
Revenue, 2024 (USD Billion)
6.39
Forecast, 2032 (USD Billion)
25.21
CAGR, 2024 - 2032
30.65%
Report Coverage
South Korea
South Korea Smart Home Market 2018-2032 USD Billion
South Korea Smart Home Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6.39 USD Billion
- Projected Market Size (2032): 25.21 USD Billion
- CAGR (2025-2032): 30.65%
Key Findings of South Korea Smart Home Market
- The South Korea Smart Home Market was valued at 6.39 USD Billion in 2024.
- The South Korea Smart Home Market is likely to grow at a CAGR of 30.65% 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 4.37 USD Billion
- The fastest growing segment Security and Access Control in Product Type Segment grew Fastest with a CAGR of 32.92% during the forecast period from 2024 to 2032.
South Korea Smart Home Market Scope
South Korea Smart Home Market Segmentation & Scope
Product Type
- Others
- Home Healthcare
- Smart Furniture
- Lighting Control
- Smart Kitchen
- HVAC Control
- Home Appliances
- Security and Access Control
- Entertainment Controls
Type
- Wired
- Wireless
Software & Service
- Proactive
- Behavioral
South Korea Smart Home Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 6.39 USD Billion |
| Market Value in 2032 | 25.21 USD Billion |
| CAGR (2025-2032) | 30.65% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product Type,Type,Software & Service |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 6.39 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 6,393.87 USD Million in 2024.
Segments and Scope
-
South Korea Smart Home Market to 2032, By Product Type
- Entertainment Controls is the largest segment in South Korea Smart Home Market to 2032 with a revenue of 1.97 USD Billion in the year 2024.
- Security and Access Control is the Fastest growing segment in South Korea Smart Home Market to 2032 with a Growth rate of 31.11 % in forecast period 2025-2032.
-
South Korea Smart Home Market to 2032, By Type
- Wireless is the largest segment in South Korea Smart Home Market to 2032 with a revenue of 4.37 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in South Korea Smart Home Market to 2032 with a Growth rate of 30.94 % in forecast period 2025-2032.
-
South Korea Smart Home Market to 2032, By Software & Service
- Behavioral is the largest segment in South Korea Smart Home Market to 2032 with a revenue of 4.27 USD Billion in the year 2024.
- Proactive is the Fastest growing segment in South Korea Smart Home Market to 2032 with a Growth rate of 30.05 % in forecast period 2025-2032.
South Korea Smart Home Market Company Share Analysis
| Company Name |
|
||
| Robert Bosch GmbH | |||
| SAMSUNG | |||
| Siemens | |||
| General Electric | |||
| Resideo Technologies, Inc. | |||
South Korea Smart Home Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Smart Home Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
South Korea Smart Home Market was valued at USD 6.39(Revenue in USD Billion) in 2020.
South Korea Smart Home Market is projected to grow at a CAGR of 30.65% during the forecast period of 2024 to 2032.
The Wireless segment is expected to dominate the South Korea Smart Home Market, holding a largest market share of 4.37 USD Billion in 2024
South Korea Smart Home Market Scope
South Korea Smart Home Market Segmentation & Scope
Product Type
- Others
- Home Healthcare
- Smart Furniture
- Lighting Control
- Smart Kitchen
- HVAC Control
- Home Appliances
- Security and Access Control
- Entertainment Controls
Type
- Wired
- Wireless
Software & Service
- Proactive
- Behavioral
Frequently Asked Questions
The South Korea Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
South Korea Smart Home Market was valued at USD 6.39(Revenue in USD Billion) in 2020.
South Korea Smart Home Market is projected to grow at a CAGR of 30.65% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Smart Home Market for final year is USD 25.21 (USD Billion).
South Korea Smart Home Market Company Profiling
Frequently Asked Questions
The South Korea Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
South Korea Smart Home Market was valued at USD 6.39(Revenue in USD Billion) in 2020.
South Korea Smart Home Market is projected to grow at a CAGR of 30.65% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Smart Home Market for final year is USD 25.21 (USD Billion).
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