U.S. Smart Home Market to 2032

Overview

The U.S. Smart Home Market is expected to reach a 209.60 USD Billion by 2032 and is projected to grow at a CAGR of 29.67% from 2025 to 2032.

Revenue, 2024 (USD Billion)
55.27
Forecast, 2032 (USD Billion)
209.60
CAGR, 2024 - 2032
29.67%
Report Coverage
U.S.

U.S. Smart Home Market 2018-2032 USD Billion

U.S. Smart Home Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 55.27 USD Billion
  • Projected Market Size (2032): 209.60 USD Billion
  • CAGR (2025-2032): 29.67%

Key Findings of U.S. Smart Home Market

  • The U.S. Smart Home Market was valued at 55.27 USD Billion in 2024.
  • The U.S. Smart Home Market is likely to grow at a CAGR of 29.67% 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 37.08 USD Billion
  • The fastest growing segment Security and Access Control in Product Type Segment grew Fastest with a CAGR of 32.74% during the forecast period from 2024 to 2032.

U.S. Smart Home Market Scope

U.S. 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

U.S. Smart Home Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 55.27 USD Billion
Market Value in 2032 209.60 USD Billion
CAGR (2025-2032) 29.67%
Historic Data 2016-2023
Market Segments Covered Product Type,Type,Software & Service

Regional Insights:

  • Leading Market (2024-2032): U.S., leading in terms of revenue 55.27 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

  • U.S. Smart Home Market to 2032, By Product Type
    • Entertainment Controls is the largest segment in U.S. Smart Home Market to 2032 with a revenue of 15.70 USD Billion in the year 2024.
    • Security and Access Control is the Fastest growing segment in U.S. Smart Home Market to 2032 with a Growth rate of 31.66 % in forecast period 2025-2032.
  • U.S. Smart Home Market to 2032, By Type
    • Wireless is the largest segment in U.S. Smart Home Market to 2032 with a revenue of 37.08 USD Billion in the year 2024.
    • Wireless is the Fastest growing segment in U.S. Smart Home Market to 2032 with a Growth rate of 29.97 % in forecast period 2025-2032.
  • U.S. Smart Home Market to 2032, By Software & Service
    • Behavioral is the largest segment in U.S. Smart Home Market to 2032 with a revenue of 36.38 USD Billion in the year 2024.
    • Proactive is the Fastest growing segment in U.S. Smart Home Market to 2032 with a Growth rate of 29.18 % in forecast period 2025-2032.

U.S. Smart Home Market Company Share Analysis

 
Company Name Company Share Analysis
Robert Bosch GmbH
SAMSUNG
Siemens
General Electric
Resideo Technologies, Inc.
U.S. Smart Home Market Company Share Analysis

U.S. Smart Home Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Smart Home Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Smart Home Market Company Profiling

U.S. Smart Home Market Company Profiling
Frequently Asked Questions
The U.S. Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
U.S. Smart Home Market was valued at USD 55.27(Revenue in USD Billion) in 2020.
U.S. Smart Home Market is projected to grow at a CAGR of 29.67% during the forecast period of 2024 to 2032.
The Wireless segment is expected to dominate the U.S. Smart Home Market, holding a largest market share of 37.08 USD Billion in 2024

U.S. Smart Home Market Scope

U.S. 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 U.S. Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
U.S. Smart Home Market was valued at USD 55.27(Revenue in USD Billion) in 2020.
U.S. Smart Home Market is projected to grow at a CAGR of 29.67% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Smart Home Market for final year is USD 209.60 (USD Billion).

U.S. Smart Home Market Company Profiling

U.S. Smart Home Market Company Profiling
Frequently Asked Questions
The U.S. Smart Home Market is segmented based on Segmentation Product Type,Type,Software & Service.
U.S. Smart Home Market was valued at USD 55.27(Revenue in USD Billion) in 2020.
U.S. Smart Home Market is projected to grow at a CAGR of 29.67% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Smart Home Market for final year is USD 209.60 (USD Billion).

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