The Home Automation Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Home Automation Market?
The global home automation market has experienced considerable growth in the past few years. The market size is expected to increase from $71.19 billion in 2024 to $77.65 billion in 2025, registering a compound annual growth rate (CAGR) of 9.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Home Automation Industry?
The Home Automation Global Market Report 2024 anticipates that the market size for home automation will reach $123.88 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 12.4%.
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What are the Key Growth Drivers Fueling the Home Automation Market?
The key drivers in the home automation market are:
• Increasing focus on sustainable and green homes
• Heightened utilization of health and wellness monitoring
• Growing demand for customization and personalization in home automation
• The proliferation of DIY home automation kits and installations
Global Market Segmentation: Identifying Major Home Automation Industry Segments
The home automation market covered in this report is segmented –
1) By Product: Lighting Control, Security And Access Control, HVAC Control, Entertainment, Other Products
2) By Technology: Wired Home Automation System, Wireless Home Automation System
3) By End User: Residential, Commercial, Other End Users
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What are the Emerging Trends Shaping the Future of the Home Automation Market?
The key trends in the temperature controlled pharmaceutical containers market are:
• The trend of transforming conventional homes into sustainable and green homes is emerging.
• Health and wellness monitoring is becoming a crucial aspect of home automation.
• The rise of smart hubs and ecosystems is shaping the future of the home automation market.
• The trend of DIY installations and configurations in home automation is gaining popularity.
Who Are the Top Competitors & Leading Players in the Home Automation Market?
Major companies in the home automation market are:
• ABB
• Crestron Electronics Inc.
• Schneider Electric SE
• Honeywell International Inc.
• Johnson Controls Inc.
• Siemens AG
• Legrand Group
• Control4
• Home Brain
• Savant Systems Inc.
• Lutron Electronics Company
• Sauter AG
• Bosch Security and Safety Systems
• Silvan Innovation Labs
• Elan Home Systems LLC
• Fueb
• Harman International
• LG Electronics Inc.
• August Inc.
• HomeSeer Technologies LLC
• Amazon Inc.
• Google Nest
• ADT Inc.
• Vivint Smart Home Inc.
• SimpliSafe
• Ring LLC
• Ecobee
• Somfy
• Netatmo
• SmartThings Inc.
Regional Dominance: Which Area Leads the Global Home Automation Market?
North America was the largest region in the home automation market in 2024
