The Smart home Machine-to-Machine (M2M) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the global Smart home Machine-to-Machine (M2M) is expanding fast. In 2024, it stood at $13.32 billion and is projected to rise to $14.95 billion in 2025. This growth reflects a Compound Annual Growth Rate (CAGR) of 12.2%.
The Smart home Machine-to-Machine (M2M) market is predicted to reach $26.66 billion by 2029, growing at a compound annual growth rate (CAGR) of 15.6%.
Download Your Free Sample of the 2025 Smart home Machine-to-Machine (M2M) Market Report and Uncover Key Trends Now!The key drivers in the smart home machine-to-machine (m2m) market are:
• The integration of AI and machine learning
• The increase in health and wellness applications
• The expansion of connectivity standards
• The enhancement of home automation experiences and smart city integration
The smart home machine-to-machine (M2M) market covered in this report is segmented –
1) By Type: Wi-Fi, Bluetooth, Cellular Connectivity Technologies
2) By Technology: Wireless, Wired
3) By Application: Access And Security Control, Energy And Climate Management, Home Entertainment, Lighting, Smart Appliances, Other Applications
The key trends in the smart home machine-to-machine (m2m) market are:
• Integration of AI and machine learning is a significant emerging trend.
• There is an increasing focus on health and wellness applications in the smart home M2M market.
• Advancements in home automation experiences and creation of home automation hubs are shaping the market's path.
• The trend towards interoperability standards and adoption of subscription-based services is gaining momentum.
The major players in the smart home machine-to-machine (m2m) market are:
• AT&T Inc
North America was the largest region in the smart home machine-to-machine (M2M) market in 2024