Smart Home Market Size, Share, Trends, Key Drivers, Demand and Opportunity Analysis
Smart Home Market : Trends, Growth Insights, and Future Opportunities 1. Introduction The Smart Home Market has rapidly evolved from a futuristic concept into a tangible reality, reshaping how people live, work, and interact with technology. Defined by the integration of connected devices and automated systems within residential environments, smart homes enable enhanced comfort, energy efficiency, and security through interconnected technologies. In today’s digital-first world, the relevance of smart homes has grown exponentially, driven by the rising adoption of the Internet of Things (IoT), artificial intelligence (AI), and wireless communication technologies. As consumers increasingly seek convenience, personalization, and energy conservation, smart home solutions have become integral to modern living. The global Smart Home Market is projected to grow at a compound annual growth rate (CAGR) of around 11–13% between 2025 and 2030 , with market valuation expect...