Smart Home Market in US 2025-2029

Smart Home Market In US 2025-2029

The smart home market in us is forecasted to grow by USD 6470.4 mn during 2024-2029, accelerating at a CAGR of 5.6% during the forecast period. The report on the smart home market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing consumer interest in home automation, availability of a wide range of smart home products, and rising need for energy conservation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's smart home market in us is segmented as below:

By Type

  • Home entertainment
  • Smart appliances
  • Energy management
  • Lighting control system and HVAC
  • Safety and security system
By Technology
  • Wired
  • Wireless
By Application
  • Retrofit
  • New construction
This study identifies the increasing development of technologically advanced products as one of the prime reasons driving the smart home market in us growth during the next few years. Also, evolution of iot and growing smartphone penetration and increasing internet speed will lead to sizable demand in the market.

The report on the smart home market in us covers the following areas:
  • Smart Home Market in US sizing
  • Smart Home Market in US forecast
  • Smart Home Market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart home market in us vendors that include ABB Ltd., Allegion Public Ltd. Co., Amazon.com Inc., Apple Inc., ASSA ABLOY AB, Carrier Global Corp., Comcast Corp., Google LLC, Honeywell International Inc., Hubbell Inc., Johnson Controls International Plc, Legrand SA, LG Electronics Inc., Lutron Electronics Co. Inc., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Schneider Electric SE, Snap One LLC, and Vivint Inc.. Also, the smart home market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US: Year-over-year growth 2024-2029 (%)
Data Table on US: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Smart Home Market in US 2019 - 2023
Historic Market Size - Data Table on Smart Home Market in US 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 Technology segment analysis 2019 - 2023
Historic Market Size - Technology Segment 2019 - 2023 ($ million)
5.4 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on Smart Home Market in US
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Home entertainment - Market size and forecast 2024-2029
Chart on Home entertainment - Market size and forecast 2024-2029 ($ million)
Data Table on Home entertainment - Market size and forecast 2024-2029 ($ million)
Chart on Home entertainment - Year-over-year growth 2024-2029 (%)
Data Table on Home entertainment - Year-over-year growth 2024-2029 (%)
8.4 Smart appliances - Market size and forecast 2024-2029
Chart on Smart appliances - Market size and forecast 2024-2029 ($ million)
Data Table on Smart appliances - Market size and forecast 2024-2029 ($ million)
Chart on Smart appliances - Year-over-year growth 2024-2029 (%)
Data Table on Smart appliances - Year-over-year growth 2024-2029 (%)
8.5 Energy management - Market size and forecast 2024-2029
Chart on Energy management - Market size and forecast 2024-2029 ($ million)
Data Table on Energy management - Market size and forecast 2024-2029 ($ million)
Chart on Energy management - Year-over-year growth 2024-2029 (%)
Data Table on Energy management - Year-over-year growth 2024-2029 (%)
8.6 Lighting control system and HVAC - Market size and forecast 2024-2029
Chart on Lighting control system and HVAC - Market size and forecast 2024-2029 ($ million)
Data Table on Lighting control system and HVAC - Market size and forecast 2024-2029 ($ million)
Chart on Lighting control system and HVAC - Year-over-year growth 2024-2029 (%)
Data Table on Lighting control system and HVAC - Year-over-year growth 2024-2029 (%)
8.7 Safety and security system - Market size and forecast 2024-2029
Chart on Safety and security system - Market size and forecast 2024-2029 ($ million)
Data Table on Safety and security system - Market size and forecast 2024-2029 ($ million)
Chart on Safety and security system - Year-over-year growth 2024-2029 (%)
Data Table on Safety and security system - Year-over-year growth 2024-2029 (%)
8.8 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Technology
9.1 Market segments
Chart on Technology - Market share 2024-2029 (%)
Data Table on Technology - Market share 2024-2029 (%)
9.2 Comparison by Technology
Chart on Comparison by Technology
Data Table on Comparison by Technology
9.3 Wired - Market size and forecast 2024-2029
Chart on Wired - Market size and forecast 2024-2029 ($ million)
Data Table on Wired - Market size and forecast 2024-2029 ($ million)
Chart on Wired - Year-over-year growth 2024-2029 (%)
Data Table on Wired - Year-over-year growth 2024-2029 (%)
9.4 Wireless - Market size and forecast 2024-2029
Chart on Wireless - Market size and forecast 2024-2029 ($ million)
Data Table on Wireless - Market size and forecast 2024-2029 ($ million)
Chart on Wireless - Year-over-year growth 2024-2029 (%)
Data Table on Wireless - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Technology
Market opportunity by Technology ($ million)
Data Table on Market opportunity by Technology ($ million)
10 Market Segmentation by Application
10.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
10.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
10.3 Retrofit - Market size and forecast 2024-2029
Chart on Retrofit - Market size and forecast 2024-2029 ($ million)
Data Table on Retrofit - Market size and forecast 2024-2029 ($ million)
Chart on Retrofit - Year-over-year growth 2024-2029 (%)
Data Table on Retrofit - Year-over-year growth 2024-2029 (%)
10.4 New construction - Market size and forecast 2024-2029
Chart on New construction - Market size and forecast 2024-2029 ($ million)
Data Table on New construction - Market size and forecast 2024-2029 ($ million)
Chart on New construction - Year-over-year growth 2024-2029 (%)
Data Table on New construction - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 ABB Ltd.
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key news
ABB Ltd. - Key offerings
ABB Ltd. - Segment focus
SWOT
14.5 Allegion Public Ltd. Co.
Allegion Public Ltd. Co. - Overview
Allegion Public Ltd. Co. - Business segments
Allegion Public Ltd. Co. - Key news
Allegion Public Ltd. Co. - Key offerings
Allegion Public Ltd. Co. - Segment focus
SWOT
14.6 Amazon.com Inc.
Amazon.com Inc. - Overview
Amazon.com Inc. - Business segments
Amazon.com Inc. - Key news
Amazon.com Inc. - Key offerings
Amazon.com Inc. - Segment focus
SWOT
14.7 Apple Inc.
Apple Inc. - Overview
Apple Inc. - Business segments
Apple Inc. - Key news
Apple Inc. - Key offerings
Apple Inc. - Segment focus
SWOT
14.8 ASSA ABLOY AB
ASSA ABLOY AB - Overview
ASSA ABLOY AB - Business segments
ASSA ABLOY AB - Key news
ASSA ABLOY AB - Key offerings
ASSA ABLOY AB - Segment focus
SWOT
14.9 Carrier Global Corp.
Carrier Global Corp. - Overview
Carrier Global Corp. - Business segments
Carrier Global Corp. - Key news
Carrier Global Corp. - Key offerings
Carrier Global Corp. - Segment focus
SWOT
14.10 Comcast Corp.
Comcast Corp. - Overview
Comcast Corp. - Business segments
Comcast Corp. - Key news
Comcast Corp. - Key offerings
Comcast Corp. - Segment focus
SWOT
14.11 Google LLC
Google LLC - Overview
Google LLC - Product / Service
Google LLC - Key news
Google LLC - Key offerings
SWOT
14.12 Honeywell International Inc.
Honeywell International Inc. - Overview
Honeywell International Inc. - Business segments
Honeywell International Inc. - Key news
Honeywell International Inc. - Key offerings
Honeywell International Inc. - Segment focus
SWOT
14.13 Johnson Controls International Plc
Johnson Controls International Plc - Overview
Johnson Controls International Plc - Business segments
Johnson Controls International Plc - Key news
Johnson Controls International Plc - Key offerings
Johnson Controls International Plc - Segment focus
SWOT
14.14 Legrand SA
Legrand SA - Overview
Legrand SA - Business segments
Legrand SA - Key news
Legrand SA - Key offerings
Legrand SA - Segment focus
SWOT
14.15 Lutron Electronics Co. Inc.
Lutron Electronics Co. Inc. - Overview
Lutron Electronics Co. Inc. - Product / Service
Lutron Electronics Co. Inc. - Key offerings
SWOT
14.16 Panasonic Holdings Corp.
Panasonic Holdings Corp. - Overview
Panasonic Holdings Corp. - Business segments
Panasonic Holdings Corp. - Key news
Panasonic Holdings Corp. - Key offerings
Panasonic Holdings Corp. - Segment focus
SWOT
14.17 Samsung Electronics Co. Ltd.
Samsung Electronics Co. Ltd. - Overview
Samsung Electronics Co. Ltd. - Business segments
Samsung Electronics Co. Ltd. - Key news
Samsung Electronics Co. Ltd. - Key offerings
Samsung Electronics Co. Ltd. - Segment focus
SWOT
14.18 Schneider Electric SE
Schneider Electric SE - Overview
Schneider Electric SE - Business segments
Schneider Electric SE - Key news
Schneider Electric SE - Key offerings
Schneider Electric SE - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Type
Exhibits5: Executive Summary - Chart on Market Segmentation by Technology
Exhibits6: Executive Summary - Chart on Market Segmentation by Application
Exhibits7: Executive Summary - Chart on Company Market Positioning
Exhibits8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits9: Overview on criticality of inputs and factors of differentiation
Exhibits10: Overview on factors of disruption
Exhibits11: Impact of drivers and challenges in 2024 and 2029
Exhibits12: Parent Market
Exhibits13: Data Table on - Parent Market
Exhibits14: Market characteristics analysis
Exhibits15: Value chain analysis
Exhibits16: Offerings of companies included in the market definition
Exhibits17: Market segments
Exhibits18: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits19: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits20: Chart on US: Year-over-year growth 2024-2029 (%)
Exhibits21: Data Table on US: Year-over-year growth 2024-2029 (%)
Exhibits22: Historic Market Size - Data Table on Smart Home Market in US 2019 - 2023 ($ million)
Exhibits23: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits24: Historic Market Size - Technology Segment 2019 - 2023 ($ million)
Exhibits25: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits26: Five forces analysis - Comparison between 2024 and 2029
Exhibits27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits32: Chart on Market condition - Five forces 2024 and 2029
Exhibits33: Chart on Type - Market share 2024-2029 (%)
Exhibits34: Data Table on Type - Market share 2024-2029 (%)
Exhibits35: Chart on Comparison by Type
Exhibits36: Data Table on Comparison by Type
Exhibits37: Chart on Home entertainment - Market size and forecast 2024-2029 ($ million)
Exhibits38: Data Table on Home entertainment - Market size and forecast 2024-2029 ($ million)
Exhibits39: Chart on Home entertainment - Year-over-year growth 2024-2029 (%)
Exhibits40: Data Table on Home entertainment - Year-over-year growth 2024-2029 (%)
Exhibits41: Chart on Smart appliances - Market size and forecast 2024-2029 ($ million)
Exhibits42: Data Table on Smart appliances - Market size and forecast 2024-2029 ($ million)
Exhibits43: Chart on Smart appliances - Year-over-year growth 2024-2029 (%)
Exhibits44: Data Table on Smart appliances - Year-over-year growth 2024-2029 (%)
Exhibits45: Chart on Energy management - Market size and forecast 2024-2029 ($ million)
Exhibits46: Data Table on Energy management - Market size and forecast 2024-2029 ($ million)
Exhibits47: Chart on Energy management - Year-over-year growth 2024-2029 (%)
Exhibits48: Data Table on Energy management - Year-over-year growth 2024-2029 (%)
Exhibits49: Chart on Lighting control system and HVAC - Market size and forecast 2024-2029 ($ million)
Exhibits50: Data Table on Lighting control system and HVAC - Market size and forecast 2024-2029 ($ million)
Exhibits51: Chart on Lighting control system and HVAC - Year-over-year growth 2024-2029 (%)
Exhibits52: Data Table on Lighting control system and HVAC - Year-over-year growth 2024-2029 (%)
Exhibits53: Chart on Safety and security system - Market size and forecast 2024-2029 ($ million)
Exhibits54: Data Table on Safety and security system - Market size and forecast 2024-2029 ($ million)
Exhibits55: Chart on Safety and security system - Year-over-year growth 2024-2029 (%)
Exhibits56: Data Table on Safety and security system - Year-over-year growth 2024-2029 (%)
Exhibits57: Market opportunity by Type ($ million)
Exhibits58: Data Table on Market opportunity by Type ($ million)
Exhibits59: Chart on Technology - Market share 2024-2029 (%)
Exhibits60: Data Table on Technology - Market share 2024-2029 (%)
Exhibits61: Chart on Comparison by Technology
Exhibits62: Data Table on Comparison by Technology
Exhibits63: Chart on Wired - Market size and forecast 2024-2029 ($ million)
Exhibits64: Data Table on Wired - Market size and forecast 2024-2029 ($ million)
Exhibits65: Chart on Wired - Year-over-year growth 2024-2029 (%)
Exhibits66: Data Table on Wired - Year-over-year growth 2024-2029 (%)
Exhibits67: Chart on Wireless - Market size and forecast 2024-2029 ($ million)
Exhibits68: Data Table on Wireless - Market size and forecast 2024-2029 ($ million)
Exhibits69: Chart on Wireless - Year-over-year growth 2024-2029 (%)
Exhibits70: Data Table on Wireless - Year-over-year growth 2024-2029 (%)
Exhibits71: Market opportunity by Technology ($ million)
Exhibits72: Data Table on Market opportunity by Technology ($ million)
Exhibits73: Chart on Application - Market share 2024-2029 (%)
Exhibits74: Data Table on Application - Market share 2024-2029 (%)
Exhibits75: Chart on Comparison by Application
Exhibits76: Data Table on Comparison by Application
Exhibits77: Chart on Retrofit - Market size and forecast 2024-2029 ($ million)
Exhibits78: Data Table on Retrofit - Market size and forecast 2024-2029 ($ million)
Exhibits79: Chart on Retrofit - Year-over-year growth 2024-2029 (%)
Exhibits80: Data Table on Retrofit - Year-over-year growth 2024-2029 (%)
Exhibits81: Chart on New construction - Market size and forecast 2024-2029 ($ million)
Exhibits82: Data Table on New construction - Market size and forecast 2024-2029 ($ million)
Exhibits83: Chart on New construction - Year-over-year growth 2024-2029 (%)
Exhibits84: Data Table on New construction - Year-over-year growth 2024-2029 (%)
Exhibits85: Market opportunity by Application ($ million)
Exhibits86: Data Table on Market opportunity by Application ($ million)
Exhibits87: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits88: Impact of drivers and challenges in 2024 and 2029
Exhibits89: Overview on criticality of inputs and factors of differentiation
Exhibits90: Overview on factors of disruption
Exhibits91: Impact of key risks on business
Exhibits92: Companies covered
Exhibits93: Company ranking index
Exhibits94: Matrix on companies position and classification
Exhibits95: ABB Ltd. - Overview
Exhibits96: ABB Ltd. - Business segments
Exhibits97: ABB Ltd. - Key news
Exhibits98: ABB Ltd. - Key offerings
Exhibits99: ABB Ltd. - Segment focus
Exhibits100: SWOT
Exhibits101: Allegion Public Ltd. Co. - Overview
Exhibits102: Allegion Public Ltd. Co. - Business segments
Exhibits103: Allegion Public Ltd. Co. - Key news
Exhibits104: Allegion Public Ltd. Co. - Key offerings
Exhibits105: Allegion Public Ltd. Co. - Segment focus
Exhibits106: SWOT
Exhibits107: Amazon.com Inc. - Overview
Exhibits108: Amazon.com Inc. - Business segments
Exhibits109: Amazon.com Inc. - Key news
Exhibits110: Amazon.com Inc. - Key offerings
Exhibits111: Amazon.com Inc. - Segment focus
Exhibits112: SWOT
Exhibits113: Apple Inc. - Overview
Exhibits114: Apple Inc. - Business segments
Exhibits115: Apple Inc. - Key news
Exhibits116: Apple Inc. - Key offerings
Exhibits117: Apple Inc. - Segment focus
Exhibits118: SWOT
Exhibits119: ASSA ABLOY AB - Overview
Exhibits120: ASSA ABLOY AB - Business segments
Exhibits121: ASSA ABLOY AB - Key news
Exhibits122: ASSA ABLOY AB - Key offerings
Exhibits123: ASSA ABLOY AB - Segment focus
Exhibits124: SWOT
Exhibits125: Carrier Global Corp. - Overview
Exhibits126: Carrier Global Corp. - Business segments
Exhibits127: Carrier Global Corp. - Key news
Exhibits128: Carrier Global Corp. - Key offerings
Exhibits129: Carrier Global Corp. - Segment focus
Exhibits130: SWOT
Exhibits131: Comcast Corp. - Overview
Exhibits132: Comcast Corp. - Business segments
Exhibits133: Comcast Corp. - Key news
Exhibits134: Comcast Corp. - Key offerings
Exhibits135: Comcast Corp. - Segment focus
Exhibits136: SWOT
Exhibits137: Google LLC - Overview
Exhibits138: Google LLC - Product / Service
Exhibits139: Google LLC - Key news
Exhibits140: Google LLC - Key offerings
Exhibits141: SWOT
Exhibits142: Honeywell International Inc. - Overview
Exhibits143: Honeywell International Inc. - Business segments
Exhibits144: Honeywell International Inc. - Key news
Exhibits145: Honeywell International Inc. - Key offerings
Exhibits146: Honeywell International Inc. - Segment focus
Exhibits147: SWOT
Exhibits148: Johnson Controls International Plc - Overview
Exhibits149: Johnson Controls International Plc - Business segments

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