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Home Automation System Market Size, Share, By Components (Hardware, Software & Solutions, and Services), Technology (Wired Technology, Wireless Technology, Power Line Communication, and Others), Application (Lighting Control, Security and Access Control,

Publisher Prophecy Market Insights
Published Feb 25, 2025
Length 187 Pages
SKU # PRMI19808479

Description

Home Automation System Market Size, Share, By Components (Hardware, Software & Solutions, and Services), Technology (Wired Technology, Wireless Technology, Power Line Communication, and Others), Application (Lighting Control, Security and Access Control, HVAC Control, Entertainment, and Others), Distribution Channel (Online and Offline), and Region - Trends, Analysis, and Forecast till 2035

Home automation system refers to a network of devices that enable the control and management of various home functions through interconnected technology. This system integrates hardware and software components that allow users to monitor and control appliances, such as lighting, security cameras, heating, and cooling systems remotely. Further, the market is experiencing rapid growth, driven by advancements in technology and increasing consumer demand for smart home solutions.

Home Automation System Market Report Highlights:
  • Projections indicate that the market will surpass USD 98.1 billion by 2035.
  • The home automation system market size was valued at USD 60.2 billion in 2024.
  • It is advancing with a CAGR of 5.5%.
  • North America currently dominates the market.
  • Asia Pacific is expected to witness rapid growth in the market during the forecast period.
  • By components, the hospital segment holds the dominant home automation system market share.
  • Based on technology, the wireless technologies is expected to lead the market during forecast period.
  • The security and access control application segment dominates the market.
  • By distribution channel, the market is being led by the online segment.
Key Benefits of Purchasing This Report

Gain valuable insights into revenue projections for the overall market and its sub-segments, benefiting industry leaders and new entrants.

Enhance your understanding of the competitive landscape to refine business positioning and optimize go-to-market strategies.

Stay informed on the latest trends in the Home Automation System Market, including key drivers, challenges, opportunities, and barriers.

Home Automation System Market Key Highlights:

In January 2025, LG Electronics (LG) unveiled its 2025 OLED evo lineup, highlighting a range of advanced TV offerings, including the world’s first true wireless OLED evo M5, and OLED evo G5 models. With LG’s latest α (Alpha) 11 AI processor Gen21 at its core, the latest OLED evo models present unparalleled OLED picture quality with impeccable blacks, exceptional brightness and advanced processing capabilities. Powered by AI-driven personalization, the LG OLED evo offers a customized experience tailored to each user and showcases the pinnacle of OLED innovation for an elevated home entertainment experience.

In December 2024, LG Electronics (LG) has fully opened the Application Programming Interface (API) of its smart home platform, LG ThinQ, enabling developers to easily create smart spaces with LG appliances. The LG ThinQ API is divided into two categories: the ThinQ API for individual users and the ThinQ Business API for corporate partners. The ThinQ API allows for remote control of LG devices installed in homes or buildings and facilitates integration with various platforms.

Segmentation:

By Components:
  • Hardware
  • Security Systems
  • Smart Lighting
  • Home Appliances
  • Entertainment Systems
  • Others
  • Software & Solutions
  • Services
  • Consulting
  • Installation
  • Support and Maintenance
  • Others
By Technology:
  • Wired Technology
  • Wireless Technology
  • Power Line Communication
  • Others
By Application:
  • Lighting Control
  • Security and Access Control
  • HVAC Control
  • Entertainment
  • Others
By Distribution Channel:
  • Online
  • Offline
By Region:
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa
Home Automation System Market Competitive Landscape
  • Amazon.com, Inc.
  • Samsung Electronics Co., Ltd.
  • LG Electronics Inc.
  • Philips
  • Schneider Electric
  • Control4
  • Crestron
  • Vivint
  • Honeywell International Inc.
  • Sony Group Corporation
  • August Home
  • HomeSeer
  • Savant
  • Z-Wave Alliance
  • GVTC
Key Questions Answered in This Report

1. What was the size of the Home Automation System Market in 2024?

2. What is the expected growth rate of the Home Automation System Market during 2025-2035?

3. What are the key factors driving the Home Automation System Market?

4. What is the breakup of the Home Automation System Market based on the distribution channel?

5. What are the key regions in the Home Automation System Market?

6. Who are the key players/companies in the Home Automation System Market?

7. What are the drivers, restraints, and opportunities in the Home Automation System Market?

Table of Contents

187 Pages
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Components
Market Snippet, By Technology
Market Snippet, By Application
Market Snippet, By Distribution Channel
Market Snippet, By Region
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Type Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
Smart Android Based Home Automation System Using Internet of Things (IoT)
Low-Cost Home Automation System for Physical Disability and Limited Mobility People
Advantages & disadvantages
Market Segmentation, By Components, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Hardware
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Security Systems
Smart Lighting
Home Appliances
Entertainment Systems
Others
Software & Solutions
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Services
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Consulting
Installation
Support and Maintenance
Others
Market Segmentation, By Technology, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Wired Technology
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Wireless Technology
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Power Line Communication
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Lighting Control
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Security and Access Control
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
HVAC Control
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Entertainment
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Distribution Channel, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Online
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Offline
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Components, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S.
Canada
Asia Pacific
Market Size and Forecast (USD Bn), By Components, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Europe
Market Size and Forecast (USD Bn), By Components, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Latin America
Market Size and Forecast (USD Bn), By Components, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
Market Size and Forecast (USD Bn), By Components, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
GCC
Israel
South Africa
Rest of Middle East and Africa

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