How big is the home automation market | Stats & Insights 2025

Q: What is the current size of the home automation market?

The home automation market was valued at USD 50 billion in 2024 and is projected to reach USD 72.36 billion by 2031.

Q: What is the growth rate of the home automation market?

The home automation market is expected to grow at a CAGR of 5.60% during 2025–2031.

Q: Which industries use home automation the most?

Residential, real estate, hospitality, elderly care, and commercial buildings.

Q: What technologies are shaping the home automation market?

IoT, AI, voice assistants, edge computing, and wireless connectivity.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6273

Publication Date: Jul 2025

How big is the Home Automation Market?

According to 6Wresearch internal database and industry insights, Global Home Automation Market was valued atUSD 50 Billion in 2024 and is expected to reachUSD 72.36 Billion by 2031, growing at acompound annual growth rate of 5.60% during the forecast period (2025-2031).

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The market is expanding due to increased adoption of smart home technologies, growing demand for energy efficiency, and rising consumer preference for convenience and security.

Key Growth Drivers of the Home Automation Market

Rising adoption of smart devices and IoT integration
Growing demand for home security and surveillance systems
Increasing focus on energy efficiency and sustainability
Expansion of voice-controlled and AI-enabled solutions
Growth in smart lighting, HVAC, and entertainment systems

Home Automation Market Trends

The home automation market is witnessing a surge in AI-based systems, enabling predictive control of lighting, temperature, and appliances. Voice assistant integration with devices like Alexa and Google Home is becoming standard. DIY smart home kits are gaining traction among tech-savvy consumers. Remote monitoring, mobile app control, and personalized automation scenarios are becoming mainstream. Subscription-based automation services are also on the rise. Home automation is increasingly bundled with real estate offerings in urban developments.

Emerging Developments in the Home Automation Market

Organizations are coming up with integrated and centralized platforms and making the lighting, HVAC, security, and entertainment available as a single app. Automation system that rely on Artificial Intelligence are providing personalization through learning. Wireless and battery devices are facilitating installations that are flexible. Integration with renewable sources such as solar panels is on the increase. Elder care is now being applied by home automation by taking advantages of fall detection, emergency notification and health surveillance. Data encryption and edge computing are increasing the effectiveness of the system responsiveness and security.