Smart Home and Office Market is driven by rising IoT adoption, energy-efficient automation, remote monitoring needs, smart device integration, and growing demand for enhanced comfort, security, and productivity.
Austin, Nov. 17, 2025 (GLOBE NEWSWIRE) — Smart Home and Office Market Size & Growth Insights:
According to the SNS Insider,“The Smart Home and Office Market Size was worth USD 39.24 Billion in 2024 and is expected to reach USD 98.34 Billion by 2032 and grow at a CAGR of 12.17% over 2025-2032.”
Growing Demand for Convenience and Security to Boost Market Growth Globally
One of the main factors propelling the market for smart homes and offices is the rising desire for security and convenience. Smart locks, controlled lighting, connected sensors, and remote monitoring systems are just a few examples of the integrated solutions that businesses and consumers are increasingly looking for to improve comfort, efficiency, and safety. With the use of voice assistants, smartphones, or centralized platforms, these advances allow users to easily control and manage their surroundings, providing energy savings and peace of mind. Modern lifestyles and business efficiency objectives are attracted to the capacity to automate daily tasks, improve access management, and monitor properties in real time. Smart home and office systems are becoming more and more popular in both residential and business settings as people become more conscious of the convenience and security of digital technology.
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Leading Market Players with their Product Listed in this Report are:
- Johnson Controls International plc
- United Technologies Corporation
- Schneider Electric SE
- Robert Bosch GmbH
- Sony Corporation
- Siemens AG
- Honeywell International Inc.
- Samsung Electronics Co., Ltd.
- Legrand SA
- Eaton Corporation plc
- Amazon.com, Inc.
- Google LLC (Alphabet Inc.)
- ABB Ltd.
- LG Electronics Inc.
- Panasonic Corporation
- Cisco Systems, Inc.
- Crestron Electronics, Inc.
- Lutron Electronics Co., Inc.
- Philips Lighting (Signify N.V.)
- Control4 Corporation (Snap One Holdings Corp.)
Smart Home and Office Market Report Scope:
| Report Attributes | Details |
| Market Size in 2024 | USD 39.24 Billion |
| Market Size by 2032 | USD 98.34 Billion |
| CAGR | CAGR of 12.17% From 2024 to 2032 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segmentation | • By Product (Lighting Controls, Hvac Controls, Surveillance Products, Access Controls) • By Standard (Wi Fi And Infrared, En Ocean, Bac Net, Z Wave, Zigbee, Dali, Knx) |
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Key Industry Segmentation
By Product
Access Controls segment is emerging as the dominant category due to the growing emphasis on robust security solutions that provide remote monitoring, real-time alerts, and personalized access management. Consumers and businesses increasingly prioritize smart locks, biometric systems, and integrated access technologies to enhance safety and convenience.
By Standard
KNX is emerging as the leading revenue-generating standard owing to the increasing focus on energy efficiency and the growing burden of rising electricity costs are driving demand for KNX-based solutions. KNX offers strong interoperability and ecosystem compatibility, enabling seamless integration of various building systems such as lighting, heating, ventilation, and cooling.
Regional Insights:
The expanding number of smart houses and increased consumer demand for convenience, security, and energy efficiency have made North America the market leader for smart homes and offices. The market is expanding as a result of the region’s adoption of sophisticated security cameras, smart access control systems, and integrated monitoring technologies. The people of North America are accustomed to using connected devices since they have a long history of adopting new technologies. Both the residential and commercial smart automation markets are expected to continue growing due to the well-established smart home ecosystem and the presence of significant companies.
The Asia Pacific Smart Home and Office market is expanding rapidly, supported by a large, young, and tech-savvy population embracing connected living. Governments across the region are actively advancing smart city initiatives, which include smart homes and offices, driving infrastructure development.
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Recent News:
- In August 2025, Johnson Controls completed the USD 8.1 billion sale of its Residential and Light Commercial HVAC business to Bosch Group, positioning itself as a pure-play provider of innovative smart building solutions and advancing its strategic transformation.
- In November 2024, Bosch released a major software update for its Smart Home System, introducing data backup and recovery, automation widgets, enhanced temperature control, and improved firmware for thermostats and smart lamps, reinforcing its commitment to smarter, more secure home automation solutions.
Exclusive Sections of the Smart Home and Office Market Report (The USPs):
- TECHNOLOGY ADOPTION & INNOVATION INDEX: helps you track the accelerating shift toward IoT enabled smart devices by measuring adoption rates, patent filings, cross platform integration, and the introduction of AI driven automation systems.
- SYSTEM PERFORMANCE & RELIABILITY METRICS: helps you evaluate the operational robustness of smart ecosystems through uptime percentage, device reliability, MTBF scores, data latency, and installation efficiency benchmarks.
- SMART DEVICE PRODUCTION & SUPPLY CHAIN RESILIENCE: helps you identify manufacturing bottlenecks and global dependency risks using metrics such as capacity utilization, lead times, semiconductor dependency ratios, and disruption resilience scores.
- PRICING INTELLIGENCE & TOTAL COST ANALYSIS: helps you understand market competitiveness with ASP tracking across device categories, cost structure breakdowns, operational cost efficiency, and TCO comparisons between smart and traditional setups.
- ENERGY SAVINGS & AUTOMATION EFFICIENCY INDEX: helps you measure ROI for end users by analyzing energy savings percentage, automation based consumption optimization, and performance variance between residential and commercial deployments.
About Us:
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