Major companies operating in the smart home automation market include:
ABB Ltd
Acuity Brands
Control4 Corporation
Crestron Electronics Inc
Honeywell International, Inc
Johnson Controls
Koninklijke Philips N.V
Legrand SA
Leviton Manufacturing Company Inc
Lutron Electronics Co., Inc
Resideo Technologies
Samsung Electronics
Savanat Systems LLC
Schneider Electric
Siemens AG,
Snap One, LLC.
Authors:
Suraj Gujar
Frequently Asked Questions (FAQ) :
The market size of smart home automation was over USD 60 billion in 2022 and will witness over 10% CAGR between 2023 and 2032.
The hardware segment will surpass USD 122.5 billion by 2032, driven by increasing adoption of smart home technologies.
North America market will observe over 11.5% CAGR from 2023 to 2032, due to the increasing adoption of voice assistants and smart speakers in the region.