Smart Home Automation Market Share, Size, Trends, Industry Analysis Report By Component (Hardware, Software, Services) By Technology (Wired, Wireless) By Channel (Luxury, Mainstream, DIY, Managed) By Application (Lighting, Entertainment, Security and Access Control, HVAC, Others); By Regions, Segments & Forecast, 2024 – 2032

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Global smart home automation market size was valued at USD 74.28 billion in 2023. The market is anticipated to grow from USD 85.52 billion in 2024 to USD 268.97 billion by 2032, exhibiting a CAGR of 15.4% during the forecast period.

Smart Home Automation Market Share, Size, Trends, Industry Analysis Report By Component (Hardware, Software, Services) By Technology (Wired, Wireless) By Channel (Luxury, Mainstream, DIY, Managed) By Application (Lighting, Entertainment, Security and Access Control, HVAC, Others); By Regions, Segments & Forecast, 2024 – 2032