Australia Smart Home Market Size & Outlook, 2025-2033

Australia Smart Home Market Insights

As highlighted in Deep Market Insights analysis, the Australia Smart Home Market, worth USD 1.09 Billion in 2024, is forecasted to achieve USD 8.77 Billion by 2033.
The Australia market is anticipated to grow at a CAGR of 25.96% during the period 2025–2033.
By 2024, Hardware represented the largest share of the Component market size.
Hardware is expected to remain the key growth driver within Component, registering the fastest CAGR during the forecast period.

Australia contributed 0.83% to the global Smart Home Market size in 2024.
By 2033, United States is forecasted to remain the largest global market for Smart Home Market.
In Asia Pacific, China is projected to capture the leading share of market size by 2033.
Among Asia Pacific markets, Korea is expected to post the fastest growth, reaching USD 10.04 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 1.09 Billion
Market Size In 2033	USD 8.77 Billion
Largest segment	Hardware
Units	Revenue in USD Billion
CAGR	25.96% (2025-2033)
Segmnetation Covered
Component	Hardware Software Services
Connectivity	Wired Solutions Wireless Solutions Hybrid Solutions
Application	Home Automation Security and Surveillance Energy and Environmental Management
End User	Residential Commercial Institutional
Distribution Channel	System Integrators Retail and E-commerce Specialty Smart Home Installers
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Component	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Hardware	XX.x	XX.x	XX.x	0.49	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Software	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Services	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Connectivity	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Wired Solutions	XX.x	XX.x	XX.x	0.49	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Wireless Solutions	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Hybrid Solutions	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Application	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Home Automation	XX.x	XX.x	XX.x	0.51	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Security and Surveillance	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Energy and Environmental Management	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

End User	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Residential	XX.x	XX.x	XX.x	0.49	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Commercial	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Institutional	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Distribution Channel	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
System Integrators	XX.x	XX.x	XX.x	0.49	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Retail and E-commerce	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Specialty Smart Home Installers	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x