Colombia Smart Home Market Size & Outlook, 2025-2033


Colombia Smart Home Market Insights

  • Based on Deep Market Insights findings, the Colombia Smart Home Market reached USD 0.77 Billion in 2024 and is estimated to attain USD 8.37 Billion by 2033.
  • From 2025 to 2033, the Colombia market is expected to grow at a steady CAGR of 29.82%.
  • Within the Component category, Hardware dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Hardware is forecasted to deliver the fastest growth, positioning it as the most lucrative Component segment.

Other Key Findings


  • Colombia contributed 0.58% 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 LATAM, Brazil is projected to capture the leading share of market size by 2033.
  • Among LATAM markets, Mexico is expected to post the fastest growth, reaching USD 34.18 Billion by 2033.

Report Summary

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 0.77 Billion
Market Size In 2033 USD 8.37 Billion
Largest segment Hardware
Units Revenue in USD Billion
CAGR 29.82% (2025-2033)
Segmnetation Covered
Component
  1. Hardware
  2. Software
  3. Services
Connectivity
  1. Wired Solutions
  2. Wireless Solutions
  3. Hybrid Solutions
Application
  1. Home Automation
  2. Security and Surveillance
  3. Energy and Environmental Management
End User
  1. Residential
  2. Commercial
  3. Institutional
Distribution Channel
  1. System Integrators
  2. Retail and E-commerce
  3. Specialty Smart Home Installers
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends