United States Smart Home Market Size & Outlook, 2025-2033


United States Smart Home Market Insights

  • Based on Deep Market Insights findings, the United States Smart Home Market reached USD 36.37 Billion in 2024 and is estimated to attain USD 321.81 Billion by 2033.
  • From 2025 to 2033, the United States market is expected to grow at a steady CAGR of 27.42%.
  • Within the Component category, Hardware dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Software is forecasted to deliver the fastest growth, positioning it as the most lucrative Component segment.

Other Key Findings


  • As of 2024, United States held 27.63% of the global Smart Home Market size.
  • By 2033, United States is anticipated to capture the largest share of the global Smart Home Market.
  • In North America, United States is expected to lead the regional Smart Home Market size by 2033.
  • Canada will remain the fastest-growing market in North America, reaching USD 93.66 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 36.37 Billion
Market Size In 2033 USD 321.81 Billion
Largest segment Hardware
Units Revenue in USD Billion
CAGR 27.42% (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