Global Smart Thermostat Market Size & Outlook, 2025-2033

Global Smart Thermostat Market Insights

As per Deep Market Insights insights, the Global Smart Thermostat Market stood at USD 4600 Million in 2024 and is anticipated to grow to USD 20553.61 Million by 2033.
The Global market is expected to advance at a CAGR of 18% from 2026 through 2033.
In 2024, Programmable accounted for the highest share of the Product market size.
During the forecast period, Programmable is set to register the highest growth, making it the most lucrative Product segment.

By 2033, United States is expected to lead the global Smart Thermostat Market in terms of market size.
Within Global, North America is projected to dominate the regional Smart Thermostat Market size by 2033.
Asia Pacific is identified as the fastest-growing market in Global, anticipated to reach USD 3369.41 Million 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 4600 Million
Market Size In 2033	USD 20553.61 Million
Largest segment	Programmable
Units	Revenue in USD Million
CAGR	18% (2025-2033)
Segmnetation Covered
Region	North America Europe Asia Pacific Middle East and Africa LATAM
Product	Programmable Learning/AI thermostats Commercial HVAC controllers
Connectivity	Wi-Fi/cloud Zigbee/Z-Wave Platform integrations
Installation	DIY Professional
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Region	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
North America	XX.x	XX.x	XX.x	1794	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Europe	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
Asia Pacific	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
Middle East and Africa	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
LATAM	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.

Product	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Programmable	XX.x	XX.x	XX.x	2522.18	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Learning/AI thermostats	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
Commercial HVAC controllers	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
Wi-Fi/cloud	XX.x	XX.x	XX.x	2166.6	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Zigbee/Z-Wave	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
Platform integrations	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.

Installation	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
DIY	XX.x	XX.x	XX.x	2780.24	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Professional	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