Smart Home Market to Reach USD 174.17B by 2034 Driven by IoT...

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2026-03-11 08:58:17 -

Smart Home Market to Reach USD 174.17B by 2034 Driven by IoT Growth and Rising Home Automation Demand

According to a new report from Intel Market Research, the global Smart Home market was valued at USD 118.71 billion in 2025 and is projected to reach USD 174.17 billion by 2034, growing at a steady CAGR of 5.4% during the forecast period. This growth trajectory reflects the accelerating adoption of IoT-enabled residential automation solutions worldwide, with over 13 million smart home units...

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