How much is the artificial intelligence (ai) in home automation market worth, and how is it expected to expand?
The artificial intelligence (AI) in home automation market size has grown exponentially in recent years. It will grow from $20.52 $ billion in 2024 to $26.64 $ billion in 2025 at a compound annual growth rate (CAGR) of 29.8%. The growth in the historic period can be attributed to increasing consumer demand for convenience, improved connectivity, cost reductions, energy efficiency, increased adoption of smart device.
The artificial intelligence (AI) in home automation market size is expected to see exponential growth in the next few years. It will grow to $75.08 $ billion in 2029 at a compound annual growth rate (CAGR) of 29.6%. The growth in the forecast period can be attributed to rising consumer awareness, increased focus on energy efficiency, expansion of 5g networks, government incentives and regulations, expansion of smart city projects. Major trends in the forecast period include integration of ai and iot, voice-activated and natural language processing technologies, enhanced security and privacy features, technological integration, advancements in personalization and customization.
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Which industry factors have accelerated the artificial intelligence (ai) in home automation market’s expansion?
The growing adoption of smart home devices is expected to propel the growth of AI in home automation market going forward. Smart home devices are interconnected gadgets that automate and control various aspects of a home, such as lighting, temperature, and security, through remote access and intelligent technology. The growing adoption of smart home devices is driven by increased consumer demand for convenience, enhanced energy efficiency, and improved security features, combined with advancements in technology and affordability. AI home automation enhances the growing adoption of smart home devices by enabling more personalized, intuitive, and efficient control of home environments through advanced machine learning algorithms and predictive analytics. For instance, in September 2022, according to Dataconomy, a Germany-based portal for news, events, and expert opinion from the world of data-driven technology, by the end of June 2022, there were 17.1 connected gadgets and smart home appliances per home on average around the world, a 10% increase over the previous year at the same period.
What are the primary segments of the artificial intelligence (ai) in home automation market?
The artificial intelligence (AI) in home automation market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Technology: Machine Learning (ML), Natural Language Processing (NLP), Computer Vision, Other Technologies
3) By Application: Voice Assistants, Security And Surveillance, Energy Management, Predictive Maintenance, Other Applications
Subsegments:
1) By Hardware: Smart Sensors (motion, temperature, humidity), Smart Thermostats, AI-Enabled Smart Speakers and Assistants, Smart Lighting Systems, AI-Based Home Security Cameras, Smart Appliances, Home Automation Hubs and Controllers
2) By Software: AI-Based Home Automation Platforms, Voice Recognition Software, Machine Learning Algorithms for Smart Homes, AI-Powered Home Energy Management Software, Predictive Maintenance Software, Home Automation Mobile Apps
3) By Services: AI Home Automation Integration Services, Cloud-Based AI Services for Smart Homes, Managed Services for Home Automation Systems, AI-Driven Security and Surveillance Services, AI Consultation and Customization Services, Technical Support and Maintenance Services
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Which firms are leading the artificial intelligence (ai) in home automation market?
Major companies operating in the artificial intelligence (AI) in home automation market are Amazon.com Inc., Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Siemens AG, Intel Corporation., International Business Machines Corporation, LG Corporation, Panasonic Corporation, Xiaomi Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd, Nvidia Corporation., Johnson Controls International PLC, Legrand, ADT Inc., Vivint Smart Home Inc., iRobot Corporation, Sansiri PLC, Control4 Corporation, Qualisys AB, Mycroft AIInc., Josh.ai
Which market trends are set to define the future of the artificial intelligence (ai) in home automation market?
Major companies operating in the AI home automation market are integrating generative AI into consumer technology for enhanced personalization, such as generative AI-based home automation script generators, to create highly customized and adaptive home environments with extended market offerings. Generative AI-based smart home automation script generators automatically create customized scripts and routines for managing and optimizing smart home devices and systems. For instance, in November 2023, Google LLC, a US-based technology company, launched an innovative generative AI feature named “Help Me Script” in its script editor, designed to enhance smart home automation. This experimental tool enables users to create personalized automation scripts through natural language prompts, simplifying the process for individuals without coding expertise. This feature is available for a limited time and aims to empower users with advanced customization capabilities previously unattainable. Additionally, incorporating AI-driven automation, such as using camera events to trigger actions, points to a future where smart homes are increasingly proactive and responsive to user needs, further enhancing convenience and security.
Which geographic trends are shaping the artificial intelligence (ai) in home automation market, and which region has the highest market share?
North America was the largest region in the artificial intelligence (AI) in home automation market in 2024. The regions covered in the artificial intelligence (AI) in home automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Artificial intelligence (AI) In Home Automation Market Report 2025 Offer?
The artificial intelligence (ai) in home automation market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Artificial intelligence (AI) in home automation refers to the integration of AI technologies into smart home systems to create a more intelligent, responsive, and efficient living environment. AI enhances the capabilities of home automation by enabling devices to learn from user behavior, adapt to preferences, and make decisions autonomously. AI can provide suggestions for improving the efficiency of the home environment, such as recommending when to adjust thermostat settings for optimal comfort and energy savings.
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