DIY Home Automation Market set to reach $508.78 billion by 2032.
From GlobeNewswire: 2025-04-23 09:00:00
The DIY Home Automation Market was valued at USD 50.46 billion in 2023 and is projected to reach USD 508.78 billion by 2032, growing at a CAGR of 29.28%. DIY systems offer affordable smart home solutions with products like smart lighting, security cameras, and thermostats, making smart homes accessible to budget-conscious buyers.
Leading market players include Nest Labs, Honeywell, Acuity Brands, Samsung, and more, offering a range of smart home products like thermostats, security cameras, lighting solutions, and home automation systems. These companies are driving the growth of the DIY Home Automation market, which is expected to reach USD 123.91 billion in the U.S. by 2032.
The DIY Home Automation market is driven by key drivers like affordable solutions, energy efficiency, and rising demand for smart home devices. With advancements in technology, increased interoperability, and government incentives for energy-efficient homes, the market is expanding. Security, connectivity, and entertainment are key factors shaping the market from 2023 to 2032.
In 2023, Security & Access Control led the market with 32% of total revenue, driven by rising home security concerns. Network Technologies dominated with 51% revenue share, and Behavioral software accounted for 64% revenue. Safety and Security applications led with 40% revenue share, while Entertainment is projected to grow the fastest from 2024 to 2032.
North America leads the DIY Home Automation market, supported by high consumer demand and advanced technology infrastructure. Asia Pacific is set for rapid growth from 2024 to 2032, driven by urbanization, IoT adoption, and smart city initiatives in countries like China, India, and Japan. Recent developments include Schneider Electric’s Schneider Home and Samsung’s 3D Map View feature in the SmartThings app.
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