Smart Home Hardware Market Size by Region, 2025 to 2030

According to ABI Research, the smart home hardware market size is projected to increase from US$66.5 billion in 2025 to US$82.6 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.4%. 

Asia-Pacific leads the market and also ties with the Middle East & Africa for the fastest CAGR (5.1%). North America is the second-largest regional market, closely followed by Western Europe. 

Methodology

A Total Addressable Market (TAM) forecast for the regional segmentation is leveraged in this study. An historical market size was calculated, and penetration rates of each market segment were forecast. The TAM was used to inform shipment data collected from primary and secondary sources, and to help drive the shipment forecasts in this study.

Within these forecasts, smart home system shipments and revenue are segmented by market offerings and by major geographic region. Regions under analysis are North America, Western and Eastern Europe, Asia-Pacific, Latin America (including Mexico), and the Middle East & Africa. North America is further split into national markets for the United States and Canada.

The forecasts also provide detailed breakouts of the leading devices deployed within smart home systems, from controller through to end points. Wide Area Network (WAN) and SRW connectivity reports and forecasts are also provided for connectivity between smart home devices and the cloud/home gateway/control panel/additional devices.

The overall methodology used for this study consisted of both primary and secondary research. Primary investigations include interviews with:

• Smart home system vendors and dealer-installers
• Smart home device vendors
• Monitored home security alarm providers
• Smart home managed service providers
• Smart home managed platform providers
• Smart home device and systems retailers

Secondary studies used internal ABI Research databases, government databases, reports and regulatory/legislative pronouncements, vendor product data sheets, whitepapers, press releases, trade journals, and industry organization presentation materials.