Domotics Market size was valued at USD 75 Billion in 2024 and is forecasted to grow at a CAGR of 8.5% from 2026 to 2033, reaching USD 150 Billion by 2033.
The global domotics market, encompassing home automation systems, was valued at approximately USD 44.51 billion in 2021 and is projected to reach USD 81.89 billion by 2028, reflecting a compound annual growth rate (CAGR) of 9.1% during the forecast period. This growth is driven by increasing consumer demand for energy efficient solutions and advancements in Internet of Things (IoT) technology. Notably, the dwelling sector accounted for 55% of the total revenue in 2023, highlighting the prominence of residential applications in the market. Additionally, the entertainment segment is projected to hold a significant market share, driven by the increasing adoption of smart entertainment devices in households.
Regionally, North America led the domotics market in 2023, capturing 35% of the revenue share, attributed to high disposable incomes and technological advancements. The Asia Pacific region followed closely, contributing 30% to the market, with rapid urbanization and a growing middle class population fueling demand. Europe accounted for 25% of the market share, driven by stringent energy efficiency regulations and sustainability initiatives. Latin America and the Middle East & Africa each held a 5% share. The Asia Pacific region is anticipated to experience the highest growth rate, with a projected CAGR of 11.5%, reaching an estimated USD 44.9 billion by 2032, spurred by smart city projects and increased consumer awareness of smart home technologies.
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ABB
Siemens AG
Sony
Comcast
Schneider Electric
Control4 Corporation
Crestron Electronics
Honeywell International
Legrand SA
Leviton Manufacturing Company
Lutron Electronics
Nest
AMX
ADT
Vivint
Nortek
Acuity Brands
Alarm.com
Time Warner Cable
Savant
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Domotics Market
Smart Lighting
Smart Thermostats
Smart Security Systems
Smart Appliances
Smart Entertainment Systems
Wireless Technology
Wired Technology
Hybrid Technology
Residential
Commercial
Industrial
Homeowners
Property Managers
Facility Managers
Construction Companies
New Installation
Retrofit Installation
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Domotics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Domotics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Domotics Market, By Type
6. Global Domotics Market, By Application
7. Global Domotics Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Domotics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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