The Europe Smart Home Devices Market would witness market growth of 18.7% CAGR during the forecast period (2023-2030).
Media coverage, marketing campaigns, and word-of-mouth recommendations have raised awareness about the potential for automation, energy savings, home security, and convenience smart home technology offers. The shift towards remote work, online learning, and telecommuting has increased time spent at home, driving demand for solutions that enhance comfort, productivity, and connectivity within residential spaces.
Moreover, it offers remote access and control capabilities, allowing users to monitor and manage their homes from anywhere using smartphones or other connected devices.
By contrast, 10% used internet-based energy management technologies, including plug-ins, utility meters, thermostats, and lights. As IoT technology continues to evolve and mature, the market in Europe is poised for further expansion and transformation, offering new opportunities for industry consumers to embrace connected living environments and realize the benefits of IoT-enabled solutions. Therefore, the increasing usage of IoT devices in the region drives the market's growth.
The Germany market dominated the Europe Smart Home Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $25,042.6 Million by 2030. The UK market is exhibiting a CAGR of 17.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 19.6% during (2023 - 2030).
Free Valuable Insights: The Global Smart Home Devices Market will Hit USD 399.5 Billion by 2030, at a CAGR of 19.2%
Based on Component, the market is segmented into Solutions, and Services. Based on Type, the market is segmented into Lighting Control, Security & Access Control, Home Appliances, Entertainment & Other Controls, Smart Kitchen, HVAC Control, Smart Furniture, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Johnson Controls International PLC
- Schneider Electric SE
- Siemens AG
- Honeywell International, Inc.
- Amazon.com, Inc.
- Apple Inc.
- Google LLC (Alphabet Inc.)
- Robert Bosch GmbH
- Raytheon Technologies Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
Europe Smart Home Devices Market Report Segmentation
By Component
By Type
- Lighting Control
- Security & Access Control
- Home Appliances
- Entertainment & Other Controls
- Smart Kitchen
- HVAC Control
- Smart Furniture
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Smart Home Devices Market, by Component
1.4.2 Europe Smart Home Devices Market, by Type
1.4.3 Europe Smart Home Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnership & Collaboration: 2019, Dec – 2024, Feb) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. Europe Smart Home Devices Market, by Component
5.1 Europe Solutions Market, by Country
5.2 Europe Services Market, by Country
Chapter 6. Europe Smart Home Devices Market, by Type
6.1 Europe Lighting Control Market, by Country
6.2 Europe Security & Access Control Market, by Country
6.3 Europe Home Appliances Market, by Country
6.4 Europe Entertainment & Other Controls Market, by Country
6.5 Europe Smart Kitchen Market, by Country
6.6 Europe HVAC Control Market, by Country
6.7 Europe Smart Furniture Market, by Country
6.8 Europe Others Market, by Country
Chapter 7. Europe Smart Home Devices Market, by Country
7.1 Germany Smart Home Devices Market
7.1.1 Germany Smart Home Devices Market, by Component
7.1.2 Germany Smart Home Devices Market, by Type
7.2 UK Smart Home Devices Market
7.2.1 UK Smart Home Devices Market, by Component
7.2.2 UK Smart Home Devices Market, by Type
7.3 France Smart Home Devices Market
7.3.1 France Smart Home Devices Market, by Component
7.3.2 France Smart Home Devices Market, by Type
7.4 Russia Smart Home Devices Market
7.4.1 Russia Smart Home Devices Market, by Component
7.4.2 Russia Smart Home Devices Market, by Type
7.5 Spain Smart Home Devices Market
7.5.1 Spain Smart Home Devices Market, by Component
7.5.2 Spain Smart Home Devices Market, by Type
7.6 Italy Smart Home Devices Market
7.6.1 Italy Smart Home Devices Market, by Component
7.6.2 Italy Smart Home Devices Market, by Type
7.7 Rest of Europe Smart Home Devices Market
7.7.1 Rest of Europe Smart Home Devices Market, by Component
7.7.2 Rest of Europe Smart Home Devices Market, by Type
Chapter 8. Company Profiles
8.1 Johnson Controls International PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental & Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Schneider Electric SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.5.4 Geographical Expansions:
8.2.6 SWOT Analysis
8.3 Siemens AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Honeywell International, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Amazon.com, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.5 SWOT Analysis
8.6 Apple, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Google LLC (Alphabet Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Robert Bosch GmbH
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 SWOT Analysis
8.9 Raytheon Technologies Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 SWOT Analysis
8.10. Samsung Electronics Co., Ltd. (Samsung Group)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 SWOT Analysis
TABLE 1 Europe Smart Home Devices Market, 2019 - 2022, USD Million
TABLE 2 Europe Smart Home Devices Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Home Devices Market
TABLE 4 Product Launches And Product Expansions– Smart Home Devices Market
TABLE 5 Acquisition and Mergers– Smart Home Devices Market
TABLE 6 Europe Smart Home Devices Market, by Component, 2019 - 2022, USD Million
TABLE 7 Europe Smart Home Devices Market, by Component, 2023 - 2030, USD Million
TABLE 8 Europe Solutions Market, by Country, 2019 - 2022, USD Million
TABLE 9 Europe Solutions Market, by Country, 2023 - 2030, USD Million
TABLE 10 Europe Services Market, by Country, 2019 - 2022, USD Million
TABLE 11 Europe Services Market, by Country, 2023 - 2030, USD Million
TABLE 12 Europe Smart Home Devices Market, by Type, 2019 - 2022, USD Million
TABLE 13 Europe Smart Home Devices Market, by Type, 2023 - 2030, USD Million
TABLE 14 Europe Lighting Control Market, by Country, 2019 - 2022, USD Million
TABLE 15 Europe Lighting Control Market, by Country, 2023 - 2030, USD Million
TABLE 16 Europe Security & Access Control Market, by Country, 2019 - 2022, USD Million
TABLE 17 Europe Security & Access Control Market, by Country, 2023 - 2030, USD Million
TABLE 18 Europe Home Appliances Market, by Country, 2019 - 2022, USD Million
TABLE 19 Europe Home Appliances Market, by Country, 2023 - 2030, USD Million
TABLE 20 Europe Entertainment & Other Controls Market, by Country, 2019 - 2022, USD Million
TABLE 21 Europe Entertainment & Other Controls Market, by Country, 2023 - 2030, USD Million
TABLE 22 Europe Smart Kitchen Market, by Country, 2019 - 2022, USD Million
TABLE 23 Europe Smart Kitchen Market, by Country, 2023 - 2030, USD Million
TABLE 24 Europe HVAC Control Market, by Country, 2019 - 2022, USD Million
TABLE 25 Europe HVAC Control Market, by Country, 2023 - 2030, USD Million
TABLE 26 Europe Smart Furniture Market, by Country, 2019 - 2022, USD Million
TABLE 27 Europe Smart Furniture Market, by Country, 2023 - 2030, USD Million
TABLE 28 Europe Others Market, by Country, 2019 - 2022, USD Million
TABLE 29 Europe Others Market, by Country, 2023 - 2030, USD Million
TABLE 30 Europe Smart Home Devices Market, by Country, 2019 - 2022, USD Million
TABLE 31 Europe Smart Home Devices Market, by Country, 2023 - 2030, USD Million
TABLE 32 Germany Smart Home Devices Market, 2019 - 2022, USD Million
TABLE 33 Germany Smart Home Devices Market, 2023 - 2030, USD Million
TABLE 34 Germany Smart Home Devices Market, by Component, 2019 - 2022, USD Million
TABLE 35 Germany Smart Home Devices Market, by Component, 2023 - 2030, USD Million
TABLE 36 Germany Smart Home Devices Market, by Type, 2019 - 2022, USD Million
TABLE 37 Germany Smart Home Devices Market, by Type, 2023 - 2030, USD Million
TABLE 38 UK Smart Home Devices Market, 2019 - 2022, USD Million
TABLE 39 UK Smart Home Devices Market, 2023 - 2030, USD Million
TABLE 40 UK Smart Home Devices Market, by Component, 2019 - 2022, USD Million
TABLE 41 UK Smart Home Devices Market, by Component, 2023 - 2030, USD Million
TABLE 42 UK Smart Home Devices Market, by Type, 2019 - 2022, USD Million
TABLE 43 UK Smart Home Devices Market, by Type, 2023 - 2030, USD Million
TABLE 44 France Smart Home Devices Market, 2019 - 2022, USD Million
TABLE 45 France Smart Home Devices Market, 2023 - 2030, USD Million
TABLE 46 France Smart Home Devices Market, by Component, 2019 - 2022, USD Million
TABLE 47 France Smart Home Devices Market, by Component, 2023 - 2030, USD Million
TABLE 48 France Smart Home Devices Market, by Type, 2019 - 2022, USD Million
TABLE 49 France Smart Home Devices Market, by Type, 2023 - 2030, USD Million
TABLE 50 Russia Smart Home Devices Market, 2019 - 2022, USD Million
TABLE 51 Russia Smart Home Devices Market, 2023 - 2030, USD Million
TABLE 52 Russia Smart Home Devices Market, by Component, 2019 - 2022, USD Million
TABLE 53 Russia Smart Home Devices Market, by Component, 2023 - 2030, USD Million
TABLE 54 Russia Smart Home Devices Market, by Type, 2019 - 2022, USD Million
TABLE 55 Russia Smart Home Devices Market, by Type, 2023 - 2030, USD Million
TABLE 56 Spain Smart Home Devices Market, 2019 - 2022, USD Million
TABLE 57 Spain Smart Home Devices Market, 2023 - 2030, USD Million
TABLE 58 Spain Smart Home Devices Market, by Component, 2019 - 2022, USD Million
TABLE 59 Spain Smart Home Devices Market, by Component, 2023 - 2030, USD Million
TABLE 60 Spain Smart Home Devices Market, by Type, 2019 - 2022, USD Million
TABLE 61 Spain Smart Home Devices Market, by Type, 2023 - 2030, USD Million
TABLE 62 Italy Smart Home Devices Market, 2019 - 2022, USD Million
TABLE 63 Italy Smart Home Devices Market, 2023 - 2030, USD Million
TABLE 64 Italy Smart Home Devices Market, by Component, 2019 - 2022, USD Million
TABLE 65 Italy Smart Home Devices Market, by Component, 2023 - 2030, USD Million
TABLE 66 Italy Smart Home Devices Market, by Type, 2019 - 2022, USD Million
TABLE 67 Italy Smart Home Devices Market, by Type, 2023 - 2030, USD Million
TABLE 68 Rest of Europe Smart Home Devices Market, 2019 - 2022, USD Million
TABLE 69 Rest of Europe Smart Home Devices Market, 2023 - 2030, USD Million
TABLE 70 Rest of Europe Smart Home Devices Market, by Component, 2019 - 2022, USD Million
TABLE 71 Rest of Europe Smart Home Devices Market, by Component, 2023 - 2030, USD Million
TABLE 72 Rest of Europe Smart Home Devices Market, by Type, 2019 - 2022, USD Million
TABLE 73 Rest of Europe Smart Home Devices Market, by Type, 2023 - 2030, USD Million
TABLE 74 Key Information – Johnson Controls International PLC
TABLE 75 Key Information – Schneider Electric SE
TABLE 76 Key Information – Siemens AG
TABLE 77 Key Information – Honeywell International, Inc.
TABLE 78 Key Information – Amazon.com, Inc.
TABLE 79 Key Information – Apple, Inc.
TABLE 80 Key Information – Google LLC
TABLE 81 Key Information – Robert Bosch GmbH
TABLE 82 Key Information – Raytheon Technologies Corporation
TABLE 83 Key Information – Samsung Electronics Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Smart Home Devices Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Smart Home Devices Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnership & collaboration : 2019, DEC – 2024, Feb) Leading Players
FIG 7 Porter’s Five Forces Analysis – Smart Home Devices Market
FIG 8 Europe Smart Home Devices Market share, by Component, 2022
FIG 9 Europe Smart Home Devices Market share, by Component, 2030
FIG 10 Europe Smart Home Devices Market, by Component, 2019 - 2030, USD Million
FIG 11 Europe Smart Home Devices Market share, by Type, 2022
FIG 12 Europe Smart Home Devices Market share, by Type, 2030
FIG 13 Europe Smart Home Devices Market, by Type, 2019 - 2030, USD Million
FIG 14 Europe Smart Home Devices Market share, by Country, 2022
FIG 15 Europe Smart Home Devices Market share, by Country, 2030
FIG 16 Europe Smart Home Devices Market, by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: Johnson Controls International PLC
FIG 18 SWOT Analysis: Johnson Controls International PLC
FIG 19 Recent strategies and developments: Schneider Electric SE
FIG 20 SWOT Analysis: Schneider Electric SE
FIG 21 Recent strategies and developments: Siemens AG
FIG 22 SWOT Analysis: Siemens AG
FIG 23 Recent strategies and developments: Honeywell International, Inc.
FIG 24 Swot analysis: Honeywell international, inc.
FIG 25 SWOT Analysis: Amazon.com, Inc.
FIG 26 SWOT Analysis: Apple, Inc.
FIG 27 SWOT Analysis: Google LLC
FIG 28 SWOT Analysis: Robert Bosch GmbH
FIG 29 SWOT Analysis: Raytheon Technologies Corporation
FIG 30 SWOT Analysis: Samsung Electronics Co., Ltd