According to the Markets and Markets report “Home Automation System Market by Lighting Controls, Smart Speakers, Entertainment Controls, HVAC Controls, Security & Access Controls, Wired, Wireless, Behavioral, Proactive, Multi-family Residence, Single-family Residence Global Forecast to 2029,” the current home automation market is valued at $57.67 billion in 2024 and is projected to reach $73.49 billion by 2029.

The market is currently dominated by DIY products from companies like Amazon and Google, as well as pre-wired options in multi-family dwellings provided by companies like Honeywell and Legrand. In the high-end automation sector, system integrators such as Savant, Control4, Elan, URC, RTI, and Crestron make up less than 7% of the total market.

Reports suggest that Apple will debut a whole-home control option in 2025. Currently, AppleTV can act as a basic home controller through Siri, though it remains categorized as a DIY solution. However, it’s estimated that Apple’s share in this category is larger than that of custom automation companies combined. The introduction of a dedicated user-interface controller from Apple could significantly impact the market.

The fastest-growing sectors in home automation, according to Markets and Markets, are security and HVAC/energy management.

If you’re interested in the report, go here: https://www.marketsandmarkets.com/Market-Reports/home-automation-control-systems-market-469.html