Australia Smart Homes Market

Australia Smart Homes Market Overview:

The Australia smart homes market size reached USD 3.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 11.5 Billion by 2033, exhibiting a growth rate (CAGR) of 11.60% during 2025-2033. The market is experiencing growth with rising demand for automated living, energy efficiency, and better security. Customers are embracing intelligent technologies that allow for hassle-free control and connectivity of devices at a fast pace, converting ordinary homes into smart, responsive homes in accordance with comfort, security, and contemporary lifestyle choices.

Australia Smart Homes Market Trends:

Increasing AI Adoption in Smart Homes

The application of artificial intelligence (AI) in Australia smart homes is revolutionizing how residents engage with technology. AI systems are enhancing the functionality of smart homes by undertaking tasks such as controlling temperature, security, and energy consumption optimization. For instance, in January 2024, Hisense Australia widened its range of ConnectLife-enabled smart home appliances, adding integration with its latest TV range to provide improved energy efficiency, remote control, and smart home control in one with a specific mobile app. Moreover, as the number of AI-based smart devices boosts, Australian homes are becoming more intelligent and efficient. The ability to interpret user habits and adjust to individual preferences is driving the adoption of AI technology for home automation. The technology not only renders living easier but also optimizes the energy efficiency of a house, making it smarter and more environmentally friendly. With growing advancements in AI, it will enhance the functionality of smart homes, from preventive maintenance to advanced voice-controlled assistants. The smart homes market in Australia will continue to grow, giving users across the country better living conditions. Increased use of AI is one of the key factors that drives the Australia smart homes market growth, as consumers want smarter, more tailored solutions for their living spaces.

Growth of Voice-Controlled Smart Devices

Smart devices activated by voice have become widely popular in Australian homes, enabling people to control their smart homes with ease. After the introduction of smart displays and smart speakers as advanced voice assistants, Australians are welcoming hands-free management of diverse home tasks, from lighting and thermostat operation to home entertainment system control. The ease and growing accuracy of voice recognition technologies are among the major drivers of these devices' popularity. The Australia smart homes market share is further growing as devices that operate on voice control play an instrumental role in determining the future of home automation. For example, in July 2024, LG Electronics made an 80% acquisition in Athom, a smart home platform, with which it added its connectivity into LG ThinQ to drive AI home innovation forward and grow the open smart home platform. Furthermore, with voice control becoming more dependable and compatible with more smart products, Australians are getting more accustomed to using such devices to streamline their day-to-day activities. This pattern suggests a change towards more human-centric and user-friendly home automation solutions that integrate with contemporary living patterns and perceptions.

Expansion of Smart Security Systems

Smart security systems are fast transforming the way Australians go about securing their homes, with new features like facial recognition, remote monitoring, and real-time notifications. As concern for safety grows, the systems give homeowners greater control and access to their home, bringing about peace of mind. The increased uptake of cost-efficient, easy-to-fit products is fueling this trend. Customers are now able to lock up their homes with network-enabled cameras, intelligent locks, and movement sensors, which can be all operated remotely from smartphones or other networked devices. Australia smart homes market outlook indicate steady expansion in the intelligent security industry driven by demand for advanced and enhanced security systems. As technology continues to advance the market, intelligent security systems are likely to become the standard feature in Australian homes, offering amplified protection and convenience for homeowners.

Australia Smart Homes Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on component and application.

Component Insights:

• Hardware
  • Security
  • Home Automation
  • Home Entertainment
  • Home Healthcare
• Smart Appliances
• AI Speaker
• Services
  • Energy Consumption and Management Services
  • Security Services
  • Healthcare Services
  • Entertainment Services

The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware (security, home automation, home entertainment, and home healthcare), smart appliances, AI speaker, and services (energy consumption and management services, security services, healthcare services, and entertainment services).

Application Insights:

• Security and Surveillance
• Lighting
• Entertainment
• Energy Management
• HVAC
• Smart Kitchen
• Home Fitness and Wellness

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes security and surveillance, lighting, entertainment, energy management, HVAC, smart kitchen, and home fitness and wellness.

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Smart Homes Market News:

• In March 2025, Roborock introduced its Saros, F25, and Qrevo EdgeC series of smart cleaning products in Australia adding innovative AI navigation, enhanced suction, and robotic arm tech. This move is major for Roborock, emphasizing the company's determination to provide smart, next-gen cleaning products that suit contemporary Australian homes.

Australia Smart Homes Market Report Coverage:

Key Questions Answered in This Report:

• How has the Australia smart homes market performed so far and how will it perform in the coming years?
• What is the breakup of the Australia smart homes market on the basis of component?
• What is the breakup of the Australia smart homes market on the basis of application?
• What is the breakup of the Australia smart homes market on the basis of region?
• What are the various stages in the value chain of the Australia smart homes market? 
• What are the key driving factors and challenges in the Australia smart homes?
• What is the structure of the Australia smart homes market and who are the key players?
• What is the degree of competition in the Australia smart homes market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia smart homes market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia smart homes market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia smart homes industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.