India Smart Home Devices Market Size, Share, Report, 2033

India Smart Home Devices Market Size, Share, Trends and Forecast by Component, Type, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A29762

India Smart Home Devices Market Size and Share:

The India smart home devices market size reached USD 6.70 Billion in2024. Looking forward, IMARC Group expects the market to reach USD 47.46 Billion by 2033, exhibiting a growth rate (CAGR) of 24.30% during 2025-2033. The growing internet penetration, smartphone adoption, demand for home automation, energy efficiency, expanding internet of things (IoT) ecosystems, artificial intelligence (AI) integration, government policies, competitive pricing, and evolving user lifestyles are some of the major factors propelling the growth of the market in the country.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 6.70 Billion
Market Forecast in 2033	USD 47.46 Billion
Market Growth Rate (2025-2033)	24.30%

India Smart Home Devices Market Trends:

Rising Internet Penetration and Smartphone Adoption

The growing accessibility of high-speed internet and increasing smartphone penetration are key factors accelerating the demand for smart home devices in India. With widespread availability of affordable data plans and expanding 5G networks, individuals are integrating connected devices into their daily lives. For instance, in 2024, Vodafone Idea made a $3.6 billion agreement with Nokia, Ericsson, and Samsung to strengthen its network infrastructure. The partnership focused on adopting flexible 4G and 5G technologies, enhancing client experience, and improving energy efficiency. This collaboration was part of Vodafone Idea’s larger Rs 55,000 crore investment plan to expand 4G coverage and roll out 5G services. Smart home ecosystems rely on seamless connectivity, and improvements in network infrastructure are enhancing device performance and real-time control. Additionally, mobile applications serve as central hubs for managing various smart home functions, making automation more convenient. As digital literacy improves across urban and semi-urban areas, people are becoming more comfortable with smart technologies. The convenience of remote access, coupled with cloud-based functionalities, is strengthening the growth of the market. Continuous investments in telecom infrastructure and government initiatives to promote digital transformation are further driving the demand for smart home devices, fostering a competitive environment where manufacturers are focusing on innovation and affordability.

Growing Preference for Home Automation and Energy Efficiency

The increasing emphasis on home automation and energy efficiency is fueling the need for smart home devices in India. People are prioritizing convenience, security, and sustainability when making purchasing decisions. Smart lighting, thermostats, and energy-efficient appliances allow households to optimize energy usage, reducing electricity bills and contributing to environmental conservation. The rising cost of energy and growing awareness about sustainable living are prompting individuals to invest in automation solutions that offer long-term savings. Advanced sensors, machine learning (ML), and artificial intelligence (AI) technologies are further enhancing automation capabilities, enabling predictive maintenance and adaptive energy use. The government’s push for energy conservation through smart metering and efficiency regulations is also encouraging adoption. Manufacturers are responding by introducing affordable, user-friendly solutions that cater to the diverse needs of Indian users. In 2024, ABB India introduced ABB-free@home®, a wireless smart home automation solution aimed at improving comfort, security, and energy efficiency. The system connected with leading platforms such as Apple HomeKit, Google Home, and Samsung SmartThings, enabling users to effortlessly manage different devices and appliances. It further advanced sustainability objectives by enhancing energy use and lowering carbon emissions, making it suitable for both new and renovated residential projects.

India Smart Home Devices Market Segmentation:

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

Component Insights:

Solution
Services

The report has provided a detailed breakup and analysis of the market based on the component. This includes solution and services.

Type Insights:

Security and Access Control
HVAC Control
Entertainment and Other Controls
Smart Kitchen
Lighting Control
Home Appliances
Smart Furniture
Others

A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes security and access control, HVAC control, entertainment and other controls, smart kitchen, lighting control, home appliances, smart furniture, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

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.

India Smart Home Devices Market News:

In January 2025, Amazon launched the Echo Spot, a smart alarm clock with Alexa integration, offering customizable clock faces, new alarm sounds, and vibrant sound. It features an interactive 2.83" touch-screen and can control Alexa-compatible smart devices. The Echo Spot is available in Black and Blue on Amazon.in, Blinkit, and Croma.
In May 2024, Yale unveiled its next-generation smart devices at the Smart Home Expo in Mumbai, including the Smart Indoor Camera, Smart Outdoor Camera, and Smart Video Doorbell. These devices offered advanced security features such as 1080p HD image quality, AI-driven human detection, and seamless integration with other Yale products and voice assistants. The devices were designed for easy control through the Yale Home app, enhancing smart home security for users.

India Smart Home Devices Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Component Type Region
Components Covered	Solution, Services
Types Covered	Security and Access Control, HVAC Control, Entertainment and Other Controls, Smart Kitchen, Lighting Control, Home Appliances, Smart Furniture, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India smart home devices market performed so far and how will it perform in the coming years?
What is the breakup of the India smart home devices market on the basis of component?
What is the breakup of the India smart home devices market on the basis of type?
What is the breakup of the India smart home devices market on the basis of XX?
What is the breakup of the India smart home devices market on the basis of XX?
What is the breakup of the India smart home devices market on the basis of region?
What are the various stages in the value chain of the India smart home devices market?
What are the key driving factors and challenges in the India smart home devices market?
What is the structure of the India smart home devices market and who are the key players?
What is the degree of competition in the India smart home devices 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 India smart home devices market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India smart home devices 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 India smart home devices 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.

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