Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Smart Home Market Outlook
*this image is indicative*
Based on components, the Australia smart home market share is led by smart appliances as they perform various tasks including cleaning and cooking
The Australia smart home market is thriving due to smart appliances, which feature automatic functions and can adapt to changing temperature conditions, thereby enhancing task efficiency. Moreover, they are equipped with specific features to perform specific tasks with higher efficiency and convenience. Due to the presence of sensors and timers, they can be operated by the users without getting in direct contact with the appliances.
| Australia Smart Home Market Summary | Description | Value |
| Base Year | AUD Billion | 2023 |
| Historical period | AUD Billion | 2018-2023 |
| Forecast Period | AUD Billion | 2024-2032 |
| Market Size 2023 | AUD Billion | 2.9 |
| Market Size 2032 | AUD Billion | 5.9 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 8.0% |
| CAGR 2024-2032 - Market by Region | New South Wales | 9.2% |
| CAGR 2024-2032 - Market by Region | Australian Capital Territory | 7.2% |
| CAGR 2024-2032 - Market by Component | Smart Appliances | 9.1% |
| CAGR 2024-2032 - Market by Distribution Channel | Online | 9.0% |
| Market Share by Region | Western Australia | 13.6% |
The Australia smart home market development is being guided by various trends including the integration of voice control such as Apple Siri and Google Assistant to control the smart home appliances via voice commands. Moreover, to promote the sustainability the smart home appliances are being equipped with the smart thermostats and LED lighting. They are also being integrated with the sleep-trackers and air quality monitor to help users in maintaining their health. Nowadays, the smart home appliances are being installed with the two-factor authentication and end-to-end encryption features to provide data privacy to the users. Recently, Samsung has launched smart TVs equipped with AI features.
The Australia smart home market development is being guided by various trends including the integration of voice control such as Apple Siri and Google Assistant to control the smart home appliances via voice commands.
Market Breakup by Component
Market Breakup by Application
Market Breakup by Distribution Channel
Market Breakup by Region
The Australia smart home market key players are Sonos, Inc, Signify, Allegion Plc, Electrolux Home Products Pty Ltd, Brilliant Lighting (Aust) Pty Ltd, Ring LLC, Access Hardware (TAS) Pty Ltd., and Clarke Security Pty Ltd among others.
| CAGR 2024-2032 - Market by | Region |
| New South Wales | 9.2% |
| Australian Capital Territory | 7.2% |
| Others | 6.4% |
| Victoria | XX% |
| Queensland | XX% |
| Western Australia | XX% |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at AUD 2.93 billion in 2023.
The market is projected to grow at a CAGR of 8.04% between 2024 and 2032.
The revenue generated from the market is expected to reach AUD 5.88 billion in 2032.
The smart home market is growing with an increase in the development of sustainable use of smart home appliances, enhancing data privacy, health management and integration of voice control systems.
Based on the component, the smart home market is bifurcated into hardware, AI speaker, smart appliances, services, and others.
Key players in the Australia smart home industry are Sonos, Inc, Signify, Allegion Plc, Electrolux Home Products Pty Ltd, Brilliant Lighting (Aust) Pty Ltd, Ring LLC, Access Hardware (TAS) Pty Ltd., and Clarke Security Pty Ltd among others.
Based on application, the smart home market is divided into security, smart appliances, energy management, comfort and lightning, home entertainment, control and connectivity.
The different distribution channels for smart home include specialty store, online and others.
The market is broken down into New South Wales, Victoria, Queensland, the Australia Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Application |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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