Smart Home Market Size in India | Forecast & Growth Insights 2025

Code: MTA10369 Publication Date: Oct 2025

What is the Growth Rate of the India Smart Home Market?

According to 6Wresearch internal database and industry insights, India Smart Home Market is expanding at a CAGR of 13.8% during the forecast period 2025-2031.

There are a number of factors contributing to the expansion of the market, including the growing adoption of IoT-enabled home automation systems, rising disposable incomes, increasing penetration of smart devices, and growing consumer awareness regarding energy efficiency and convenience.

Key Growth Drivers of the India Smart Home Market

  • Rising adoption of IoT and AI-integrated smart home devices
  • Increasing demand for energy-efficient and connected appliances
  • The growth of e-commerce and digital retail channels
  • Technological advancements in wireless communication systems
  • Rising disposable income and lifestyle modernization among consumers

India Smart Home Market Trends

India Smart Home Market is witnessing strong growth with notable trends such as increasing demand for voice-controlled devices like smart speakers and home assistants. Home automation systems are using both AI and machine learning. Consumers in cities are starting to like smart lights, thermostats, and security systems. The appliances are connected to the internet, they are changing the way people live in their homes. The people are adding smart technologies to their old homes. Consumers are also interested in home automation services that work with smartphone apps and offer subscription-based models.

Emerging Developments in the India Smart Home Market

India Smart Home Market is evolving through continuous technological advancements in connectivity, automation, and interoperability among smart devices. Manufacturers are focusing on developing integrated home ecosystems that combine entertainment, security, and energy management under one platform. The rise of 5G networks is expected to improve how well devices work and how well people can talk to each other in real time.

Affordable and modular automation solutions that work well in Indian homes are being offered by local startups. More technology companies are working together with real estate developers to make smart homes more common in new residential projects. Additionally, manufacturers are putting more emphasis on data privacy and cybersecurity.

List of Leading Companies in the India Smart Home Market

Some of the leading companies include:

  • Schneider Electric SE
  • Samsung Electronics Co., Ltd.
  • LG Electronics Inc.
  • Panasonic India Pvt. Ltd.
  • Honeywell International Inc.
  • Philips Lighting India Ltd.
  • Tata Power EZ Home

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