European Smart Home Market

The European smart home market was valued at USD 23.73 billion in 2025 and is projected to reach USD 32.67 billion by 2030; it is expected to register a CAGR of 6.6% during the forecast period. The ongoing shift to urbanization and the emergence of smart cities is in favor of an increase in the adoption of smart home solutions. With growing concerns regarding home security and the increasing demand for renewable energy sources, integrating smart security systems and energy management devices greatly contributes to the high demand for smart home devices in Europe.

Major players operating in the European smart home market are Johnson Controls Inc. (Ireland), Schneider Electric (France), Siemens (Germany), Honeywell International Inc. (US), and ASSA ABLOY (Sweden). To boost market presence and product offerings, companies primarily focus on adopting organic and inorganic growth strategies such as product launches, acquisitions, and agreements. For instance, In March 2025, Yale introduced the Yale Smart Lock with Matter as its next-generation smart lock, exclusively supporting Google Home and Matter-enabled smart home platforms. These strategies have enabled market leaders to increase outreach for smart home devices and adherence to changing worldwide regulations, thus improving their competitive positions in the European smart home market.

To know about the assumptions considered for the study download the pdf brochure

Major European Smart Home Companies Include:

• Johnson Controls Inc. (Ireland)
• Honeywell International Inc. (US)
• Schneider Electric (France)
• Siemens (Germany)
• ASSA ABLOY (Sweden)
• Amazon.com, Inc. (US)
• Apple Inc. (US)
• Resideo Technologies Inc. (US)
• Robert Bosch (Germany)
• ABB (Switzerland)

Johnson Controls Inc. (Ireland) is the leading global provider of integrated facility management services, energy solutions, and building technology. The company offers a variety of innovative smart home products that are designed to improve security, comfort, convenience, and energy efficiency. To enhance the quality of life for homeowners, Johnson Controls developed a wide range of integrated solutions that utilize cutting-edge home automation technology. From connected thermostats and lighting controls to cutting-edge door locks and security systems, Johnson Controls offers a range of services and products that can be tailored to meet the specific needs of any home.

Schneider Electric (France) is one of the leading providers of smart home solutions. It is an integrated solution provider for each market segment, including utilities, infrastructure, industries, data centers, and buildings. The company's offerings include products, software, and services for energy distribution, automation, and control. Schneider is determined to save energy and renewable energy efficiently to become a catalyst for sustainable and efficient energy through digital transformation and energy management.

Market Ranking

The European smart home market is concentrated, with five key players holding 32–42% of the total market share. These market leaders are Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), and ASSA ABLOY (Sweden). They have established a strong worldwide presence based on diversified product offerings and inorganic expansions. Market players build their positions through completely integrated systems, intensive energy-saving measures, and rigorous GDPR data protection mandates. Their solutions fit consumer needs and multiple housing scale projects and fulfill EU green building performance standards guidelines. These companies have two distinct business models: one that concentrates on smart lighting and automated shading and one that delivers complete home automation platforms.

Related Reports:

European Smart Home Market by Lighting Controls, Smart Speakers, Entertainment Controls, HVAC Controls, Security & Access Control, Smart Kitchen, Home Healthcare, Smart Furniture, Home Appliances, Wired, Behavioral, Proactive - Global Forecast to 2030

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com