Technology

Smart Home Technologies Market Projected to Reach $166.7 Billion by 2028: BCC Research

Published

2 years ago

March 1, 2024

BCC Research Study Anticipates Robust Growth in Smart Home Technologies Market, with a Compound Annual Growth Rate (CAGR) of 10.3% Expected from 2023 to 2028, Surpassing $166.7 Billion by the End of the Forecast Period

BOSTON, March 1, 2024 /PRNewswire/ — Step into the world of Smart Home Technologies: Global Markets, where innovation meets convenience and transforms the way we live. From lights that respond to your voice commands to security systems that ensure peace of mind, smart homes are redefining our relationship with technology. Imagine walking into a room and the lights coming on automatically or unlocking your door with just a tap on your phone – these are just a glimpse of the incredible possibilities this market offers. With companies worldwide creating new and exciting ways to make our homes safer, more efficient, and simply more enjoyable, there’s something here for everyone. Whether you dream of a home that knows your preferences or one that can entertain you with a simple command, this global market promises to make your vision a reality.

“According to the latest research study, the demand for Smart Home Technologies: Global Markets expected to increase from $102.3 billion in 2023 to $166.7 billion by the end of 2028 at a compound annual growth rate (CAGR) of 10.3% during the forecast period 2023 to 2028.”

This report offers a thorough examination of the worldwide smart home technologies market, focusing on networking technology, components, applications, and geographic regions. It provides an overview of global market trends, using 2022 as a baseline and projecting estimates for 2023 through 2028, including forecasts of Compound Annual Growth Rate (CAGR). Additionally, it discusses technological advancements, regulations, competition, economic factors, major drivers, regional dynamics, and current industry trends. The report concludes with detailed profiles of key vendors in the global smart home technologies market.

Voice-controlled smart home devices like Amazon’s Alexa and Google Assistant are gaining popularity, simplifying tasks for millions of households. This surge highlights the increasing reliance on voice as a primary means of interacting with technology at home. Meanwhile, the advent of smart home security systems equipped with advanced computer vision and facial recognition is revolutionizing home security. These systems can distinguish between family members and intruders, offering customized alerts and bolstering security and convenience. Notably, software incorporating these technologies is expected to see rapid growth, at 11.5% during the forecast period. Additionally, the emphasis on interoperability and open standards in the smart home sector is fostering compatibility between devices from different brands, empowering consumers to create comprehensive smart home setups tailored to their preferences.

Unlock the potential of the booming Smart Home Technologies market. Click here to explore the full research findings and strategic insights.

Key Market Drivers of Smart Home Technologies: Global Markets:

Growing Acceptance of Smart Home Technology: simply means that more and more people are embracing and using smart devices in their homes. These devices can do cool things like controlling the lights with your voice or adjusting the thermostat from your phone. As technology improves and becomes more affordable, people are finding smart home gadgets helpful and convenient for everyday life. Whether it’s for saving energy, increasing security, or just making life easier, the growing acceptance of smart home technology shows that it’s becoming a normal part of modern living.Enhanced Cellular Network and Internet Connectivity: mean that our phones and devices can connect to the internet faster and more reliably than before. This improvement allows us to do things like stream videos, make video calls, and download files more quickly without interruptions. With better connectivity, we can stay connected to the internet even in areas where signals were weak before. This enhancement makes it easier for us to use our devices wherever we are, making our online experiences smoother and more enjoyable.Growing Impact of Early Adopters as Trendsetters: as Trendsetters means that people who try new things early on have a big influence on what becomes popular later. Early adopters are like pioneers who try out new technologies or trends before others. When they like something and start using it, their friends and family often follow suit. This trendsetting effect spreads the word and makes the new thing more popular. So, the choices of these early adopters can shape what becomes trendy or widely accepted in the future.Increase in Demand for Convenience and Accessibility at Home: means that more people want things in their homes that make life easier and more convenient. This could be anything from smart devices that automate tasks like turning off lights to features that make homes more accessible for people with disabilities. As our lives get busier, we look for ways to save time and effort, and having convenient and accessible features in our homes helps us do just that.Heightened Focus on Enhanced Energy Management Strategies and Practices: means that people are paying more attention to how they use energy and are looking for ways to use it more efficiently. This could involve things like using smart thermostats to regulate heating and cooling, switching to energy-efficient appliances, or installing solar panels to generate renewable energy. By managing energy better, people can save money on their utility bills and reduce their environmental impact by using less electricity and gas.

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Report Synopsis

Report Metrics

Details

Base year considered

2022

Forecast Period considered

2023-2028

Base year market size

$93.5 billion

Market Size Forecast

$166.7 billion

Growth Rate

CAGR of 10.3% for the forecast period of 2023-2028

Segment Covered

Networking Technology, Component, Application, Region

Regions covered

North America, Europe, Asia-Pacific, Rest of the World (RoW)

Key Market Drivers

• Growing Acceptance of Smart Home Technology

• Enhanced Cellular Network and Internet Connectivity

• Growing Impact of Early Adopters as Trendsetters

• Increase in Demand for Convenience and Accessibility at Home

• Heightened Focus on Enhanced Energy Management Strategies and Practices

Report Segmentation & Focus Areas:

Networking Technology: Networking technology refers to how devices in a smart home connect and communicate. Wireless systems, like Wi-Fi and Bluetooth, enable devices to link without physical cables. Wired systems use cables for connections, offering reliability but may require installation. Computing networks integrate devices through shared servers or the internet. Power lines facilitate communication through electrical wiring. Other methods may include emerging technologies or proprietary systems designed for specific purposes.

Component: Components in smart home technology are the essential building blocks that make everything work smoothly. Hardware includes physical devices like smart speakers and sensors. Software comprises the programs and applications that control these devices, enabling them to perform various tasks. Services encompass the support, maintenance, and additional features provided by companies to enhance the functionality of smart home systems. Together, these components form the backbone of the smart home ecosystem, creating seamless and interconnected experiences for users.

Application: Applications in smart home technology represent the different functions and uses of smart devices within a household. Safety and surveillance applications include security cameras and motion sensors to protect homes from intruders. HVAC systems regulate heating, ventilation, and air conditioning for comfort and energy efficiency. Entertainment applications involve smart TVs and audio systems for immersive media experiences. Lighting controls enable users to adjust brightness and colour for ambiance and energy savings. Fire safety devices detect and respond to smoke or carbon monoxide threats. Elevator and parking systems streamline transportation and convenience within smart buildings. Water management solutions monitor and control water usage to prevent waste and damage. Other applications may include health monitoring, smart appliances, or home automation for specific tasks. Together, these applications enhance convenience, efficiency, and safety in modern homes.

this report on the smart home technologies: global markets provide comprehensive insights and analysis, addressing the following key questions:

What is the projected market size and growth rate of the market?

The market is projected to reach $ 166.7 billion by 2028, growing at a CAGR of 10.3%

What are the key factors driving the growth of the market?

The key factors driving the market include the growing acceptance of smart home technology, enhanced cellular network and internet connectivity, increasing influence of early adopters, increase in demand for convenience and accessibility at home, increasing usage of managed smart home services, increasing awareness of energy management, etc.

What segments are covered in the market?

By Networking Technology
By Component
By Application
By Region

By Networking Technology, which segment will dominate the market by the end of 2028?

By Networking Technology, Wireless segment is expected to dominate the market by the end of 2028.

Which region has the highest market share in the market?

North America holds the highest share of the global market.

Some of the Key Market Players Are:

ABB LTD.ACUITY BRANDS INC.ADVANTECH CO. LTD.AMAZON.COM INC.APPLE INC.ASSA ABLOY ABCLIPSAL ELECTRIC PTY LTD. (SCHNEIDER ELECTRIC SE)CONTROL4 CORP. (SNAP ONE LLC)CRESTRON ELECTRONICS INC.CYTECH TECHNOLOGY PTE. LTD.CENTRICA PLCGENERAL ELECTRICGOOGLE INC. (ALPHABET INC.)HONEYWELL INTERNATIONAL INC.IBM CORP.INGERSOLL-RANDJOHNSON CONTROLS INTERNATIONAL PLCLEGRAND S.A.LUTRON ELECTRONICS CO. INC.SIGNIFY HOLDINGSAVANT SYSTEMS INC.SCHNEIDER ELECTRIC SESIEMENSSYNAPSE WIRELESS INC.TELETASK BVBAVIVINIT INC.

Browse More Related Reports:

Wireless Sensors: Technologies and Global Markets : is a study about the use of wireless sensors worldwide. These sensors are small devices that can detect and transmit data without needing wires. The report looks at the different technologies used in these sensors and how they’re being used across the globe. It covers various industries like healthcare, manufacturing, and environmental monitoring. The study also examines factors affecting this market, such as advancements in sensor technology, demand for real-time data, and government regulations.

Directly Purchase a copy of the report with BCC Research.

For further information or to make a purchase, please get in touch with info@bccresearch.com.

About BCC Research

BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

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SOURCE BCC Research LLC

Technology

Lahaina art gallery turns tragedy into technology with FIRST LOOK

Published

20 minutes ago

April 22, 2026

Harte International Galleries to launch first of its kind “gallery in your pocket”.

LAHAINA, Hawaii, April 21, 2026 /PRNewswire/ — Following the devastating Maui wildfire of August 8, 2023, which destroyed its Lahaina gallery, Harte International Galleries announces the launch of FIRST LOOK, an innovative digital application designed to bring investment grade art directly to collectors. This new “gallery in your pocket” app ensures continued access to masterworks and new releases, embodying the gallery’s resilience and commitment to its clientele.

Maui art gallery turns tragedy into innovation with a fine art APP that’s a gallery in your pocket, called FIRST LOOK.

To explore the FIRST LOOK app and discover its unique offerings, please visit: www.hartegalleries.com

Reimagining Art Access

“FIRST LOOK from Harte International Galleries is not just an app; it’s a vibrant new chapter for art enthusiasts, offering an engaging and informative way to discover masterpieces by iconic artists such as Picasso, Chagall, Miro, Salvador Dali and even Sir Anthony Hopkins at discounted prices, thanks to the elimination of traditional gallery overheads, making world-class art more accessible and enjoyable than ever before,” said Glenn Harte.

With physical rebuilding efforts in Lahaina currently stalled, Glenn and Devon Harte, owners of Harte International Galleries, developed FIRST LOOK as a direct response to the loss of their physical space. This digital platform allows the gallery to rebuild its inventory and continue serving loyal collectors without the overhead of a traditional brick-and-mortar location. The app provides a fun, informative, and accessible way to engage with fine art.

Direct Access to Masterworks

FIRST LOOK offers collectors unparalleled, immediate access to new acquisitions and exclusive releases. Members receive instant notifications on their mobile phones, complete with images, detailed descriptions, and pricing for each piece. This direct communication channel allows members to inquire about art with a single tap, connecting them directly with the gallery owners.

The app features a curated selection of renowned artists and masterworks, including:

Masterworks: Picasso, Chagall, Miro, Matisse, Rembrandt, Durer, Salvador Dali.New Releases: Sir Anthony Hopkins and famed graffiti artist Rascal.

By leveraging FIRST LOOK, Harte International Galleries continues its legacy of providing access to exceptional art, adapting to new realities while maintaining the highest standards of quality and authenticity. Further information about the app and its offerings is available at: www.hartegalleries.com

Harte International Galleries, formerly of Lahaina, Maui has rebuilt with a digital gallery for serious collectors, called FIRST LOOK.

Known for offering museum grade art from Picasso, Chagall, Miro, Matisse, Dali, Rembrandt, Durer, Sir Anthony Hopkins and Rascal – Harte International Galleries uses innovation to create a digital gallery.

go to: www.hartegalleries.com

Media Contact:
Glenn Harte
glennharte@hartegalleries.com

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SOURCE Harte International Galleries

Technology

As homes get smarter, new global research names Aiper as the world’s No.1 smart robotic pool cleaner brand

Published

20 minutes ago

April 22, 2026

New research reveals Aiper holds the position of the world’s No.1 brand of smart robotic pool cleaners based on 2026 manufacturer sales volume worldwide

SYDNEY, April 22, 2026 /PRNewswire/ — As technologies like artificial intelligence (AI) become embedded in everyday life1, homeowners are embracing innovation more than ever. This trend is reflected in new global research which names Aiper the world’s No.1 brand of smart robotic pool cleaners*. From robot vacuums indoors to smart security, lighting and energy systems, homeowners are now seeking systems that help optimise energy use, align with cost-saving goals and reduce environmental impact, without sacrificing comfort or convenience.

According to independent research by Euromonitor International, completed in December 2025, Aiper ranked No.1 globally based on manufacturer sales volume worldwide. The findings come as smart home adoption accelerates globally, valued at more than $147 billion USD in 2025 and projected to grow rapidly over the next decade2, as households prioritise automation that improves efficiency and supports sustainability goals.

Pool care is following the same trajectory. With more than 3.1 million Australians living in homes with a swimming pool or spa3, demand is growing for intelligent, low-effort systems that can operate autonomously, efficiently and reliably, while helping households manage energy use and ongoing maintenance costs.

Aiper’s innovation-led approach was formally recognised at the 2026 Consumer Electronics Show (CES) in Las Vegas, where Euromonitor International presented Aiper with an official certificate acknowledging its global sales leadership. The recognition highlights not only the brand’s growth, but the accelerating mainstream adoption of intelligent robotics in outdoor living.

Aiper’s next innovation, the Scuba V3, is the world’s first cognitive AI-powered robotic pool cleaner. Lightweight and easy to use, it cleans 10x faster with AI vision that identifies 20+ debris types in 3 seconds. Using Cognitive AI Navium™ mode, it automatically adapts cleaning paths, suction, and frequency to each pool, delivering a true set-it-and-forget-it experience for crystal-clear water. Demonstrating how robotics and AI can support more sustainable, low-effort outdoor living while helping households better manage energy and water use.This model will be available in the Australia market during Spring season.

This growing momentum is also being recognised by Aiper’s key retail partner in Australia, Clark Rubber. “At Clark Rubber, we’re seeing strong growth in demand for smarter, more efficient pool care solutions as Australian households look to reduce maintenance time, energy use and overall costs. Aiper’s global recognition reflects the increasing role that innovation and intelligent technology are playing in outdoor living. As a key retail partner, we’re excited to bring these advanced solutions to Australian consumers and support the shift toward more sustainable, low-effort pool ownership.” said Anthony Grice, CEO Clark Rubber.

For Australian households, long swimming seasons, outdoor lifestyles, and rising energy costs make smart, efficient systems a practical necessity. Aiper’s global recognition marks a turning point for smart outdoor living, where advanced robotics and AI are increasingly powerful, accessible, and sustainable, shaping the way modern homes evolve. For more information, visit https://aiper.com/au/home

Research and Citations

https://hai.stanford.edu/ai-index/2025-ai-index-report https://www.fortunebusinessinsights.com/industry-reports/smart-home-market-101900 https://www.roymorgan.com/findings/9311-australian-swimming-pool-ownership-march-2023

About Aiper

Aiper is the global pioneer of cordless robotic pool cleaning technology and a leader in smart yard product solutions. Aiper empowers homeowners to transform their backyards into a personal vacation retreat with the help of innovative, smarter, and greener product solutions. Aiper has been recognised as a CES Innovation Awards honouree in 2023, 2024, and 2025, underscoring its commitment to pioneering smart yard solutions.

*Aiper is the No.1 brand of smart robotic pool cleaner in the world in terms of sales volume.

Source: Euromonitor International Co., Ltd., in terms of 2025 manufacturer sales volume (units) in the world. Smart robotic pool cleaner is
defined as: intelligent service robots integrating mechanical, electronic, software algorithm and sensor technologies. They autonomously or
with minimal human intervention perform pool cleaning and maintenance tasks, typically featuring smart navigation, path planning, and
multiple cleaning modes. Research completed in 2026/3.

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SOURCE Aiper

Technology

Slip And Fall Vs Premises Liability Explained By HelloNation Featuring Personal Injury Attorney Joe Stanley

Published

20 minutes ago

April 22, 2026

The article clarifies how property owner responsibility and legal negligence affect injury claims under New York law.

WATERTOWN, N.Y., April 21, 2026 /PRNewswire/ — What is the difference between slip and fall incidents and premises liability when someone is injured on another person’s property? The answer is addressed in a HelloNation article featuring insights from Joe Stanley of Stanley Law Offices LLP in Watertown, New York.

The HelloNation article explains that, while slip-and-fall and premises liability are often used interchangeably, they are not the same under New York law. A slip and fall refers to the actual event in which a person slips, trips, or falls due to a condition on a property. Premises liability, however, is the legal framework used to determine whether a property owner is responsible for an injury. This distinction is important because not every slip-and-fall incident results in a valid injury claim.

According to the article, property owner responsibility in Watertown NY, depends on whether the owner knew or should have known about a hazardous condition. New York law requires property owners to maintain safe premises and to warn visitors about known dangers. This duty applies broadly to commercial properties, rental units, and private homes that welcome guests. The article notes that hazards such as wet floors, icy walkways, or poor lighting may result in premises liability if they are not addressed in a reasonable time.

The article further emphasizes that legal negligence is the key factor in determining liability. Courts evaluating injury claims consider whether a property owner took reasonable steps to inspect and maintain the property. This includes reviewing maintenance practices, prior complaints, and the foreseeability of the risk. If a hazard appeared suddenly and the property owner had no reasonable opportunity to correct it, premises liability may not apply, even if a slip and fall occurred.

The HelloNation article also highlights how property owner responsibility extends to regular inspections, timely repairs, and proper warning signs. In Watertown NY, failing to clear snow or ice, ignoring spills, or neglecting adequate lighting can contribute to legal negligence. At the same time, the article explains that property owners who actively maintain their premises and provide clear warnings are less likely to face liability under New York law.

For individuals pursuing injury claims, understanding the distinction between slip-and-fall incidents and premises liability is essential. The article advises that documenting the scene, taking photographs, and seeking prompt medical attention can help support a claim. These steps are important in establishing whether legal negligence played a role and whether the property owner’s responsibility can be demonstrated.

The article also explains that not all accidents meet the legal threshold for premises liability. A slip and fall caused by an unexpected personal item or hazard that could not have been anticipated may not result in a valid claim. This reinforces the importance of evaluating each case based on the facts and the standards set by New York law.

By clarifying these distinctions, the HelloNation article provides readers in Watertown NY with practical guidance on how slip and fall incidents are evaluated within the broader concept of premises liability. Understanding how legal negligence and property owner responsibility are applied can help individuals better navigate injury claims and make informed decisions after an accident.

Slip and Fall vs. Premises Liability in Watertown, NY features insights from Joe Stanley, an attorney in Watertown, New York, on HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content with storytelling, HelloNation delivers expert-driven, good-news articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

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SOURCE HelloNation