According to IMARC Group's report titled "India Connected Homes Market Size, Share, Trends and Forecast by Functionality, Component, Platform, and Region, 2025-2033", the report presents a thorough review featuring the India connected homes market growth, share, trends and research of the industry.
How Big is the India Connected Homes Industry?
The India connected homes market size reached USD 4.53 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 12.76 Billion by 2033, exhibiting a growth rate (CAGR) of 11.22% during 2025-2033.
India Connected Homes Market Trends:
The India connected homes market is witnessing robust transformation driven by the increasing adoption of smart technologies and the growing penetration of IoT-enabled devices. Consumers are increasingly seeking convenience, energy efficiency, and security, leading to the rising demand for connected solutions such as smart lighting, thermostats, surveillance systems, and home appliances. Moreover, the expansion of high-speed internet connectivity and the rollout of 5G networks are enhancing the performance and responsiveness of these smart ecosystems. Additionally, tech-savvy urban populations and the proliferation of affordable smart devices are fueling the shift toward home automation.
In addition, integration with voice assistants and AI-driven platforms is enabling personalized user experiences and predictive control, making connected living more intuitive. Furthermore, the increasing emphasis on sustainable energy management is driving the adoption of smart energy meters and automated home control systems that help optimize electricity usage. With growing awareness of digital lifestyles, partnerships between telecom providers, device manufacturers, and software developers are also boosting market innovation. As connectivity improves and technology becomes more accessible, the trend toward smart and energy-efficient living is expected to reshape modern households across India.
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India Connected Homes Market Scope and Growth Analysis:
The India connected homes market holds vast growth potential as advancements in IoT, artificial intelligence, and cloud computing continue to redefine the residential technology landscape. The market’s scope extends across smart appliances, home security systems, energy management solutions, and entertainment devices, all of which contribute to seamless connectivity within households. Moreover, government initiatives promoting digital infrastructure and smart city development are supporting widespread adoption. Additionally, the growing middle-class population and increasing disposable incomes are encouraging consumers to invest in technology-driven lifestyles.
In addition, the integration of AI and machine learning is enhancing device interoperability, predictive maintenance, and automation efficiency, making connected systems more adaptive and intelligent. Furthermore, collaborations between technology firms, construction companies, and utility providers are helping build smart homes equipped with energy-efficient solutions. The shift toward contactless operations and remote monitoring post-pandemic has further accelerated interest in connected home technologies. With continuous innovation, declining hardware costs, and a growing ecosystem of smart device manufacturers, the India connected homes market is positioned for sustained expansion, transforming residential living into a seamless, intelligent, and energy-efficient experience.
India Connected Homes Market Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India connected homes market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Functionality Insights:
- Energy and Utilities Management
- Smart Entertainment
- Wellness and Monitoring
- Security and Safety
- Smart Appliance
Component Insights:
- Light Control Solution
- Security Solution
- Entertainment Solution
- Home Healthcare Solution
- Energy Management Solution
Platform Insights:
- Smartphones
- Laptops
- Home Gateway
- Others
Regional Insights:
- North India
- South India
- East India
- West India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
