Next Move Strategy Consulting
Africa Smart Home Market Report: Trends, Insights, and Forecast for 2030
Africa Smart Home Market Report: Trends, Insights, and Forecast for 2030
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The Africa Smart Home Market is projected to reach USD 8.63 billion by 2030, growing at a CAGR of 20.7% to 2030. A smart home, or connected home, integrates advanced technology and automated systems to enable centralized monitoring and control of household devices, appliances, and security features. Common components include smart thermostats, lighting systems, security cameras, voice assistants, and other interconnected devices designed to enhance the residential experience.
Key Players: The market includes prominent players such as Honeywell International, Inc., Schneider Electric, ABB Ltd, Zinteldo, Somfy, Samsung, LG Electronics, Google Home, D-Link Systems, Inc., Hitachi, Ltd, Apple Inc., Sony Electronics, Siemens AG, Koninklijke Philips N.V., and Smart Home21, driving innovation and competition in the Africa smart home industry.
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