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Next Move Strategy Consulting

Canada Smart Home Market is predicted to reach USD 30.66 Billion by 2030

Canada Smart Home Market is predicted to reach USD 30.66 Billion by 2030

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According to the study by Next Move Strategy Consulting, the Canada Smart Home Market size is predicted to reach USD 30.66 billion, at a CAGR of 17.1% by 2030.

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The rising demand for smart home products in Canada is influenced by various factors, notably the increasing apprehension regarding cybersecurity incidents.

Canada's increasing emphasis on energy conservation and sustainability contributes to the uptake of smart thermostats, lighting, and appliances.

Several market players operating in the Canada smart home industry include Schneider Electric, ABB Ltd, Amazon, Shelly, Samsung, LG Electronics, Sony Corporation, Somfy, Gomi Technologies, D-Link Systems, Inc.

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