Global DIY Smart Home Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Lighting Control, Security & Access Control, HVAC Control, Entertainment Control, Home Healthcare, Smart Kitchen, and Others.

By Technology;

Network Technologies, Protocols & Standards, and Wireless Communication Technologies.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn076716034 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global DIY Smart Home Market (USD Million), 2021 - 2031

In the year 2024, the Global DIY Smart Home Market was valued at USD 73,269.79 million. The size of this market is expected to increase to USD 605,008.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 35.2%.

The global DIY smart home market has witnessed remarkable growth in recent years, driven by a convergence of technological advancements, shifting consumer preferences, and increasing awareness of home automation solutions. As more consumers seek to transform their traditional homes into connected, intelligent living spaces, the demand for do-it-yourself (DIY) smart home products has surged. These products offer users the ability to customize and install smart home devices without the need for professional assistance, providing convenience, cost-effectiveness, and flexibility. From smart lighting and thermostats to security cameras and voice-controlled assistants, DIY smart home solutions empower individuals to enhance their living environments according to their specific preferences and needs.

The proliferation of internet of things (IoT) technologies, coupled with the rise of affordable and accessible DIY smart home kits, has democratized the adoption of home automation worldwide. This trend is further fueled by the increasing penetration of smartphones and high-speed internet connectivity, enabling seamless control and monitoring of smart home devices from anywhere, at any time. As concerns regarding energy conservation, safety, and convenience continue to drive consumer behavior, the DIY smart home market is poised for continued expansion. Amidst the opportunities presented by this burgeoning market, challenges such as interoperability issues, security concerns, and the complexity of installation persist, necessitating strategic collaborations, innovation, and education to unlock the full potential of DIY smart home solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Region
  4. Global DIY Smart Home Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for energy-efficient homes
        2. Convenience and ease of installation
        3. Integration with voice assistants like Alexa and Google Assistant
        4. Expansion of smart home ecosystems
      2. Restraints
        1. Lack of technical expertise among consumers
        2. Dependency on stable internet connection
        3. Risk of system malfunction
      3. Opportunities
        1. Partnerships with home improvement retailers
        2. Subscription-based services for ongoing support
        3. Leveraging data analytics for personalized recommendations
        4. Adoption of DIY solutions in commercial spaces
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global DIY Smart Home Market, By Product, 2021 - 2031 (USD Million)
      1. Lighting Control
      2. Security & Access Control
      3. HVAC Control
      4. Entertainment Control
      5. Home Healthcare
      6. Smart Kitchen
      7. Others
    2. Global DIY Smart Home Market, By Technology, 2021 - 2031 (USD Million)
      1. Network Technologies
      2. Protocols & Standards
      3. Wireless Communication Technologies
    3. Global DIY Smart Home Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Nest Labs, Inc
      2. Honeywell International Inc
      3. Assa Abloy Group
      4. Acuity Brands, Inc.
      5. Johnson Controls Inc.
      6. Schneider Electric SE
      7. United Technologies Corporation
      8. Samsung Electronics Co., Ltd
      9. Nest Labs, Inc.
      10. Crestron Electronics, Inc.
  7. Analyst Views
  8. Future Outlook of the Market