Smart Home and Office Market Size Worth USD 98.35 Billion by 2032

The Smart Home and Office Market, valued at USD 34.98 billion in 2023, is projected to reach USD 98.35 billion by 2032, growing at a CAGR of 12.17%. Key drivers include rising demand for energy-efficient and automated solutions, with lighting controls and surveillance products leading the market. North America dominates, while Asia Pacific is the fastest-growing region due to urbanization and a rising middle class. Innovations in IoT and AI are enhancing product offerings, focusing on user convenience and security.