Australia Home Automation Market Projected to Reach USD 8.33 Billion by 2033
Australia's home automation market hit USD 2.54B in 2024 and is projected to reach USD 8.33B by 2033, growing at a 12.60% CAGR from 2025 to 2033, says IMARC Group.
The latest report by IMARC Group, titled “Australia Home Automation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025–2033”, offers a comprehensive analysis of the Australia home automation market's growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia home automation market size reached USD 2.54 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 8.33 billion by 2033, exhibiting a growth rate (CAGR) of 12.60% during 2025–2033.
Base Year: 2024
Forecast Years: 2025–2033
Historical Years: 2019–2024
Market Size in 2024: USD 2.54 Billion
Market Forecast in 2033: USD 8.33 Billion
Market Growth Rate 2025–2033: 12.60%
Australia Home Automation Market Overview
Australia’s domestic mechanization showcase is encountering solid development, fueled by rising power costs, developing mortgage holder intrigued in vitality productivity, and the far reaching selection of savvy gadgets. Moved forward broadband get to is advance empowering the integration of associated domestic advances. Moreover, supportability controls in unused lodging advancements and commands for savvy framework are quickening selection and driving advertise development.
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Australia Home Automation Market Trends and Drivers
Key drivers influencing the Australia home automation market include:
- Rising Energy Costs and Demand for Efficiency in Residential Living: Sustained increases in residential electricity prices have prompted homeowners to seek ways to manage and reduce consumption. Home automation systems provide real-time energy data, enabling users to make informed decisions about power usage and avoid peak-rate periods.
- Widespread Smart Device Adoption and Broadband Access: The proliferation of smart devices and improved internet connectivity have facilitated the integration of home automation systems, allowing homeowners to control various aspects of their homes remotely.
- Sustainability Regulations in New Housing Developments: Government mandates for energy-efficient infrastructure in new housing projects are driving the adoption of smart home technologies, aligning with environmental goals and reducing carbon footprints.
- Smart Infrastructure Mandates and Improved Connectivity: Policies promoting smart infrastructure and advancements in connectivity are enhancing the functionality and accessibility of home automation systems.
- Changing Consumer Behavior: There is a growing preference among consumers for devices that offer seamless integration across ecosystems, such as compatibility with Google Home, Amazon Alexa, or Apple HomeKit, allowing broader and more intuitive control.
Australia Home Automation Market Segmentation:
- By Type:
· Luxury (Custom)
· Mainstream
· DIY (Do-It-Yourself)
· Managed
- By Technology:
· Internet of Things (IoT)
· Artificial Intelligence (AI)
· Voice Control
· Others
- By End-User:
· Residential
· Commercial
- By Region:
· New South Wales
· Victoria
· Queensland
· South Australia
· Western Australia
· Tasmania
· Northern Territory
· Australian Capital Territory
Browse Full Report with TOC & List of Figures: https://www.imarcgroup.com/australia-home-automation-market
Australia Home Automation Market News:
- February 18, 2025: Schneider Electric released the third edition of its Home & Distribution Consumer Survey, revealing that while 87% of Australian homeowners rank energy efficiency as their top home improvement priority, 60% remain hesitant to adopt smart home technologies due to high upfront costs. The survey highlighted a gap between environmental intent and actual action, with only 28% planning to switch to renewable energy sources.
Key Highlights of the Report:
- Market Performance (2019–2024)
- Market Outlook (2025–2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current, and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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