Smart Home - France

  • France
  • Revenue in the Smart Home market is projected to reach €3.2bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 9.15%, resulting in a projected market volume of €4.6bn by 2028.
  • Household penetration will be 27.0% in 2024 and is expected to hit 50.0% by 2028.
  • The average revenue per installed Smart Home currently is expected to amount to €389.10.
  • A global comparison reveals that most revenue is generated United States (€35,980.0m in 2024).
Comparaison de régions

Analyst Opinion

The Smart Home market in France has been witnessing significant growth and adoption in recent years.

Customer preferences:
Customers in France are increasingly seeking convenience, efficiency, and sustainability in their homes. The demand for smart home devices that offer energy savings, security features, and remote control capabilities is on the rise. French consumers are also showing a preference for smart home products that are easy to use and seamlessly integrate with their daily lives.

Trends in the market:
One notable trend in the French Smart Home market is the growing popularity of voice-controlled smart assistants and devices. Products like smart speakers and voice-activated thermostats are gaining traction among consumers, providing a hands-free and intuitive way to interact with smart home technology. Additionally, there is a rising interest in smart home systems that can be customized and tailored to individual preferences, allowing for a personalized home automation experience.

Local special circumstances:
France has a strong focus on sustainability and environmental consciousness, which is influencing the development of the Smart Home market in the country. Consumers are increasingly looking for energy-efficient smart home solutions that can help reduce their carbon footprint and contribute to a greener future. This emphasis on eco-friendly technologies is driving innovation in the smart home sector, with companies introducing products that promote energy conservation and sustainable living practices.

Underlying macroeconomic factors:
The growth of the Smart Home market in France is also supported by favorable macroeconomic conditions, including increasing disposable income levels and a growing awareness of the benefits of smart home technology. As the economy continues to recover and consumers become more tech-savvy, the adoption of smart home devices is expected to further accelerate. Additionally, government initiatives and incentives promoting the use of smart technologies in homes are contributing to the expansion of the market.


Data coverage:

The data encompasses B2C enterprises. Figures are based on the sales of smart home products, excluding taxes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market category. As a basis for evaluating markets, we use the Statista Global Consumer Survey, market data from independent databases and third-party sources, and Statista interviews with market experts. In addition, we use relevant key market indicators and data from country-specific associations, such as household internet penetration and consumer spending for households. This data helps us estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting innovative products due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward smart home integration.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated once a year, in case market dynamics change we do more frequent updates.

Vue d’ensemble

  • Revenue
  • Key Players
  • Product Types
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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