Press release
Smart Home Energy Management Systems Market is expected to reach USD 4.60 billion by 2030 | Major players - IBM Corporation, Indesit Company, Honeywell International Inc, Schneider Electric SE.
Smart Home Energy Management Systems Market
The Global Smart Home Energy Management Systems Market Size reached USD 1.25 billion in 2022 and is expected to reach USD 4.60 billion by 2030, growing with a CAGR of 19.5% during the forecast period 2024-2031. According to DataM Intelligence Report.
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The Smart Home Energy Management Systems (SHEMS) are integrated digital solutions that monitor, control, and optimize household energy consumption. They connect appliances, sensors, smart meters, and renewable sources to automate energy use, reduce utility costs, and improve efficiency. SHEMS provide real-time insights, remote control, and intelligent scheduling, enabling homeowners to manage electricity usage more sustainably and efficiently.
United States: Recent Developments of Smart Home Energy Management Systems Market
✅ October 2025: Schneider Electric launched a cloud-integrated smart home energy management system in California, enabling real-time monitoring and optimization of electricity usage with integration for solar, battery storage, and smart appliances.
✅ September 2025: Google Nest expanded its smart thermostats and home energy platform with AI-based predictive energy optimization tailored for U.S. households to reduce peak demand and utility costs.
✅ November 2025: Schneider Electric released a report highlighting whole-home coordinated energy management systems that integrate connected devices, distributed resources, and consumer preferences for enhanced control.
Europe: Recent Developments of Smart Home Energy Management Systems Market
✅ September 2025: By September, one million smart meters had been installed under Germany's revised Messstellenbetriebsgesetz, tripling the pre-2023 pace to support granular data for flexible load coordination amid renewables.
✅ October 2025: EcoFlow, Tibber, and Fenecon introduced software and hardware updates for residential battery control and interoperability in home energy management systems across Europe.
✅ November 2025: Carrier Global partnered with Google Cloud to develop AI-powered home energy management systems integrating battery-enabled HVAC with weather forecasting for grid resilience.
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Major Players:
Key companies in the Smart Home Energy Management Systems market include:
IBM Corporation
Indesit Company
Honeywell International Inc
Schneider Electric SE
General Electric Co
Siemens AG
Johnson Controls International Plc
Intel Corp
Resideo Technologies Inc
Hitachi.
Market Growth Drivers:
✅ Rising consumer demand for energy efficiency: Growing energy costs and environmental awareness drive adoption of systems that monitor and optimize consumption in real-time, leading to significant savings and reduced carbon footprints.
✅ Expansion of smart home ecosystems: Integration with IoT devices, smart thermostats, lighting, and appliances via platforms like Google Home and Amazon Alexa creates centralized control for automated energy management across households.
✅ Integration with renewable energy and smart grids: Systems enable efficient use of solar panels, EV charging, and battery storage, aligning with grid modernization, government incentives, and sustainability goals for decentralized energy.
Segments Covered in the Smart Home Energy Management Systems Market:
By Component: Hardware, Software, Services.
By Type: Lightning Controls, Self-monitoring System and Services, Programmable Communicating Thermostats, Advanced Central Controllers, Intelligent HVAC Controllers.
By End-User: Residential, Commercial, Industrial, Others.
Regional Analysis for Smart Home Energy Management Systems Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Smart Home Energy Management Systems market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Smart Home Energy Management Systems Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Smart Home Energy Management Systems market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Smart Home Energy Management Systems Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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Industry Related Reports:
Building Energy Management Systems Market: https://www.datamintelligence.com/download-sample/building-energy-management-systems-market?sz
Residential Energy Management Market: https://www.datamintelligence.com/download-sample/residential-energy-management-market?sz
Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Smart Home Energy Management Systems market?
➠ Who are the global key manufacturers of the Smart Home Energy Management Systems Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Smart Home Energy Management Systems market opportunities and threats faced by the vendors in the global Smart Home Energy Management Systems Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Smart Home Energy Management Systems market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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