Saudi Arabia Smart Home Market in 2025: A Glimpse from Vision 2030
Saudi Arabia Smart Home Market in 2025: A Glimpse from Vision 2030
Blog Article
Saudi Arabia’s smart home market will continue its steep rise in 2025 as a result of their Vision 2030 focusing on technology and eco-friendly initiatives. While homes are shifting towards adopting automated systems, growth in the sector will persist.
Market Growth and Smart Home Projections
Revenues of the Saudi Arabia Smart Home Market are expected to reach a total of US558.5millionby2024,forecastinganincreasetouptoUS558.5millionby2024,forecastinganincreasetouptoUS846.5 million by 2028, at a compound annual growth rate (CAGR) of 10.96% . Fueling this growth is the increased consumer preference for convenience, energy saving, and improved security.
Smart appliances such as refrigerators, washing machines, and air conditioning systems that come with internet connectivity are gaining popularity. This segment is expected to grow from US253.3millionin2024toUS253.3millionin2024toUS384.3 million by 2028, at a CAGR of 10.98% .
Smart Living following Vision 2030
Saudi Arabia’s Vision 2030 plays a pivotal role in the smart home market’s expansion. And smart city projects like NEOM's The Line will also assimilate urban tech and innovation for living in the future as a part of the growth. There is also Qiddiya which is an entertainment and tourism megaproject that depicts the focus on building advanced interconnected communities.
The goals of Vision 2030 are supported by the founding of smart appliance and device tech manufacturing firms like Alat, which was established in 2024.
Consumer Trends and Adoption
The convenience, energy saving features, and additional security offered by smart home apparatuses is pushing adoption rates forward, with 22.1% household penetration forecasted for 2024, growing to 33.0% by 2028.
Modern Saudi households are rapidly adopting voice-activated devices, intelligent lighting, smart thermostats, and other features of home automation.
Furthermore, the elderly population is adopting home automation technologies integrated with healthcare devices. Such systems enhance safety, independence, quality of life, and further broaden the market scope.
Restoration and Advancement
There remains a perennial issue regarding investment and concern for cybersecurity and data privacy. Adopting smart home technologies requires significant investment, raising scrutiny over privacy. Building robust cybersecurity frameworks alongside disseminating safety information among consumers is essential to ensure long-term progress.
Designing low-cost, uncomplicated solutions specifically for the local market presents remarkable prospects. Local companies in conjunction with foreign tech sponsors can innovate to fulfill targeted consumer demands.
In Closing
The Saudi Arabia digital transformation vision 2030 agenda seeks to foster a knowledge-based economy: as a result, the country seeks to actively bolster smart solutions for dwellings. Saudi Arabia has tremendous potential to become a smart home technology leader in the Middle East with focused investments.