France Smart Home Market Size & Share Analysis- Growth, Trends, and Forecast (2024 - 2029)

The France Smart Home Market Report is Segmented by Product (Comfort and Lighting, Control and Connectivity, Energy Management, Home Entertainment, Security, and Smart Appliances). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

France Smart Home Market Size & Share Analysis- Growth, Trends, and Forecast (2024 - 2029)

France Smart Home Industry Overview

The French smart home market is highly competitive and driven by consumers with high disposable incomes, energy efficiency, and comfort. Major players such as Schneider Electric SE, Netatmo, Philips, Somfy, Honeywell Home, ABB Ltd, etc., compete with other international and regional companies by offering diverse smart home devices and integrated systems tailored to local preferences. The fast pace of technological advancements and the growing consumer demand for innovative, cost-effective, and energy-efficient solutions intensify the competition.

  • In March 2024, Schneider Electric unveiled the upgraded Back-UPS BE Series – 900 & 1,050 VA, catering to remote work and smart home needs. With increased power capacity, they ensure uninterrupted connectivity for critical devices. The modern design optimizes space with stackable surfaces. Users benefit from enhanced convenience with USB charging ports and a user-friendly interface signaling UPS status. The series prioritizes sustainability, meeting stringent energy efficiency standards. The inclusion of PowerChute Serial Shutdown software aids in utility bill savings.
  • In March 2024, IKEA introduced its new TRETAKT Plug online in the European Union. Bundled with a RODRET remote control, the plug enables remote control of household devices via smart home devices, voice assistants, or the IKEA Home smart app. Pairing with DIRIGERA or TRADFRI gateways allows access to app controls. With a white plastic casing, it offers a built-in on/off button and a maximum output of 3,680 W.

France Smart Home Market Leaders

  1. Siemens AG

  2. ABB Ltd

  3. Schneider Electric SE

  4. Honeywell International Inc.

  5. Emerson Electric Co.

  6. *Disclaimer: Major Players sorted in no particular order
France Smart Home Market Concentration