PUBLISHER: Grand View Research | PRODUCT CODE: 1611688
PUBLISHER: Grand View Research | PRODUCT CODE: 1611688
The global smart thermostat market size is expected to reach USD 13.35 billion by 2030 and is anticipated to grow at a CAGR of 18.5% from 2025 to 2030, according to a new study by Grand View Research, Inc. The growing awareness of the need to reduce carbon footprints and save energy is driving the adoption of smart thermostats.
Smart thermostats are rapidly gaining popularity owing to their ability to efficiently regulate the operation of heating and cooling devices while significantly conserving energy. These innovative devices offer advanced features that enable users to remotely control and monitor their home's temperature settings through smartphones or other connected devices. These advanced heating and cooling systems offer numerous benefits that make them an attractive option for homeowners. Smart thermostats learn the homeowner's schedule and preferences, allowing them to automatically adjust temperature settings to maximize energy efficiency. Smart homes leverage IoT technologies to enhance convenience, energy efficiency, and automation, driving the demand for smart thermostats as part of integrated home systems.
The integration of DAS with 5G technology represents a significant advancement in wireless communication infrastructure, further expediting market growth. 5G technology promises ultra-fast internet speeds, low latency, and high reliability, making it ideal for applications such as autonomous vehicles, smart cities, IoT devices, and augmented reality. By combining DAS with 5G technology, operators can deliver enhanced network performance and improved user experience.
Smart Wi-Fi-enabled thermostats have gained popularity among consumers owing to their ability to provide convenience, energy savings, and increased control over home heating and cooling systems. These devices are equipped with advanced features such as remote access via smartphone apps, learning algorithms that adjust temperature settings based on user behavior, and compatibility with smart home ecosystems. In addition, consumers are increasingly seeking ways to reduce their carbon footprint owing to the growing concerns about climate change and environmental sustainability. Smart thermostats with demand response control offer an eco-friendly solution by promoting energy conservation and reducing greenhouse gas emissions, which is further accelerating the market growth.