MarketsandMarkets Issues New Forecast for US Smart Home Market

Research firm MarketsandMarkets has published a new report titled "US Smart Home Market Size, Share, Trends, Growth Analysis Report, 2031," according to a listing distributed on Google News. The report title indicates a forecast horizon extending to 2031, but the summary reviewed by HTT News did not include specific dollar figures, unit shipment counts, or growth-rate percentages.

What Does the Report Actually Say?

The listing HTT News reviewed identifies the report's scope — size, share, trends, and growth analysis for the US smart home category — without publishing the underlying numbers in the summary text made available. Readers looking for the full breakdown, including any stated market valuation or compound growth projections, would need to consult MarketsandMarkets directly, since that data was not present in the source material HTT News could verify.

Why No Figures Are Cited Here

HTT News does not publish market-size or growth-rate numbers it cannot trace to a primary source. Market research firms frequently gate detailed figures behind paid reports, publishing only category and forecast-year information in free summaries. That appears to be the case here. Readers should treat any specific billion-dollar figure attributed to this report circulating elsewhere with caution unless it links back to MarketsandMarkets' own report page.

What Is Actually Changing for Smart Home Owners This Month?

Separate from the market report, two concrete developments are already affecting how households manage connected devices. HTT News's Smart Home Central desk reported that a Matter protocol update aims to simplify smart home device connectivity, addressing one of the recurring complaints from owners juggling devices across different brands and hubs. Matter is the cross-manufacturer standard backed by major device makers, and updates to it typically affect how easily a new light, lock, or thermostat pairs with an existing system.

The desk also published guidance on naming smart home devices for readable scenes, a practical step homeowners can take this week regardless of what any market report projects for 2031. Clear device names make voice commands and automation scenes easier to set up and troubleshoot, particularly in households with more than a handful of connected products.

Where Can Readers Find the Full Market Report?

Anyone wanting the complete MarketsandMarkets figures — market size estimates, segment breakdowns, or year-over-year growth rates — should go to the original report listing rather than rely on secondhand summaries. HTT News will update this coverage if MarketsandMarkets releases specific figures that can be independently verified.

What Should Homeowners Do Now?

For now, the more immediate news for smart home owners is not a 2031 forecast but this month's connectivity and organization updates. Checking whether a Matter-certified hub has received the latest firmware, and cleaning up device names inside a home app, are steps available today — no report subscription required.