Z-Wave market seen reaching $6.05 billion by 2030

The Business Research Company says the Z-Wave market will grow from $3.03 billion in 2025 to $3.48 billion in 2026, then nearly double to $6.05 billion by 2030. The forecast points to rising demand for smart home automation, energy-efficient controls, and interoperability across connected devices.

Why it matters: - Z-Wave sits at the center of smart home and IoT device communication, so market growth signals broader adoption of connected living systems. - Faster growth in automation, security, lighting and energy management use cases could deepen demand for low-power wireless mesh networks. - The market’s expansion also reflects a bigger shift toward interoperable devices that can work across manufacturers and platforms.

What happened: - The Business Research Company released a Z-Wave market forecast on October 9, 2026. - The report estimates the market will rise from $3.03 billion in 2025 to $3.48 billion in 2026. - The company forecasts the market will reach $6.05 billion by 2030. - The report is available as a free sample and as the full market report.

The details: - The 2025 to 2026 increase implies 14.6% compound annual growth. - The 2030 forecast implies 14.9% compound annual growth. - The report links near-term growth to basic home automation, smartphone penetration, smart lighting, smart security, early IoT platform development and demand for energy-efficient residential technology. - Z-Wave is a wireless protocol built for reliable, low-power and secure communication among smart devices in home automation and IoT networks. - The technology uses a mesh network structure so devices such as locks, lights, thermostats and sensors can communicate with one another and with a central controller. - Cross-manufacturer compatibility supports remote monitoring, automation and energy-efficient management of connected spaces. - The report cites a growing connected-device ecosystem as a key demand driver. - Ofcom reported active IoT devices rising from 24.9 million in 2023 to 26.5 million in 2024 and 27.7 million in 2025.

Between the lines: - The forecast suggests Z-Wave is benefiting less from standalone device sales and more from platform-level demand for systems that can connect many devices reliably. - Interoperability and cybersecurity are becoming as important as raw connectivity, which favors protocols built for controlled, low-power networking. - The report’s focus on AI-enabled automation and subscription-based smart home services points to a market moving from hardware toward recurring service models.

What's next: - The report expects broader smart home ecosystems, more energy-saving automation and deeper AI integration to drive growth through 2030. - Key trends ahead include wider use of interoperable smart home ecosystems, voice and app controls, AI-enabled predictive automation and stronger cybersecurity for connected devices. - North America held the largest market share in 2025, while Asia-Pacific is projected to grow fastest during the forecast period. - The report also covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa.

The bottom line: - Z-Wave is positioned for long-term growth as connected homes become more common and device compatibility becomes a bigger buying factor.