Home Automation Business

Business Idea: Start A Home Automation Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$2.04M
Avg Startup Costs
$17.8K
Market Size
Avg Revenue
Avg Days To Build
1045 days

Home automation uses modern technologies like sensors, internet and automation control to create centrally controlled lighting, home security and HVAC services.

The home automation business targets homeowners in the upper-middle to upper class. You can market your services by partnering with home improvement businesses to gain market exposure. Create a social media presence and use the platforms to educate your target customers about the business.

Revenue & Profitability

How much do home automation businesses make?

Startup Costs

How much does it cost to start a home automation business?

  • It can cost as low as $10,000 to start a home automation business.
  • It can cost as high as $15,000 to start a home automation business.

Learn more about the costs of a home automation business.

Examples Of Successful Home Automation Businesses

Successful home automation business businesses and case studies

Case study of World Wide Stereo, a consumer electronics company with a profitable $56 to $62 million business, known for their excellent customer service and online shopping experience, as well as their focus on providing a higher quality of entertainment and environmental control through electronics.

$4M Monthly Revenue
$15K Startup Costs
Read by 1,220 founders

Konnected founder Nate Clark shares how he developed an open-source solution to his own home security struggles, growing the business to generate an estimated $1 million in sales annually.

$70K Monthly Revenue
Read by 10,659 founders

See full list of successful home automation businesses.