Samsung and LG Push AI in Smart Home Devices
At the KBIS 2026 show, major electronics manufacturers showcased their latest smart home innovations centered on artificial intelligence. Samsung is betting on its Bespoke AI platform to manage entire kitchen operations, from inventory to recipes. Meanwhile, LG Electronics is expanding its luxury home appliance lines with its new ThinQ Pro platform for high-end residential and B2B customers.
- The global smart home market was valued at approximately $147.52 billion in 2025 and is projected to reach $848.47 billion by 2034, showing a compound annual growth rate (CAGR) of 21.40%. North America represented the dominant market share at 31.70% in 2025. - LG’s ThinQ Pro platform specifically targets the B2B market, including builders and property managers of multi-family housing. The system is designed to integrate with existing property management software and improve operational ROI through streamlined installation, centralized monitoring, and predictive maintenance alerts. - Samsung's strategy centers on creating an integrated ecosystem with its SmartThings platform, aiming to turn appliances into "Home Companions" that connect with TVs and mobile devices. This is backed by a planned $310 billion investment over five years in AI-powering technologies, including new semiconductor facilities and AI data centers. - M&A activity in the smart home sector is characterized by strategic consolidation, with a focus on companies that provide ecosystem control, recurring revenue streams, or distribution channel leverage. Recent transactions include Resideo's acquisition of Snap One for a total value of approximately $1.4 billion. - The enterprise IoT device sector, which includes smart home components, saw approximately $376 billion invested across 2,290 transactions between Q2 2020 and Q1 2025. Valuation drivers in these deals include scalable platforms, AI integration for predictive analytics, and robust connectivity capabilities. - Samsung and LG are major players in the U.S. smart TV market, which is a key hub for smart home control; Samsung's Tizen OS holds a 37% market share, while LG's webOS has around 22%. - For B2B smart home implementations, key financial metrics for assessing ROI include reductions in operating expenses like energy and maintenance, increased income from higher occupancy rates, and overall property valuation increases.
