China smart home market 2025 analysis: market size RMB 715 billion ($98B), CAGR 15.2%, 450M smart home users. Key players - Xiaomi (28% market share, Mi Home ecosystem, 600+ products), Midea Group (23%, M-Smart platform, AI appliances, white goods leader), Haier (18%, COSMOPlat IoT, U+ platform, Casarte premium), Huawei (12%, HarmonyOS Connect, PLC-IoT, whole-home intelligence), Tuya (cloud IoT platform for 1000+ brands), Aqara (Zigbee/Thread/Matter sensors). Growth drivers: Matter protocol adoption, AI integration, 5G home gateway, aging population care, energy management. Government policy: Smart Home Action Plan 2025, 300M new connected devices target
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