Batteries push Australia's smart home market past $11 billion

Australia's smart home market more than doubled to $7.7 billion in 2025 and is on track to top $11 billion in 2026, per Telsyte. Home batteries now account for two-thirds of revenue, with sales up 396% after the launch of the $7.2 billion Cheaper Home Batteries Program.

• 86% of Australian households own at least one smart home product
• Home battery revenue jumped 396% year-on-year in 2025
• Average smart home budget climbed above $3,500 in 2026
• From 1 May 2026 the battery rebate is tiered: full discount up to 14kWh