The smart home also known as home automation contains usage of internet-connected devices to manage and monitor several home appliances and systems. It is an advanced technology that helps in making operations of numerous home appliances more convenient and energy saver. This technology includes controlling of all the electronic devices that are present at home using wireless technology. Smart homes are incorporated with advanced automated systems that control lighting, window, temperature, security, entertainment systems, multi-media, thermostats and door operations that can be controlled by the user through smartphones and computers.
The Smart Home Market is expected to grow from US$ 10.39 billion in 2020 to US$ 92.77 billion by 2027 at a CAGR of 28.62% from 2022 to 2027.
The global Smart Home market is segregated on the basis of Product as Lighting Control, Security and Access Control, HVAC Control, Entertainment and Other Controls and Others. Based on Technology the global Smart Home market is segmented in Cellular Network Technologies, Protocols and Standards and Wireless Communication Technologies.
The global Smart Home market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Smart Home market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Johnson Controls International, United Technologies Corporation, Schneider Electric, Honeywell International, Inc., and Siemens AG, Amazon, Inc., Apple Inc, Google, ADT, Robert Bosch Gmbh, ASSA ABLOY, ABB Ltd., Ingersoll-Rand PLC, ABB, Legrand S.A., GE, Comcast Corp, Hubbell Inc., Samsung Electronics Co., Ltd., LG Electronics, Sony, and others are among the major players in the global Smart Home market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Smart Home market has been segmented as below:
Smart Home Market, By Product
Smart Home Market, By Technology
Smart Home Market, By Region
Smart Home Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global Smart Home market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Home market share. Major industry players with significant revenue share include Johnson Controls International, United Technologies Corporation, Schneider Electric, Honeywell International, Inc., and Siemens AG, Amazon, Inc., Apple Inc, Google, ADT, Robert Bosch Gmbh, ASSA ABLOY, ABB Ltd., Ingersoll-Rand PLC, ABB, Legrand S.A., GE, Comcast Corp, Hubbell Inc., Samsung Electronics Co., Ltd., LG Electronics, Sony and others.
Why to Buy this Report:
Target Audience:
The report targeted towards the existing players in the industry is as follows:
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Smart Home Market, By Technology
5.1 Introduction
5.2 Cellular Network Technologies
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Protocols and Standards
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Wireless Communication Technologies
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Smart Home Market, By Product
6.1 Introduction
6.2 Lighting Control
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Security and Access Control
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 HVAC Control
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Entertainment and Other Controls
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Others
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7. Smart Home Market, By Geography
7.1 Introduction
7.2 Europe
7.2.1 Europe Smart Home, By Product
7.2.3 Europe Smart Home, By Technology
7.3 North America
7.3.1 North America Smart Home, By Product
7.3.3 North America Smart Home, By Technology
7.4 Asia Pacific
7.4.1 Asia Pacific Smart Home, By Product
7.4.3 Asia Pacific Smart Home, By Technology
7.5 Rest of The World
7.5.1 Rest of The World Smart Home, By Product
7.5.3 Rest of The World Smart Home, By Technology
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Johnson Controls International
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 United Technologies Corporation
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Schneider Electric
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Honeywell International, Inc
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Amazon, Inc.
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Apple Inc
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Google
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 ADT
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Robert Bosch Gmbh
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 ASSA ABLOY
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
9.11 ABB Ltd.
9.11.1 Company Overview
9.11.2 Product/Service Landscape
9.11.3 Financial Overview
9.11.4 Recent Developments
9.12 Ingersoll-Rand PLC
9.12.1 Company Overview
9.12.2 Product/Service Landscape
9.12.3 Financial Overview
9.12.4 Recent Developments
9.13 ABB
9.13.1 Company Overview
9.13.2 Product/Service Landscape
9.13.3 Financial Overview
9.13.4 Recent Developments
9.14 Legrand S.A
9.14.1 Company Overview
9.14.2 Product/Service Landscape
9.14.3 Financial Overview
9.14.4 Recent Developments
9.15 GE
9.15.1 Company Overview
9.15.2 Product/Service Landscape
9.15.3 Financial Overview
9.15.4 Recent Developments
9.15 Comcast Corp
9.16.1 Company Overview
9.16.2 Product/Service Landscape
9.16.3 Financial Overview
9.16.4 Recent Developments
9.17 Hubbell Inc
9.17.1 Company Overview
9.17.2 Product/Service Landscape
9.17.3 Financial Overview
9.17.4 Recent Developments
9.18 Samsung Electronics Co. Ltd.
9.18.1 Company Overview
9.18.2 Product/Service Landscape
9.18.3 Financial Overview
9.18.4 Recent Developments
9.19 LG Electronics
9.19.1 Company Overview
9.19.2 Product/Service Landscape
9.19.3 Financial Overview
9.19.4 Recent Developments
9.20 Sony
9.20.1 Company Overview
9.20.2 Product/Service Landscape
9.20.3 Financial Overview
9.20.4 Recent Developments
The global Smart Home market has been segmented as below:
Smart Home Market, By Product
Smart Home Market, By Technology
Smart Home Market, By Region
Smart Home Market, By Company
