The global smart home Market will grow by US$ 19.5 Billion by 2027 at a CAGR of 28.1% in the given forecast period.
A smart home is an automated home setup that consists of a wide range of products including home security, smart lighting, smart entertainment, smart appliances, and others. These products are connected and controlled distantly from a mobile or any other internet enabled network devices. The products are also connected through the internet, which help users to monitor, control, and automate home functions including security access to the house, lighting, entertainment, temperature, and others. These products are equipped with advanced sensors, remote controllers, switches, and other equipment. Further, sensors, remote controllers, and other equipment are integrated with the IoT and artificial intelligence platforms, which offer enhanced security modes, energy efficiency, and improve smart living.
Market Insights
The global Smart Home market is segregated on the basis of Type as Security & Surveillance Systems, Lighting Systems, HVAC Control, and Energy Management. Based on Application the global Smart Home market is segmented in Lighting Control, Security & Access Control, HVAC Control, Entertainment & Other Control, Home Healthcare, Smart Kitchen, and Home Appliances. Based on Technology the global Smart Home market is segmented in Networks, Protocols, and Wireless.
Based on Component, the global Smart Home market is segmented in Software and Services.
The global Smart Home market report provides geographic analysis covering regions, such as North America, Europe, 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 Rivalry
Siemens AG, Honeywell International, Johnson Controls International, Google, United Technologies Corporation, Amazon Inc., Schneider Electric SE, Robert Bosch GmbH, ABB, and others are among the major players in the global Smart Home market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Smart Home Market has been segmented as below:
Smart Home Market, By Type
Smart Home Market, By Application
Smart Home Market, By Technology
Smart Home Market, By Component
Smart Home Market, By Region
The report covers:
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 Siemens AG, Honeywell International, Johnson Controls International, Google, United Technologies Corporation, Amazon Inc., Schneider Electric SE, Robert Bosch GmbH, ABB, and others.
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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 Type
5.1 Introduction
5.2 Security & Surveillance Systems
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Lighting Systems
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 HVAC Control
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Energy Management
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Smart Home Market, By Application
6.1 Introduction
6.2 Lighting Control
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Security & 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 & Other Control
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Home Healthcare
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Smart Kitchen
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Home Appliances
6.8.1 Market Overview
6.8.2 Market Size and Forecast
7. Smart Home Market, By Technology
7.1 Introduction
7.2 Networks
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Protocols
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Wireless
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. Smart Home Market, By Component
8.1 Introduction
8.2 Software
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Services
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. Smart Home Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Smart Home, By Type
9.2.2 North America Smart Home, By Application
9.2.3 North America Smart Home, By Technology
9.2.4 North America Smart Home, By Component
9.3 Europe
9.3.1 Europe Smart Home, By Type
9.3.2 Europe Smart Home, By Application
9.3.3 Europe Smart Home, By Technology
9.3.4 Europe Smart Home, By Component
9.4 Asia-Pacific
9.4.1 Asia-Pacific Smart Home, By Type
9.4.2 Asia-Pacific Smart Home, By Application
9.4.3 Asia-Pacific Smart Home, By Technology
9.4.4 Asia-Pacific Smart Home, By Component
9.5 Rest of the World
9.5.1 Rest of the World Smart Home, By Type
9.5.2 Rest of the World Smart Home, By Application
9.5.3 Rest of the World Smart Home, By Technology
9.5.4 Rest of the World Smart Home, By Component
The Smart Home Market has been segmented as below:
Smart Home Market, By Type
Smart Home Market, By Application
Smart Home Market, By Technology
Smart Home Market, By Component
Smart Home Market, By Region
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