The Global Smart Home Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart home market for global, Europe, North America, Asia Pacific and South America.
The global smart home market is expected to reach USD 55.7 billion by 2025 growing at a CAGR of 16.8%.
Global Smart Home Market By Application , By Software & Service , By Geography.
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Siemens AG, GENERAL ELECTRIC, Schneider Electric, Honeywell International Inc., Ingersoll-Rand plc, Johnson Controls, ABB, Legrand., SAMSUNG, Acuity Brands Lighting, Inc., Lutron Electronics Co., Inc, Leviton Manufacturing Co., Inc. , Vivint, Inc. , Sleep Number Corporation , Switchmate Home LLC ,Lifi Labs Inc., Emerson Electric Co. , LG Electronics., UNITED TECHNOLOGIES, Crestron Electronics, Inc. among others.
Reasons to Purchase this Report
- Current and future of global smart home market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares and strategies that are employed by the major market players
Major Market Drivers:
- Increasing demand for energy-efficient lighting solutions
- Crime leads to force home owners to increase security
- Ease of using HVAC systems
- Increasing alertness about health and disposable incomes in developing economies
- Lack of alertness about the benefits of lighting controls
- Interoperability and standardization are the major problem for HVAC systems
Market Segmentation: Global Smart Home Market
Based on geography,
north America & south America,
middle east & Africa
Some of the major countries covered in this report are the U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.
Based on application
security and access control,
entertainment and other controls,
Smart kitchen and home appliances.
On the basis of software & service
Behavioural and Proactive
TOC: Global Smart Home Market
Scope/opportunities of the Report
Porter’s Five Forces Analysis
Business Decision Framework
Drivers And Challenges
Market Key Trends
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