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The smart home market is forecasted to grow by USD 188.3 billion during 2023-2028, accelerating at a CAGR of 21.21% during the forecast period. The report on the smart home market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing consumer interest in home automation, an increase in crowdfunding campaigns, and the availability of a wide range of smart home products.
The smart home market is segmented as below:
By Application
- Home entertainment
- Smart appliances
- Energy management
- Lighting control system and HVAC
- Safety and security system
By Technology
- Wireless
- Wired
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the smart home market covers the following areas:
- Smart home market sizing
- Smart home market forecast
- Smart home market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global smart home market: ABB Ltd., Allegion Public Ltd. Co., Alphabet Inc., Amazon.com Inc., Apple Inc., ASSA ABLOY AB, Comcast Corp., Honeywell International Inc., Hubbell Inc., Johnson Controls, Legrand SA, LG Corp., Lutron Electronics Co. Inc., Panasonic Holdings Corp., RTX Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Schneider Electric SE, Snap One LLC, and Vivint Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the rising number of strategic partnerships and alliances."
According to the report, one of the major drivers for this market is the growing consumer interest in home automation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Allegion Public Ltd. Co.
- Alphabet Inc.
- Amazon.com Inc.
- Apple Inc.
- ASSA ABLOY AB
- Comcast Corp.
- Honeywell International Inc.
- Hubbell Inc.
- Johnson Controls
- Legrand SA
- LG Corp.
- Lutron Electronics Co. Inc.
- Panasonic Holdings Corp.
- RTX Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Schneider Electric SE
- Snap One LLC
- Vivint Inc.
