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The smart home automation market is forecasted to grow by USD 261.30 billion during 2024-2029, accelerating at a CAGR of 28.9% during the forecast period. The report on the smart home automation 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 increased reliance on wireless technologies, increasing demand for home security and monitoring system, and availability of affordable retrofit smart home devices.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The smart home automation market is segmented as below:
By Technology
- Hybrid
- Wireless
- Wired
By Component
- Hardware
- Software
- Services
By Application
- Entertainment
- Security and access
- Lighting
- HVAC and energy management
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the smart home automation market covers the following areas:
- Smart Home Automation Market sizing
- Smart Home Automation Market forecast
- Smart Home Automation Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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 primary and secondary research. 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 Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Technology
9 Market Segmentation by Component
10 Market Segmentation by Application
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global smart home automation market: ABB Ltd., Allegion Public Ltd. Co., Alphabet Inc., Amazon.com Inc., Comcast Corp., Crestron Electronics Inc., Honeywell International Inc., Hubbell Inc., Ingersoll Rand Inc., Johnson Controls International Plc, Legrand SA, Leviton Manufacturing Co. Inc., LG Corp., Lutron Electronics Co. Inc., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Schneider Electric SE, Siemens AG, and Snap One LLC.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in adoption of cloud-based technologies."
According to the report, one of the major drivers for this market is the increased reliance on wireless technologies.
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.
- Comcast Corp.
- Crestron Electronics Inc.
- Honeywell International Inc.
- Hubbell Inc.
- Ingersoll Rand Inc.
- Johnson Controls International Plc
- Legrand SA
- Leviton Manufacturing Co. Inc.
- LG Corp.
- Lutron Electronics Co. Inc.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Schneider Electric SE
- Siemens AG
- Snap One LLC
