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The smart home automation market is forecasted to grow by USD 179037.6 mn during 2023-2028, accelerating at a CAGR of 26.23% 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 smart home automation market is segmented as below:
By Technology
- Hybrid
- Wireless
- Wired
By Component
- Hardware
- Software
- Services
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 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 publisher 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 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 the 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 Technology
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies 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
