Global Smart Hubs Market 2017-2021

  • ID: 4424984
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • CONTROL4
  • Crestron Electronics
  • LG Electronics
  • Lowe's
  • SmartThings
  • Vivint
  • MORE
About Smart Hubs

A smart home hub is a device that connects the devices on a home automation network and controls communications among them. Once a smart hub is installed, it connects to other smart devices at home and acts as a gateway. Manufacturers of smart hubs need to focus on product advancements, appropriate channels of distribution, and pricing strategies. R&D is an important factor for smart hubs manufacturers.

The analysts forecast the global smart hubs market to grow at a CAGR of 5.25% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart hubs market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Smart Hubs Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • LG Electronics
  • Logitech
  • SmartThings
  • WINK LABS
Other prominent vendors
  • CONTROL4
  • Cozify
  • Crestron Electronics
  • Insteon
  • Lowe's
  • SmartBeings
  • Vera Control
  • Vivint
  • Zipato
Market drivers
  • Innovations in product technology and product features
  • For a full, detailed list, view the full report
Market challenges
  • High dependency on internet connectivity and app-related issues
  • For a full, detailed list, view the full report
Market trends
  • Increased availability of voice-based speakers
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • CONTROL4
  • Crestron Electronics
  • LG Electronics
  • Lowe's
  • SmartThings
  • Vivint
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Segmentation by distribution channel
PART 07: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Americas - market size & forecast
  • EMEA - market size & forecast
  • APAC - market size & forecast
  • Key leading countries
  • Market opportunity
PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Increased availability of voice-based speakers
  • Growing number of smart cities and urbanization
  • Compatibility with IFTTT
PART 11: VENDOR LANDSCAPE
  • Competitive scenario
  • Key players in global smart hubs market
  • Competitive assessment of top four vendors
PART 12: VENDOR ANALYSIS
  • LG Electronics
  • Logitech
  • SmartThings
  • WINK LABS
  • Other prominent vendors
PART 13: APPENDIX
  • List of abbreviations
LIST OF EXHIBITS
Exhibit 01: Smart home M2M applications
Exhibit 02: Home security systems: Trends
Exhibit 03: Global smart home M2M market 2016-2021 ($ billions)
Exhibit 04: Global smart hubs market
Exhibit 05: Global smart hubs market 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Market segmentation by distribution channel 2016 (% share of revenue)
Exhibit 08: Global smart hubs market - market size & forecast 2016-2021 (% share of revenue)
Exhibit 09: Regional comparison
Exhibit 10: Americas - market size & forecast 2016-2021 ($ millions)
Exhibit 11: Americas - Year-over-year growth 2017-2021 (%)
Exhibit 12: Top 3 countries in Americas
Exhibit 13: EMEA - market size & forecast 2016-2021 ($ millions)
Exhibit 14: EMEA - Year-over-year growth 2017-2021 (%)
Exhibit 15: Top 3 countries in EMEA
Exhibit 16: APAC - market size & forecast 2016-2021 ($ millions)
Exhibit 17: APAC - Year-over-year growth 2017-2021 (%)
Exhibit 18: Top 3 countries in APAC
Exhibit 19: Key leading countries
Exhibit 20: Number of HNWIs in key countries (millions)
Exhibit 21: IFTTT for SmartThings
Exhibit 22: Key players in global smart hubs market
Exhibit 23: Competitive assessment of top four vendors
Exhibit 24: LG Electronics: Business segmentation by revenue 2016 (% share)
Exhibit 25: LG Electronics in global smart hubs market
Exhibit 26: Logitech: Business segmentation by revenue 2016 (% share of revenue)
Exhibit 27: Logitech: Geographical segmentation by revenue 2016 (% share of revenue)
Exhibit 28: Logitech in global smart hubs market
Exhibit 29: SmartThings: Product segmentation
Exhibit 30: SmartThings in global smart hubs market
Exhibit 31: Product segmentation
Exhibit 32: WINK LABS in global smart hubs market
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • CONTROL4
  • Crestron Electronics
  • LG Electronics
  • Lowe's
  • SmartThings
  • Vivint
  • MORE
New Report Released: - Global Smart Hubs Market 2017-2021

The author of the report recognizes the following companies as the key players in the global smart hubs market: LG Electronics, Logitech, SmartThings, and WINK LABS.

Other Prominent Vendors in the market are: CONTROL4, Cozify, Crestron Electronics, Insteon, Lowe's, SmartBeings, Vera Control, Vivint, and Zipato.

Commenting on the report, an analyst from the research team said: “One trend in the market is increased availability of voice-based speakers. Currently, a few players in the market offer smart home speakers that are controlled by voice-controlled intelligent personal assistants. Smart home speakers available in the market are clubbed with features like voice control, calling, messaging (through personal assistants cloud connectivity), and playing music from Prime Music, Pandora, iHeartRadio, TuneIn, and others.”

According to the report, one driver in the market is innovations in product technology and product features. Innovations in product technology and product features are driving the global smart hubs market. A smart hub coordinates with sensors, cameras, light switches, and other products. Such devices primarily work on wireless technology. By deploying a number of wireless communication protocols, a smart hub sends and receives signals to and from individual devices. Multiple vendors in the global smart hubs market are offering smart hubs that can be connected to a large number of devices.

Further, the report states that one challenge in the market is high dependency on internet connectivity and app-related issues. The operability of smart hubs is highly dependent on internet connectivity. Any disruption in internet connectivity hinders the operability of a smart hub. The functioning of smart hubs is affected by issues related to sensor connectivity. Connectivity issues hinder the functioning of smart hubs, and the user is unable to detect the device on their smartphones till connectivity is restored. Some users face issues with Wi-Fi and firmware updates.

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.
Note: Product cover images may vary from those shown
5 of 5
  • LG Electronics
  • Logitech
  • SmartThings
  • WINK LABS
  • CONTROL4
  • Cozify
  • Crestron Electronics
  • Insteon
  • Lowe's
  • SmartBeings
  • Vera Control
  • Vivint
  • Zipato
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll