Global Smart Home M2M Market to Reach $26.1 Billion by 2030
The global market for Smart Home M2M estimated at US$10 Billion in the year 2022, is projected to reach a revised size of US$26.1 Billion by 2030, growing at a CAGR of 12.8% over the analysis period 2022-2030. Access & Security Control, one of the segments analyzed in the report, is projected to record 12.4% CAGR and reach US$4.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Energy & Climate Management segment is readjusted to a revised 14.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 12.2% CAGR
The Smart Home M2M market in the U.S. is estimated at US$3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 12.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.1% and 10.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.Select Competitors (Total 32 Featured) -
- ABB Group
- AT&T, Inc.
- British Gas
- China Mobile Ltd.
- China Telecom Corporation Ltd.
- China Unicom (Hong Kong) Ltd.
- Cisco Systems, Inc.
- Comcast Corporation
- Control4 Corporation
- Crestron Electronics, Inc.
- Deutsche Telekom AG
- Electrolux AB
- Emerson Electric Co.
- Gemalto NV
- Google, Inc.
- Haier Group
- Honeywell International, Inc.
- Ingersoll-Rand PLC
- Intel Corporation
- KORE Wireless Group, Inc.
- Legrand SA
- LG Electronics, Inc.
- Lutron Electronics Co., Inc.
- Netgear, Inc.
- Panasonic Corporation
- Robert Bosch GmbH
- Samsung Electronics Co., Ltd.
- Schneider Electric SA
- Siemens AG
- Sierra Wireless, Inc.
- Sprint Corporation
- Systech Corporation
- Telefonica SA
- Telit Communications PLC
- ThroughTek Co., Ltd.
- Vodafone Group PLC
- Zoho Corporation (WebNMS)
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Group
- AT&T, Inc.
- British Gas
- China Mobile Ltd.
- China Telecom Corporation Ltd.
- China Unicom (Hong Kong) Ltd.
- Cisco Systems, Inc.
- Comcast Corporation
- Control4 Corporation
- Crestron Electronics, Inc.
- Deutsche Telekom AG
- Electrolux AB
- Emerson Electric Co.
- Gemalto NV
- Google, Inc.
- Haier Group
- Honeywell International, Inc.
- Ingersoll-Rand PLC
- Intel Corporation
- KORE Wireless Group, Inc.
- Legrand SA
- LG Electronics, Inc.
- Lutron Electronics Co., Inc.
- Netgear, Inc.
- Panasonic Corporation
- Robert Bosch GmbH
- Samsung Electronics Co., Ltd.
- Schneider Electric SA
- Siemens AG
- Sierra Wireless, Inc.
- Sprint Corporation
- Systech Corporation
- Telefonica SA
- Telit Communications PLC
- ThroughTek Co., Ltd.
- Vodafone Group PLC
- Zoho Corporation (WebNMS)
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 239 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 10 Billion |
Forecasted Market Value ( USD | $ 26.1 Billion |
Compound Annual Growth Rate | 12.7% |
Regions Covered | Global |