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Smart Apartments Global Market Report 2020-30: COVID-19 Growth and Change

  • ID: 5118547
  • Report
  • June 2020
  • Region: Global
  • 200 pages
  • The Business Research Company
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FEATURED COMPANIES

  • Carlisle
  • Henley
  • Lennar Homes
  • Meritage Homes
  • Metricon
  • Porter Davis
  • MORE
Smart Apartments Global Market Report 2020-30: COVID-19 Growth and Change from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global smart apartments market.

This report focuses on smart apartments market which is experiencing strong growth. The report gives a guide to the smart apartments market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for the smart apartments? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Smart Apartments market global report from the publisher answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider companies mentioned: Pulte Group; Meritage Homes; Shea Homes; Lennar Homes; Metricon, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The smart apartments market section of the report gives context. It compares the smart apartments market with other segments of the smart apartments market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, smart apartments indicators comparison.
Scope

Markets Covered: By Product: Building Management System (BMS); Heating, Ventilating, and Air Conditioning (HVAC); Lighting Control; Security and Access Control; Emergency Alarm and Evacuation System; Audio and Visual Effects

Companies Mentioned: Pulte Group; Meritage Homes; Shea Homes; Lennar Homes; Metricon

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

This report will be delivered within 1-3 business days.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Carlisle
  • Henley
  • Lennar Homes
  • Meritage Homes
  • Metricon
  • Porter Davis
  • MORE
1. Executive Summary

2. Smart Apartments Market Characteristics

3. Smart Apartments Market Size And Growth
3.1. Global Smart Apartments Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Smart Apartments Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market

4. Smart Apartments Market Segmentation
4.1. Global Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Building Management System (BMS)
  • Heating, Ventilating, And Air Conditioning (HVAC)
  • Lighting Control
  • Security And Access Control
  • Emergency Alarm And Evacuation System
  • Audio And Visual Effects
5. Smart Apartments Market Regional And Country Analysis
5.1. Global Smart Apartments Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Smart Apartments Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

6. Asia-Pacific Smart Apartments Market
6.1. Asia-Pacific Smart Apartments Market Overview
6.2. Asia-Pacific Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

7. China Smart Apartments Market
7.1. China Smart Apartments Market Overview
7.2. China Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

8. India Smart Apartments Market
8.1. India Smart Apartments Market Overview
8.2. India Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

9. Japan Smart Apartments Market
9.1. Japan Smart Apartments Market Overview
9.2. Japan Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

10. Australia Smart Apartments Market
10.1. Australia Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

11. Indonesia Smart Apartments Market
11.1. Indonesia Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

12. South Korea Smart Apartments Market
12.1. South Korea Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

13. Western Europe Smart Apartments Market
13.1. Western Europe Smart Apartments Market Overview
13.2. Western Europe Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

14. UK Smart Apartments Market
14.1. UK Smart Apartments Market Overview
14.2. UK Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

15. Germany Smart Apartments Market
15.1. Germany Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

16. France Smart Apartments Market
16.3. France Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

17. Eastern Europe Smart Apartments Market
17.1. Eastern Europe Smart Apartments Market Overview
17.2. Eastern Europe Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

18. Russia Smart Apartments Market
18.1. Russia Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

19. North America Smart Apartments Market
19.1. North America Smart Apartments Market Overview
19.2. North America Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

20. USA Smart Apartments Market
20.1. USA Smart Apartments Market Overview
20.2. USA Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

21. South America Smart Apartments Market
21.1. South America Smart Apartments Market Overview
21.2. South America Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

22. Brazil Smart Apartments Market
22.1. Brazil Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

23. Middle East Smart Apartments Market
23.1. Middle East Smart Apartments Market Overview
23.2. Middle East Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

24. Africa Smart Apartments Market
24.1. Africa Smart Apartments Market Overview
24.2. Africa Smart Apartments Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

25. Smart Apartments Market Competitive Landscape And Company Profiles
25.1. Smart Apartments Market Competitive Landscape
25.2. Smart Apartments Market Company Profiles
25.2.1. Pulte Group
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Meritage Homes
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Shea Homes
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Lennar Homes
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Metricon
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Smart Apartments Market

27. Smart Apartments Market Trends And Strategies

28. Smart Apartments Market Future Outlook and Potential Analysis

29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright And Disclaimer
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Carlisle
  • Henley
  • Lennar Homes
  • Meritage Homes
  • Metricon
  • Porter Davis
  • MORE
Major players in the smart apartments market are Johnson Controls, ABB Ltd., Siemens AG, Honeywell International Inc., Hitachi, IBM, Schneider Electric, Hewlett-Packard, TYCO International and Siemens, and Legrand SA.

The global smart apartments market is expected to decline from $2.09 billion in 2019 and to $1.84 billion in 2020 at a compound annual growth rate (CAGR) of -12.26%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $2.47 billion in 2023 at a CAGR of 10.45%.

The smart apartments market consists of sales of smart apartments and related services. Smart apartments have connectivity to smart amenities such as smart lights, smart locks, integrated services like home cleaning within an apartment. The smart apartment comprises smart devices such as smart locks, smart thermostats, smart lights, smart TVs, blinds, cameras and kitchen appliances. A smart apartment also involves the use of technology that can be reprogrammed frequently based on the resident's lease agreements.

In 2019, Control4 Corporation, a USA-based provider of automation and networking systems for homes and businesses, acquired NEEO for an undisclosed amount. Through the acquisition, Control4 Corporation aims to expand its product line by adding remotes, touch panels, keypads, and other smart home devices from NEEO’s product portfolio. NEEO is a Switzerland based provider of home automation, electronics, consumer electronics, and smart home automation.

The smart apartments market covered in this report is segmented by product into building management system (BMS); heating, ventilating, and air conditioning (HVAC); lighting control; security and access control; emergency alarm and evacuation system; audio and visual effects.

The risk of potential cyber-attack leading to a breach in privacy restricts the growth of the smart apartments market. A smart apartment uses a complex network of devices connected over the internet that uses sensors and controllers which are used to control the ventilation systems, heating systems, lighting, water, video surveillance systems, alarms, and other critical functions. Thus, any security breach caused due to malicious cyber-attack affects the remote monitoring of temperature, system performance, and other variables of a smart building and intruding privacy of the residents. Any breach in cybersecurity of a smart apartment may result in the exploitation of remote access privileges to gain access to the facility. For instance, in 2019, a lawsuit was filed against Ring, a USA-based Amazon-owned provider of home security and smart home, where the plaintiff claimed that his Ring smart video doorbell was hacked by a hacker from outside. The hacker used it to communicate with the plaintiff's family members. The incident raises issues regarding the safety of smart appliances installed in smart residential buildings. Thus, the growth of the smart apartments market is restricted by the risk of cyber-attack causing privacy breach.

The smart apartments market is driven by the increased use of IoT (Internet of Things) devices by people in every aspect of their daily routine. IoT involves sending and receiving data by a network of sensors, appliances, meters and other devices. The IoT-enabled sensors and devices are used to increase the efficiency of the appliances in a smart apartment making it more efficient, sustainable, safer such as a few IoT-enabled sensors are capable of automatically turning the lights on after sensing the presence in a room thus adding a distinctive attribute to the smart apartments. Thus, the increased adoption of IoT technology boosts the growth of the smart apartments market. For instance, the global spending on IoT across markets was more than $700 billion in 2016 and was estimated to be more than $1 trillion in 2020. Thus, the increased demand for IoT devices that help ease the lifestyle boosts the growth of the smart apartments market.

The concept of using an apartment as a service (AaaS) is the latest trend driving the smart apartments market. In the apartment as a service concept (AaaS), fully furnished smart apartments are rented for very short to long periods of stays. It helps to offer a cost-effective solution for tenants to live in a smart apartment. Using an apartment as a service enables the rental operators to streamline their operations and costs thus enhancing the resident’s experience and discovering new revenue streams for the owner. For instance, there were more than one million serviced apartment units in 2017. Also, as reported by Entrata, a USA based provider of property management software, in the USA, almost 57% of apartment tenants can pay up to $20 per month if smart technology was installed in an apartment.
Note: Product cover images may vary from those shown
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  • Pulte Group
  • Meritage Homes
  • Shea Homes
  • Lennar Homes
  • Metricon
  • Porter Davis
  • Henley
  • Carlisle
Note: Product cover images may vary from those shown
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