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The smart home market in the US is forecasted to grow by USD 6.47 billion during 2024-2029, accelerating at a CAGR of 5.6% during the forecast period. The report on the smart home market in the US 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 growing consumer interest in home automation, availability of a wide range of smart home products, and rising need for energy conservation.
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 market in the US is segmented as below:
By Type
- Home entertainment
- Smart appliances
- Energy management
- Lighting control system and HVAC
- Safety and security system
By Technology
- Wired
- Wireless
By Application
- Retrofit
- New construction
The report on the smart home market in the US covers the following areas:
- Smart Home Market in the US sizing
- Smart Home Market in the US forecast
- Smart Home Market in the US 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 Type
9 Market Segmentation by Technology
10 Market Segmentation by Application
11 Customer Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the smart home market in us: ABB Ltd., Allegion Public Ltd. Co., Amazon.com Inc., Apple Inc., ASSA ABLOY AB, Carrier Global Corp., Comcast Corp., Google LLC, Honeywell International Inc., Hubbell Inc., Johnson Controls International Plc, Legrand SA, LG Electronics Inc., Lutron Electronics Co. Inc., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Schneider Electric SE, Snap One LLC, and Vivint Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing development of technologically advanced products."
According to the report, one of the major drivers for this market is the growing consumer interest in home automation.
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.
- Amazon.com Inc.
- Apple Inc.
- ASSA ABLOY AB
- Carrier Global Corp.
- Comcast Corp.
- Google LLC
- Honeywell International Inc.
- Hubbell Inc.
- Johnson Controls International Plc
- Legrand SA
- LG Electronics Inc.
- Lutron Electronics Co. Inc.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Schneider Electric SE
- Snap One LLC
- Vivint Inc.
