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Smart Home Market in US 2022-2026

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    Report

  • 120 Pages
  • March 2022
  • Region: United States
  • TechNavio
  • ID: 5318170
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The publisher has been monitoring the smart home market in US and it is poised to grow by $18.18 bn during 2022-2026 progressing at a CAGR of 17.90% during the forecast period. The report on the smart home market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing consumer interest in home automation and the availability of a wide range of smart home products.

The smart home market in US analysis includes technology and application segments.

The smart home market in US is segmented as below:


By Technology

  • Wireless
  • Wired

By Application

  • Home entertainment
  • Smart appliances
  • Energy management
  • Lighting control system and HVAC
  • Safety and security system

This study identifies the rising need for energy conservation as one of the prime reasons driving the smart home market growth in US during the next few years.

The report on smart home market in US covers the following areas:

  • Smart home market sizing
  • Smart home market forecast
  • Smart home market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart home market vendors in US that include ABB Ltd., Allegion Plc, Alphabet Inc., Amazon.com Inc., Apple Inc., Honeywell International Inc., Johnson Controls International Plc, Panasonic Corp., Samsung Electronics Co. Ltd., and Schneider Electric SE. Also, the smart home market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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
2.1 Market ecosystem
Exhibit 01: Parent market
2.2: Market Characteristics
Exhibit 02: Market Characteristics
Exhibit 03: Value chain analysis: Communications equipment
2.2.1 Input
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Service
2.2.7 Industry innovation

3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2020

5. Market Segmentation by Application
5.1 Market segments
Exhibit 15: Application - Market share 2020-2025 (%)
5.2 Comparison by Application
Exhibit 16: Comparison by Application
5.3 Home entertainment - Market size and forecast 2020-2025
Exhibit 17: Home entertainment - Market size and forecast 2020-2025 ($ million)
Exhibit 18: Home entertainment - Year-over-year growth 2020-2025 (%)
5.4 Smart appliances - Market size and forecast 2020-2025
Exhibit 19: Smart appliances - Market size and forecast 2020-2025 ($ million)
Exhibit 20: Smart appliances - Year-over-year growth 2020-2025 (%)
o
5.5 Energy management - Market size and forecast 2020-2025
Exhibit 21: Energy management - Market size and forecast 2020-2025 ($ million)
Exhibit 22: Energy management - Year-over-year growth 2020-2025 (%)
5.6 Lighting control and HVAC - Market size and forecast 2020-2025
Exhibit 23: Lighting control and HVAC - Market size and forecast 2020-2025 ($ million)
Exhibit 24: Lighting control and HVAC - Year-over-year growth 2020-2025 (%)
5.7 Safety and security system - Market size and forecast 2020-2025
Exhibit 25: Safety and security system - Market size and forecast 2020-2025 ($ million)
Exhibit 26: Safety and security system - Year-over-year growth 2020-2025 (%)
Exhibit 27: Market opportunity by Application

6. Market Segmentation by Technology
6.1 Market segments
Exhibit 28: Technology - Market share 2020-2025 (%)
6.2 Comparison by Technology
Exhibit 29: Comparison by Technology
6.3 Wireless - Market size and forecast 2020-2025
Exhibit 30: Wireless - Market size and forecast 2020-2025 ($ million)
Exhibit 31: Wireless - Year-over-year growth 2020-2025 (%)
6.4 Wired - Market size and forecast 2020-2025
Exhibit 32: Wired - Market size and forecast 2020-2025 ($ million)
Exhibit 33: Wired - Year-over-year growth 2020-2025 (%)
Exhibit 34: Market opportunity by Technology
Exhibit 35: Market opportunity by Technology

7. Customer landscape
Exhibit 35: Customer landscape

8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Growing consumer interest in home automation
8.1.2 Availability of a wide range of smart home products
8.1.3 Rising need for energy conservation
8.2 Market challenges
8.2.1 Increase in issues related to interoperability
8.2.2 Privacy issues with respect to data
8.2.3 Challenges associated with media storage
Exhibit 36: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increasing development of technologically advanced products
8.3.2 Evolution of loT
8.3.3 Growing smartphone penetration and increasing Internet speed

9. Vendor Landscape
9.1 Competitive scenario
9.2 Vendor landscape
Exhibit 37: Vendor Landscape
9.3 Landscape disruption
Exhibit 38: Landscape disruption
9.4 Industry risks
Exhibit 39: Industry risks

11. Vendor Analysis
11.1 Vendors covered
Exhibit 40: Vendors covered
10.2 Market positioning of vendors
Exhibit 41: Market positioning of vendors
10.3 ABB Ltd.
Exhibit 42: ABB Ltd. - Overview
Exhibit 43: ABB Ltd. - Business segments
Exhibit 44: ABB Ltd. - Key news
Exhibit 45: ABB Ltd. - Key offerings
Exhibit 46: ABB Ltd. - Segment focus
10.4 Allegion Plc
Exhibit 47: Allegion Plc - Overview
Exhibit 48: Allegion Plc - Business segments
Exhibit 49: Allegion Plc - Key news
Exhibit 50: Allegion Plc - Key offerings
Exhibit 51: Allegion Plc - Segment focus
10.5 Alphabet Inc.
Exhibit 52: Alphabet Inc. - Overview
Exhibit 53: Alphabet Inc. - Business segments
Exhibit 54: Alphabet Inc. - Key offerings
Exhibit 55: Alphabet Inc. - Segment focus
10.6 Amazon.com Inc.
Exhibit 56: Amazon.com Inc. - Overview
Exhibit 57: Amazon.com Inc. - Business segments
Exhibit 58: Amazon.com Inc. - Key news
Exhibit 59: Amazon.com Inc. - Key offerings
Exhibit 60: Amazon.com Inc. - Segment focus
10.7 Apple Inc.
Exhibit 61: Apple Inc. - Overview
Exhibit 62: Apple Inc. - Business segments
Exhibit 63: Apple Inc. - Key news
Exhibit 64: Apple Inc. - Key offerings
Exhibit 65: Apple Inc. - Segment focus
10.8 Honeywell International Inc.
Exhibit 66: Honeywell International Inc. - Overview
Exhibit 67: Honeywell International Inc. - Business segments
Exhibit 68: Honeywell International Inc. - Key news
Exhibit 69: Honeywell International Inc. - Key offerings
Exhibit 70: Honeywell International Inc. - Segment focus
10.9 Johnson Controls International Plc
Exhibit 71: Johnson Controls International Plc - Overview
Exhibit 72: Johnson Controls International Plc - Business segments
Exhibit 73: Johnson Controls International Plc - Key news
Exhibit 74: Johnson Controls International Plc - Key offerings
Exhibit 75: Johnson Controls International Plc - Segment focus
10.10 Panasonic Corp.
Exhibit 76: Panasonic Corp. - Overview
Exhibit 77: Panasonic Corp. - Business segments
Exhibit 78: Panasonic Corp. - Key news
Exhibit 79: Panasonic Corp. - Key offerings
Exhibit 80: Panasonic Corp. - Segment focus
10.11 Samsung Electronics Co. Ltd.
Exhibit 81: Samsung Electronics Co. Ltd. - Overview
Exhibit 82: Samsung Electronics Co. Ltd. - Business segments
Exhibit 83: Samsung Electronics Co. Ltd. - Key news
Exhibit 84: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 85: Samsung Electronics Co. Ltd. - Segment focus
10.12 Schneider Electric SE
Exhibit 86: Schneider Electric SE - Overview
Exhibit 87: Schneider Electric SE - Business segments
Exhibit 88: Schneider Electric SE - Key news
Exhibit 89: Schneider Electric SE - Key offerings
Exhibit 90: Schneider Electric SE - Segment focus

11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 91: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 92: Research Methodology
Exhibit 93: Validation techniques employed for market sizing
Exhibit 94: Information sources
11.4 List of abbreviations

List of ExhibitsExhibits 1: Key Finding 1
Exhibits 2: Key Finding 2
Exhibits 3: Key Finding 5
Exhibits 4: Key Finding 6
Exhibits 5: Key Finding 7
Exhibits 6: Parent market
Exhibits 7: Market characteristics
Exhibits 8: Offerings of vendors included in the market definition
Exhibits 9: Market segments
Exhibits 10: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibits 11: Global market: Year-over-year growth 2021 - 2026 (%)
Exhibits 12: Five forces analysis 2021 & 2026
Exhibits 13: Bargaining power of buyers
Exhibits 14: Bargaining power of suppliers
Exhibits 15: Threat of new entrants
Exhibits 16: Threat of substitutes
Exhibits 17: Threat of rivalry
Exhibits 18: Market condition - Five forces 2021
Exhibits 19: Application - Market share 2021-2026 (%)
Exhibits 20: Comparison by Application
Exhibits 21: Home entertainment - Market size and forecast 2021-2026 ($ million)
Exhibits 22: Home entertainment - Year-over-year growth 2021-2026 (%)
Exhibits 23: Smart appliances - Market size and forecast 2021-2026 ($ million)
Exhibits 24: Smart appliances - Year-over-year growth 2021-2026 (%)
Exhibits 25: Energy management - Market size and forecast 2021-2026 ($ million)
Exhibits 26: Energy management - Year-over-year growth 2021-2026 (%)
Exhibits 27: Lighting control system and HVAC - Market size and forecast 2021-2026 ($ million)
Exhibits 28: Lighting control system and HVAC - Year-over-year growth 2021-2026 (%)
Exhibits 29: Safety and security system - Market size and forecast 2021-2026 ($ million)
Exhibits 30: Safety and security system - Year-over-year growth 2021-2026 (%)
Exhibits 31: Market opportunity by Application
Exhibits 32: Technology - Market share 2021-2026 (%)
Exhibits 33: Comparison by Technology
Exhibits 34: Wireless - Market size and forecast 2021-2026 ($ million)
Exhibits 35: Wireless - Year-over-year growth 2021-2026 (%)
Exhibits 36: Wired - Market size and forecast 2021-2026 ($ million)
Exhibits 37: Wired - Year-over-year growth 2021-2026 (%)
Exhibits 38: Market opportunity by Technology
Exhibits 39: Customer landscape
Exhibits 40: Impact of drivers and challenges
Exhibits 41: Vendor landscape
Exhibits 42: Landscape disruption
Exhibits 43: Industry risks
Exhibits 44: Vendors covered
Exhibits 45: Market positioning of vendors
Exhibits 46: ABB Ltd. - Overview
Exhibits 47: ABB Ltd. - Business segments
Exhibits 48: ABB Ltd. - Key offerings
Exhibits 49: ABB Ltd. - Key customers
Exhibits 50: ABB Ltd. - Segment focus
Exhibits 51: Allegion Plc - Overview
Exhibits 52: Allegion Plc - Business segments
Exhibits 53: Allegion Plc - Key offerings
Exhibits 54: Allegion Plc - Key customers
Exhibits 55: Allegion Plc - Segment focus
Exhibits 56: Alphabet Inc. - Overview
Exhibits 57: Alphabet Inc. - Business segments
Exhibits 58: Alphabet Inc. - Key offerings
Exhibits 59: Alphabet Inc. - Key customers
Exhibits 60: Alphabet Inc. - Segment focus
Exhibits 61: Amazon.com Inc. - Overview
Exhibits 62: Amazon.com Inc. - Business segments
Exhibits 63: Amazon.com Inc. - Key offerings
Exhibits 64: Amazon.com Inc. - Key customers
Exhibits 65: Amazon.com Inc. - Segment focus
Exhibits 66: Apple Inc. - Overview
Exhibits 67: Apple Inc. - Business segments
Exhibits 68: Apple Inc. - Key offerings
Exhibits 69: Apple Inc. - Key customers
Exhibits 70: Apple Inc. - Segment focus
Exhibits 71: Honeywell International Inc. - Overview
Exhibits 72: Honeywell International Inc. - Business segments
Exhibits 73: Honeywell International Inc. - Key offerings
Exhibits 74: Honeywell International Inc. - Key customers
Exhibits 75: Honeywell International Inc. - Segment focus
Exhibits 76: Johnson Controls International Plc - Overview
Exhibits 77: Johnson Controls International Plc - Business segments
Exhibits 78: Johnson Controls International Plc - Key offerings
Exhibits 79: Johnson Controls International Plc - Key customers
Exhibits 80: Johnson Controls International Plc - Segment focus
Exhibits 81: Panasonic Corp. - Overview
Exhibits 82: Panasonic Corp. - Business segments
Exhibits 83: Panasonic Corp. - Key offerings
Exhibits 84: Panasonic Corp. - Key customers
Exhibits 85: Panasonic Corp. - Segment focus
Exhibits 86: Samsung Electronics Co. Ltd. - Overview
Exhibits 87: Samsung Electronics Co. Ltd. - Business segments
Exhibits 88: Samsung Electronics Co. Ltd. - Key offerings
Exhibits 89: Samsung Electronics Co. Ltd. - Key customers
Exhibits 90: Samsung Electronics Co. Ltd. - Segment focus
Exhibits 91: Schneider Electric SE - Overview
Exhibits 92: Schneider Electric SE - Business segments
Exhibits 93: Schneider Electric SE - Key offerings
Exhibits 94: Schneider Electric SE - Key customers
Exhibits 95: Schneider Electric SE - Segment focus
Exhibits 96: Currency conversion rates for US$
Exhibits 97: Research Methodology
Exhibits 98: Validation techniques employed for market sizing
Exhibits 99: Information sources
Exhibits 100: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the smart home market in US: ABB Ltd., Allegion Plc, Alphabet Inc., Amazon.com Inc., Apple Inc., Honeywell International Inc., Johnson Controls International Plc, Panasonic Corp., Samsung Electronics Co. Ltd., and Schneider Electric SE.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is rising need for energy conservation.`

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 Plc
  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • Panasonic Corp.
  • Samsung Electronics Co. Ltd.
  • Schneider Electric SE