Smart Home Market, By Product (Lighting Control, Security & Access Control, HVAC Control, Entertainment, Home Healthcare), Software & Services (Proactive, Behavioral), and Region Global Forecast to 2027

The Smart Home market size is estimated to grow at a CAGR of 21.5% during the forecast year from 2021 to 2027.

The latest report on Smart Home Market understands market size estimates, forecasts, market shares, competition analysis, along with industry trends of Smart Home with emphasis on market timelines and technology roadmaps analysis.

The Smart Home market is segmented by product, software& services and region. The research covers the current and historic Smart Home market size and its growth trend with company outline of Key players /manufacturers ABB Ltd., Schneider Electric SE, Honeywell International Inc.. Emerson Electric Co., Siemens AG, LG Electronics Inc., Cisco Systems Inc., Google Inc., Microsoft Corporation. General Electric Company, IBM Corporation, Legrand SA, Lutron Electronics Co. Inc., United Technologies Corporation, Smart home Inc., Control4 Corporation among others.

Analysis of the global market with special focus on high growth application in each vertical and fast-growing market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions.

The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. The report also covers qualitative analysis on the market, by incorporating complete pricing and cost analysis of components & products, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report also profiles all major companies active in this field.

Market Analysis and Insights: Smart Home Market Analysis & Insights

Smart Home Market Scope and Market Size

Smart Home markets are segmented by product, software& services and region. Players, stakeholders, and other participants in the global Smart Home market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2016-2027.

Report further studies the market development status and future and Smart Home Market trend across the world. Also, it splits Smart Home Market by product, software& services and region to deep dive research and reveals market profile and prospects.

Major Classifications are as follows:

By Product:

• Lighting Control
• Relays
• Occupancy Sensors
• Daylight Sensors
• Timers
• Dimmers
• Switches
• Lighting Control Accessories and Other Products
• Security and Access Control
• Video Surveillance Systems
• Hardware
• Cameras
• Storage Devices
• Monitors
• Servers
• Accessories and Others
• Software/Video Analytics
• HVAC Control
• Smart Thermostats
• Sensors Used in HVAC Applications
• Control Valves
• Heating and Cooling Coils
• Dampers
• Actuators
• Pumps & Fans
• Smart Vents
• Entertainment and Other Controls
• Entertainment Control Products
• Audio, Volume, & Multimedia Controls
• Home Theater System Controls
• Touchscreens and Keypads
• Other Controls
• Smart Meters
• Smart Plugs
• Smart Hubs
• Smart Locks
• Smoke Detectors
• Home Healthcare
• Health Status Monitors
• Physical Activity Monitors
• Smart Kitchen
• Smart Coffee Makers
• Smart Kettles
• Smart Dish Washers
• Smart Ovens
• Smart Cooktops
• Smart Cookers
• Home Appliances
• Smart Refrigerators
• Smart Washers
• Smart Water Heaters
• Smart Vacuum Cleaners
• Smart Furniture
• Smart Tables
• Smart Desks
• Smart Stools & Benches
• Smart Sofas
• Smart Chairs

By Software and Service:

• Proactive
• Behavioral

By Region

• North America
• US
• Canada
• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia-Pacific (APAC)
• China
• Japan
• India
• Rest of APAC
• Rest of the World (RoW)
• Middle East
• Africa
• South America

Reason to purchase this report:

Determine prospective investment areas based on a detailed trend analysis of the global Smart Home market over the next years.

Gain an in-depth understanding of the underlying factors driving demand for different and Smart Home market segments in the top spending countries across the world and identify the opportunities offered by each of them.

Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.

Identify the major channels that are driving the global Smart Home market, providing a clear picture of future opportunities that can be tapped, and resulting in revenue expansion.

Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Smart Home market.

Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Smart Home market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.


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