Automated Homes in Singapore

Key Highlights

• Automated home refers to the use of internet-connected devices to facilitate the remote control and monitoring of appliances and systems, such as lighting and cooling systems. Broadly, an automated home constitutes the sale of networked devices and related services that enable home automation for private end users (B2C). These encompass any devices directly or indirectly linked to the internet through gateways, dedicated to overseeing and regulating functions within private residences. Furthermore, services essential for maintaining or supervising the household network, such as subscription fees for control applications or external monitoring services, fall within the purview of automated homes. However, devices like smartphones and tablets, whose primary function isn't household automation, are excluded from this domain, as are those with limited household connection or remote-control capabilities, like smart TVs.
• The Singaporean automated homes market recorded revenues of $2.15 billion in 2024, representing a compound annual growth rate (CAGR) of 7.8% between 2019 and 2024.
• The smart appliances segment accounted for the market's largest proportion in 2024, with total revenues of $741.3 million, equivalent to 34.4% of the market's overall value.
• The growth of the Singaporean automated homes market is driven by widespread high-rise residential developments, where home automation solutions such as smart lighting, climate control, and security systems are in high demand.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automated homes market in Singapore
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automated homes market in Singapore
• Leading company profiles reveal details of key automated homes market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Singapore automated homes market with five year forecasts

Reasons to Buy

• What was the size of the Singapore automated homes market by value in 2024?
• What will be the size of the Singapore automated homes market in 2029?
• What factors are affecting the strength of competition in the Singapore automated homes market?
• How has the market performed over the last five years?
• What are the main segments that make up Singapore's automated homes market?