
Smart Home Market by Technologies (Cellular Network Technologies, Protocols & Standards, Wireless Communication Technologies), Product (Energy Management, Entertainment Control, Home Healthcare), Service, Sales Channel, Application - Global Forecast 2024-
Description
Smart Home Market by Technologies (Cellular Network Technologies, Protocols & Standards, Wireless Communication Technologies), Product (Energy Management, Entertainment Control, Home Healthcare), Service, Sales Channel, Application - Global Forecast 2024-2030
The Smart Home Market size was estimated at USD 116.23 billion in 2023 and expected to reach USD 127.56 billion in 2024, at a CAGR 10.57% to reach USD 234.90 billion by 2030.
Global Smart Home Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Smart Home Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Smart Home Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Smart Home Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., ADT LLC, Amazon Inc., American Honda Motor Co., Inc., Apple Inc., Arlo Technologies, Inc., ASSA ABLOY Group, CNET by Red Ventures Company, Control4 by Snap One, LLC, D-Link Corporation, D.R. HORTON, INC., Delta Controls Inc., Emerson Electric Corporation, General Electric Company, Google LLC by Alphabet Inc., Honeywell International Inc., Inter IKEA Systems B.V., iRobot Corporation, Johnson Controls International PLC, Koninklijke Philips N.V, Legrand SA, LG Electronics, Lutron Electronics Co., Inc., NXP Semiconductors N.V., Robert Bosch GmbH, Samsung Electronics Co.,Ltd., Schneider Electric SE, Siemens AG, SONY Corporation, TP-Link Corporation Limited, and Xiaomi Singapore Pte. Ltd..
Market Segmentation & Coverage
This research report categorizes the Smart Home Market to forecast the revenues and analyze trends in each of the following sub-markets:
Technologies
Cellular Network Technologies
Protocols & Standards
Wireless Communication Technologies
Product
Energy Management
Entertainment Control
Home Healthcare
HVAC & R Control
Lighting Systems
Security & Surveillance System
Smart Furniture
Smart Speaker
Service
Managed Service
Professional Service
Sales Channel
Direct
Indirect
Application
New construction
Retrofit
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Smart Home Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Smart Home Market?
3. What are the technology trends and regulatory frameworks in the Smart Home Market?
4. What is the market share of the leading vendors in the Smart Home Market?
5. Which modes and strategic moves are suitable for entering the Smart Home Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
189 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Smart Home Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing number of internet users coupled with growing adoption of smart devices at home
- 5.1.1.2. Rising need to enhanced energy-efficiency and sustainability in residential and commercial sector
- 5.1.1.3. Growing government investment in smart city projects support the home automation
- 5.1.2. Restraints
- 5.1.2.1. High set up cost associated with smart homes
- 5.1.3. Opportunities
- 5.1.3.1. Development of digital assistants enabled smart devices to monitor home in remote locations
- 5.1.3.2. Significant advancement in smart home technology enabled communication
- 5.1.4. Challenges
- 5.1.4.1. Consumer security and privacy concerns with more connected devices
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Smart Home Market, by Technologies
- 6.1. Introduction
- 6.2. Cellular Network Technologies
- 6.3. Protocols & Standards
- 6.4. Wireless Communication Technologies
- 7. Smart Home Market, by Product
- 7.1. Introduction
- 7.2. Energy Management
- 7.3. Entertainment Control
- 7.4. Home Healthcare
- 7.5. HVAC & R Control
- 7.6. Lighting Systems
- 7.7. Security & Surveillance System
- 7.8. Smart Furniture
- 7.9. Smart Speaker
- 8. Smart Home Market, by Service
- 8.1. Introduction
- 8.2. Managed Service
- 8.3. Professional Service
- 9. Smart Home Market, by Sales Channel
- 9.1. Introduction
- 9.2. Direct
- 9.3. Indirect
- 10. Smart Home Market, by Application
- 10.1. Introduction
- 10.2. New construction
- 10.3. Retrofit
- 11. Americas Smart Home Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Smart Home Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Smart Home Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. FPNV Positioning Matrix
- 14.2. Market Share Analysis, By Key Player
- 14.3. Competitive Scenario Analysis, By Key Player
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.1.1. ABB Ltd.
- 15.1.2. ADT LLC
- 15.1.3. Amazon Inc.
- 15.1.4. American Honda Motor Co., Inc.
- 15.1.5. Apple Inc.
- 15.1.6. Arlo Technologies, Inc.
- 15.1.7. ASSA ABLOY Group
- 15.1.8. CNET by Red Ventures Company
- 15.1.9. Control4 by Snap One, LLC
- 15.1.10. D-Link Corporation
- 15.1.11. D.R. HORTON, INC.
- 15.1.12. Delta Controls Inc.
- 15.1.13. Emerson Electric Corporation
- 15.1.14. General Electric Company
- 15.1.15. Google LLC by Alphabet Inc.
- 15.1.16. Honeywell International Inc.
- 15.1.17. Inter IKEA Systems B.V.
- 15.1.18. iRobot Corporation
- 15.1.19. Johnson Controls International PLC
- 15.1.20. Koninklijke Philips N.V
- 15.1.21. Legrand SA
- 15.1.22. LG Electronics
- 15.1.23. Lutron Electronics Co., Inc.
- 15.1.24. NXP Semiconductors N.V.
- 15.1.25. Robert Bosch GmbH
- 15.1.26. Samsung Electronics Co.,Ltd.
- 15.1.27. Schneider Electric SE
- 15.1.28. Siemens AG
- 15.1.29. SONY Corporation
- 15.1.30. TP-Link Corporation Limited
- 15.1.31. Xiaomi Singapore Pte. Ltd.
- 15.2. Key Product Portfolio
- 16. Appendix
- 16.1. Discussion Guide
- 16.2. License & Pricing
- FIGURE 1. SMART HOME MARKET RESEARCH PROCESS
- FIGURE 2. SMART HOME MARKET SIZE, 2023 VS 2030
- FIGURE 3. SMART HOME MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. SMART HOME MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. SMART HOME MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. SMART HOME MARKET DYNAMICS
- FIGURE 7. SMART HOME MARKET SIZE, BY TECHNOLOGIES, 2023 VS 2030 (%)
- FIGURE 8. SMART HOME MARKET SIZE, BY TECHNOLOGIES, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. SMART HOME MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 10. SMART HOME MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. SMART HOME MARKET SIZE, BY SERVICE, 2023 VS 2030 (%)
- FIGURE 12. SMART HOME MARKET SIZE, BY SERVICE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. SMART HOME MARKET SIZE, BY SALES CHANNEL, 2023 VS 2030 (%)
- FIGURE 14. SMART HOME MARKET SIZE, BY SALES CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. SMART HOME MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 16. SMART HOME MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. AMERICAS SMART HOME MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. AMERICAS SMART HOME MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. UNITED STATES SMART HOME MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 20. UNITED STATES SMART HOME MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. ASIA-PACIFIC SMART HOME MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. ASIA-PACIFIC SMART HOME MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. EUROPE, MIDDLE EAST & AFRICA SMART HOME MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 24. EUROPE, MIDDLE EAST & AFRICA SMART HOME MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 25. SMART HOME MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 26. SMART HOME MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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