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Global Smart Home Market: Size, Trends & Forecasts (2022-2026 Edition)

Publisher Daedal Research
Published Jan 06, 2022
Length 114 Pages
SKU # DAR16891057

Description

The report titled “Global Smart Home Market: Size, Trends & Forecasts (2022-2026 Edition)”, provides in-depth analysis of the global smart home market, with detailed analysis of market size and growth. The report provides analysis of the smart home market by value, by volume, by application, by communication network & by region. The report further provides detailed regional analysis on the basis of value, volume, application and communication network.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall global smart home has also been forecasted for the years 2022-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the smart home market are Amazon.com Inc., Alphabet Inc., ABB Ltd. and Assa Abloy AB. The four companies have been profiled in the report providing detailed analysis of their business strategies.

Region Coverage

North America
Europe
Asia Pacific
Middle East & Africa
Latin America

Company Coverage

Amazon.com Inc.
Alphabet Inc.
ABB Ltd.
Assa Abloy AB

Executive Summary

Smart homes are the advanced residential buildings which are installed with technically advanced features like smart television, smart light, smart appliances, smart security, etc. The technology enables people to control numerous automated home devices by software commands from a remote location, hence enhancing the comfort and security of the house.

The smart home is built by integration of various components such as power management unit, micro controller/microprocessor unit, software applications, firmware, smart sensors and many other components.

Additionally, the smart home facilitates the user with different benefits like hassle free system, cost efficiency, ease of use, safeguard privacy, provide entertainment, etc.

The global smart home market has perceived progressive growth in the past few years and the market is further expected to augment at an escalating growth rate during the forecasted period (2022-2026). The global smart home market growth would be supported by numerous growth drivers such as declining smart sensors price, surge in the adoption of internet of things (IoT), accelerating construction activities, increasing number of internet users, growth in consumer spending, surging demand for energy optimization, rising urbanization, etc.

However, the growth of global smart home market would be negatively impacted by various challenges. Some of the foremost challenges faced by the market are high installation cost and intolerable threats. Whereas, the market growth would be driven by different market trends like the evolution of cloud technology, rising artificial intelligence technology, growth in smart speaker installations, surging machine to machine communication technology, etc.

Table of Contents

114 Pages
1. Executive Summary
2. Introduction
2.1 Smart Home: An Overview
2.1.1 Advancement of Smart Home
Table 1: Advancement of Smart Home
2.2 Components to Build Smart Home Gateway
Table 2: Components to Build Smart Home Gateway
2.3 Smart Home Offerings and System Components: An Overview
Table 3: Smart Home Offerings and System Components
2.4 Customer Expectancy from Smart Home: An Overview
Table 4: Customer Expectancy from Smart Home
2.5 Advantages and Disadvantages of Smart Home
Table 5: Advantages and Disadvantages of Smart Home
3. Global Market Analysis
3.1 Global Smart Home Market: An Analysis
3.1.1 Global Smart Home Market by Value
Table 6: Global Smart Home Market by Value; 2017-2021 (US$ Billion)
Table 7: Global Smart Home Market by Value; 2022-2026 (US$ Billion)
3.1.2 Global Smart Home Market by Volume
Table 8: Global Smart Home Market by Volume; 2017-2021 (Million Units)
Table 9: Global Smart Home Market by Volume; 2022-2026 (Million Units)
3.1.3 Global Smart Home Market by Application (Smart Products, Security Monitoring, Home Healthcare, Lighting, Energy Conservation and Others)
Table 10: Global Smart Home Market by Application; 2021 (Percentage, %)
3.1.4 Global Smart Home Market Volume by Application (Smart Products, Security Monitoring, Home Healthcare, Lighting, Energy Conservation and Others)
Table 11: Global Smart Home Market Volume by Application; 2021 (Percentage, %)
3.1.5 Global Smart Home Market by Communication Network (Wireless Communication Network and Mobile Communication Network)
Table 12: Global Smart Home Market by Communication Network; 2021 (Percentage, %)
3.1.6 Global Smart Home Market Volume by Communication Network (Wireless Communication Network and Mobile Communication Network)
Table 13: Global Smart Home Market Volume by Communication Network; 2021 (Percentage, %)
3.1.7 Global Smart Home Market by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa)
Table 14: Global Smart Home Market by Region; 2021 (Percentage, %)
3.1.8 Global Smart Home Market Volume by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa)
Table 15: Global Smart Home Market Volume by Region; 2021 (Percentage, %)
3.2 Global Smart Home Market: Application Analysis
3.2.1 Global Smart Energy Conservation Market by Value
Table 16: Global Smart Energy Conservation Market by Value; 2017-2021 (US$ Billion)
Table 17: Global Smart Energy Conservation Market by Value; 2022-2026 (US$ Billion)
3.2.2 Global Smart Energy Conservation Market by Volume
Table 18: Global Smart Energy Conservation Market by Volume; 2017-2021 (Million Units)
Table 19: Global Smart Energy Conservation Market by Volume; 2022-2026 (Million Units)
3.2.3 Global Smart Lighting Market by Value
Table 20: Global Smart Lighting Market by Value; 2017-2021 (US$ Billion)
Table 21: Global Smart Lighting Market by Value; 2022-2026 (US$ Billion)
3.2.4 Global Smart Lighting Market by Volume
Table 22: Global Smart Lighting Market by Volume; 2017-2021 (Million Units)
Table 23: Global Smart Lighting Market by Volume; 2022-2026 (Million Units)
3.2.5 Global Smart Security Monitoring Market by Value
Table 24: Global Smart Security Monitoring Market by Value; 2017-2021 (US$ Billion)
Table 25: Global Smart Security Monitoring Market by Value; 2022-2026 (US$ Billion)
3.2.6 Global Smart Security Monitoring Market by Volume
Table 26: Global Smart Security Monitoring Market by Volume; 2017-2021 (Million Units)
Table 27: Global Smart Security Monitoring Market by Volume; 2022-2026 (Million Units)
3.2.7 Global Smart Products Market by Value
Table 28: Global Smart Products Market by Value; 2017-2021 (US$ Billion)
Table 29: Global Smart Products Market by Value; 2022-2026 (US$ Billion)
3.2.8 Global Smart Products Market by Volume
Table 30: Global Smart Products Market by Volume; 2017-2021 (Million Units)
Table 31: Global Smart Products Market by Volume; 2022-2026 (Million Units)
3.2.9 Global Smart Home Healthcare Market by Value
Table 32: Global Smart Home Healthcare Market by Value; 2017-2021 (US$ Billion)
Table 33: Global Smart Home Healthcare Market by Value; 2022-2026 (US$ Billion)
3.2.10 Global Smart Home Healthcare Market by Volume
Table 34: Global Smart Home Healthcare Market by Volume; 2017-2021 (Million Units)
Table 35: Global Smart Home Healthcare Market by Volume; 2022-2026 (Million Units)
3.2.11 Global Other Applications Market by Value
Table 36: Global Other Applications Market by Value; 2017-2021 (US$ Billion)
Table 37: Global Other Applications Market by Value; 2022-2026 (US$ Billion)
3.2.12 Global Other Applications Market by Volume
Table 38: Global Other Applications Market by Volume; 2017-2021 (Million)
Table 39: Global Other Applications Market by Volume; 2022-2026 (Million)
3.3 Global Smart Home Market: Communication Network Analysis
3.3.1 Global Wireless Communication Market by Value
Table 40: Global Wireless Communication Market by Value; 2017-2021 (US$ Billion)
Table 41: Global Wireless Communication Market by Value; 2022-2026 (US$ Billion)
3.3.2 Global Wireless Communication Market by Volume
Table 42: Global Wireless Communication Market by Volume; 2017-2021 (Million Units)
Table 43: Global Wireless Communication Market by Volume; 2022-2026 (Million Units)
3.3.3 Global Mobile Communication Market by Value
Table 44: Global Mobile Communication Market by Value; 2017-2021 (US$ Billion)
Table 45: Global Mobile Communication Market by Value; 2022-2026 (US$ Billion)
3.3.4 Global Mobile Communication Market by Volume
Table 46: Global Mobile Communication by Volume; 2017-2021 (Million Units)
Table 47: Global Mobile Communication Market by Volume; 2022-2026 (Million Units)
4. Regional Market Analysis
4.1 North America Smart Home Market: An Analysis
4.1.1 North America Smart Home Market by Value
Table 48: North America Smart Home Market by Value; 2017-2021 (US$ Billion)
Table 49: North America Smart Home Market by Value; 2022-2026 (US$ Billion)
4.1.2 North America Smart Home Market Value by Applications
Table 50: North America Smart Home Market Value by Applications; 2021-2026 (US$ Billion)
4.1.3 North America Smart Home Market by Volume
Table 51: North America Smart Home Market by Volume; 2017-2021 (Million Units)
Table 52: North America Smart Home Market by Volume; 2022-2026 (Million Units)
4.1.4 North America Smart Home Market Value by Communication Network
Table 53: North America Smart Home Market Value by Communication Network; 2021-2026 (US$ Billion)
4.2 Europe Smart Home Market: An Analysis
4.2.1 Europe Smart Home Market by Value
Table 54: Europe Smart Home Market by Value; 2017-2021 (US$ Billion)
Table 55: Europe Smart Home Market by Value; 2022-2026 (US$ Billion)
4.2.2 Europe Smart Home Market Value by Applications
Table 56: Europe Smart Home Market Value by Applications; 2021-2026 (US$ Billion)
4.2.3 Europe Smart Home Market by Volume
Table 57: Europe Smart Home Market by Volume; 2017-2021 (Million Units)
Table 58: Europe Smart Home Market by Volume; 2022-2026 (Million Units)
4.2.4 Europe Smart Home Market Value by Communication Network
Table 59: Europe Smart Home Market Value by Communication Network; 2021-2026 (US$ Billion)
4.3 Asia Pacific Smart Home Market: An Analysis
4.3.1 Asia Pacific Smart Home Market by Value
Table 60: Asia Pacific Smart Home Market by Value; 2017-2021 (US$ Billion)
Table 61: Asia Pacific Smart Home Market by Value; 2022-2026 (US$ Billion)
4.3.2 Asia Pacific Smart Home Market Value by Applications
Table 62: Asia Pacific Smart Home Market Value by Applications; 2021-2026 (US$ Billion)
4.3.3 Asia Pacific Smart Home Market by Volume
Table 63: Asia Pacific Smart Home Market by Volume; 2017-2021 (Million Units)
Table 64: Asia Pacific Smart Home Market by Volume; 2022-2026 (Million Units)
4.3.4 Asia Pacific Smart Home Market Value by Communication Network
Table 65: Asia Pacific Smart Home Market Value by Communication Network; 2021-2026 (US$ Billion)
4.4 Middle East and Africa Smart Home Market: An Analysis
4.4.1 Middle East and Africa Smart Home Market by Value
Table 66: Middle East and Africa Smart Home Market by Value; 2017-2021 (US$ Billion)
Table 67: Middle East and Africa Smart Home Market by Value; 2022-2026 (US$ Billion)
4.4.2 Middle East and Africa Smart Home Market Value by Applications
Table 68: Middle East and Africa Smart Home Market Value by Applications; 2021-2026 (US$ Billion)
4.4.3 Middle East and Africa Smart Home Market by Volume
Table 69: Middle East and Africa Smart Home Market by Volume; 2017-2021 (Million Units)
Table 70: Middle East and Africa Smart Home Market by Volume; 2022-2026 (Million Units)
4.4.4 Middle East and Africa Smart Home Market Value by Communication Network
Table 71: Middle East and Africa Smart Home Market Value by Communication Network; 2021-2026 (US$ Billion)
4.5 Latin America Smart Home Market: An Analysis
4.5.1 Latin America Smart Home Market by Value
Table 72: Latin America Smart Home Market by Value; 2017-2021 (US$ Billion)
Table 73: Latin America Smart Home Market by Value; 2022-2026 (US$ Billion)
4.5.2 Latin America Smart Home Market Value by Applications
Table 74: Latin America Smart Home Market Value by Applications; 2021-2026 (US$ Billion)
4.5.3 Latin America Smart Home Market by Volume
Table 75: Latin America Smart Home Market by Volume; 2017-2021 (Million Units)
Table 76: Latin America Smart Home Market by Volume; 2022-2026 (Million Units)
4.5.4 Latin America Smart Home Market Value by Communication Network
Table 77: Latin America Smart Home Market Value by Communication Network; 2021-2026 (US$ Billion)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Declining Smart Sensors Price
Table 78: Global Average Smart Sensors Sale Price; 2014-2019 (US$)
5.1.2 Surge in Adoption of Internet of Things (IoT)
Table 79: Global Active Internet of Things (IoT) Devices; 2018-2025 (Billion)
5.1.3 Accelerating Construction Activities
Table 80: Global Construction Expenditure, 2018-2023 (US$ Trillion)
5.1.4 Rise in Consumer Spending
Table 81: Global Consumer Spending on Smart Home Systems; 2017-2022 (US$ Billion)
5.1.5 Surging Demand for Energy Optimization
Table 82: Global Energy Consumption by Energy Sources; 2010-2040 (Quadrillion Btu)
5.1.6 Rising Urbanization
Table 83: Global Urban Population; 1990-2050 (Percentage, %)
5.2 Challenges
5.2.1 High Installation Cost
5.2.2 Intolerable Threats
5.3 Market Trends
5.3.1 Cloud Technology
Table 84: Global Cloud Computing Market by Value; 2018-2023 (US$ Billion)
5.3.2 Rising Artificial Intelligence Technology
Table 85: Global Artificial Intelligence Market Revenue; 2017-2025 (US$ Billion)
5.3.3 Growth in Smart Speaker Installation
Table 86: Global Smart Speakers Sales; 2018-2025 (Million)
5.3.4 Machine to Machine (M2M) Communications
Table 87: Global M2M Connections; 2016-2021 (Billion)
6. Competitive Landscape
6.2 Global Smart Speakers Sales Market Share by Players
Table 88: Global Smart Speakers Sales Market Share by Players; 2021 (Percentage, %)
7. Company Profiles
7.1 Alphabet Inc.
7.1.1 Business Overview
7.1.2 Business Strategy
7.2 ABB Ltd.
7.2.1 Business Overview
7.2.2 Business Strategy
7.3 Assa Abloy AB
7.3.1 Business Overview
7.3.2 Business Strategy
7.4 Amazon.Com, Inc.
7.4.1 Business Overview
7.4.2 Business Strategy

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