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Smart Home Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Smart Home Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
The report on global smart home market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global smart home market to grow with a CAGR of 27% over the forecast period of 2018-2024. The study on smart home market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Security, convenience, and energy efficiency drives the growth of the smart home market. In addition, IoT segments are growing, as smart home is becoming a trend in machine-to-machine and IoT technologies Smart homes vertical is witnessing a major action. Variety of sensors can be easily connected to the cloud at affordable prices. Moreover, Smart Gadgets with augmented reality and Virtual reality platforms are now interacting with customers in day-to-day life, which is likely to fuel the growth of the smart home market. As these wearable gadgets are closely associated with the users, the smart home value chain players are targeting these smart gadgets for integrating their smart appliances. However, lack of standards and non-availability of high speed and reliable Internet services are hampering the growth of the smart home market. Furthermore, With the IoT saturation, more and more connected device will appear in the market. The more the number of the device the stronger should be the security aspects to protect from threats. This creates an opportunity for cyber security companies.
Among the geographies, North America dominated the global smart home market and Europe is anticipated to be fastest growing region. The growth in the North American region is due to factors such as increasing demand for reliable home energy management systems and growing popularity of integration of smart devices such as tablets and smartphones in smart home solutions. Moreover, South Korea held the largest position in the Asia Pacific regions. On the other hand, The UK government mandates energy suppliers to install smart meters in 26 million homes with the aim that every household in England, Wales, and Scotland will have a smart meter by 2020.

The report on smart home market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global smart home market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global smart home market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global smart home market is segmented on the basis of product type.

Global Smart Home Market by Product Type
Security & Surveillance System
Lighting Systems
HVAC&R Control
Energy Management
Entertainment Control
Others

Company Profiles
General Electric
United Technologies Corporation
Johnson Controls Inc.
Cisco Systems Inc.
LG Electronics Inc.
Siemens AG
Schneider Electric SE
Honeywell International Inc
Emerson Electric Corporation
ABB Ltd

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of smart home market.
2. Complete coverage of all the segments in smart home market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global smart home market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on smart home market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global smart home market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. Smart Home Market Highlights
2.2. Smart Home Market Projection
2.3. Smart Home Market Regional Highlights
3. Global Smart Home Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Product Type
3.4.2. IGR-Growth Matrix Analysis by Region
3.5. Value chain smart home market
3.6. Import-Export data matrix
4. Smart Home Market Macro Indicator Analysis
5. Global Smart Home Market by Product Type
5.1. Security and Surveillance System
5.2. Lighting Systems
5.3. HVAC and R Control
5.4. Energy Management
5.5. Entertainment Control
5.6. Others
6. Global Smart Home Market by Region 2018-2024
6.1. North America
6.1.1. North America Smart Home Market by Product Type
6.1.2. North America Smart Home Market by Country
6.2. Europe
6.2.1. Europe Smart Home Market by Product Type
6.2.2. Europe Smart Home Market by Country
6.3. Asia-Pacific
6.3.1. Asia-Pacific Smart Home Market by Product Type
6.3.2. Asia-Pacific Smart Home Market by Country
6.4. RoW
6.4.1. RoW Smart Home Market by Product Type
6.4.2. RoW Smart Home Market by Sub-region
7. Company profiles and competitive landscape
7.1. Competitive Landscape in the Global Smart Home Market
7.2. Companies Profiles
7.2.1. General Electric
7.2.1.1.Overview
7.2.1.2.Company Snapshot
7.2.1.3.Financial Snapshot
7.2.1.4.Product portfolio
7.2.1.5.Recent developments
7.2.2. United Technologies Corporation
7.2.2.1.Overview
7.2.2.2.Company Snapshot
7.2.2.3.Financial Snapshot
7.2.2.4.Product portfolio
7.2.2.5.Recent developments
7.2.3. Johnson Controls Inc.
7.2.3.1.Overview
7.2.3.2.Company Snapshot
7.2.3.3.Financial Snapshot
7.2.3.4.Product portfolio
7.2.3.5.Recent developments
7.2.4. Cisco Systems Inc.
7.2.4.1.Overview
7.2.4.2.Company Snapshot
7.2.4.3.Financial Snapshot
7.2.4.4.Product portfolio
7.2.4.5.Recent developments
7.2.5. Lg Electronics Inc.
7.2.5.1.Overview
7.2.5.2.Company Snapshot
7.2.5.3.Financial Snapshot
7.2.5.4.Product portfolio
7.2.5.5.Recent developments
7.2.6. Siemens Ag
7.2.6.1.Overview
7.2.6.2.Company Snapshot
7.2.6.3.Financial Snapshot
7.2.6.4.Product portfolio
7.2.6.5.Recent developments
7.2.7. Schneider Electric Se
7.2.7.1.Overview
7.2.7.2.Company Snapshot
7.2.7.3.Financial Snapshot
7.2.7.4.Product portfolio
7.2.7.5.Recent developments
7.2.8. Honeywell International Inc
7.2.8.1.Overview
7.2.8.2.Company Snapshot
7.2.8.3.Financial Snapshot
7.2.8.4.Product portfolio
7.2.8.5.Recent developments
7.2.9. Emerson Electric Corporation
7.2.9.1.Overview
7.2.9.2.Company Snapshot
7.2.9.3.Financial Snapshot
7.2.9.4.Product portfolio
7.2.9.5.Recent developments
7.2.10.abb Ltd
7.2.10.1. Overview
7.2.10.2. Company Snapshot
7.2.10.3. Financial Snapshot
7.2.10.4. Product portfolio
7.2.10.5. Recent developments
8. Appendix
8.1. Primary research findings and questionnaire

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