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Europe Smart Home Market Forecast 2019-2027

Europe Smart Home Market Forecast 2019-2027


For the forecast period of 2019-2027, the market for smart homes in the European region is expected to have a CAGR of 14.71%. The shift towards sustainable living is a major influencing factor for the growth of the smart homes market.


The constantly improving standard of living and the increasing purchasing power of the people in the region is an important driver of the smart homes market. The rising number of smartphone users of smart appliances for lighting, security, temperature control and entertainment are contributing to the growing demand of smart homes market. The adoption rate of smart home appliances technologies is quite high in this part of the world.


Top market players involved in the European market for smart homes are Honeywell International Inc., Century Technologies Corp, Control4 Corporation,Schneider Electric Se, Siemens Ag.Centrica Connected Home Limited, Crestron Electronics Inc, Emerson Electric Co., Ee Limited,Lg Electronics Inc., Samsung Electronics Co. Ltd.,Abb Ltd., Blue Line Innovations Inc, United Technologies Corporation. Johnson Controls Inc., Vodafone Group Plc. and Solatube International Inc.

1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Energy Management Products Is Estimated To Be The Fastest Growing Segment By Product
3.2.2. Installation & Repair Service To Hold Largest Market Share
3.2.3. Adoption Of Smart Homes Will Rise With Growth Of Cloud Technology
4. Market Dynamics
4.1. Timeline Of Smart Home Technology
4.2. Market Definition & Scope
4.3. Market Drivers
4.3.1. Swelling Ageing Populace
4.3.2. Increased Crime Rates
4.3.3. Initiatives By The Government
4.3.4. Intensifying Adoption Tariffs
4.3.5. Growing Urbanization & Infrastructure Projects
4.4. Market Restraints
4.4.1. Absence Of Awareness
4.4.2. Lack Of Common Standards
4.4.3. High Price Of The Smart Homes Products
4.4.4. Threat Of Cyber Attacks
4.4.5. Privacy Concerns
4.5. Market Opportunity
4.5.1. Smart City Projects In Developing Countries
4.5.2. Increasing Awareness Of Home And Personal Electronic Gadgets
4.5.3. Rising Spending Power
4.5.4. Growing Internet Of Things (Iot) Applications
4.6. Market Challenges
4.6.1. Anxieties About Consumer Data Privacy
4.6.2. Complex Installation Procedure Of Smart Devices
4.6.3. Lack Of Interoperability
4.6.4. Complexities In Data Collection & Management
5. Market By Product
5.1. Security
5.2. Heating, Ventilation, And Air Conditioning (Hvac)
5.3. Lighting Controllers
5.4. Entertainment
5.5. Energy Management
5.6. Home Health
5.7. Others
6. Market By Service
6.1. Installation & Repair
6.2. Customization
7. Key Analytics
7.1. Porter’s Five Force Model
7.1.1. Threat Of New Entrants
7.1.2. Threat Of Substitutes
7.1.3. Bargaining Power Of Suppliers
7.1.4. Bargaining Power Of Buyers
7.1.5. Threat Of Rivalry
7.2. Opportunity Matrix
7.3. Vendor Landscape
7.4. Value Chain Analysis
8. Geographical Analysis
8.1. United Kingdom
8.2. France
8.3. Germany
8.4. Italy
8.5. Spain
8.6. Rest Of Europe
9. Company Profiles
9.1. Abb Ltd.
9.2. Blue Line Innovations Inc
9.3. Centrica Connected Home Limited
9.4. Century Technologies Corp
9.5. Control4 Corporation
9.6. Crestron Electronics Inc
9.7. Ee Limited
9.8. Emerson Electric Co.
9.9. Honeywell International Inc.
9.10. Johnson Controls, Inc.
9.11. Lg Electronics, Inc.
9.12. Samsung Electronics Co., Ltd.
9.13. Schneider Electric Se
9.14. Siemens Ag
9.15. Solatube International Inc
9.16. United Technologies Corporation
9.17. Vodafone Group Plc
List Of Tables
Table 1: Technologies Used In A Home Area Network
Table 2: Europe Smart Home Market, By Country, 2019-2027 (In $ Million)
Table 3: Europe Smart Home Market, By Type, 2019-2027, (In $ Million)
Table 4: Europe Smart Home Market, By Services, 2019-2027, (In $ Million)
Table 5: Opportunity Matrix
Table 6: Vendor Landscape
Table 7: Europe Smart Home Market, By Country, 2019-2027 (In $ Million)
List of Figures
Figure 1: Timeline Of Smart Home Technology
Figure 2: Key Countries By Crime Index
Figure 3: Percentage Of Urban Population Across Major Geographies, 2017
Figure 4: Key Countries Affected By Cybercrime
Figure 5: Europe Smart Home Product Market, By Security, 2019-2027 (In $ Million)
Figure 6: Europe Smart Home Market, By Heating Ventilation And Air Conditioning, 2019-2027 (In $ Million)
Figure 7: Europe Smart Home Market, By Lighting Controllers, 2019-2027 (In $ Million)
Figure 8: Europe Smart Home Market, By Entertainment, 2019-2027 (In $ Million)
Figure 9: Europe Smart Home Market, By Energy Management, 2019-2027 (In $ Million)
Figure 10: Europe Smart Home Market, By Home Health, 2019-2027 (In $ Million)
Figure 11: Europe Other Smart Home Market, 2019-2027 (In $ Million)
Figure 12: Europe Smart Home Market, By Installation & Repair, 2019-2027 (In $ Million)
Figure 13: Europe Smart Home Market, By Customization, 2019-2027 (In $ Million)
Figure 14: Porter’s Five Force Analysis
Figure 15: Value Chain Analysis
Figure 16: Europe Smart Home Market, Regional Outlook, 2018 & 2027 (In %)
Figure 17: United Kingdom Smart Home Market, 2019-2027 (In $ Million)
Figure 18: France Home Market, 2019-2027 (In $ Million)
Figure 19: Germany Home Market, 2019-2027 (In $ Million)
Figure 20: Italy Smart Home Market, 2019-2027 (In $ Million)
Figure 21: Spain Smart Home Market, 2019-2027 (In $ Million)
Figure 22: Rest Of Europe Smart Home Market, 2019-2027 (In $ Million)

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