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Global Smart Home Market Forecast 2019-2027

Global Smart Home Market Forecast 2019-2027

KEY FINDINGS

The CAGR for the global smart homes market is expected to be 14.75% for the forecast period of 2019-2027. A smart home has its devices interconnected through the internet, and the user can control functions such as security access to the home, temperature, lighting and home theatre.

MARKET INSIGHTS

The global smart homes market is segmented on the basis of product and service. The products market is further segmented into Security, Heating, ventilation, and air conditioning (HVAC), Lighting controllers, Entertainment, Energy management, Home health and several others. The market by service is divided into Installation & repair and Customization. The growing trend for a luxurious and comfortable life, coupled with the rising concern for safety and security is driving the smart home products market.

REGIONAL INSIGHTS

The global smart homes market has been geographically segregated into North America, Asia Pacific, Europe and the Rest of the World. Among these, the fastest growing market is the Asia Pacific due to the presence of many emerging economies like China, India, South Korea, etc. Globally, the most developed existing market for smart homes is the North American market. The energy management market is the highest growing segment in this region, which includes the installation of smart grids and smart meters.

COMPETITIVE INSIGHTS

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


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 Are Estimated To Be The Fastest Growing Segment By Product
3.2.2. Installation & Repair Service To Hold Largest Market Share
3.2.3. Asia Pacific To Grow At A Faster Rate
3.2.4. 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. Porters 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. North America
8.1.1. United States
8.1.2. Canada
8.2. Europe
8.2.1. United Kingdom
8.2.2. France
8.2.3. Germany
8.2.4. Spain
8.2.5. Italy
8.2.6. Rest Of Europe
8.3. Asia Pacific
8.3.1. India
8.3.2. China
8.3.3. Japan
8.3.4. South Korea
8.3.5. Australia
8.3.6. Rest Of Asia Pacific
8.4. Rest Of World
8.4.1. Latin America
8.4.2. Middle East & North Africa
8.4.3. Rest Of Africa
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: Global Smart Home Market, By Type, 2019-2027, (In $ Million)
Table 3: Global Security Smart Home Market, By Region, 2019-2027 (In $ Million)
Table 4: Global Heat Ventilation And Air Conditioning, By Region, 2019-2027 (In $ Million)
Table 5: Global Lighting Controllers, By Region, 2019-2027 (In $ Million)
Table 6: Global Entertainment Smart Home Market, By Region, 2019-2027 (In $ Million)
Table 7: Global Energy Management, By Region, 2019-2027 (In $ Million)
Table 8: Global Home Health Market, By Region, 2019-2027 (In $ Million)
Table 9: Global Other Smart Home Market, By Region, 2019-2027 (In $ Million)
Table 10: Global Smart Home Market, By Services, 2019-2027, (In $ Million)
Table 11: Global Installation & Repair Market, By Region, 2019-2027 (In $ Million)
Table 12: Global Customization Market, By Region, 2019-2027 (In $ Million)
Table 13: Opportunity Matrix
Table 14: Vendor Landscape
Table 15: Global Smart Homemarket, By Geography, 2019-2027, (In $ Million)
Table 16: North America Smart Homemarket, By Country, 2019-2027 (In $ Million)
Table 17: Europe Smart Homemarket, By Country, 2019-2027 (In $ Million)
Table 18: Asia Pacific Smart Homemarket, By Country, 2019-2027 (In $ Million
Table 19: Rest Of World Smart Homemarket, By Region, 2019-2027 (In $ Million)
List of Figures
Figure 1: Asia Pacific Smart Homes Market 2019-2027 In Million
Figure 2: Timeline Of Smart Home Technology
Figure 3: Key Countries By Crime Index
Figure 4: Percentage Of Urban Population Across Major Geographies, 2017
Figure 5: Key Countries Affected By Cybercrime
Figure 6: Global Smart Home Product Market, By Security, 2019-2027 (In $ Million)
Figure 7: Global Smart Home Market, By Heating Ventilation And Air Conditioning, 2019-2027 (In $ Million)
Figure 8: Global Smart Home Market, By Lighting Controllers, 2019-2027 (In $ Million)
Figure 9: Global Smart Home Market, By Entertainment, 2019-2027 (In $ Million)
Figure 10: Global Smart Home Market, By Energy Management, 2019-2027 (In $ Million)
Figure 11: Global Smart Home Market, By Home Health, 2019-2027 (In $ Million)
Figure 12: Global Other Smart Home Market, 2019-2027 (In $ Million)
Figure 13: Global Smart Home Market, By Installation & Repair, 2019-2027 (In $ Million)
Figure 14: Global Smart Home Market, By Customization, 2019-2027 (In $ Million)
Figure 15: Porter’s Five Force Analysis
Figure 16: Value Chain Analysis
Figure 17: Global Smart Home Market, Regional Outlook, 2018 & 2027 (In %)
Figure 18: United States Smart Home Market, 2019-2027 (In $ Million)
Figure 19: Canada Smart Home Market, 2019-2027 (In $ Million)
Figure 20: United Kingdom Smart Home Market, 2019-2027 (In $ Million)
Figure 21: France Smart Home Market, 2019-2027 (In $ Million)
Figure 22: Germany Smart Home Market, 2019-2027 (In $ Million)
Figure 23: Spain Smart Home Market, 2019-2027 (In $ Million)
Figure 24: Italy Smart Home Market, 2019-2027 (In $ Million)
Figure 25: Rest Of Europe Smart Home Market, 2019-2027 (In $ Million)
Figure 26: India Smart Home Market, 2019-2027 (In $ Million)
Figure 27: China Smart Home Market, 2019-2027 (In $ Million)
Figure 28: Japan Smart Home Market, 2019-2027 (In $ Million)
Figure 29: South Korea Smart Home Market, 2019-2027 (In $ Million)
Figure 30: Australia Smart Home Market, 2019-2027 (In $ Million)
Figure 31: Rest Of Asia Pacific Smart Home Market, 2019-2027 (In $ Million)
Figure 32: Latin America Smart Home Market, 2019-2027 (In $ Million)
Figure 33: Middle East And North Africa Smart Home Market, 2019-2027 (In $ Million)
Figure 34: Rest Of Africa Smart Home Market, 2019-2027 (In $ Million)

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