European Smart Home Market by Product (Lighting Control, Security & Access Control, HVAC, Entertainment & Other Control, Smart Speaker, Home Healthcare, Smart Kitchen, Home Appliances, and Smart Furniture), Software & Services - Forecast to 2024

European Smart Home Market by Product (Lighting Control, Security & Access Control, HVAC, Entertainment & Other Control, Smart Speaker, Home Healthcare, Smart Kitchen, Home Appliances, and Smart Furniture), Software & Services - Forecast to 2024

“European Smart home market expected to grow at a CAGR of 11.58% between 2018 and 2024”
The European smart home market is expected to grow from USD 22.8 billion in 2018 to USD 44.0 billion by 2024 at a CAGR of 11.58%. The growth of the European smart home market is driven by factors such as the growing number of internet users and increasing adoption of smart devices in Europe; increasing awareness about fitness; increasing importance of home monitoring in remote locations; rising need for energy-saving and low carbon emission-oriented solutions; cost reduction measures enabled by smart homes; rapid proliferation of smartphones and smart gadgets; large number of manufacturers expanding their smart home product portfolios; and growing concern about safety, security, and convenience among people.
“Smart speaker market of European smart home expected to grow at a high rate during 2018-2024”

The growth of smart speaker is primarily driven by the increasing number of smart homes in Europe, rising disposable income, growing trend of personalization, and rapid proliferation of multifunctional devices. The increasing focus of companies on enhancing customer experience and consumer preference for technologically advanced products over traditional products are expected to offer opportunities to players in the smart speaker space. Further, recent developments in artificial intelligence and natural language processing to enhance voice recognition capabilities have increased the overall demand for smart speakers in smart homes in Europe.

“Proactive type software and solutions of smart homes to grow the highest between during the forecast period”
The proactive type software and services facilitate the transmission of energy consumption data to end users along with the best possible solutions for planning actions to be taken after receiving the information. The proactive type enables the transfer of a higher volume of data than the behavioral type as it can provide the inputs to the end users regarding effective energy usage and required actions on the physical parameters to reduce energy consumption. Proactive solutions are more beneficial than the behavioral type as they can also send recommendation signals to end users to take necessary actions to reduce energy consumption; further, based on the users’ actions, the measures to control the electronic devices can be implemented. It is owing to these mentioned advantages the market for proactive type software and services is expected to grow the highest during the forecast period.

“UK and Germany considered as the major markets for European smart home”
The UK held the largest share of the European smart home market in 2018, owing to the factors such as increasing demand for reliable home energy management systems, enhanced home security levels, and growing popularity of integration of smart devices such as tablets and smartphones in smart home solutions. The European smart home market in Germany expected to grow at a considerable rate during the forecast period. Factors such as the strong economic growth, rising demand for smart lighting solution in homes, and rapid urbanization leading to a sophisticated infrastructure are driving the growth of the market in this country.

Breakdown of the profiles of primary participants:
• By Company: Tier 1 - 10 %, Tier 2 - 30%, and Tier 3 - 60%
• By Designation: C-Level Executives - 50%, Directors - 25%, and Others - 25%
• By Country: UK - 40%, Germany - 40%, France - 10%, and RoE- 10%

The major players profiled in this report are as follows:
• Johnson Controls International (Ireland)
• Siemens AG (Germany)
• Schneider Electric (France)
• United Technologies Corporation (US)
• Honeywell International, Inc. (US)
• Amazon, Inc. (US)
• Apple Inc. (US)
• Google (US)
• ADT (US)
• Robert Bosch Gmbh (Germany)
• ASSA ABLOY (Sweden)
• ABB Ltd. (Switzerland)
• Ingersoll-Rand PLC (Ireland)
• Legrand S.A. (France)
• GE (US),
• Comcast Corp. (US)
• Hubbell Inc. (US)
• Samsung Electronics Co., Ltd. (South Korea)

Research Coverage
In this report, the European smart home market has been segmented on the basis of product, software and services, and country. The European smart home market, on the basis of product, has been segmented into lighting control, security and access control, HVAC control, entertainment, and other controls, smart speaker, home healthcare, smart kitchen, home appliances, and smart furniture. In addition, the study segments the market, on the basis of software and services into behavioral and proactive. The study also covers the market in the UK, Germany, France, Italy, and RoE.

Reasons to buy the report
The report would help the key players/new entrants in this market in the following ways.
1. This report segments the European smart home market comprehensively and provides closest approximations of the overall market size and that of the subsegments across different verticals and country.
2. The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the market. The competitive landscape section includes competitor ecosystem, product launches and developments, partnerships, and mergers and acquisitions carried out in the market.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • PRODUCTS COVERED UNDER EACH MAJOR CATEGORY
      • YEARS CONSIDERED
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • FACTOR ANALYSIS
      • DEMAND-SIDE ANALYSIS
      • SUPPLY-SIDE ANALYSIS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • MARKET SHARE ESTIMATION
      • KEY DATA FROM SECONDARY SOURCES
      • KEY DATA FROM PRIMARY SOURCES
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN EUROPEAN SMART HOME MARKET
    • EUROPEAN SMART HOME MARKET, BY PRODUCT
    • EUROPEAN SMART HOME MARKET, BY PRODUCT AND COUNTRY
    • EUROPEAN SMART HOME MARKET, BY COUNTRY
    • EUROPEAN SMART HOME MARKET FOR SOFTWARE AND SERVICES, BY TYPE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table ENERGY-SAVING POTENTIAL OF LIGHTING CONTROLS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • PROTOCOLS AND TECHNOLOGIES USED IN SMART HOMES
    • INTRODUCTION
    • CELLULAR NETWORK TECHNOLOGIES
      • CDMA NETWORKS
      • GSM/HSPA NETWORKS
      • LTE NETWORKS
    • PROTOCOLS AND STANDARDS
      • DALI
      • NEMA
      • KNX
      • DMX
      • LONWORKS
      • ETHERNET
      • MODBUS
      • BACNET
      • BLACK BOX
      • PLC
    • WIRELESS COMMUNICATION TECHNOLOGIES
      • ZIGBEE
      • Z-WAVE
      • WI-FI
      • BLUETOOTH
      • ENOCEAN
      • THREAD
      • INFRARED
  • EUROPEAN SMART HOME MARKET, BY PRODUCT
    • INTRODUCTION
      • Table EUROPEAN SMART HOME MARKET, BY PRODUCT, 2016–2024 (USD MILLION)
    • LIGHTING CONTROL
      • MARKET DYNAMICS
      • PRODUCTS CONSIDERED UNDER LIGHTING CONTROL
        • Table LIGHTING CONTROL MARKET OF EUROPEAN SMART HOME FOR RELAYS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table LIGHTING CONTROL MARKET OF EUROPEAN SMART HOME FOR OCCUPANCY SENSORS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table LIGHTING CONTROL MARKET OF EUROPEAN SMART HOME FOR DAYLIGHT SENSORS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table LIGHTING CONTROL MARKET OF EUROPEAN SMART HOME FOR TIMERS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table LIGHTING CONTROL MARKET OF EUROPEAN SMART HOME FOR DIMMERS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table LIGHTING CONTROL MARKET OF EUROPEAN SMART HOME FOR SWITCHES, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table LIGHTING CONTROL MARKET OF EUROPEAN SMART HOME FOR ACCESSORIES AND OTHER PRODUCTS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR LIGHTING CONTROL, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR LIGHTING CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
    • SECURITY AND ACCESS CONTROL
      • MARKET DYNAMICS
      • PRODUCTS COVERED UNDER SECURITY AND ACCESS CONTROL
        • Table EUROPEAN SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR VIDEO SURVEILLANCE SYSTEMS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR ACCESS CONTROL SYSTEMS, BY TYPE, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR ACCESS CONTROL SYSTEMS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR BIOMETRIC ACCESS CONTROL SYSTEMS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR NON-BIOMETRIC ACCESS CONTROL SYSTEMS, BY COUNTRY, 2016–2024 (USD MILLION)
    • HVAC CONTROL
      • MARKET DYNAMICS
      • PRODUCTS COVERED UNDER HVAC CONTROL
        • Table EUROPEAN SMART HOME MARKET FOR HVAC CONTROL, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR HVAC CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART THERMOSTAT IN HVAC CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SENSORS IN HVAC CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR CONTROL VALVES IN HVAC CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR HEATING AND COOLING COILS IN HVAC CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR DAMPERS IN HVAC CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR ACTUATORS IN HVAC CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR PUMPS AND FANS IN HVAC CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART VENTS IN HVAC CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
    • ENTERTAINMENT CONTROL AND OTHER CONTROLS
      • MARKET DYNAMICS
        • Table EUROPEAN SMART HOME MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY COUNTRY, 2016–2024 (USD MILLION)
      • PRODUCTS COVERED UNDER ENTERTAINMENT CONTROL
        • Table EUROPEAN SMART HOME MARKET FOR ENTERTAINMENT CONTROL, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR ENTERTAINMENT CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
      • PRODUCTS COVERED UNDER OTHER CONTROL
        • Table EUROPEAN SMART HOME MARKET FOR OTHER CONTROL, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR OTHER CONTROL, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART METERS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART PLUGS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART HUBS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART LOCKS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMOKE DETECTORS, BY COUNTRY, 2016–2024 (USD MILLION)
    • SMART SPEAKER
      • MARKET DYNAMICS
        • Table EUROPEAN SMART HOME MARKET FOR SMART SPEAKER, BY COUNTRY, 2016–2024 (USD MILLION)
    • HOME HEALTHCARE
      • MARKET DYNAMICS
        • Table EUROPEAN SMART HOME MARKET FOR HOME HEALTHCARE, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR HOME HEALTHCARE, BY COUNTRY, 2016–2024 (USD MILLION)
      • PRODUCTS COVERED UNDER HOME HEALTHCARE
        • Table EUROPEAN SMART HOME MARKET FOR HEALTH STATUS MONITORS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR PHYSICAL ACTIVITY MONITORS, BY COUNTRY, 2016–2024 (USD MILLION)
    • SMART KITCHEN
      • MARKET DYNAMICS
        • Table EUROPEAN SMART HOME MARKET FOR SMART KITCHEN, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART KITCHEN, BY COUNTRY, 2016–2024 (USD MILLION)
      • PRODUCTS COVERED UNDER SMART KITCHEN
        • Table EUROPEAN SMART HOME MARKET FOR SMART REFRIGERATORS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART COFFEE MAKERS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART KETTLES, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART DISHWASHERS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART OVENS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART COOKTOPS, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART COOKERS, BY COUNTRY, 2016–2024 (USD MILLION)
    • HOME APPLIANCES
      • MARKET DYNAMICS
      • PRODUCTS COVERED UNDER HOME APPLIANCES
        • Table EUROPEAN SMART MARKET FOR HOME APPLIANCES, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR HOME APPLIANCES, BY COUNTRY, 2016–2024 (USD MILLION)
    • SMART FURNITURE
      • MARKET DYNAMICS
      • PRODUCTS COVERED UNDER SMART FURNITURE
        • Table EUROPEAN SMART HOME MARKET FOR SMART FURNITURE, BY PRODUCT, 2016–2024 (USD MILLION)
        • Table EUROPEAN SMART HOME MARKET FOR SMART FURNITURE, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table SMART TABLE MARKET OF SMART FURNITURE IN EUROPEAN SMART HOMES, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table SMART DESKS MARKET OF SMART FURNITURE IN EUROPEAN SMART HOMES, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table SMART STOOLS AND BENCHES MARKET OF SMART FURNITURE IN EUROPEAN SMART HOMES , BY COUNTRY, 2016–2024 (USD MILLION)
        • Table SMART SOFAS MARKET OF SMART FURNITURE IN EUROPEAN SMART HOMES , BY COUNTRY, 2016–2024 (USD MILLION)
        • Table SMART CHAIRS MARKET OF SMART FURNITURE IN EUROPEAN SMART HOMES , BY COUNTRY, 2016–2024 (USD MILLION)
  • COUNTRY ANALYSIS
    • INTRODUCTION
      • Table EUROPEAN SMART HOME MARKET, BY COUNTRY, 2016–2024 (USD MILLION)
    • UK
      • UK TO LEAD THE SMART HOME MARKET IN EUROPE
      • DEMAND FOR ENERGY-SAVING AND LONG-LASTING LIGHTING SYSTEMS
        • Table EUROPEAN SMART HOME MARKET IN UK, BY PRODUCT, 2016–2024 (USD MILLION)
    • GERMANY
      • RISING DEMAND FOR SMART LIGHTING SOLUTION IN HOMES DRIVING THE MARKET
      • INCREASING PENETRATION OF LED LIGHTS AND LUMINAIRES
        • Table EUROPEAN SMART HOME MARKET IN GERMANY, BY PRODUCT, 2016–2024 (USD MILLION)
    • FRANCE
      • SECURITY AND ACCESS CONTROL TO POSE LUCRATIVE MARKET FOR SMART HOME DURING FORECAST PERIOD
      • INCREASING AWARENESS OF ENERGY CONSERVATION
        • Table EUROPEAN SMART HOME MARKET IN FRANCE, BY PRODUCT, 2016–2024 (USD MILLION)
    • ITALY
      • HIGH DEMAND OF SMART LIGHTING IN SMART HOMES
        • Table EUROPEAN SMART HOME MARKET IN ITALY, BY PRODUCT, 2016–2024 (USD MILLION)
    • REST OF EUROPE (ROE)
      • REST OF EUROPE TO POSE HIGHEST GROWTH DURING THE FORECAST PERIOD
        • Table EUROPEAN SMART HOME MARKET IN ROE, BY PRODUCT, 2016–2024 (USD MILLION)
  • EUROPEAN SMART HOME MARKET FOR SOFTWARE & SERVICES
    • INTRODUCTION
      • Table EUROPEAN SMART HOME MARKET FOR SOFTWARE AND SERVICES, BY TYPE, 2016–2024 (USD BILLION)
    • BEHAVIORAL TYPE SOFTWARE AND SERVICES
      • BEHAVIORAL –TYPE SOFTWARE AND SERVICES TO HOLD THE LARGEST MARKET DURING THE FORECAST PERIOD
    • PROACTIVE TYPE SOFTWARE AND SERVICES
      • PROACTIVE–TYPE SOFTWARE AND SERVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • KEY PLAYERS IN EUROPEAN SMART HOME MARKET
      • Table RATING OF TOP 5 PLAYERS IN EUROPEAN SMART HOME MARKET, 2017
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • STRENGTH OF PRODUCT PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
  • COMPANY PROFILES
    • KEY PLAYERS
      • HONEYWELL INTERNATIONAL
      • SIEMENS AG
      • JOHNSON CONTROLS INTERNATIONAL
      • SCHNEIDER ELECTRIC SE
      • UNITED TECHNOLOGIES CORPORATION
      • AMAZON INC.
      • APPLE INC.
      • GOOGLE
      • ADT
      • ROBERT BOSCH GMBH
      • ASSA ABLOY
      • LEGRAND SA
      • ABB LTD.
      • INGERSOLL-RAND PLC
      • COMCAST CORPORATION
      • HUBBELL INC.
    • OTHER KEY COMPANIES
      • GENERAL ELECTRIC
      • LG ELECTRONICS
      • SAMSUNG ELECTRONICS
      • SONY
      • LUTRON ELECTRONICS CO.
      • AXIS COMMUNICATIONS AB
      • CRESTRON ELECTRONICS, INC.
      • HITACHI, LTD.
      • DELTA CONTROLS
      • CONTROL4
      • LENNOX INTERNATIONAL
      • NEST SECURE
      • CANARY
      • CACOON
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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