Global Smart Homes Technology Market: Insights and Forecast, 2018-2024: Emphasis on Application (Safety and Security, Smart Appliances, Heating Ventilating, Air Conditioning (HVAC), Home Entertainment, Smart Lighting Systems, Smart Energy Management), Technology (Wireless and Wired Smart Home Technology), End-Users (Residential and Commercials End-Users)
Region:Global
Product Code:UMAI18135
December 2018
243
About the Report
The report published" Global Smart Home technology Market Insights to 2024 - provides a comprehensive analysis of smart home technology market at global level. The report focuses on overall market size for smart home technology services by various applications (safety and security, smart appliances, HVAC, home entertainment, lighting systems and energy management, by technology (wireless and wired), by end users (residential and commercial) by different regions such as North America, Europe, Asia Pacific, Middle East and North Africa and Latin America.
The report also provides a holistic view of the overall smart home technology market as well as connected devices, pricing analysis, growth drivers, restraints and factor analysis in terms of top investments undertaken, top product launches, major merger and acquisitions .
For an in-depth market overview, the report also includes a region wise analysis. For all the top industry players, a detailed product description, short and long term strategies, financials, SWOT analysis and recent developments are also included in the global smart home market report. In addition to this, Porter 5s along with market share of leading smart home technology companies by application (Netgear, Hanwha, Kuna, Ring, Verisure, Nest, Innogy, Medion, Amazon, Sonos, Google Home, MI, Bose, Switchmate, Belkin, tp link, hue, LG Electronics, Samsung and Other Players) have also been covered.
Smart Home Technology Market Size
In terms of revenue, the smart home technology in has registered a remarkable growth with positive CAGR during the forecasted period. The smart home technology market has witnessed an overall rise in smart homes penetration as well as smart devices adoption in last few years. Increasing number of smartphones, increasing awareness among consumers, rising demand for smart home energy management system and stringent government regulations undertaken on energy consumption has considerably catalysed the growth potential of the respective market.
Global Smart Home Technology Market Segmentation
Segmentation by Applications
Smart home technology market fetched maximum revenues from smart appliances on account of maturing IoT and increasing use of electric appliances. On the other hand, energy management segment is expected to display overwhelming growth in years to come.
Segmentation by Technology
Wireless smart home technology held dominant share in smart home technology market while the highest contribution in revenues primarily was derived from wifi enabled devices followed by bluetooth technology in smart devices accredited to soaring demand for wireless enabled devices; laptops, smartphones, televisions, tablets to name a few along with reduction in overall network costs.
In respect to wired smart home technology, Ethernet held prominent share in wired smart home technology market followed by power line communication market in smart home technology owing to stimulating demand for cost effective and fast communication paired with surging internet users.
Segmentation by End Users
Residential smart home technology market held the prime share in smart home technology market wherein mid-range homes or apartments occupy the lead share in the respective segment as they found significant value of connected devices that help to automate their homes and facilitate great energy efficiency.
In respect to commercial smart home technology market, smart hospitals generated maximum revenues in smart home technology market attributed to maturing IoT and significant technological innovations.
Segmentation by Region
North America takes the upper hand in the technological market due to first mover advantage and captures more than 50% share in the respective technology. However, Asia-Pacific region is expected to witness the highest growth during the analyzed period.
Scope of the report:
Global Smart Home Market
Market Segmentation
Market Insights, by Application
Safety and Security
Smart Appliances
HVAC
Home Entertainment
Lighting and Controls
Energy Management
Lighting
Market Insights, by Technology
Wired Technologies
Wireless Technologies
Market Insights, by End Users
Residential End Users
Commercial End Users
Market Insights, by Region
North America Smart Home Market
Europe Smart Home Market
Asia-Pacific Smart Home Market
Middle East and Africa Smart Home Market
Latin America Smart Home Market
Company Profiles
Haier Electronics
ABB Limited
Acuity Brands, Inc.
AMX, LLC
ASSA ABLOY
Cisco Systems, Inc.
Control4 Corporation
Crestron Electronics Inc.
Deutsche Telekom AG
General Electric Company
Honeywell International Inc.
IBM Corporation
LG Electronics Inc.
Monitronics International Inc.
Schneider Electric S.E.
Siemens AG
Smarthome, Inc.
United Technologies Corporation
Vivint, Inc.
Reasons to buy:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts
The report presents a quick review of overall industry performance at one glance
The report covers in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
Detailed examination on drivers, restraints, key trends and opportunities prevailing in the industry.
Examination of industry attractiveness with the help of Porter's Five Forces analysis
The study comprehensively covers the market across different segments
Deep dive regional level analysis of the industry
Customization Areas:
The Global Smart Home Market can be customized to regional/country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customised solutions to clients.
Scope of the Report
Products
Companies
ABB Limited, Acuity Brands, Inc., AMX, LLC, ASSA ABLOY, Cisco Systems, Inc., Control4 Corporation, Crestron Electronics Inc., Deutsche Telekom AG, Emerson Electric Co., General Electric Company, Samsung Electronics Ltd, Honeywell International Inc., IBM Corporation, LG Electronics Inc., Monitronics International Inc., Schneider Electric S.E., Siemens AG, United Technologies Corporation, and Vivint Inc.
Table of Contents
1 MARKET INTRODUCTION
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2. RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Secondary Data
2.2 Key Secondary Sources
2.3 Primary Data
2.4 Sampling Techniques & Data Collection Methods
2.5 Primary Participants
3. INDUSTRY PERFORMANCE
4. EXECUTIVE SUMMARY
5. MARKET OVERVIEW
5.1 General Overview of Smart Home Market
5.1.1 Pricing Analysis of Smart Home Appliances, by Type of Cost
5.2 Market Dynamics
5.2.1 Increasing Awareness of Advanced Technology among Consumers
5.2.2 Increasing Penetration of Smartphones and internet, especially in APAC Region
5.2.3 Proliferation of Internet of Things, especially in the Emerging Region's
5.2.4 Surging Disposable Incomes and Urbanization
5.2.5 Growing Demand for Smart Home Energy Management System
5.2.6 Development of Interconnectivity across Platforms and Devices
5.3 Market Restraints
5.3.1 Concerns regarding Privacy and Hacking
5.3.2 Complex Installation and High Price of the Smart Home products 35
5.4 Opportunities in the Market
5.4.1 Scope for Insurance companies
5.4.2 Growth opportunity for Telecom Operators
5.4.3 Emerging Business Opportunities in Asia-Pacific
5.4.4 Restoring Independence for Elders
5.5 Factor Analysis
5.5.1 Demand & Supply Side Analysis
5.5.2 Major Development & Investments in the Smart Home Market
5.5.3 Major development and new Start-ups
5.5.4 Top Investor in the Smart Home Market
6. MARKET INSIGHTS, BY APPLICATIONS
6.1 General Overview
6.1.1 Safety and Security
6.1.2 Smart Appliances
6.1.3 Heating Ventilating, Air Conditioning (HVAC)
6.1.4 Home Entertainment
6.1.5 Smart Lighting Systems
6.1.6 Smart Energy Management
7. SMART HOME MARKET INSIGHTS, BY TECHNOLOGY
7.1 General Introduction
7.2 Wireless Smart Home Technology
7.2.1 Wi-fi Technology
7.2.2 Bluetooth Technology
7.2.3 ZigBee Technology
7.2.4 Z- Wave Technology
7.2.5 Other Wireless Technology
7.3 Wired Smart Technology
7.3.1 Ethernet Technology
7.3.2 Power Line Communication
7.3.3 Fiber to Home Technology
7.3.4 Other Wired Technology
8. SMART HOME MARKET INSIGHTS, BY END-USERS
8.1 General Overview
8.2 Residential End-Users
8.2.1 Luxury Homes
8.2.2 Mid-Range Apartments/Homes
8.2.3 Assisted Homes
8.2.4 Low Energy Homes
8.3 Commercial End Users
8.3.1 Smart Hotels
8.3.2 Smart Hospitals
8.3.3 Other Commercial Buildings
9. SMART HOME MARKET INSIGHTS, BY REGION
9.1 General Introduction
9.2 North America Smart Home Market
9.2.1 North America Smart Home Market, by Application
9.2.2 North America Smart Home Market, by Technology
9.2.2.1 North America Smart Home Market, by Wireless Technology
9.2.2.2 North America Smart Home Market, by Wired Technology
9.2.3 North America Smart Home Market, by End -Users
9.2.3.1 North America Residential Smart Home Market, by Type of Buildings
9.2.3.2 North America Commercial Smart Home Market, by Type of Buildings
9.3 European Smart Home Market Insights
9.3.1 Europe Smart Home Market, by Application
9.3.2 Europe Smart Home Market, by Technology
9.3.2.1 Europe Smart Home Market, by Wireless Technology
9.3.2.2 Europe Smart Home Market, by Wired Technology
9.3.3 Europe Smart Home Market, by End -Users
9.3.3.1 Europe Residential Smart Home Market, by Type of Buildings
9.3.3.2 Europe Commercial Smart Home Market, by Type of Buildings
9.4 Asia-Pacific Smart Home Market Insights
9.4.1 Asia Pacific Smart Home Market, by Application
9.4.2 Asia Pacific Smart Home Market, by Technology
9.4.2.1 Asia Pacific Smart Home Market, by Wireless Technology
9.4.2.2 Asia Pacific Smart Home Market, by Wired Technology
9.4.3 Asia Pacific Smart Home Market, by End -Users
9.4.3.1 Asia Pacific Residential Smart Home Market, by Type of Buildings
9.4.3.2 Asia Pacific Commercial Smart Home Market, by Type of Buildings
9.5 Middle East & North Africa Smart Home Market Insights
9.5.1 MENA Smart Home Market, by Application
9.5.2 MENA Smart Home Market, by Technology
9.5.2.1 MENA Smart Home Market, by Wireless Technology
9.5.2.2 MENA Smart Home Market, by Wired Technology
9.5.3 MENA Smart Home Market, by End -Users
9.5.3.1 MENA Residential Smart Home Market, by Type of Buildings
9.5.3.2 MENA Commercial Smart Home Market, by Type of Buildings
9.6 Latin America Smart Home Market Insights
9.6.1 Latin America Smart Home Market, by Application
9.6.2 Latin America Smart Home Market, by Technology
9.6.2.1 Latin America Smart Home Market, by Wireless Technology
9.6.2.2 Latin America Smart Home Market, by Wired Technology
9.6.3 Latin America Smart Home Market, by End -Users
9.6.3.1 Latin America Residential Smart Home Market, by Type of Buildings
9.6.3.2 Latin America Commercial Smart Home Market, by Type of Buildings
10. COMPETITIVE SCENARIO
10.1 Porter's five forces analysis
10.1.1 Bargaining Power of Suppliers
10.1.2 Bargaining Power of Buyers
10.1.3 Threat of New Entrants
10.1.4 Threat of Substitutes
10.1.5 Intensity of Rivalry
10.2 Global Smart Home Market Share Analysis, 2017
10.2.1 Smart Safety & Security Market Share, by Company 2017
10.2.2 Smart Home Entertainment Appliances Market Share, by Company 2017
10.2.3 Lighting & Control System Market Share, by Company 2017
10.2.4 Smart Thermostats & Home Appliances Market Share, by Company 2017
11. COMPANY PROFILES
11.1 Haier Electronics
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Key Product/Services Offerings
11.1.4 SWOT Analysis
11.1.5 Key Financials
11.1.5.1 Revenue Split
11.1.6 Recent Developments
11.2 ABB Limited
11.3 Acuity Brands, Inc.
11.4 AMX, LLC
11.5 ASSA ABLOY
11.6 Cisco Systems, Inc.
11.7 Control4 Corporation
11.8 Crestron Electronics Inc.
11.9 Deutsche Telekom AG
11.10 Emerson Electric Co.
11.11 General Electric Company
11.12 Honeywell International Inc.
11.13 IBM Corporation
11.14 LG Electronics Inc.
11.15 Monitronics International Inc.
11.16 Schneider Electric S.E.
11.17 Siemens AG
11.18 Samsung Electronics Co., Ltd.
11.19 United Technologies Corporation
11.20 Vivint, Inc.
Research Methodology
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