Global Smart Home Market Report 2022: Rise in Investments in

Dublin, Aug. 09, 2022 (GLOBE NEWSWIRE) — The “Smart Home Market Research Report by Product (Energy Management, Entertainment Control and HVAC&R Control), Technologies, Service, Deployment, Region ( Americas, Asia-Pacific, and Europe, Middle East and Africa) – Global forecast to 2027 – Cumulative impact of COVID-19 report has been added to from ResearchAndMarkets.com offer.

The global smart home market size was estimated to be USD 90.59 billion in 2021, USD 103.30 billion in 2022, and is projected to grow at a CAGR of 14.20% to reach USD 200.99 billion by 2027.

Market segmentation and coverage:
This research report categorizes Smart Home to forecast revenues and analyze trends in each of the following submarkets:

  • Based on product, the market has been studied in energy management, entertainment control, HVAC&R control, lighting systems, and security & surveillance system.
  • On the basis of technologies, the market has been studied through cellular network technologies, protocols and standards, and wireless communication technologies.
  • On the basis of service, the market has been studied through managed service and professional service.
  • Based on deployment, the market has been studied in cloud and on-premises.
  • Based on region, the market has been studied in Americas, Asia-Pacific, Europe, Middle East & Africa. The Americas are studied in more detail through Argentina, Brazil, Canada, Mexico and the United States. The United States is studied in more detail through California, Florida, Illinois, New York, Ohio, Pennsylvania and Texas. Asia-Pacific is studied in more detail through Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. Europe, the Middle East and Africa are studied in more detail in France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, the United Arab Emirates and the United Kingdom.

Competitive Strategy Window:
The strategic competitive window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or match between its capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for vendors to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to execute further business expansion and growth. during a forecast period.

FPNV positioning matrix:
The FPNV Positioning Matrix rates and categorizes vendors in the smart home market based on business strategy (business growth, industry coverage, financial viability, and channel support) and product satisfaction (value for money, ease of use, product features, and customer support) that helps businesses make better decisions and better understand the competitive landscape.

Market share analysis:
The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of ​​its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of suppliers for the reference year. It reveals the characteristics of the market in terms of accumulation, fragmentation, dominance and merger.

Market dynamics
Drivers

  • Increase in the use of connected devices in the home
  • Penetration of IoT, Z-Wave, Wi-Fi, Bluetooth technology
  • Investment in smart home security devices
  • Positive drive towards smart kitchen, bathrooms and gym

Constraints

  • High cost for smart home setups
  • Consumer security and privacy concerns with more connected devices

Opportunities

  • Focus on improving energy efficiency
  • Increase in investment in the construction of residential buildings
  • Growing importance of smart home healthcare

Challenges

  • Smart home device malfunction
  • Possibilities of connectivity issues in Smart Home

Main topics covered:

1. Preface

2. Research methodology

3. Executive Summary

4. Market Overview

5. Market Overview

6. Smart Home Market, By Product

7. Smart home market, by technologies

8. Smart Home Market, By Service

9. Smart Home Market, By Deployment

10. Americas Smart Home Market

11. Asia Pacific Smart Home Market

12. Europe, Middle East and Africa Smart Home Market

13. Competitive landscape

14. Company Usability Profiles

15. Appendix

Companies cited

  • ABB AG
  • ADT
  • Alarm.com, Inc.
  • Amazon Inc.
  • Apple Inc.
  • Armorax
  • Assa Abloy AB
  • Axis Communications AB
  • Flash Home
  • BuildingIQ
  • Cisco Systems Inc.
  • Comcast Company
  • Control4
  • Delta Controls Inc.
  • Emerson Electric Corporation
  • General Electric
  • Google Inc.
  • Honeywell International Inc.
  • Johnson Controls Inc.
  • Legrand S.A.
  • LG Electronics Inc.
  • Lutron Electronics Co. Inc.
  • Robert Bosch GmbH
  • Schneider Electric SE
  • Siemens AG
  • SimpliSafe
  • SONY Company
  • The Samsung Group
  • United Technologies Corporation
  • Vivint Smart Home, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/dob6r7