Global Smart Home Market Research Report (2021-2026) – by Product, Technologies, Service, Deployment and Region

DUBLIN, December 07, 2021– (COMMERCIAL THREAD)–The “Smart Home Market Research Report by Product, Technologies, Service, Deployment and Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” the report was added to ResearchAndMarkets.com offer.

The global smart home market size was estimated at $ 79.62 billion in 2020, is expected to reach $ 90.59 billion in 2021, and is expected to grow at a CAGR of 14.11% to reach $ 175.83 billion by 2026.

Competitive strategic window

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

FPNV positioning matrix

The FPNV Positioning Matrix assesses and ranks vendors in the smart home market based on business strategy (company 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 suppliers considering their contribution to the overall market. It provides the idea of ​​its revenue generation in the overall market compared to other space providers. It provides insight into 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 the suppliers for the base year. It reveals the characteristics of the market in terms of traits of accumulation, fragmentation, dominance and fusion.

The report provides information on the following pointers:

1. Market penetration: provides comprehensive information on the market offered by major players

2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration into mature market segments.

3. Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments

4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of key players

5. Product Development and Innovation: Provides intelligent information on future technologies, R&D activities and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast for the global smart home market?

2. What are the inhibitory factors and impact of COVID-19 shaping the global smart home market during the forecast period?

3. What are the products / segments / applications / areas to invest in during the forecast period in the global smart home market?

4. What is the competitive strategic window for opportunities in the global smart home market?

5. What are the technological trends and regulatory frameworks in the global smart home market?

6. What is the market share of the major vendors in the global smart home market?

7. What strategic fashions and moves are considered appropriate for entering the global smart home market?

Market dynamics

Conductors

  • Growing use of connected objects at home

  • Penetration of IoT, Z-Wave, Wi-Fi, Bluetooth technologies

  • Investment in smart home security devices

  • Positive drive towards a smart kitchen, bathrooms and gym

Constraints

Opportunities

  • A refocus on improving energy efficiency

  • Increased investment in the construction of residential buildings

  • Growing Importance of Smart Home Health Care

Challenges

Companies mentioned

  • ABB SA

  • ADT

  • Alarm.com, Inc

  • Amazon Inc

  • Apple Inc.

  • Armorax

  • Assa Abloy AB

  • Ax Communications AB

  • Flashing Home

  • BuildingIQ

  • Cisco Systems Inc.

  • Comcast Corporation

  • Control4

  • Delta Controls Inc.

  • Emerson Electric Corporation

  • General Electric

  • Google Inc.

  • Honeywell International Inc

  • Johnson Controls Inc.

  • Legrand SA

  • LG Electronics Inc.

  • Lutron Electronics Co. Inc.

  • Robert Bosch GmbH

  • Schneider Electric SE

  • Siemens AG

  • SimpliSafe

  • SONY Company

  • The Samsung group

  • United Technology Society

  • Vivint Smart Home, Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/d7yzae

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211207005627/en/

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