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Smart Home Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032

Published : Sep 2024

Report ID: ARC1140

Pages : 252

Format : Smart Home Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032

CHAPTER 1. Industry Overview of Smart Home Market

1.1. Definition and Scope

1.1.1. Definition of Smart Home

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Smart Home Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Smart Home Market By Product

1.2.3. Smart Home Market By Protocols

1.2.4. Smart Home Market By Application

1.2.5. Smart Home Market By Region

 

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

 

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.1.3. Driver 3

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.2.3. Restraint 3

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.3.3. Opportunity 3

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Smart Home Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Smart Home Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Cost Structure Analysis

3.8.1. Price Trend of Key Raw Materials

3.8.2. Raw Material Suppliers

3.8.3. Proportion of Manufacturing Cost Structure

3.8.3.1. Raw Material

3.8.3.2. Labor Cost

3.8.3.3. Manufacturing Expense

3.9. Regulatory Compliance

3.10. Competitive Landscape, 2023

3.10.1. Player Positioning Analysis

3.10.2. Key Strategies Adopted By Leading Players

 

CHAPTER 4. Manufacturing Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2023

4.2. R&D Status of Major Manufacturers in 2023

 

CHAPTER 5. Smart Home Market By Product

5.1. Introduction

5.2. Smart Home Revenue By Product

5.2.1. Smart Home Revenue (USD Billion) and Forecast, By Product, 2020-2032

5.2.2. Security & Access Controls

5.2.2.1. Security & Access Controls Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.2. Security Cameras

5.2.2.2.1. Security Cameras Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.3. Video Door Phones

5.2.2.3.1. Video Door Phones Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.4. Smart Locks

5.2.2.4.1. Smart Locks Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.5. Remote Monitoring Software & Services

5.2.2.5.1. Remote Monitoring Software & Services Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.6. Others

5.2.2.6.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Lighting Control

5.2.3.1. Lighting Control Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.2. Smart Lights

5.2.3.2.1. Smart Lights Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.3. Relays & Switches

5.2.3.3.1. Relays & Switches Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.4. Occupancy Sensors

5.2.3.4.1. Occupancy Sensors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.5. Dimmers

5.2.3.5.1. Dimmers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.6. Other Products

5.2.3.6.1. Other Products Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4. Entertainment Devices

5.2.4.1. Entertainment Devices Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4.2. Smart Displays/TV

5.2.4.2.1. Smart Displays/TV Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4.3. Streaming Devices

5.2.4.3.1. Streaming Devices Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4.4. Sound Bars & Speakers

5.2.4.4.1. Sound Bars & Speakers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.5. HVAC

5.2.5.1. HVAC Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.5.2. Smart Thermostats

5.2.5.2.1. Smart Thermostats Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.5.3. Sensors

5.2.5.3.1. Sensors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.5.4. Smart Vents

5.2.5.4.1. Smart Vents Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.5.5. Others

5.2.5.5.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.6. Smart Kitchen Appliances

5.2.6.1. Smart Kitchen Appliances Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.6.2. Refrigerators

5.2.6.2.1. Refrigerators Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.6.3. Dish Washers

5.2.6.3.1. Dish Washers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.6.4. Cooktops

5.2.6.4.1. Cooktops Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.6.5. Microwave/Ovens

5.2.6.5.1. Microwave/Ovens Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.7. Home Appliances

5.2.7.1. Home Appliances Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.7.2. Smart Washing Machines

5.2.7.2.1. Smart Washing Machines Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.7.3. Smart Water Heaters

5.2.7.3.1. Smart Water Heaters Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.7.4. Smart Vacuum Cleaners

5.2.7.4.1. Smart Vacuum Cleaners Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.8. Smart Furniture

5.2.8.1. Smart Furniture Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.9. Home Healthcare

5.2.9.1. Home Healthcare Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.10. Other Devices

5.2.10.1. Other Devices Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

 

CHAPTER 6. Smart Home Market By Protocols

6.1. Introduction

6.2. Smart Home Revenue By Protocols

6.2.1. Smart Home Revenue (USD Billion) and Forecast, By Protocols, 2020-2032

6.2.2. Wireless Protocols

6.2.2.1. Wireless Protocols Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.2.2. ZigBee

6.2.2.2.1. ZigBee Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.2.3. Wi-Fi

6.2.2.3.1. Wi-Fi Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.2.4. Bluetooth

6.2.2.4.1. Bluetooth Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.2.5. Z Wave

6.2.2.5.1. Z Wave Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.2.6. Others

6.2.2.6.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3. Wired Protocols

6.2.3.1. Wired Protocols Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.4. Hybrid

6.2.4.1. Hybrid Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

 

CHAPTER 7. Smart Home Market By Application

7.1. Introduction

7.2. Smart Home Revenue By Application

7.2.1. Smart Home Revenue (USD Billion) and Forecast, By Application, 2020-2032

7.2.2. New Construction

7.2.2.1. New Construction Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.3. Retrofit

7.2.3.1. Retrofit Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

 

CHAPTER 8. North America Smart Home Market By Country 

8.1. North America Smart Home Market Overview

8.2. U.S.

8.2.1. U.S. Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

8.2.2. U.S. Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

8.2.3. U.S. Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

8.3. Canada

8.3.1. Canada Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

8.3.2. Canada Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

8.3.3. Canada Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

8.4. North America PEST Analysis

 

CHAPTER 9. Europe Smart Home Market By Country

9.1. Europe Smart Home Market Overview

9.2. U.K.

9.2.1. U.K. Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

9.2.2. U.K. Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

9.2.3. U.K. Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

9.3. Germany

9.3.1. Germany Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

9.3.2. Germany Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

9.3.3. Germany Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

9.4. France

9.4.1. France Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

9.4.2. France Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

9.4.3. France Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

9.5. Spain

9.5.1. Spain Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

9.5.2. Spain Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

9.5.3. Spain Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

9.6. Rest of Europe

9.6.1. Rest of Europe Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

9.6.2. Rest of Europe Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

9.6.3. Rest of Europe Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

9.7. Europe PEST Analysis

 

CHAPTER 10. Asia Pacific Smart Home Market By Country

10.1. Asia Pacific Smart Home Market Overview

10.2. China

10.2.1. China Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

10.2.2. China Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

10.2.3. China Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

10.3. Japan

10.3.1. Japan Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

10.3.2. Japan Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

10.3.3. Japan Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

10.4. India

10.4.1. India Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

10.4.2. India Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

10.4.3. India Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

10.5. Australia

10.5.1. Australia Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

10.5.2. Australia Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

10.5.3. Australia Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

10.6. South Korea

10.6.1. South Korea Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

10.6.2. South Korea Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

10.6.3. South Korea Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

10.7. Rest of Asia-Pacific

10.7.1. Rest of Asia-Pacific Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

10.7.2. Rest of Asia-Pacific Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

10.7.3. Rest of Asia-Pacific Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

10.8. Asia Pacific PEST Analysis

 

CHAPTER 11. Latin America Smart Home Market By Country

11.1. Latin America Smart Home Market Overview

11.2. Brazil

11.2.1. Brazil Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

11.2.2. Brazil Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

11.2.3. Brazil Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

11.3. Mexico

11.3.1. Mexico Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

11.3.2. Mexico Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

11.3.3. Mexico Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

11.4. Rest of Latin America

11.4.1. Rest of Latin America Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

11.4.2. Rest of Latin America Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

11.4.3. Rest of Latin America Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

11.5. Latin America PEST Analysis

 

CHAPTER 12. Middle East & Africa Smart Home Market By Country 

12.1. Middle East & Africa Smart Home Market Overview

12.2. GCC

12.2.1. GCC Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

12.2.2. GCC Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

12.2.3. GCC Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

12.3. South Africa

12.3.1. South Africa Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

12.3.2. South Africa Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

12.3.3. South Africa Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

12.4. Rest of Middle East & Africa

12.4.1. Rest of Middle East & Africa Smart Home Revenue (USD Billion) and Forecast By Product, 2020-2032

12.4.2. Rest of Middle East & Africa Smart Home Revenue (USD Billion) and Forecast By Protocols, 2020-2032

12.4.3. Rest of Middle East & Africa Smart Home Revenue (USD Billion) and Forecast By Application, 2020-2032

12.5. Middle East & Africa PEST Analysis

 

CHAPTER 13. Player Analysis Of Smart Home Market

13.1. Smart Home Market Company Share Analysis

13.2. Competition Matrix

13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

13.2.2. New Product Launches and Product Enhancements

13.2.3. Mergers And Acquisition In Global Smart Home Market

13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

 

CHAPTER 14. Company Profile

14.1. Johnson Controls Inc.

14.1.1. Company Snapshot

14.1.2. Business Overview

14.1.3. Financial Overview

14.1.3.1. Revenue (USD Billion), 2023

14.1.3.2. Johnson Controls Inc., 2023 Smart Home Business Regional Distribution

14.1.4. Product /Service and Specification

14.1.5. Recent Developments & Business Strategy

14.2. LG Electronics Inc

14.3. Emerson Electric Company

14.4. Samsung Electronics Co.

14.5. Schneider Electric SE

14.6. Siemens AG

14.7. ABB Ltd.

14.8. United Technologies Corporation

14.9. Honeywell International Inc.

14.10. Crestron Electronics, Inc.

Frequently Asked Questions

How big is the smart home market?

The smart home market size was valued at USD 102.5 billion in 2023.

What is the CAGR of the global smart home market from 2024 to 2032?

The CAGR of smart home is 24.7% during the analysis period of 2024 to 2032.

Which are the key players in the smart home market?

The key players operating in the global market are including Johnson Controls Inc., LG Electronics Inc, Emerson Electric Company, Samsung Electronics Co., Schneider Electric SE, Siemens AG, ABB Ltd., United Technologies Corporation, Honeywell International Inc., and Crestron Electronics, Inc.

Which region dominated the global smart home market share?

North America held the dominating position in smart home industry during the analysis period of 2024 to 2032.

Which region registered fastest CAGR from 2024 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of smart home during the analysis period of 2024 to 2032.

What are the current trends and dynamics in the global smart home industry?

The current trends and dynamics in the smart home industry include increasing consumer demand for convenience and energy efficiency, growing adoption of Iot and smart devices, and rising awareness of home security and safety solutions.

Which products held the maximum share in 2023?

The security & access controls product held the maximum share of the smart home industry.

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