Global Home Automation Market Report 2018-2025 Contact : sales@valuemarketresearch.com
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Global Home Automation Market According to the global Home Automation Market report published by Value Market Research, the market is expected to touch USD 61.5 BN by 2025, with a CAGR of 24% growing from USD 13.6 BN (by revenue) in 2018. This is a tailored made research report providing informative data and various critical aspects of the market such as market outlook, market share, growth, and trends. Further, the report also offers evidence-based information that helps to transform clients business and achieve their business goals. Moreover, the report also highlights the key strategy of top players. Additionally, this report covers a wide spectrum of services such as the latest technology trend, market opportunity analysis, and competitive landscape.
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Global Home Automation Market Dynamics Rising adoption of IoT and automation is the majorly driving the market growth. Rise in disposable income, busier lifestyle leading to increasing demand for automation is again fueling the market growth. In addition to this, increasing use of smart phone based application, rise in digital savvy consumer and rapid Internet connectivity are some of the factors contributing the market growth. In spite of this, high initial installment cost is likely to hinder the market growth.
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This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of home automation.
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Global Home Automation Market Segmentation By Product
By Application
• Luxury (Custom) Home Automation System
• Lightening
• Mainstream Home Automation System
• HVAC (Heating, Ventilation And Air Conditioning)
• DIY (Do It Yourself) Automation System
• Energy Management
• Managed Home Automation System
• Entertainment
• Safety & Security
• Others By Networking Type • Wired System • Power-Line System • Computing Network System • Wireless System
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Global Home Automation Market Key Players
2GIG Technologies AMX LLC ADT Corporation Control4 Corporation Crestron Electronics, Inc. Honeywell International Inc. iControl Networks Inc. Johnson Controls Schneider Electric SA Siemens AG Vantage Controls.
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Global Home Automation Market Regional Analysis The report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for home automation in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions. METHODOLOGY: A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
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