SMART HOME MARKET GLOBAL MARKET TRENDS, SIZE, SHARE & ANALYSIS 2019-2027
GLOBAL SMART HOME MARKET FORECAST 2019-2027 Global Smart Home Market by Products(Security, HVAC, Lighting Controller, Entertainment, Energy Management, Home Health, Others) by Services (Installation and Repair, Customization) & by Geography
Market Drivers and Impact SWELLING AGEING POPULACE
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INITIATIVES BY THE GOVERNMENT
02
INTENSIFYING ADOPTION TARIFFS
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GROWING URBANIZATION & INFRASTRUCTURE PROJECTS
04
Global Smart Home Market Forecast 2019-2027 SMART HOME MARKET 2019-2027 ($MILLION)
Global Smart Home market is estimated to grow with approx. 14.75% CAGR during the year 2019 – 2027 Download Free Sample North America
Europe
Asia Pacific
Rest Of the world
Total
Key Findings The global smart homes market has been geographically segregated into North America, Asia Pacific, Europe and the Rest of the World. the fastest growing market is the Asia Pacific due to the presence of many emerging economies like China, India, South Korea, etc. most developed existing market for smart homes is the North American market. energy management market is the highest growing segment in this region, which includes the installation of smart grids and smart meters.
NORTH AMERICA SMART HOMES MARKET FORECAST 2019-2027
The CAGR for the North American smart homes market is expected to be 10.51% for the forecast period of 2019-2027.It is the largest market for smart homes in the world. Download Free Sample
ASIA PACIFIC SMART HOMES MARKET FORECAST 2019-2027
The Asia Pacific smart homes market is expected to have a CAGR of 18.52% over the forecast period of 2019-2027. It is estimated that APAC will be the largest regional market for smart homes by 2027 in terms of revenue.
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EUROPE SMART HOMES MARKET FORECAST 2019-2027
For the forecast period of 2019-2027, the market for smart homes in the European region is expected to have a CAGR of 14.71%. The shift towards sustainable living is a major influencing factor for the growth of the smart homes market.
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Top Market Players Leading market players in the global market for smart homes are Abb Ltd., Blue Line Innovations Inc, Centrica Connected Home Limited, Century Technologies Corp, Control4 Corporation, Crestron Electronics Inc, Ee Limited, Emerson Electric Co., Honeywell International Inc., Johnson Controls Inc., Lg Electronics Inc., Samsung Electronics Co. Ltd., Schneider Electric Se, Siemens Ag, Solatube International Inc, United Technologies Corporation and Vodafone Group Plc.
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