Product Code: SE 3172
The global smart home market was valued at USD 84.5 billion in 2024 and is projected to reach USD 116.4 billion by 2029; it is expected to register a CAGR of 6.6% during the forecast period. Concerns about safety, security, and convenience among general population are driving the growth of the smart home market. The high cost of switching for existing smart device consumers is restraining the growth of the smart home market. Growing use of smart gadgets and an increase in internet users raising the average person's discretionary income in emerging nations. The significance of home surveillance is growing in isolated areas, increasing demand for solutions focused on reducing carbon emissions and using less energy; the general public's growing worries about convenience, security, and safety are driving the growth of smart home market. Whereas a more convenience-driven rather than necessity-driven market, high cost of switching for existing smart device consumers, and issues related to security and privacy breaches are restraining the growth of the market.
Scope of the Report |
Years Considered for the Study | 2020-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Value (USD Billion) |
Segments | By Product, Offering, Installation Type and Region |
Regions covered | North America, Asia Pacific, Europe, and Rest of World |
"The lighting control segment is expected to grow at the second highest CAGR during the forecast period."
The lighting control segment is projected to grow at the second highest rate while attaining a CAGR of 9.5% during the forecast. A lighting control system is based on an intelligent network for the control of lighting in a building by sensing information from the input devices and sending the same through one or more central computing devices which in turn sends signals to the output devices. Smart home lighting controls are able to make a lighting system check occupancy as well as natural light in an area. It can sense these factors and, accordingly, reduce its brightness with respect to the natural light available or switch off automatically in case the room is empty. Lighting control forms a basic part of lighting for energy efficiency.
The behavioral offering segment is likely to grow at the second higher CAGR during the forecast period."
The behavioral offering segment is expected to grow at a second higher CAGR of 6.5% during the forecast period. The behavioral offering uses AI and machine learning algorithms to learn from the actions of individuals in a smart home. It automates many aspects of the home using routines and preferences discovered through data analysis from sensors, cameras, and other connected devices. The behavioral offering seeks to provide consumers with a personalized and convenient experience by automating processes based on occupant behavior.
"The North America segment is likely to grow at the second highest CAGR during the forecast period."
The market in North America is expected to witness the second highest CAGR of 6.2% during the forecast period. Factors such as the increasing demand for reliable home energy management systems and enhanced home security levels and the growing popularity of the integration of smart devices such as tablets and smartphones in smart homes are driving the growth of the smart home market in this region.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type - Tier 1 - 35%, Tier 2 - 45%, Tier 3 - 20%
- By Designation- C-level Executives - 40%, Directors - 30%, Others - 30%
- By Region-North America - 40%, Europe - 20%, Asia Pacific - 30%, RoW - 10%
The smart home market is dominated by a few globally established players such as Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden), Amazon.com, Inc. (US), Apple Inc. (US), ADT (US), Robert Bosch (Germany), ABB (Switzerland). The study includes an in-depth competitive analysis of these key players in the smart home market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report segments the smart home market and forecasts its size by product, offering, sales channel, and installation type, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions-North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the smart home ecosystem.
Key Benefits to Buy the Report:
- Analysis of key drivers (Increasing number of internet users and growing adoption of smart devices, Increasing disposable income emerging economies, Increasing importance of home monitoring in remote locations, Growing need for energy-saving and low carbon emission-oriented solutions, Concerns about safety, security, and convenience among general population). Restraint (Convenience-driven rather than necessity-driven market, High cost of switching for existing smart device consumers, Issues related to security and privacy breaches), Opportunity (Favorable government regulations to promote green buildings, Incorporation of lighting controllers with in-built data-connectivity technology, Integration of power line communication technology in smart homes), Challenges (Difficulties linking disparate systems, limited functionality, and lack of open standards, Risk of device malfunction)
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the smart home market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the smart home market across varied regions.
- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the smart home market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden), Amazon.com, Inc. (US), Apple Inc. (US), ADT (US), Robert Bosch (Germany), ABB (Switzerland) among others in the smart home market.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED
- 1.3.2 YEARS CONSIDERED
- 1.3.3 INCLUSIONS AND EXCLUSIONS OF STUDY
- 1.4 CURRENCY CONSIDERED
- 1.5 UNITS CONSIDERED
- 1.6 LIMITATIONS
- 1.7 STAKEHOLDERS
- 1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY AND PRIMARY RESEARCH
- 2.1.2 SECONDARY DATA
- 2.1.2.1 List of key secondary sources
- 2.1.2.2 Key data from secondary sources
- 2.1.3 PRIMARY DATA
- 2.1.3.1 Breakdown of primaries
- 2.1.3.2 Key data from primary sources
- 2.1.3.3 Key industry insights
- 2.2 FACTOR ANALYSIS
- 2.2.1 SUPPLY-SIDE ANALYSIS
- 2.2.2 GROWTH FORECAST ASSUMPTIONS
- 2.3 MARKET SIZE ESTIMATION METHODOLOGY
- 2.3.1 BOTTOM-UP APPROACH
- 2.3.1.1 Approach to arrive at market size using bottom-up analysis (demand side)
- 2.3.2 TOP-DOWN APPROACH
- 2.3.2.1 Approach to arrive at market size using top-down approach (supply side)
- 2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
- 2.5 RESEARCH ASSUMPTIONS
- 2.6 RESEARCH LIMITATIONS
- 2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR KEY PLAYERS IN SMART HOME MARKET
- 4.2 HVAC CONTROLS: SMART HOME MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION)
- 4.3 SMART HOME MARKET, BY SALES CHANNEL, 2024 VS. 2029 (USD MILLION)
- 4.4 SMART KITCHEN: SMART HOME MARKET, BY PRODUCT, 2024 VS. 2029 (USD MILLION)
- 4.5 SMART HOME MARKET, BY INSTALLATION TYPE, 2024 VS. 2029 (USD MILLION)
- 4.6 SMART HOME MARKET SHARE, BY REGION, 2024 VS. 2029
- 4.7 SMART HOME MARKET, BY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Increasing number of internet users and growing adoption of smart devices
- 5.2.1.2 Increasing disposable income in emerging economies
- 5.2.1.3 Increasing importance of home monitoring in remote locations
- 5.2.1.4 Growing need for energy-saving and low carbon emission-oriented solutions
- 5.2.1.5 Concerns about safety, security, and convenience among general population
- 5.2.2 RESTRAINTS
- 5.2.2.1 Convenience-driven rather than necessity-driven market
- 5.2.2.2 High cost of switching for existing smart device consumers
- 5.2.2.3 Issues related to security and privacy breaches
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Favorable government regulations to promote green buildings
- 5.2.3.2 Incorporation of lighting controllers with in-built data connectivity technology
- 5.2.3.3 Integration of power line communication technology in smart homes
- 5.2.4 CHALLENGES
- 5.2.4.1 Difficulties in linking disparate systems, limited functionalities, and lack of open standards
- 5.2.4.2 Risk of device malfunction
- 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.4 PRICING ANALYSIS
- 5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SMART LOCK
- 5.4.2 AVERAGE SELLING PRICE TREND, BY REGION
- 5.5 SUPPLY CHAIN ANALYSIS
- 5.6 ECOSYSTEM ANALYSIS
- 5.7 INVESTMENT AND FUNDING SCENARIO
- 5.8 TECHNOLOGY ANALYSIS
- 5.8.1 KEY TECHNOLOGIES
- 5.8.2 COMPLEMENTARY TECHNOLOGIES
- 5.8.2.1 Big data analytics
- 5.8.3 ADJACENT TECHNOLOGIES
- 5.8.3.1 Biometric authentication
- 5.8.3.2 Virtual reality (VR) and augmented reality (AR)
- 5.9 PATENT ANALYSIS
- 5.10 TRADE ANALYSIS
- 5.10.1 IMPORT DATA (HS CODE 8517)
- 5.10.2 EXPORT DATA (HS CODE 8517)
- 5.11 KEY CONFERENCES AND EVENTS
- 5.12 CASE STUDY ANALYSIS
- 5.12.1 ASSA ABLOY'S REMOTE ACCESS DELEGATION TO BUILDINGS TRANSFORMS OPERATION OF EMERGENCY SERVICES WORLDWIDE
- 5.12.2 JOHNSON CONTROLS' COOLING SOLUTION HELPS FISERV TACKLE MAINTENANCE CONSTRAINTS AND ACHIEVE ENERGY SAVINGS
- 5.12.3 HONEYWELL'S SECURITY SOLUTION HELPS GATEWAY BUILDING IMPROVE SECURITY AND VISITOR ACCESS SYSTEM
- 5.13 TARIFF AND REGULATORY LANDSCAPE
- 5.13.1 TARIFF ANALYSIS
- 5.13.1.1 Tariffs levied on HS code 8517-compliant products exported by US to other countries
- 5.13.2 REGULATIONS
- 5.13.2.1 Regulatory bodies, government agencies, and other organizations
- 5.13.3 REGULATORY STANDARDS
- 5.14 PORTER'S FIVE FORCES ANALYSIS
- 5.14.1 INTENSITY OF COMPETITIVE RIVALRY
- 5.14.2 BARGAINING POWER OF SUPPLIERS
- 5.14.3 BARGAINING POWER OF BUYERS
- 5.14.4 THREAT OF SUBSTITUTES
- 5.14.5 THREAT OF NEW ENTRANTS
- 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.15.2 BUYING CRITERIA
- 5.16 IMPACT OF AI/GEN AI ON SMART HOME MARKET
- 5.17 RELEVANT CASE STUDY AND DEVELOPMENTS
- 5.17.1 SIEMENS: ENHANCING MUSEUM'S TECHNICAL INFRASTRUCTURE
- 5.17.2 LG ELECTRONICS: ALL-ROUND HOME MANAGER AND COMPANION
- 5.17.3 SAMSUNG: CREATE A MORE SEAMLESS AND INTELLIGENT HOME EXPERIENCE
- 5.17.4 SAMSUNG: IMPROVING COMPUTATIONAL CAPABILITY OF RUGGED PCS
6 PROTOCOLS AND TECHNOLOGIES USED IN SMART HOMES
- 6.1 INTRODUCTION
- 6.2 WIRED COMMUNICATION TECHNOLOGIES
- 6.2.1 CDMA NETWORK
- 6.2.1.1 Helps control smart home appliances and systems using channel access method
- 6.2.2 GSM/HSPA NETWORK
- 6.2.2.1 GSM modems control home appliances via short message services
- 6.2.3 LTE NETWORK
- 6.2.3.1 Enables real-time transfer of data across network to remotely control smart home applications
- 6.2.4 DALI
- 6.2.4.1 Full-duplex system that brings digital technology into lighting sector
- 6.2.5 NEMA
- 6.2.5.1 Standardizes necessary control devices needed to build complete lighting systems
- 6.2.6 KNX
- 6.2.6.1 Open standard supporting five communication media
- 6.2.7 DMX
- 6.2.7.1 Used in communication networks that control lights and effects
- 6.2.8 LONWORKS
- 6.2.8.1 Helps in building automation applications designed on low bandwidth for networking devices
- 6.2.9 ETHERNET
- 6.2.9.1 Used in home entertainment systems and whole-house automation solutions
- 6.2.10 MODBUS
- 6.2.10.1 Transmits information between electronic devices over serial lines or via Ethernet
- 6.2.11 BACNET
- 6.2.11.1 Commonly used in building automation applications such as HVAC controls, fire detection, lighting controls, and smart elevators
- 6.2.12 BLACK BOX
- 6.2.12.1 Helps in home automation and integration of home devices into a single console
- 6.2.13 PLC
- 6.2.13.1 Uses electric power for data transmission
- 6.3 WIRELESS COMMUNICATION TECHNOLOGIES
- 6.3.1 ZIGBEE
- 6.3.1.1 Used in smart homes to carry small amounts of data over mid-range
- 6.3.2 Z-WAVE
- 6.3.2.1 Used in wireless residential control products and services
- 6.3.3 WI-FI
- 6.3.3.1 Ideal for medium and small home automation systems for data transmission across short distances
- 6.3.4 BLUETOOTH
- 6.3.4.1 Ensures interoperability, minimal interference, and energy efficiency in areas like automation, control, security, and energy management
- 6.3.5 ENOCEAN
- 6.3.5.1 Designed for smart home solutions dependent on energy-producing technologies
- 6.3.6 THREAD
- 6.3.6.1 Common standard used in smart home applications to connect them over internet and with Cloud
- 6.3.7 INFRARED
- 6.3.7.1 Used for short and medium-range communications and control in smart home applications
- 6.3.8 MESSAGE QUEUING TELEMETRY TRANSPORT (MQTT)
- 6.3.8.1 Used to send messages between devices in distributed network
7 SMART HOME MARKET, BY SALES CHANNEL
- 7.1 INTRODUCTION
- 7.2 DIRECT SALES CHANNEL
- 7.2.1 PLAYERS WITH LIMITED SALES CHANNELS AND DISTRIBUTION NETWORKS OPT FOR DIRECT SALES
- 7.3 INDIRECT SALES CHANNEL
- 7.3.1 INCREASED CONVENIENCE ENHANCES CUSTOMER EXPERIENCE
8 SMART HOME MARKET, BY PRODUCT
- 8.1 INTRODUCTION
- 8.2 LIGHTING CONTROLS
- 8.2.1 RELAYS
- 8.2.1.1 Work as on/off switches in lighting control systems
- 8.2.2 OCCUPANCY SENSORS
- 8.2.2.1 Detect presence of individuals to switch lights on/off
- 8.2.3 DAYLIGHT SENSORS
- 8.2.3.1 Function as photosensors to measure intensity of natural light and accordingly adjust amount of artificial light
- 8.2.4 TIMERS
- 8.2.4.1 Used to turn lights on/off automatically after pre-specified time
- 8.2.5 DIMMERS
- 8.2.5.1 Used to adjust brightness in lighting control systems by means of voltage variation
- 8.2.6 SWITCHES
- 8.2.6.1 Switches can be categorized as manual and remote-controlled
- 8.2.7 ACCESSORIES & OTHER PRODUCTS
- 8.3 SECURITY & ACCESS CONTROLS
8.3.1.1.1.1.1 Can be accessed and controlled over IP networks
- 8.3.1.1.1.2 Analog cameras
8.3.1.1.1.2.1 Require lesser technical maintenance compared to IP cameras
- 8.3.1.1.2 Storage devices
- 8.3.1.1.2.1 Introduction of IP cameras boosted demand for IP-based surveillance storage systems and technologies
- 8.3.1.1.3 Monitors
- 8.3.1.1.3.1 Project data obtained by cameras as output of video surveillance systems
- 8.3.1.1.4 Other hardware accessories
- 8.3.1.2 Software
- 8.3.1.2.1 Video analytics software
- 8.3.1.2.1.1 Automatically monitors cameras and alerts users about unusual or suspicious events
- 8.3.1.2.2 Video management software
- 8.3.1.2.2.1 Platform for video monitoring, recording, and analysis
- 8.3.1.2.3 Neural networks and algorithms
- 8.3.1.2.3.1 Used to extract patterns or coded data to identify behavioral trends
- 8.3.1.3 Services
- 8.3.1.3.1 Ensures effective working of video surveillance systems
- 8.3.2 ACCESS CONTROL
- 8.3.2.1 Hardware
- 8.3.2.1.1 Card-based readers
- 8.3.2.1.1.1 Used to authenticate user identity
- 8.3.2.1.2 Multi-technology readers
- 8.3.2.1.2.1 Employ combination of card and biometrics
- 8.3.2.1.3 Electronic locks
- 8.3.2.1.3.1 Cannot be tampered with and provide better security than mechanical locks
- 8.3.2.1.4 Controllers
- 8.3.2.1.4.1 Control panels transmit data between readers and software through various types of communication interfaces
- 8.3.2.1.5 Biometric readers
- 8.3.2.2 Software
- 8.3.2.2.1 Often integrated with other security management platforms, such as video surveillance, intrusion, and visitor management systems
- 8.3.2.3 Services
- 8.3.2.3.1 Majorly include installation, support, and maintenance services
- 8.4 HVAC CONTROLS
- 8.4.1 SMART THERMOSTATS
- 8.4.1.1 Maintain temperature at required levels
- 8.4.2 SENSORS
- 8.4.2.1 Perform logical functions such as making decisions and communicating with other systems
- 8.4.3 CONTROL VALVES
- 8.4.3.1 Regulate flow of fluids in various processes
- 8.4.4 HEATING & COOLING COILS
- 8.4.4.1 HVAC systems use coils to maintain temperature
- 8.4.5 DAMPERS
- 8.4.5.1 Regulate flow of hot/cold air in rooms
- 8.4.6 ACTUATORS
- 8.4.6.1 Control dampers and valves in HVAC systems
- 8.4.7 PUMPS & FANS
- 8.4.7.1 Essential components of HVAC control systems
- 8.4.8 SMART VENTS
- 8.4.8.1 Can be programmed to open and close according to temperature conditions of rooms
- 8.5 ENTERTAINMENT & OTHER CONTROLS
- 8.5.1 ENTERTAINMENT CONTROLS
- 8.5.1.1 Audio & volume controls
- 8.5.1.1.1 Enable playback and music control in homes
- 8.5.1.2 Home theater system controls
- 8.5.1.2.1 Designed to provide ultimate movie-viewing experience
- 8.5.1.3 Touchscreens & keypads
- 8.5.1.3.1 Control audio-video distribution at homes
- 8.5.2 OTHER CONTROLS
- 8.5.2.1 Smart meters
- 8.5.2.1.1 Measure energy consumption and enable communication between users and utilities
- 8.5.2.2 Smart plugs
- 8.5.2.2.1 Help in saving and managing energy usage
- 8.5.2.3 Smart hubs
- 8.5.2.3.1 Control connected gadgets in smart homes
- 8.5.2.4 Smart locks
- 8.5.2.4.1 Enabled with wireless technologies such as Z-Wave, Zigbee, and NFC
- 8.5.2.5 Smoke detectors
- 8.5.2.5.1 Detect smoke faster than flame and heat detectors
- 8.6 SMART SPEAKERS
- 8.6.1 ENABLE CONTROL OF SMART DEVICES THROUGH USER VOICE CONTROL
- 8.7 HOME HEALTHCARE
- 8.7.1 HEALTH STATUS MONITORS
- 8.7.1.1 Fitness and heart rate monitors
- 8.7.1.1.1 Growing health consciousness to drive adoption
- 8.7.1.2 Blood pressure monitors
- 8.7.1.2.1 Growth emphasis on treatment and control of diseases to drive demand
- 8.7.1.3 Blood glucose meters
- 8.7.1.3.1 Increasing diabetic population to boost adoption
- 8.7.1.4 Continuous glucose monitors
- 8.7.1.4.1 Offer better results than conventional glucose monitoring systems
- 8.7.1.5 Pulse oximeters
- 8.7.1.5.1 Used to monitor oxygen level present in user's blood
- 8.7.1.6 Fall detectors
- 8.7.1.6.1 Detect and notify monitoring personnel if users collapse
- 8.7.2 PHYSICAL ACTIVITY MONITORS
- 8.7.2.1 Rising adoption of smart wearable devices to track physical activity levels of users
- 8.8 SMART KITCHEN
- 8.8.1 SMART REFRIGERATORS
- 8.8.1.1 Keep track of how often doors have been opened
- 8.8.2 SMART COFFEE MAKERS
- 8.8.2.1 Allows users to make coffee through app on tablets or smartphones
- 8.8.3 SMART KETTLES
- 8.8.3.1 Maintain temperature of water depending on user's choice
- 8.8.4 SMART DISHWASHERS
- 8.8.4.1 Innovative features reduce human intervention
- 8.8.5 SMART OVENS
- 8.8.5.1 Help users reduce time required for cooking
- 8.8.6 SMART COOKTOPS
- 8.8.6.1 Ensure accurate heat circulation
- 8.8.7 SMART COOKERS
- 8.8.7.1 Can be accessed and controlled through apps on smartphones or tablets
- 8.9 HOME APPLIANCES
- 8.9.1 SMART WASHERS
- 8.9.1.1 Innovative features reduce human intervention
- 8.9.2 SMART DRYERS
- 8.9.2.1 Help increase energy efficiency and reduce human intervention
- 8.9.3 SMART WATER HEATERS
- 8.9.3.1 Turn off automatically when hot water demands are low
- 8.9.4 SMART VACUUM CLEANERS
- 8.9.4.1 Rising awareness around cleanliness and hygiene to fuel demand
- 8.10 SMART FURNITURE
- 8.10.1 SMART TABLES
- 8.10.1.1 Feature integrated induction-based drink warmer to maintain temperature of beverage
- 8.10.2 SMART DESKS
- 8.10.2.1 Provides multiple health benefits to users
- 8.10.3 SMART STOOLS & BENCHES
- 8.10.3.1 Smart benches help in reducing energy costs
- 8.10.4 SMART SOFAS
- 8.10.4.1 Equipped with sensors to help adjust shape and size as per user's requirement
- 8.10.5 SMART CHAIRS
- 8.10.5.1 Help in promoting healthy sitting posture
9 SMART HOME MARKET, BY OFFERING
- 9.1 INTRODUCTION
- 9.2 BEHAVIORAL
- 9.2.1 LEARNS FROM USER BEHAVIOR AND RECOMMENDS NECESSARY ACTIONS
- 9.3 PROACTIVE
- 9.3.1 AUTOMATICALLY IMPLEMENTS NECESSARY ACTIONS BASED ON USER BEHAVIOR
10 SMART HOME MARKET, BY INSTALLATION TYPE
- 10.1 INTRODUCTION
- 10.2 NEW INSTALLATIONS
- 10.2.1 NEED FOR MODERN LIGHTING SYSTEMS WITH STATE-OF-THE-ART COMPONENTS TO DRIVE MARKET
- 10.3 RETROFIT INSTALLATIONS
- 10.3.1 RISING DEMAND FOR SYSTEM UPGRADES TO BOOST MARKET GROWTH
11 SMART HOME MARKET, BY REGION
- 11.1 INTRODUCTION
- 11.2 NORTH AMERICA
- 11.2.1 US
- 11.2.1.1 Presence of various key players to support market growth
- 11.2.2 CANADA
- 11.2.2.1 Growing economy to result in increased focus on transitioning toward smart homes
- 11.2.3 MEXICO
- 11.2.3.1 Growing economy and increasing use of consumer electronics to favor market growth
- 11.2.4 RANKING OF SMART CONTROL ECOSYSTEMS IN NORTH AMERICA
- 11.2.5 MACROECONOMIC OUTLOOK IN NORTH AMERICA
- 11.3 EUROPE
- 11.3.1 GERMANY
- 11.3.1.1 Adoption of zero-energy systems and development of smart cities to drive market
- 11.3.2 UK
- 11.3.2.1 Initiatives to prevent fire accidents to support market growth
- 11.3.3 FRANCE
- 11.3.3.1 Initiatives for promoting adoption of energy-saving products to propel market growth
- 11.3.4 ITALY
- 11.3.4.1 Government activities to promote minimum energy consumption products to boost market growth
- 11.3.5 REST OF EUROPE
- 11.3.6 RANKING OF SMART CONTROL ECOSYSTEMS FOR EUROPE
- 11.3.7 MACROECONOMIC OUTLOOK IN EUROPE
- 11.4 ASIA PACIFIC
- 11.4.1 CHINA
- 11.4.1.1 Government initiatives for development of smart homes to drive market
- 11.4.2 JAPAN
- 11.4.2.1 High penetration rate of internet in households to favor market growth
- 11.4.3 SOUTH KOREA
- 11.4.3.1 High demand for advanced security due to growing security concerns to propel market
- 11.4.4 AUSTRALIA
- 11.4.4.1 High demand for entertainment controls and security & access controls to boost market growth
- 11.4.5 REST OF ASIA PACIFIC
- 11.4.6 MACROECONOMIC OUTLOOK IN ASIA PACIFIC
- 11.5 ROW
- 11.5.1 SOUTH AMERICA
- 11.5.1.1 Government initiatives to support infrastructural development to boost market growth
- 11.5.2 MIDDLE EAST & AFRICA
- 11.5.2.1 Growing consumer awareness regarding benefits of smart appliances to fuel market growth
- 11.5.2.2 GCC countries
- 11.5.2.3 Rest of Middle East & Africa
- 11.5.3 MACROECONOMIC OUTLOOK IN ROW
12 COMPETITIVE LANDSCAPE
- 12.1 OVERVIEW
- 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 12.3 MARKET SHARE ANALYSIS
- 12.4 REVENUE ANALYSIS
- 12.5 COMPANY VALUATION AND FINANCIAL METRICS
- 12.6 BRAND/PRODUCT COMPARISON
- 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
- 12.7.1 STARS
- 12.7.2 EMERGING LEADERS
- 12.7.3 PERVASIVE PLAYERS
- 12.7.4 PARTICIPANTS
- 12.7.5 COMPANY FOOTPRINT
- 12.7.5.1 Company footprint
- 12.7.5.2 Product footprint
- 12.7.5.3 Offering footprint
- 12.7.5.4 Sales channel footprint
- 12.7.5.5 Installation type footprint
- 12.7.5.6 Region footprint
- 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
- 12.8.1 PROGRESSIVE COMPANIES
- 12.8.2 RESPONSIVE COMPANIES
- 12.8.3 DYNAMIC COMPANIES
- 12.8.4 STARTING BLOCKS
- 12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
- 12.9 COMPETITIVE SCENARIOS
- 12.9.1 PRODUCT LAUNCHES
- 12.9.2 DEALS
13 COMPANY PROFILES
- 13.1 KEY PLAYERS
- 13.1.1 JOHNSON CONTROLS INC.
- 13.1.1.1 Business overview
- 13.1.1.2 Products/Solutions/Services offered
- 13.1.1.3 Recent developments
- 13.1.1.3.1 Product launches
- 13.1.1.3.2 Deals
- 13.1.1.4 MnM view
- 13.1.1.4.1 Key strengths
- 13.1.1.4.2 Strategic choices
- 13.1.1.4.3 Weaknesses & competitive threats
- 13.1.2 SCHNEIDER ELECTRIC
- 13.1.2.1 Business overview
- 13.1.2.2 Products/Solutions/Services offered
- 13.1.2.3 Recent developments
- 13.1.2.3.1 Product launches
- 13.1.2.3.2 Deals
- 13.1.2.4 MnM view
- 13.1.2.4.1 Key strengths
- 13.1.2.4.2 Strategic choices
- 13.1.2.4.3 Weaknesses & competitive threats
- 13.1.3 HONEYWELL INTERNATIONAL INC.
- 13.1.3.1 Business overview
- 13.1.3.2 Products/Solutions/Services offered
- 13.1.3.3 Recent developments
- 13.1.3.3.1 Product launches
- 13.1.3.3.2 Deals
- 13.1.3.4 MnM view
- 13.1.3.4.1 Key strengths
- 13.1.3.4.2 Strategic choices
- 13.1.3.4.3 Weaknesses & competitive threats
- 13.1.4 ASSA ABLOY
- 13.1.4.1 Business overview
- 13.1.4.2 Products/Solutions/Services offered
- 13.1.4.3 Recent developments
- 13.1.4.3.1 Product launches
- 13.1.4.3.2 Deals
- 13.1.4.4 MnM view
- 13.1.4.4.1 Key strengths
- 13.1.4.4.2 Strategic choices
- 13.1.4.4.3 Weaknesses & competitive threats
- 13.1.5 SIEMENS
- 13.1.5.1 Business overview
- 13.1.5.2 Products/Solutions/Services offered
- 13.1.5.3 Recent developments
- 13.1.5.3.1 Product launches
- 13.1.5.3.2 Deals
- 13.1.5.4 MnM view
- 13.1.5.4.1 Key strengths
- 13.1.5.4.2 Strategic choices
- 13.1.5.4.3 Weaknesses & competitive threats
- 13.1.6 AMAZON.COM, INC.
- 13.1.6.1 Business overview
- 13.1.6.2 Products/Solutions/Services offered
- 13.1.6.3 Recent developments
- 13.1.6.3.1 Product launches
- 13.1.6.3.2 Deals
- 13.1.7 APPLE INC.
- 13.1.7.1 Business overview
- 13.1.7.2 Products/Solutions/Services offered
- 13.1.7.3 Recent developments
- 13.1.7.3.1 Product launches
- 13.1.7.3.2 Deals
- 13.1.8 ADT
- 13.1.8.1 Business overview
- 13.1.8.2 Products/Solutions/Services offered
- 13.1.8.3 Recent developments
- 13.1.8.3.1 Product launches
- 13.1.8.3.2 Deals
- 13.1.8.3.3 Other developments
- 13.1.9 ROBERT BOSCH
- 13.1.9.1 Business overview
- 13.1.9.2 Products/Solutions/Services offered
- 13.1.9.3 Recent developments
- 13.1.9.3.1 Product launches
- 13.1.9.3.2 Deals
- 13.1.10 ABB
- 13.1.10.1 Business overview
- 13.1.10.2 Products/Solutions/Services offered
- 13.1.10.3 Recent developments
- 13.1.10.3.1 Product launches
- 13.1.10.3.2 Deals
- 13.2 OTHER PLAYERS
- 13.2.1 SAMSUNG ELECTRONICS
- 13.2.2 SONY CORPORATION
- 13.2.3 OOMA
- 13.2.4 WOZART TECHNOLOGIES PRIVATE LIMITED
- 13.2.5 CONTROL4
- 13.2.6 AXIS COMMUNICATIONS AB
- 13.2.7 COMCAST
- 13.2.8 ECOBEE
- 13.2.9 CRESTRON ELECTRONICS, INC.
- 13.2.10 SIMPLISAFE, INC.
- 13.2.11 SAVANT SYSTEMS, INC
- 13.2.12 CANARY CONNECT, INC.
- 13.2.13 LG ELECTRONICS
- 13.2.14 LUTRON ELECTRONICS CO., INC.
- 13.2.15 LEGRAND
14 APPENDIX
- 14.1 INSIGHTS FROM INDUSTRY EXPERTS
- 14.2 DISCUSSION GUIDE
- 14.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 14.4 CUSTOMIZATION OPTIONS
- 14.5 RELATED REPORTS
- 14.6 AUTHOR DETAILS