The global smart home market size is projected to reach USD 622.59 billion by 2026, thereby exhibiting a CAGR of 29.3% during the forecast period. Fortune Business Insights™ published this information in a recent study, titled, “Smart Home Market Size, Share & Industry Analysis, By Product (Home Monitoring/Security, Smart Lighting, Entertainment, Smart Appliances, and Others (Thermostat, etc.)), and Regional Forecast, 2019-2026.”
The report further mentions that the market was valued at USD 79.90 billion in 2018. It is likely to gain momentum from the rising mergers and acquisitions between prominent companies for developing novel solutions for residences.
Highlights of the Report
- Extensive analysis of the competitive landscape, such as mergers, acquisitions, contracts, agreements, strategic collaborations, and innovative product launches.
- In-depth information about the smart home market trends, growth drivers, barriers, opportunities, and challenges.
- List of all the segments present in the market.
The report gives a detailed investigation of the market and spotlights on key perspectives, for example, driving organizations, significant item types, and driving uses of the item. Furthermore, the report offers bits of knowledge into the progressing chillers showcase patterns and features key industry advancements. Notwithstanding the previously mentioned factors, the report incorporates a few factors that have added to the development of the market as of late. In light of broad research strategies, estimate esteems have been drawn for the time of 2019-2026.
KEY QUESTIONS ANSWERED:
- What are the key technological and Smart Home Market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
- Why Choose Fortune Business Insights?
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Smart Home Market growth.
Major Company Profiles Covered in This Report:
- ABB Ltd.
- Assa Abloy
- Centrica Connected Home Limited
- Control4 Corporation
- Crestron Electronics
- Emerson Electric Co.
- General Electric Company
- Honeywell International
- Johnson Controls, Inc.
- Samsung Group
- Schneider Electric SE
- Sony Corporation
- Other key market players
Next, there is a comprehensive company profiles section, where the report demonstrates the product offerings, key financial information, business overview, and business strategy.Additionally, production, revenue, growth and average price shares by manufacturer, market by capacity, production and share by manufacturers, market share of top manufacturers, manufacturers manufacturing base distribution, sales area, market competitive situation, and trends are also provided.
Market Segmentation –
1. By Product
- Home Monitoring/Security
- Security Cameras
- Smart Door locks
- Others (Storage Devices, Servers, Doorbells, etc.)
- Smart Lighting
- Voice Assistant
- Smart TV/Projectors/Monitors
- Others (Smart Remote etc.)
- Smart Appliances
- Smart Refrigerators
- Smart Air Conditioners
- Others (Smart Vacuum Cleaners, Washing Machines etc.)
- Others (Thermostat, etc.)
2. By Region
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, Spain, and Rest of Europe)
- Asia Pacific (Japan, China, India, Southeast Asia, and Rest of Asia Pacific)
- Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)
- Latin America (Brazil, Mexico, and Rest of Latin America)
Reasons to Purchase This Report:
• A detailed study of product launches of every marketing player, their market channels, tactics, and market growth.
• The report helps to understand the key product segments and their future scope up to Five Decades.
• The report allows readers and market players to understand market Size, Share, Trend, and Future Forecast.A
• The Report Provide Deep analysis with region-specific assessments and competition analysis on a global and regional scale.
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