Smart Home Market Growth, Size, Share, Industry Report and Forecast to 2027

The smart home is integrated with advanced automation systems that control lighting, temperature, multimedia, security, thermostats, entertainment systems, window and door operation, which can be controlled by the user through smartphones and computers. Appliances used in smart homes are connected via the Internet, allowing users to remotely control and monitor appliances using mobile or other network-connected devices. Using the Internet of Things (IoT) in the smart home allows manufacturers to encourage automation in the home sector. Smart home systems are often offered wirelessly and wired. Wireless systems are easy to install, cost-effective and portable, while wired systems require professional installers, are expensive, and are very easy to move around.

Smart Home Market: Market Segmentation

The report segments the global Smart Home Market as follows:

By Technologies

• Cellular Network Technologies
• Protocols and Standards
• Wireless Communication Technologies

By Product

• Lighting Control
• Security and Access Control
• HVAC Control
• Entertainment and Other Controls
• Others

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Smart Home Market Report

• What was the Smart Home Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Smart Home Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Smart Home Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.