Smart Home Market
Smart Home Market - Global Industry Assessment & Forecast
#
Pages:
2022
Jun - 2023
VMR-VMR-2021-1063
Segments Covered
By
Smart Lighting: Smart Bulbs, Smart Switches, Lighting Control Systems, Dimmers and Color Changing Lights
-
By
Smart Thermostats Programmable Thermostats, Learning Thermostats, Zoned Heating and Cooling Systems
-
By
Home Security and Surveillance: Smart Cameras, Video Doorbells, Motion Sensors, Window and Door Sensors, Security Alarms
-
By
Smart Appliances: Smart Refrigerators, Smart Washing Machines, Smart Ovens, Smart Dishwashers, Smart Coffee Makers, Smart Vacuums
-
By
Home Entertainment and Audio Systems: Smart TVs, Home Theater Systems, Streaming Devices, Smart Speakers, Soundbars, Multi-room Audio Systems
-
By
Smart Energy Management Smart Meters, Energy Monitoring Systems, Home Energy Management Platforms, Solar Energy Systems, Smart Power Strips, Smart Plugs
-
By
Region North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 91.30 Billion |
 Revenue 2030:
|
USD 195.73 Billion |
 Revenue CAGR
(2023 - 2030): |
10.00% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Smart Home Market by Smart Lighting: by Smart Thermostats by Home Security and Surveillance: by Smart Appliances: by Home Entertainment and Audio Systems: by Smart Energy Management by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Smart Home in terms of revenue?
-
The global Smart Home valued at USD 91.30 Billion in 2022 and is expected to reach USD 195.73 Billion in 2030 growing at a CAGR of 10.00%.
Which are the prominent players in the market?
-
The prominent players in the market are Honeywell (US), Siemens (Germany), Johnson Controls (Ireland), Schneider Electric (France), ASSA ABLOY (Sweden), Amazon (US), Apple (US), ADT (US), ABB (Switzerland), Robert Bosch (Germany), Sony (Japan), Samsung Electronics (South Korea), Ooma (US), Delta Controls (Canada), Control4 (US), Axis Communications (Sweden), Comcast (US), Smarthome (US), Crestron Electronics (US), SimpliSafe (US), Armorax (US), Canary (US), LG Electronics (South Korea), Lutron (US) Legrand (France).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 10.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Smart Home include
- Increasing number of internet users and growing adoption of smart devices
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Smart Home in 2022.
