Global Smart Homes Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q3 2018 Update)
Table of Contents
1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Stakeholders
2. Research & Forecasting
- 2.1. Research Methodology
- 2.1.1. Research Instruments
- 2.1.1.1. Secondary Instrument
- 2.1.1.2. Primary Instrument
- 2.1.2. Research Approaches
- 2.1.2.1. Bottom-up Approach
- 2.1.2.2. Top-down Approach
- 2.1.3. Research Reliability & Validity
- 2.1.4. Research Assumptions
- 2.1.5. Vendor Inclusion Criteria
- 2.1.1. Research Instruments
- 2.2. Forecasting Methodology
- 2.2.1. Methodology for Market Estimation & Forecasting
- 2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
4. Premium Insight
- 4.1. Market Connectivity
- 4.2. Market Data Feed
- 4.3. Market Vendor Ranking Analysis
- 4.4. Market Dynamics
- 4.4.1. Drivers
- 4.4.1.1. Growth in IoT and rapid proliferation of smart devices
- 4.4.1.2. Increasing demand for home monitoring from remote locations
- 4.4.1.3. Increasing demand for energy efficient solutions
- 4.4.1.4. Collaborative market space and a large number of manufacturers expanding their product portfolios
- 4.4.1.5. Growing concern about safety, security, and convenience, among people
- 4.4.1.6. Growing need for automation of security systems
- 4.4.2. Restraints
- 4.4.2.1. Convenience-driven demand
- 4.4.2.2. High installation and replacement costs
- 4.4.2.3. Security and privacy concern
- 4.4.3. Opportunities
- 4.4.3.1. Government regulations to promoting green buildings
- 4.4.3.2. Lighting controllers with in-built data-connectivity technology
- 4.4.3.3. Power-line communication technology integrated into smart homes
- 4.4.4. Challenges
- 4.4.4.1. Complexity in linking disparate systems, limited functionality, and lack of open standards
- 4.4.1. Drivers
- 4.5. Porter’s Five Forces Analysis
- 4.5.1. Threat of New Entrants
- 4.5.2. Threat of Substitutes
- 4.5.3. Bargaining Power of Customers
- 4.5.4. Bargaining Power of Suppliers
- 4.5.5. Industry Rivalry
- 4.6. Market Ecosystem Analysis
- 4.7. Technology Trends
5. Global Smart Homes Market, by Component
- 5.1. Introduction
- 5.2. Entertainment Controls
- 5.2.1. Audio, Volume, & Multimedia Room Controls
- 5.2.2. Home Theater System Controls
- 5.2.3. Touchscreens and Keypads
- 5.3. HVAC Control
- 5.3.1. Actuators
- 5.3.2. Control Valves
- 5.3.3. Dampers
- 5.3.4. Heating and Cooling Coils
- 5.3.5. Pumps & Fans
- 5.3.6. Sensors
- 5.3.7. Smart Thermostats
- 5.3.8. Smart Vents
- 5.4. Home Appliances
- 5.5. Home Healthcare
- 5.6. Lighting Control
- 5.6.1. Accessories
- 5.6.2. Daylight Sensors
- 5.6.3. Dimmers
- 5.6.4. Occupancy Sensors
- 5.6.5. Relays
- 5.6.6. Switches
- 5.6.7. Timers
- 5.7. Security and Access Control
- 5.7.1. Access Control
- 5.7.2. Video Surveillance
- 5.8. Smart Kitchen
6. Global Smart Homes Market, by Technology
- 6.1. Introduction
- 6.2. Cellular Network Technologies
- 6.2.1. CDMA Networks
- 6.2.2. GSM/HSPA Networks
- 6.2.3. LTE Networks
- 6.3. Protocols & Standards
- 6.3.1. Black Box
- 6.3.2. Building Automation and Control Network (BACNet)
- 6.3.3. Digital Addressable Lighting Interface (DALI)
- 6.3.4. Digital Multiplexer (DMX)
- 6.3.5. Ethernet
- 6.3.6. KNX
- 6.3.7. Lonworks
- 6.3.8. Modbus
- 6.3.9. Power Line Communication (PLC)
- 6.4. Wireless Communication Technologies
- 6.4.1. Bluetooth
- 6.4.2. Enocean
- 6.4.3. Infrared
- 6.4.4. Thread
- 6.4.5. Wi-Fi
- 6.4.6. Z-Wave
- 6.4.7. ZigBee
7. Global Smart Homes Market, by Geography
- 7.1. Introduction
- 7.2. Americas Smart Homes Market
- 7.2.1. Americas Smart Homes Market, by Country
- 7.2.1.1. United States
- 7.2.1.2. Brazil
- 7.2.1.3. Canada
- 7.2.1.4. Mexico
- 7.2.1.5. Argentina
- 7.2.2. Americas Smart Homes Market, by Component
- 7.2.3. Americas Smart Homes Market, by Technology
- 7.2.1. Americas Smart Homes Market, by Country
- 7.3. Europe, Middle East & Africa Smart Homes Market
- 7.3.1. Europe, Middle East & Africa Smart Homes Market, by Country
- 7.3.1.1. United Kingdom
- 7.3.1.2. Germany
- 7.3.1.3. France
- 7.3.1.4. Saudi Arabia
- 7.3.1.5. United Arab Emirates
- 7.3.1.6. Italy
- 7.3.1.7. Russia
- 7.3.2. Europe, Middle East & Africa Smart Homes Market, by Component
- 7.3.3. Europe, Middle East & Africa Smart Homes Market, by Technology
- 7.3.1. Europe, Middle East & Africa Smart Homes Market, by Country
- 7.4. Asia-Pacific Smart Homes Market
- 7.4.1. Asia-Pacific Smart Homes Market, by Country
- 7.4.1.1. China
- 7.4.1.2. Japan
- 7.4.1.3. India
- 7.4.1.4. Australia
- 7.4.2. Asia-Pacific Smart Homes Market, by Component
- 7.4.3. Asia-Pacific Smart Homes Market, by Technology
- 7.4.1. Asia-Pacific Smart Homes Market, by Country
8. Competitive Strategic Window
- 8.1. Introduction
- 8.1.1. Leverage Zone
- 8.1.2. Vantage Zone
- 8.1.3. Speculative Zone
- 8.1.4. Bottleneck Zone
9. FPNV Positioning Matrix
- 9.1. Introduction
- 9.2. Scores
- 9.2.1. Forefront
- 9.2.2. Pathfinders
- 9.2.3. Niche
- 9.2.4. Vital
- 9.3. Business Strategy
- 9.4. Product Satisfaction
10. Competitive News Feed Analysis
11. Company Usability Profiles
- 11.1. ABB Ltd.
- 11.2. Acuity Brands, Inc.
- 11.3. Control4 Corporation
- 11.4. Emerson Electric Corporation
- 11.5. General Electric Company
- 11.6. Honeywell International Inc.
- 11.7. Johnson Controls, Inc.
- 11.8. LG Electronics Inc.
- 11.9. Legrand SA
- 11.10. Lutron Electronics Co. Inc.
- 11.11. Schneider Electric SE
- 11.12. Siemens AG
- 11.13. Smart home Inc.
- 11.14. United Technologies Corporation
- 11.15. Vivint Smart Home
12. Appendix
- 12.1. Top Reports
- 12.2. Author Details
LIST OF TABLES (30 TABLES)
TABLE 1. GLOBAL SMART HOMES MARKET SIZE, 2016 - 2024 (USD MILLION)
TABLE 2. GLOBAL SMART HOMES MARKET RANKING, BY VENDORS, 2017
TABLE 3. GLOBAL SMART HOMES MARKET SIZE, BY COMPONENT, 2016 - 2024 (USD MILLION)
TABLE 4. GLOBAL SMART HOMES MARKET SIZE, BY ENTERTAINMENT CONTROLS, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 5. GLOBAL SMART HOMES MARKET SIZE, BY HVAC CONTROL, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 6. GLOBAL SMART HOMES MARKET SIZE, BY HOME APPLIANCES, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 7. GLOBAL SMART HOMES MARKET SIZE, BY HOME HEALTHCARE, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 8. GLOBAL SMART HOMES MARKET SIZE, BY LIGHTING CONTROL, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 9. GLOBAL SMART HOMES MARKET SIZE, BY SECURITY AND ACCESS CONTROL, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 10. GLOBAL SMART HOMES MARKET SIZE, BY SMART KITCHEN, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 11. GLOBAL SMART HOMES MARKET SIZE, BY TECHNOLOGY, 2016 - 2024 (USD MILLION)
TABLE 12. GLOBAL SMART HOMES MARKET SIZE, BY CELLULAR NETWORK TECHNOLOGIES, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 13. GLOBAL SMART HOMES MARKET SIZE, BY PROTOCOLS & STANDARDS, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 14. GLOBAL SMART HOMES MARKET SIZE, BY WIRELESS COMMUNICATION TECHNOLOGIES, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 15. GLOBAL SMART HOMES MARKET SIZE, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)
TABLE 16. AMERICAS SMART HOMES MARKET SIZE, 2016 - 2024 (USD MILLION)
TABLE 17. AMERICAS SMART HOMES MARKET SIZE, BY COMPONENT, 2016 - 2024 (USD MILLION)
TABLE 18. AMERICAS SMART HOMES MARKET SIZE, BY TECHNOLOGY, 2016 - 2024 (USD MILLION)
TABLE 19. EUROPE, MIDDLE EAST & AFRICA SMART HOMES MARKET SIZE, 2016 - 2024 (USD MILLION)
TABLE 20. EUROPE, MIDDLE EAST & AFRICA SMART HOMES MARKET SIZE, BY COMPONENT, 2016 - 2024 (USD MILLION)
TABLE 21. EUROPE, MIDDLE EAST & AFRICA SMART HOMES MARKET SIZE, BY TECHNOLOGY, 2016 - 2024 (USD MILLION)
TABLE 22. ASIA-PACIFIC SMART HOMES MARKET SIZE, 2016 - 2024 (USD MILLION)
TABLE 23. ASIA-PACIFIC SMART HOMES MARKET SIZE, BY COMPONENT, 2016 - 2024 (USD MILLION)
TABLE 24. ASIA-PACIFIC SMART HOMES MARKET SIZE, BY TECHNOLOGY, 2016 - 2024 (USD MILLION)
TABLE 25. 360IRESEARCH SCORES FOR FOREFRONT IN SMART HOMES MARKET
TABLE 26. 360IRESEARCH SCORES FOR PATHFINDERS IN SMART HOMES MARKET
TABLE 27. 360IRESEARCH SCORES FOR NICHE IN SMART HOMES MARKET
TABLE 28. 360IRESEARCH SCORES FOR VITAL IN SMART HOMES MARKET
TABLE 29. 360IRESEARCH FPNV POSITIONING MATRIX BUSINESS STRATEGY FOR SMART HOMES MARKET
TABLE 30. 360IRESEARCH FPNV POSITIONING MATRIX PRODUCT SATISFACTION FOR SMART HOMES MARKET
LIST OF FIGURES (28 TABLES)
FIGURE 1. GLOBAL SMART HOMES MARKET: YEARS CONSIDERED FOR THE STUDY
FIGURE 2. GLOBAL SMART HOMES MARKET: KEY RESEARCH METHODOLOGY
FIGURE 3. GLOBAL SMART HOMES MARKET: KEY RESEARCH INSTRUMENTS
FIGURE 4. GLOBAL SMART HOMES MARKET: KEY SECONDARY INSTRUMENT SOURCES
FIGURE 5. GLOBAL SMART HOMES MARKET: KEY POTENTIAL RESPONDENTS
FIGURE 6. GLOBAL SMART HOMES MARKET: KEY BREAKDOWN OF PRIMARY INSTRUMENT
FIGURE 7. GLOBAL SMART HOMES MARKET: KEY RESEARCH APPROACHES
FIGURE 8. GLOBAL SMART HOMES MARKET: KEY DATA TRIANGULATION
FIGURE 9. GLOBAL SMART HOMES MARKET: KEY RESEARCH ASSUMPTIONS
FIGURE 10. SMART HOMES MARKET: KEY MARKET CONNECTIVITY
FIGURE 11. GLOBAL SMART HOMES MARKET SIZE, 2016 - 2024 (USD MILLION)
FIGURE 12. GLOBAL SMART HOMES MARKET SIZE, BY COMPONENT, 2017 VS 2024 (USD MILLION)
FIGURE 13. GLOBAL SMART HOMES MARKET SIZE, BY ENTERTAINMENT CONTROLS, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 14. GLOBAL SMART HOMES MARKET SIZE, BY HVAC CONTROL, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 15. GLOBAL SMART HOMES MARKET SIZE, BY HOME APPLIANCES, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 16. GLOBAL SMART HOMES MARKET SIZE, BY HOME HEALTHCARE, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 17. GLOBAL SMART HOMES MARKET SIZE, BY LIGHTING CONTROL, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 18. GLOBAL SMART HOMES MARKET SIZE, BY SECURITY AND ACCESS CONTROL, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 19. GLOBAL SMART HOMES MARKET SIZE, BY SMART KITCHEN, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 20. GLOBAL SMART HOMES MARKET SIZE, BY TECHNOLOGY, 2017 VS 2024 (USD MILLION)
FIGURE 21. GLOBAL SMART HOMES MARKET SIZE, BY CELLULAR NETWORK TECHNOLOGIES, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 22. GLOBAL SMART HOMES MARKET SIZE, BY PROTOCOLS & STANDARDS, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 23. GLOBAL SMART HOMES MARKET SIZE, BY WIRELESS COMMUNICATION TECHNOLOGIES, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)
FIGURE 24. GLOBAL SMART HOMES MARKET SIZE, BY GEOGRAPHY, 2017 (USD MILLION)
FIGURE 25. 360IRESEARCH COMPETITIVE STRATEGIC WINDOW FOR GLOBAL SMART HOMES MARKET, BY COMPONENT, 2024
FIGURE 26. 360IRESEARCH COMPETITIVE STRATEGIC WINDOW FOR GLOBAL SMART HOMES MARKET, BY TECHNOLOGY, 2024
FIGURE 27. 360IRESEARCH COMPETITIVE STRATEGIC WINDOW FOR GLOBAL SMART HOMES MARKET, BY GEOGRAPHY, 2024
FIGURE 28. 360IRESEARCH FPNV POSITIONING MATRIX FOR SMART HOMES MARKET
The global smart homes market is expected to grow from USD 54,601.59 million 2017 to USD 140,182.55 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 14.42%.
“Growth in IoT and rapid proliferation of smart devices
is one of the factors largely attributing to the growth of smart homes market globally”
The factors attributing to the growth of the market are growth in iot and rapid proliferation of smart devices, increasing demand for home monitoring from remote locations, increasing demand for energy efficient solutions, collaborative market space and a large number of manufacturers expanding their product portfolios, growing concern about safety, security, and convenience, among people, and growing need for automation of security systems. However, some factors such as convenience-driven demand, high installation and replacement costs, and security and privacy concern may hinder the market growth. The global smart homes market is expected to showcase the opportunities such as government regulations to promoting green buildings, lighting controllers with in-built data-connectivity technology, and power-line communication technology integrated into smart homes. In the near future, the market may face the possible challenges in the growth due to and complexity in linking disparate systems, limited functionality, and lack of open standards. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global smart homes market market.
On the basis of component, the global smart homes market is studied across Entertainment Controls, HVAC Control, Home Appliances, Home Healthcare, Lighting Control, Security and Access Control, and Smart Kitchen.
On the basis of technology, the global smart homes market is studied across Cellular Network Technologies, Protocols & Standards, and Wireless Communication Technologies.
On the basis of geography, the global smart homes market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“ABB Ltd.: The potential growing player for the global smart homes market”
The key players profiled in the global smart homes market are ABB Ltd., Acuity Brands, Inc., Control4 Corporation, Emerson Electric Corporation, General Electric Company, Honeywell International Inc., Johnson Controls, Inc., LG Electronics Inc., Legrand SA, Lutron Electronics Co. Inc., Schneider Electric SE, Siemens AG, Smart home Inc., United Technologies Corporation, and Vivint Smart Home.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global smart homes market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global smart homes market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global smart homes market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global smart homes market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global smart homes market.