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ICT & Media

Global Smart Home Market

  • MAR2978643
  • 222 Pages
  • November 2018
  • ICT & Media
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A Smart home is a home which is equipped with appliances, lighting and electronic devices such that they can be remotely controlled by the owner from any location via a mobile app. It can include appliances like Refrigerator, air conditioner, television etc. which could be connected through smart home technology. It enables user to remotely control appliances of their home such that they can schedule devices according to their usage to control costs and become more energy efficient.

Some of the smart homes enabled devices included controlled refrigerator, smart lights, smart thermostats like Nest thermostat, smart kitchen, smart door locks etc. Most of the devices are controlled by a tablet or a smart phone. The growth of the smart home market is influenced by advancement in the IoT technology, safety and security and low carbon emission-oriented solutions.

Smart meters held the largest share of the smart home market in 2016.They enable user to calculate their daily consumption of energy. They also give information at different times during the day. Hence considering their growth, they are expected to capture a higher share in 2023 as well.

Market Dynamics

The Smart home market is expected to grow at a higher rate between 2017 and 2023 as a result of rise in number of residential projects and also owing to increase in the initiatives to improve infrastructure.

Aging population, energy and cost saving, reduced carbon emissions, government initiatives are the major factors which are driving the market for smart homes.

Increase awareness among consumers about energy consumption, rising disposable income, rising demand for home care are also some of the factors which are fueling the growth of smart homes in the market.

However high prices along with limited consumer demand and long device replacement cycles are top barriers for smart home markets to enter into mass adoption stage.

Market Segmentation

The market is segmented in terms of the type of geography and also on basis of application.

On basis of application:

The smart home can be divided into lighting control, security and access control, HVAC control, entertainment control etc.

HVAC Control has the highest share in the market (27.2%).Rising demand and need for energy efficient devices fueled the demand of HVAC control systems.

Regional/Geographic Analysis

In 2016, North America held the largest share of the smart home market in terms of revenue due to rise in demand of home healthcare and population followed by Europe and Asia Pacific. Government initiatives include power meters, water to fall into the smart grid with ease etc.

In Europe countries such as U.K, Germany, France and Italy have emerged as an attractive options for sale of smart home appliances. The presence of large number of industries and rising need for reducing energy consumption are augmenting the demand.

Urbanization across India, Japan and China will aid in expansion of smart home market across Asia Pacific.

Key Players

Some of the major players in the market include Siemens AG (Germany), United Technologies Corporation (US), General Electric Company (US), Lutron Electronics Co. Inc. etc.

Report Contents:

> Global Market segments

> Global Market Drivers, Restraints and Opportunities

> Global Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Global Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage

1. Market Introduction

1.1. Market Definition

1.2. Market Taxonomy

2. Research Methodology

3. Assumptions and Acronyms

4. Executive Summary

5. Consumer Analysis

5.1. Consumer Profile (Demographic, Geographic, etc.)

5.2. Consumer Motivation

5.3. Procurement Process

5.4. Frequency of Buying

6. Historical Overview (Market Origins, Product Launch

Timeline, etc.)

7. Pricing Analysis

8. Key Stakeholders

8.1. R&D Organizations

8.2. Early Product Development Companies (Niche –

applications)

8.3. Machine and Device Manufacturers

8.4. Service Providers

8.5. Network Equipment Providers

8.6. System Integrators

8.7. App Developers

9. Key Enabling Technologies

9.1. Machine -to- Machine (M2M) Communication

9.2. Internet of Things (IoT)

9.3. Advanced Materials & Manufacturing

9.4. Sensor Technologies

9.5. Data Sciences

9.6. Others

10. Market Dynamics

10.1. Household Penetration

10.2. Macroeconomic Factors

10.3. Drivers

10.3.1. Supply Side

10.3.2. Demand Side

10.4. Restraints

10.5. Opportunities

11. R&D Status and Technology Overview

12. Global Smart Home Market Analysis, By Applications

12.1. Introduction

12.2. Prominent Trends

12.3. Regulatory Guidelines

12.4. Market Size and Analysis, By Applications

12.4.1. Security and Safety

12.4.1.1. Video Surveillance (Remote Feed)

12.4.1.2. Detection Devices (Sensors)

12.4.1.3. Smart Locks and Safety

12.4.1.4. Others

12.4.2. Health & Wellness Monitoring

12.4.3. Utilities Management

12.4.3.1. Smart Temperature Control

(Thermostat)

12.4.3.2. Ventilation & Air Condition (VAC)

Monitoring

12.4.3.3. Connected Lightning

12.4.3.4. Others

12.4.4. Smart Appliances

12.4.5. Smart Entertainment

12.4.6. Others

12.5. Market Share Analysis and YoY Growth Rates, By

Applications

13. Global Smart Home Market Analysis, By Consumer Type

13.1. Introduction

13.2. Prominent Trends

13.3. Market Size and Analysis, By Consumer Type

13.3.1. Seniors (>45 Years Age)

13.3.1.1. Traditional (Suburban/Rural)

13.3.1.2. Affluent (Suburban)

13.3.2. Young Families (25-45 Years Age)

13.3.2.1. Mid-income (75-100k p.a.)

13.3.2.2. High-income (>100k p.a.)

13.3.2.3. Low-income (<75 p.a.)

13.3.3. Urban Households

13.3.4. Others

13.4. Market Share Analysis and YoY Growth Rates, By

Consumer Type

14. Global Smart Home Market Analysis, By Sales Channel

14.1. Introduction

14.2. Prominent Trends

14.3.Market Size and Analysis, By Sales Channel

14.3.1. Retail

14.3.1.1. Home Improvement Stores

14.3.1.2. Electronic Stores

14.3.1.3. Appliance Stores

14.3.1.4. Hypermarket/Supermarkets

14.3.1.5. Online

14.3.1.6. Others

14.3.2. Specialty Dealers

14.3.3. Direct Selling (Product Manufacturer)

14.3.4. Others

14.4. Market Share Analysis and YoY Growth Rates, By Sales

Channel

15. Global Smart Home Market Analysis, By Region

15.1. Introduction

15.2. Prominent Trends

15.3. Market Size and Analysis, By Region

15.3.1. North America

15.3.2. Latin America

15.3.3. Europe

15.3.4. Asia Pacific

15.3.5. Middle East & Africa (MEA)

15.4. Market Share Analysis and YoY Growth Rates, By

Region

16. North America Smart Home Market Analysis

16.1. Introduction

16.2. Prominent Trends

16.3. North America Smart Home Market Analysis, by

Country

16.3.1. U.S.

16.3.2. Canada

16.4. North America Smart Home Market Analysis, By

Applications

16.4.1. Security and Safety

16.4.1.1. Video Surveillance (Remote Feed)

16.4.1.2. Detection Devices (Sensors)

16.4.1.3. Smart Locks and Safety

16.4.1.4. Others

16.4.2. Health & Wellness Monitoring

16.4.3. Utilities Management

16.4.3.1. Smart Temperature Control

(Thermostat)

16.4.3.2. Ventilation & Air Condition (VAC)

Monitoring

16.4.3.3. Connected Lightning

16.4.3.4. Others

16.4.4. Smart Appliances

16.4.5. Smart Entertainment

16.4.6. Others

16.5. North America Smart Home Market Size and Analysis,

By Consumer Type

16.5.1. Seniors (>45 Years Age)

16.5.1.1. Traditional (Suburban/Rural)

16.5.1.2. Affluent (Suburban)

16.5.2. Young Families (25-45 Years Age)

16.5.2.1. Mid-income (75-100k p.a.)

16.5.2.2. High-income (>100k p.a.)

16.5.2.3. Low-income (<75 p.a.)

16.5.3. Urban Households

16.5.4. Others

16.6. North America Smart Home Market Size and Analysis,

By Sales Channel

16.6.1. Retail

16.6.1.1. Home Improvement Stores

16.6.1.2. Electronic Stores

16.6.1.3. Appliance Stores

16.6.1.4. Hypermarket/Supermarkets

16.6.1.5. Online

16.6.1.6. Others

16.6.2. Specialty Dealers

16.6.3. Direct Selling (Product Manufacturer)

16.6.4. Others

16.7. North America Market Share Analysis and YoY Growth

Rates

16.7.1. By Country

16.7.2. By Sales Channel

16.7.3. By Consumer Type

16.7.4. By Applications

17. Latin America Smart Home Market Analysis

17.1. Introduction

17.2. Prominent Trends

17.3. Latin America Smart Home Market Analysis, by

Country

17.3.1. Mexico

17.3.2. Brazil

17.3.3. Others

17.4. Latin America Smart Home Market Analysis, By

Applications

17.4.1. Security and Safety

17.4.1.1. Video Surveillance (Remote Feed)

17.4.1.2. Detection Devices (Sensors)

17.4.1.3. Smart Locks and Safety

17.4.1.4. Others

17.4.2. Health & Wellness Monitoring

17.4.3. Utilities Management

17.4.3.1. Smart Temperature Control

(Thermostat)

17.4.3.2. Ventilation & Air Condition (VAC)

Monitoring

17.4.3.3. Connected Lightning

17.4.3.4. Others

17.4.4. Smart Appliances

17.4.5. Smart Entertainment

17.4.6. Others

17.5. Latin America Smart Home Market Size and Analysis,

By Consumer Type

17.5.1. Seniors (>45 Years Age)

17.5.1.1. Traditional (Suburban/Rural)

17.5.1.2. Affluent (Suburban)

17.5.2. Young Families (25-45 Years Age)

17.5.2.1. Mid-income (75-100k p.a.)

17.5.2.2. High-income (>100k p.a.)

17.5.2.3. Low-income (<75 p.a.)

17.5.3. Urban Households

17.5.4. Others

17.6. Latin America Smart Home Market Size and Analysis,

By Sales Channel

17.6.1. Retail

17.6.1.1. Home Improvement Stores

17.6.1.2. Electronic Stores

17.6.1.3. Appliance Stores

17.6.1.4. Hypermarket/Supermarkets

17.6.1.5. Online

17.6.1.6. Others

17.6.2. Specialty Dealers

17.6.3. Direct Selling (Product Manufacturer)

17.6.4. Others

17.7. Latin America Market Share Analysis and YoY Growth

Rates

17.7.1. By Country

17.7.2. By Sales Channel

17.7.3. By Consumer Type

17.7.4. By Applications

18. Europe Smart Home Market Analysis

18.1. Introduction

18.2. Prominent Trends

18.3. Europe Smart Home Market Analysis, by Country

18.3.1. Germany

18.3.2. U.K.

18.3.3. Spain

18.3.4. France

18.3.5. Italy

18.3.6. Russia

18.3.7. Others

18.4. Europe Smart Home Market Analysis, By Applications

18.4.1. Security and Safety

18.4.1.1. Video Surveillance (Remote Feed)

18.4.1.2. Detection Devices (Sensors)

18.4.1.3. Smart Locks and Safety

18.4.1.4. Others

18.4.2. Health & Wellness Monitoring

18.4.3. Utilities Management

18.4.3.1. Smart Temperature Control

(Thermostat)

18.4.3.2. Ventilation & Air Condition (VAC)

Monitoring

18.4.3.3. Connected Lightning

18.4.3.4. Others

18.4.4. Smart Appliances

18.4.5. Smart Entertainment

18.4.6. Others

18.5. Europe Smart Home Market Size and Analysis, By

Consumer Type

18.5.1. Seniors (>45 Years Age)

18.5.1.1. Traditional (Suburban/Rural)

18.5.1.2. Affluent (Suburban)

18.5.2. Young Families (25-45 Years Age)

18.5.2.1. Mid-income (75-100k p.a.)

18.5.2.2. High-income (>100k p.a.)

18.5.2.3. Low-income (<75 p.a.)

18.5.3. Urban Households

18.5.4. Others

18.6. Europe Smart Home Market Size and Analysis, By Sales

Channel

18.6.1. Retail

18.6.1.1. Home Improvement Stores

18.6.1.2. Electronic Stores

18.6.1.3. Appliance Stores

18.6.1.4. Hypermarket/Supermarkets

18.6.1.5. Online

18.6.1.6. Others

18.6.2. Specialty Dealers

18.6.3. Direct Selling (Product Manufacturer)

18.6.4. Others

18.7. Europe Market Share Analysis and YoY Growth Rates

18.7.1. By Country

18.7.2. By Sales Channel

18.7.3. By Consumer Type

18.7.4. By Applications

19. Asia Pacific Smart Home Market Analysis

19.1. Introduction

19.2. Prominent Trends

19.3. Asia Pacific Smart Home Market Analysis, by Country

19.3.1. India

19.3.2. China

19.3.3. Australia & New Zealand

19.3.4. Japan

19.3.5. Others

19.4. Asia Pacific Smart Home Market Analysis, By

Applications

19.4.1. Security and Safety

19.4.1.1. Video Surveillance (Remote Feed)

19.4.1.2. Detection Devices (Sensors)

19.4.1.3. Smart Locks and Safety

19.4.1.4. Others

19.4.2. Health & Wellness Monitoring

19.4.3. Utilities Management

19.4.3.1. Smart Temperature Control

(Thermostat)

19.4.3.2. Ventilation & Air Condition (VAC)

Monitoring

19.4.3.3. Connected Lightning

19.4.3.4. Others

19.4.4. Smart Appliances

19.4.5. Smart Entertainment

19.4.6. Others

19.5. Asia Pacific Smart Home Market Size and Analysis, By

Consumer Type

19.5.1. Seniors (>45 Years Age)

19.5.1.1. Traditional (Suburban/Rural)

19.5.1.2. Affluent (Suburban)

19.5.2. Young Families (25-45 Years Age)

19.5.2.1. Mid-income (75-100k p.a.)

19.5.2.2. High-income (>100k p.a.)

19.5.2.3. Low-income (<75 p.a.)

19.5.3. Urban Households

19.5.4. Others

19.6. Asia Pacific Smart Home Market Size and Analysis, By

Sales Channel

19.6.1. Retail

19.6.1.1. Home Improvement Stores

19.6.1.2. Electronic Stores

19.6.1.3. Appliance Stores

19.6.1.4. Hypermarket/Supermarkets

19.6.1.5. Online

19.6.1.6. Others

19.6.2. Specialty Dealers

19.6.3. Direct Selling (Product Manufacturer)

19.6.4. Others

19.7. Asia Pacific Market Share Analysis and YoY Growth

Rates

19.7.1. By Country

19.7.2. By Sales Channel

19.7.3. By Consumer Type

19.7.4. By Applications

20. Middle East and Africa (MEA) Smart Home Market

Analysis

20.1. Introduction

20.2. Prominent Trends

20.3. Middle East and Africa Smart Home Market Analysis,

by Country

20.3.1. GCC countries

20.3.2. South Africa

20.3.3. North Africa

20.3.4. Rest of Middle East and Africa

20.4. Middle East and Africa Smart Home Market Analysis,

By Applications

20.4.1. Security and Safety

20.4.1.1. Video Surveillance (Remote Feed)

20.4.1.2. Detection Devices (Sensors)

20.4.1.3. Smart Locks and Safety

20.4.1.4. Others

20.4.2. Health & Wellness Monitoring

20.4.3. Utilities Management

20.4.3.1. Smart Temperature Control

(Thermostat)

20.4.3.2. Ventilation & Air Condition (VAC)

Monitoring

20.4.3.3. Connected Lightning

20.4.3.4. Others

20.4.4. Smart Appliances

20.4.5. Smart Entertainment

20.4.6. Others

20.5. Middle East and Africa Smart Home Market Size and

Analysis, By Consumer Type

20.5.1. Seniors (>45 Years Age)

20.5.1.1. Traditional (Suburban/Rural)

20.5.1.2. Affluent (Suburban)

20.5.2. Young Families (25-45 Years Age)

20.5.2.1. Mid-income (75-100k p.a.)

20.5.2.2. High-income (>100k p.a.)

20.5.2.3. Low-income (<75 p.a.)

20.5.3. Urban Households

20.5.4. Others

20.6. Middle East and Africa Smart Home Market Size and

Analysis, By Sales Channel

20.6.1. Retail

20.6.1.1. Home Improvement Stores

20.6.1.2. Electronic Stores

20.6.1.3. Appliance Stores

20.6.1.4. Hypermarket/Supermarkets

20.6.1.5. Online

20.6.1.6. Others

20.6.2. Specialty Dealers

20.6.3. Direct Selling (Product Manufacturer)

20.6.4. Others

20.7. MEA Market Share Analysis and YoY Growth Rates

20.7.1. By Country

20.7.2. By Sales Channel

20.7.3. By Consumer Type

20.7.4. By Applications

21. Industry Structure

21.1. Porters Five Forces Analysis

21.1.1. Bargaining Power of Suppliers

21.1.2. Bargaining Power of Buyers

21.1.3. Threat of New Entrants

21.1.4. Threat of Substitute Products and Services

21.1.5. Internal Rivalry

21.2.Supply Chain Analysis and Profitability Margins

21.3.Market Share Analysis

21.4. Strategic Analysis

21.4.1. Competitive Strategies

21.4.2. Mergers & Acquisitions Activity

21.4.3. Co-operative Agreements

21.5. Critical Success Factor (CSF) Analysis (Technology &

Manufacturing, Design & Features, Brand Reputation,

Distribution Network, Marketing)

21.6.Company Profiles (Overview, Product/Service Details,

Geographic Scope, Financials, Strategic Intent & Approach,

Core Competencies & Competitive Advantage and Key

developments)

21.6.1. Building Automation Manufacturers

21.6.2. Household Appliance Manufacturers

21.6.3. Utilities Management Manufacturers

21.6.4. Control Specialists

21.6.5. IT/Software Providers

21.6.6. Telecom Service Providers

22. Prognosis for the Future

 
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