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Insights presented in the Report:
Global smart home industry can be segmented across different areas of application which encompasses safety and security, lighting, HVAC, entertainment, smart appliances, and energy management among other. At present, the penetration rate of smart appliances is estimated to occupy a prominent share of 25.3% in the overall market. With the change in consumer preferences and promotional marketing of lighting and HVAC appliances, these application areas are likely to be among the top trend during the forecast period
Moreover, the market is further bifurcated into the end-user industry, wherein the residential segment holds the prime share in the global smart home market contradicting with the commercial segment. With the rapid advancement in technologies, changing lifestyles and rising disposable income of the consumers, mid-range apartments/houses are likely to rule the smart home market by 2024 followed by luxury villas and apartments. Mid-range apartments/houses segment of residential smart home market generated a revenue of US$ 9,486.6 million in 2017. In addition, although, hospitals under commercial smart home segment conquer the market by occupying the lead share in the market, hotels would display maximum CAGR growth of 27.3% over the forecasted period in the respective market
For a deep dive analysis of the industry, the study is conducted across five regions, including North America, Europe, Asia Pacific, Middle East and North Africa (MENA) and Latin America. North America takes the upper hand in the technological market due to first mover advantage. Increasing demand for smart devices, high penetration of smartphone & internet, and stringent regulations on energy consumption has helped North America to dominate the smart home market in the current scenario. Owing to this, North America smart home market was valued at US$ 17.272.2 million in and is estimated to register reasonable compounded growth of 18% over the analyzed period. However, Asia-Pacific region owing to increasing disposable income paired with government initiative is expected to witness the highest growth during the analyzed period
Top Companies Covered:
Some of the major players operating in the market include Haier Electronics, ABB Limited, Acuity Brands, Inc., AMX, LLC, ASSA ABLOY, Cisco Systems, Inc., Control4 Corporation, Crestron Electronics Inc., Deutsche Telekom AG, Emerson Electric Co., General Electric Company, Samsung Electronics Ltd, Honeywell International Inc., IBM Corporation, LG Electronics Inc., Monitronics International Inc., Schneider Electric S.E., Siemens AG, United Technologies Corporation, and Vivint Inc. These companies have the ability to pool in investment from their other business to the smart home market and come up with innovative products pertaining to the increasing demand for smart home appliances.
Reasons to buy the Report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts
The report presents a quick review of overall industry performance at one glance
The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry.
Examination of industry attractiveness with the help of Porter’s Five Forces analysis
The study comprehensively covers the market across different segments
Deep dive regional level analysis of the industry
Customization Options:
The Global Smart Home Market can be customized to regional/country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2. RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Secondary Data
2.2 Key Secondary Sources
2.3 Primary Data
2.4 Sampling Techniques & Data Collection Methods
2.5 Primary Participants
3. INDUSTRY PERFORMANCE
4. EXECUTIVE SUMMARY
5. MARKET OVERVIEW
5.1 General Overview of Smart Home Market
5.1.1 Pricing Analysis of Smart Home Appliances, by Type of Cost
5.2 Market Dynamics
5.2.1 Increasing Awareness of Advanced Technology among Consumers
5.2.2 Increasing Penetration of Smartphones and internet, especially in APAC Region
5.2.3 Proliferation of Internet of Things, especially in the Emerging Region’s
5.2.4 Surging Disposable Incomes and Urbanization
5.2.5 Growing Demand for Smart Home Energy Management System
5.2.6 Development of Interconnectivity across Platforms and Devices
5.3 Market Restraints
5.3.1 Concerns regarding Privacy and Hacking
5.3.2 Complex Installation and High Price of the Smart Home products 35
5.4 Opportunities in the Market
5.4.1 Scope for Insurance companies
5.4.2 Growth opportunity for Telecom Operators
5.4.3 Emerging Business Opportunities in Asia-Pacific
5.4.4 Restoring Independence for Elders
5.5 Factor Analysis
5.5.1 Demand & Supply Side Analysis
5.5.2 Major Development & Investments in the Smart Home Market
5.5.3 Major development and new Start-ups
5.5.4 Top Investor in the Smart Home Market
6. MARKET INSIGHTS, BY APPLICATIONS
6.1 General Overview
6.1.1 Safety and Security
6.1.2 Smart Appliances
6.1.3 Heating Ventilating, Air Conditioning (HVAC)
6.1.4 Home Entertainment
6.1.5 Smart Lighting Systems
6.1.6 Smart Energy Management
7. SMART HOME MARKET INSIGHTS, BY TECHNOLOGY
7.1 General Introduction
7.2 Wireless Smart Home Technology
7.2.1 Wi-fi Technology
7.2.2 Bluetooth Technology
7.2.3 ZigBee Technology
7.2.4 Z- Wave Technology
7.2.5 Other Wireless Technology
7.3 Wired Smart Technology
7.3.1 Ethernet Technology
7.3.2 Power Line Communication
7.3.3 Fiber to Home Technology
7.3.4 Other Wired Technology
8. SMART HOME MARKET INSIGHTS, BY END-USERS
8.1 General Overview
8.2 Residential End-Users
8.2.1 Luxury Homes
8.2.2 Mid-Range Apartments/Homes
8.2.3 Assisted Homes
8.2.4 Low Energy Homes
8.3 Commercial End Users
8.3.1 Smart Hotels
8.3.2 Smart Hospitals
8.3.3 Other Commercial Buildings
9. SMART HOME MARKET INSIGHTS, BY REGION
9.1 General Introduction
9.2 North America Smart Home Market
9.2.1 North America Smart Home Market, by Application
9.2.2 North America Smart Home Market, by Technology
9.2.2.1 North America Smart Home Market, by Wireless Technology
9.2.2.2 North America Smart Home Market, by Wired Technology
9.2.3 North America Smart Home Market, by End -Users
9.2.3.1 North America Residential Smart Home Market, by Type of Buildings
9.2.3.2 North America Commercial Smart Home Market, by Type of Buildings
9.3 European Smart Home Market Insights
9.3.1 Europe Smart Home Market, by Application
9.3.2 Europe Smart Home Market, by Technology
9.3.2.1 Europe Smart Home Market, by Wireless Technology
9.3.2.2 Europe Smart Home Market, by Wired Technology
9.3.3 Europe Smart Home Market, by End -Users
9.3.3.1 Europe Residential Smart Home Market, by Type of Buildings
9.3.3.2 Europe Commercial Smart Home Market, by Type of Buildings
9.4 Asia-Pacific Smart Home Market Insights
9.4.1 Asia Pacific Smart Home Market, by Application
9.4.2 Asia Pacific Smart Home Market, by Technology
9.4.2.1 Asia Pacific Smart Home Market, by Wireless Technology
9.4.2.2 Asia Pacific Smart Home Market, by Wired Technology
9.4.3 Asia Pacific Smart Home Market, by End -Users
9.4.3.1 Asia Pacific Residential Smart Home Market, by Type of Buildings
9.4.3.2 Asia Pacific Commercial Smart Home Market, by Type of Buildings
9.5 Middle East & North Africa Smart Home Market Insights
9.5.1 MENA Smart Home Market, by Application
9.5.2 MENA Smart Home Market, by Technology
9.5.2.1 MENA Smart Home Market, by Wireless Technology
9.5.2.2 MENA Smart Home Market, by Wired Technology
9.5.3 MENA Smart Home Market, by End -Users
9.5.3.1 MENA Residential Smart Home Market, by Type of Buildings
9.5.3.2 MENA Commercial Smart Home Market, by Type of Buildings
9.6 Latin America Smart Home Market Insights
9.6.1 Latin America Smart Home Market, by Application
9.6.2 Latin America Smart Home Market, by Technology
9.6.2.1 Latin America Smart Home Market, by Wireless Technology
9.6.2.2 Latin America Smart Home Market, by Wired Technology
9.6.3 Latin America Smart Home Market, by End -Users
9.6.3.1 Latin America Residential Smart Home Market, by Type of Buildings
9.6.3.2 Latin America Commercial Smart Home Market, by Type of Buildings
10. COMPETITIVE SCENARIO
10.1 Porter’s five forces analysis
10.1.1 Bargaining Power of Suppliers
10.1.2 Bargaining Power of Buyers
10.1.3 Threat of New Entrants
10.1.4 Threat of Substitutes
10.1.5 Intensity of Rivalry
10.2 Global Smart Home Market Share Analysis, 2017
10.2.1 Smart Safety & Security Market Share, by Company 2017
10.2.2 Smart Home Entertainment Appliances Market Share, by Company 2017
10.2.3 Lighting & Control System Market Share, by Company 2017
10.2.4 Smart Thermostats & Home Appliances Market Share, by Company 2017
11. COMPANY PROFILES
11.1 Haier Electronics
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Key Product/Services Offerings
11.1.4 SWOT Analysis
11.1.5 Key Financials
11.1.5.1 Revenue Split
11.1.6 Recent Developments
11.2 ABB Limited
11.3 Acuity Brands, Inc.
11.4 AMX, LLC
11.5 ASSA ABLOY
11.6 Cisco Systems, Inc.
11.7 Control4 Corporation
11.8 Crestron Electronics Inc.
11.9 Deutsche Telekom AG
11.10 Emerson Electric Co.
11.11 General Electric Company
11.12 Honeywell International Inc.
11.13 IBM Corporation
11.14 LG Electronics Inc.
11.15 Monitronics International Inc.
11.16 Schneider Electric S.E.
11.17 Siemens AG
11.18 Samsung Electronics Co., Ltd.
11.19 United Technologies Corporation
11.20 Vivint, Inc.
TABLE 2 Comparative Analysis on Wireless Technology, Z-Wave, ZigBee and Bluetooth Mesh 73
TABLE 3 Haier Electronics Key Facts 140
TABLE 4 Product segmentation of Haier Electronics 141
TABLE 5 Haier Electronics Growth Strategy 141
TABLE 6 Haier Electronics Financials, US$ Mn 142
TABLE 7 ABB Limited Key Facts 144
TABLE 8 Product Segmentation of ABB Limited 145
TABLE 9 ABB Limited Growth Strategy 145
TABLE 10 ABB Limited Financials, US$ Mn 146
TABLE 11 Acuity Brands SE Key Facts 149
TABLE 12 Product segmentation of Acuity Brands, Inc. 150
TABLE 13 Acuity Brands, Inc. Growth Strategy 150
TABLE 14 Acuity Brands, Inc. Financials, US$ Mn 151
TABLE 15 AMX, LLC Key Facts 153
TABLE 16 Product Segmentation of AMX, LLC 154
TABLE 17 AMX, LLC Growth Strategy 154
TABLE 18 ASSA ABLOY Key Facts 156
TABLE 19 Product Segmentation of ASSA ABLOY 157
TABLE 20 ASSA ABLOY Growth Strategy 157
TABLE 21 ASSA ABLOY Financials, US$ Mn 158
TABLE 22 Cisco Systems, Inc. Key Facts 160
TABLE 23 Product Segmentation of Cisco Systems 161
TABLE 24 Cisco Systems Growth Strategy 161
TABLE 25 Cisco Systems Financials, US$ Mn 162
TABLE 26 Control4 Corporation Key Facts 164
TABLE 27 Product Segmentation of Control4 Corporation 165
TABLE 28 Control4 Corporation Growth Strategy 165
TABLE 29 Control4 Corporation Financials, US$ Mn 166
TABLE 30 Crestron Electronics, Inc. Key Facts 168
TABLE 31 Product Segmentation of Crestron Electronics, Inc. 169
TABLE 32 Crestron Electronics, Inc. Growth Strategy 169
TABLE 33 Deutsche Telekom AG Key Facts 171
TABLE 34 Product Segmentation of Deutsche Telekom AG 172
TABLE 35 Deutsche Telekom AG Growth Strategy 172
TABLE 36 Deutsche Telekom AG Financials, US$ Mn 173
TABLE 37 TABLE 1 Emerson Electric Co. Key Facts 175
TABLE 38 Product Segmentation of Emerson Electric Co. 176
TABLE 39 Emerson Electric Co. Growth Strategy 176
TABLE 40 Emerson Electric Co. Financials, US$ Mn 177
TABLE 41 General Electric Company Key Facts 179
TABLE 42 Product Segmentation of General Electric 180
TABLE 43 General Electric Growth Strategy 180
TABLE 44 General Electric Financials, US$ Mn 181
TABLE 45 Honeywell International Key Facts 184
TABLE 46 Product Segmentation of Honeywell International 185
TABLE 47 Honeywell International, Growth Strategy 185
TABLE 48 Honeywell International Financials, US$ Mn 186
TABLE 49 IBM Corporation Key Facts 189
TABLE 50 Product Segmentation of IBM Corporation 189
TABLE 51 IBM Corporation Growth Strategy 190
TABLE 52 IBM Corporation Financials, US$ Mn 191
TABLE 53 LG Electronics Inc. Key Facts 193
TABLE 54 Product Segmentation of LG Electronics Inc. 193
TABLE 55 LG Electronics Inc. Growth Strategy 194
TABLE 56 LG Electronics Inc. Financials, US$ Mn 195
TABLE 57 Monitronics International Inc. Key Facts 197
TABLE 58 Product Segmentation of Monitronics International 198
TABLE 59 Monitronics International Growth Strategy 198
TABLE 60 Monitronics International Financials, US$ Mn 199
TABLE 61 Schneider Electric S.E. Key Facts 200
TABLE 62 Product Segmentation of Schneider Electric S.E. 201
TABLE 63 Schneider Electric S.E. Growth Strategy 201
TABLE 64 Schneider Electric S.E. Financials, US$ Mn 202
TABLE 65 Siemens AG Key Facts 204
TABLE 66 Product Segmentation of Siemens AG 204
TABLE 67 Siemens AG Growth Strategy 205
TABLE 68 Siemens AG Financials, US$ Mn 206
TABLE 69 Samsung Electronics Key Facts 208
TABLE 70 Product Segmentation of Samsung Electronics 209
TABLE 71 Samsung Electronics Growth Strategy 209
TABLE 72 Samsung Electronics Financials, US$ Mn 210
TABLE 73 United Technologies Key Facts 213
TABLE 74 Product Segmentation of United Technologies 214
TABLE 75 United Technologies Growth Strategy 214
TABLE 76 United Technologies Financials, US$ Mn 215
TABLE 77 Vivint, Inc. Key Facts 217
TABLE 78 Product Segmentation of Vivint, Inc. 217
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