Smart Home Market, Global Outlook and Forecast 2023-2032
This report aims to provide a comprehensive presentation of the global market for Smart Home, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Home. This report contains market size and forecasts of Smart Home in global, including the following market information:
Global Smart Home Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Smart Home market was valued at US$ 74130 million in 2022 and is projected to reach US$ 115250 million by 2029, at a CAGR of 6.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Hardware Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Smart Home include Siemens AG, United Technologies Corporation, General Electric Company, Schneider Electric, Honeywell International, Ingersoll-Rand PLC, Johnson Controls, ABB and Legrand, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Home companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Home Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Smart Home Market Segment Percentages, by Type, 2022 (%)
Hardware
Software
Global Smart Home Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Smart Home Market Segment Percentages, by Application, 2022 (%)
Lighting Control
Security & Access Control
HVAC
Entertainment & Other Control
Home Healthcare
Smart Kitchen
Home Appliances
Global Smart Home Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Smart Home Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Home revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Smart Home revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens AG
United Technologies Corporation
General Electric Company
Schneider Electric
Honeywell International
Ingersoll-Rand PLC
Johnson Controls
ABB
Legrand
Samsung Electronics
Acuity Brands
Lutron Electronics
Leviton Manufacturing Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Home, market overview.
Chapter 2: Global Smart Home market size in revenue.
Chapter 3: Detailed analysis of Smart Home company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Home in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.