Smart Home M2M Market, Global Outlook and Forecast 2023-2030
The global Smart Home M2M market was valued at US$ 9034.9 million in 2022 and is projected to reach US$ 18240 million by 2029, at a CAGR of 10.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A smart home comprises of an internal network, home automation, and intelligent control. It is equipped with advanced and automated digital devices, home appliances, and equipment that are interconnected to each Others. This facilitates sophisticated monitoring and control over the building's functions. Smart home devices perform three major actions ? remote status checks, remote information, and remote control ? to implement any action from a remote location.
This report aims to provide a comprehensive presentation of the global market for Smart Home M2M, 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 M2M. This report contains market size and forecasts of Smart Home M2M in global, including the following market information:
- Global Smart Home M2M Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
During 2017, the energy management and climate control systems segment dominated the smart home M2M market and accounted for a major part of the overall market share. Factors such as the penetration of wireless internet and the growing awareness of cloud services among consumers are the major contributors to the dominance of this segment in the global market.
We surveyed the Smart Home M2M 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 M2M Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Smart Home M2M Market Segment Percentages, by Type, 2022 (%)
Global Smart Home M2M Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Smart Home M2M Market Segment Percentages, by Application, 2022 (%)
- Energy Management and Climate Control
- Security and Access Control
- Home Appliances
- Lighting Control
- Home Entertainment
- Healthcare Systems
- Others
Global Smart Home M2M Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Smart Home M2M Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Smart Home M2M revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Smart Home M2M revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- AT&T
- British Gas
- Cisco
- China Mobile
- Honeywell International
- Comcast
- Emerson
- Vodafone
- China Telecom
- China Unicom
- Google
- Samsung
- NETGEAR
- Haier
- Bosch
- Electrolux
- LG
- Panasonic
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Home M2M, market overview.
Chapter 2: Global Smart Home M2M market size in revenue.
Chapter 3: Detailed analysis of Smart Home M2M 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 M2M 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.
