Smart Home Market Size, Growth, Trends, Company Analysis and Forecast 2020 to 2030

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Aug 24, 2020 (Profound via COMTEX) —
The Smart Home market report provides analysis for the period 2018-2030, where in the period from 2020 to 2030 is the forecast period and 2019 is the base year. The report covers all the major trends and key drivers playing a major role in Smart Home market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence market’s growth during the forecast period. The study provides a holistic perspective on the Smart Home market’s growth throughout the above mentioned forecast period in terms of revenue (in US$ Bn), across different geographies, including Asia Pacific, South America, North America, Europe, and Middle East amp; Africa (MEA).

The market overview section of the report demonstrates the market dynamics and trends that influence the current nature and future status of this market. An attractiveness analysis has also been provided for every geographic region in the report, in order to give a thorough analysis of the overall competitive scenario of the Smart Home market. Moreover, the report provides an overview of the various strategies adopted by key players of Smart Home present in the market. Product definition and introduction chapter helps in understanding different Connectivity of Smart Home used across all the regions.

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The report provides in-depth cross-segment analysis of the Smart Home market and classifies it into various levels, thereby providing valuable insights at the macro as well as micro levels. Moreover, report also provides in depth study of size of Smart Home market.

Precedence Research not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.

In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of segments. The report analyzes the global Smart Home market in terms of value (US$ lsquo;000) and volume (Mn Units).

The global smart home market is segmented based on component and geography. Based on component, the global smart home market is segmented into solutions and services. The solutions segment is further segmented into security, lighting, entertainment, energy management, HVAC, smart appliances, others. The security segment is sub-segmented into video surveillance systems and access control systems. The lighting segment in segmented into light sensors, occupancy sensors, switches, dimmers, and others. The HVAC segment in sub-segmented into smart thermostats, smart vents, dampers and actuators, and others.The smart appliances segment is sub-segmented into smart refrigerator, smart ovens, smart coffee makers, smart dishwashers, and others. Based on geography, the global smart home market is segmented into North America, Europe, Asia Pacific, Middle East amp; Africa, and South America.

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Competitive Landscape

The report has engulfed a chapter on the global Smart Home market’s competitive landscape, which provides detailed analysis and insights on companies offering Smart Home. Profiles of key companies, along with a strategic overview of their Mamp;A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach. This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

Major players active in the global smart home market include ABB,, Inc., AMX LLC, Apple Inc., Axis Communication AB, Control4 Corporation, Crestron Electronics, Inc., Emerson Electric Co., Google LLC, Honeywell International Inc., Ingersoll-Rand PLC, Legrand S.A., Legrand S.A., Legrand, LG Electronics, Lutron Electronics, Inc., Robert Bosch GmbH, Samsung, Schneider Electric, Siemens AG, Sony Corporation, and Tyco International plc.

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