The global smart home devices market size reached USD 84.52 Billion in 2021 and is expected to register a revenue CAGR of 10.4% during the forecast period, according to latest analysis by Emergen Research. The incorporation of lighting controllers with in-built data-connectivity technology is an important factor driving market revenue growth.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Smart Home Devices market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Smart Home Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
SAMSUNG, LG Electronics, Honeywell International Inc., Koninklijke Philips N.V, Amazon.com, Inc., Robert Bosch GmbH, Apple Inc, Panasonic Holdings Corporation, Sony Corporation
Emergen Research has segmented the global Smart Home Devices market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019–2030)
Fire Suppression
Lighting Control
Relays
Occupancy Sensors
Daylight Sensors
Timers
Dimmers
Switches
Accessories and Other Products
Security and Access Control
Video Surveillance
Hardware
Software/Video Analytics
Price Ranges
Access Control
Biometric Access Control
Non-Biometric Access Control
HVAC Control
Smart Thermostats
Sensors
Control Valves
Heating & Cooling Coils
Dampers
Actuators
Pumps & Fans
Smart Vents
Entertainment and Other Controls
Entertainment Control
Other Controls
Smart Speaker
Home Healthcare
Health Status Monitors
Physical Activity Monitors
Smart Kitchen
Smart Refrigerators
Smart Coffee Makers
Smart Kettles
Smart Dish Washers
Smart Ovens
Smart Cooktops
Smart Cookers
Home Appliances
Smart Washers
Smart Dryers
Smart Water Heaters
Smart Vacuum Cleaners
Smart Furniture
Smart Tables
Smart Desks
Smart Stools & Benches
Smart Sofas
Smart Chairs
Price Range Outlook (Revenue, USD Billion; 2019–2030)
Below USD 25 Smart Home Device
USD 25-50 Smart Home Device
Above USD 50 Smart Home Device
Sales Channel Outlook (Revenue, USD Billion; 2019–2030)
Online
Offline
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Smart Home Devices Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Smart Home Devices Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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