HOME Top Market Reports Smart Home Market by Product (Lighting Control (Timer, Daylight Sensor, Occupancy Sensor), Security & Access Control, HVAC, Entertainment, Home Healthcare and Smart Kitchen), Software & Service (Behavioral, Proactive), and Geography - Global Forecast to 2022

Smart Home Market by Product (Lighting Control (Timer, Daylight Sensor, Occupancy Sensor), Security & Access Control, HVAC, Entertainment, Home Healthcare and Smart Kitchen), Software & Service (Behavioral, Proactive), and Geography - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: May 2016
Report Code: SE 3172

 

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The smart home market is expected to reach USD 121.73 Billion by 2022, at a CAGR of 14.07% between 2016 and 2022. The report aims at estimating the market size and future growth potential of the smart home market based on different products, software and services, and geography.

The base year considered for the study is 2015 and the market forecast has been provided for the period between 2016 and 2022.

The smart home market has been classified on the basis of products into lighting control, security & access control, HVAC control, entertainment & controls, home healthcare, and smart kitchen. The market has been segmented on the basis of software and service into behavioral and proactive solutions.

The market on the basis of geography has been segmented into North America, Europe, APAC, and RoW. The growth of this market is expected to be high considering the increasing demand for lighting, entertainment controls, and home healthcare. Also, considering the convenience benefits and real-time energy consumption feedback achieved using proactive solutions, the installation rate of smart home systems is expected to increase during the forecast period.

The research methodology used to estimate and forecast the smart home market began with capturing data on key vendor revenue through the secondary research. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global smart home market from the revenue of key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through the primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives.

The market breakdown and data triangulation procedure has been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the figure below:

Smart Homes Market

To know about the assumptions considered for the study, download the pdf brochure

The smart home ecosystem includes component manufacturers, device manufacturers, technology providers, software/service providers, smart home system distributors, and end users as important elements. Nest Labs, Inc. (U.S.), Honeywell International Inc. (U.S.), The ASSA ABLOY Group (Sweden), and Acuity Brands, Inc. (U.S.) are some of the prominent device manufacturers. Honeywell Life Care Solutions (U.S.), Vivint, Inc. (U.S.), Ecofactor (U.S.), Comcast Xfinity (U.S.), ADT Corporation (U.S.), and Time Warner Cable (U.S.) are among the significant software/service providers. The smart home market comprises major market players such as Honeywell International Inc. (U.S.), Legrand (France), Ingersoll-Rand plc. (Ireland), Johnson Controls Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), ABB Ltd. (Switzerland), Acuity Brands, Inc. (U.S.), United Technologies Corporation (U.S.), Samsung Electronics Co., Ltd. (South Korea), Nest Labs, Inc. (U.S.), and Crestron Electronics, Inc. (U.S.).

Target Audience of the Report:

  • Automation & control vendors
  • Automation & control networking technology vendors
  • Real estate builders
  • System integrators
  • Home owners
  • Project consultants
  • Designers/consultants (HVAC, security, and fire & safety)
  • Component manufacturers (sensors & controls)
  • Software and solution providers
  • Home management systems (product & service providers)
  • Associations & standards
  • Government bodies involved in green buildings
  • Smart home providers who want to know more about home automation system and latest technological developments in this market

Scope of the Report

The research report segments the smart home market into following submarkets:

Protocol & Technologies Used:

  • Network technologies
  • Protocols & standards
  • Wireless communication technologies

Market, by Product:

  • Lighting control
  • Security & Access control
  • HVAC control
  • Entertainment control
  • Home healthcare
  • Smart kitchen
  • Others (Smart Meter, smart plug, smart hub, smart lock, smoke detector)

Market, by Software and Service:

  • Behavioral
  • Proactive

Available customizations:

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix which gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Design (Page No. - 24)
    2.1 Factor Analysis
           2.1.1 Demand-Side Analysis
                    2.1.1.1 Growing Demand From Real Estate Industry
                    2.1.1.2 Increased Demand for Security and Access Control Products Due to Increasing Crime Rate
           2.1.2 Supply Side Analysis
                    2.1.2.1 Prices of Smart Home Solutions is Expected to Reduce Due to High Growth in Wireless Technologies & IoT
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Market Share Estimation
           2.4.1 Secondary Data
                    2.4.1.1 Key Data From Secondary Sources
           2.4.2 Primary Data
                    2.4.2.1 Key Data From Primary Sources
                    2.4.2.2 Key Industry Insights
                    2.4.2.3 Breakdown of Primaries
    2.5 Assumptions

3 Executive Summary (Page No. - 38)

4 Premium Insights (Page No. - 43)
    4.1 Attractive Opportunities in the Smart Home Market
    4.2 Smart Home Market - Top Products
    4.3 Smart Home Market, By Product and Region
    4.4 Smart Home Market, By Region (2015)
    4.5 Smart Home Market Size Based on Software and Service

5 Market Overview (Page No. - 48)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
           5.3.1 Smart Home Market, By Product
                    5.3.1.1 Smart Home Market, By Lighting Control
                    5.3.1.2 Market, By Security and Access Control
                    5.3.1.3 Market, By HVAC Control
                    5.3.1.4 Market, By Entertainment Control
                    5.3.1.5 Market, By Home Healthcare
                    5.3.1.6 Market, By Smart Kitchen
           5.3.2 Technology and Protocols Used in Smart Homes
           5.3.3 Smart Home Market, By Software & Service
           5.3.4 Market, By Region
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Significant Advancements in the IoT Market
                    5.4.1.2 Increasing Need of the Consumer for Convenience, Safety, and Security
                    5.4.1.3 Rising Need for Energy Saving and Low Carbon Emission-Oriented Solutions
                    5.4.1.4 Large Number of Manufacturers Expanding Their Product Portfolios
           5.4.2 Restraints
                    5.4.2.1 Many Products of Smart Homes Have Reached Maturity in Certain Regions
                    5.4.2.2 Issues Relating to Breach in Security and Privacy
           5.4.3 Opportunities
                    5.4.3.1 Strong Initiatives From Various Government to Promote Green Building and Green Cities
                    5.4.3.2 Power-Line Communication Technology to Be the Future in Smart Homes
           5.4.4 Challenges
                    5.4.4.1 Linking Disparate System, Limited Functionality, and Lack of Open Standards

6 Industry Trends (Page No. - 63)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Supply Chain Analysis
    6.4 Porter’s Five Forces Model
           6.4.1 Threat of New Entrants
           6.4.2 Threat of Substitutes
           6.4.3 Bargaining Power of Suppliers
           6.4.4 Bargaining Power of Buyers
           6.4.5 Intensity of Competitive Rivalry

7 Protocols & Technologies Used in Smart Homes (Page No. - 73)
    7.1 Introduction
    7.2 Cellular Network Technologies
           7.2.1 CDMA Networks
           7.2.2 GSM/HSPA Networks
           7.2.3 LTE Networks
    7.3 Protocols & Standards
           7.3.1 Digital Addressable Lighting Interface (DALI)
           7.3.2 National Electrical Manufacturers Association (NEMA)
           7.3.3 KNX
           7.3.4 Digital Multiplexer (DMX)
           7.3.5 LonWorks
           7.3.6 Ethernet
           7.3.7 Modbus
           7.3.8 Building Automation and Control Network (BACnet)
           7.3.9 Black Box
           7.3.10 Power Line Communication (PLC)
    7.4 Wireless Communication Technologies
           7.4.1 ZigBee
           7.4.2 Z-wave
           7.4.3 Wi-Fi
           7.4.4 Bluetooth
           7.4.5 EnOcean
           7.4.6 Thread
           7.4.7 Infrared

8 Smart Home Market, By Product (Page No. - 83)
    8.1 Lighting Control
           8.1.1 Introduction
           8.1.2 Market Drivers
                    8.1.2.1 Demand for Energy-Efficient Lighting Solutions
                    8.1.2.2 Reduction in Costs By Conserving Energy, Thereby Increasing the Lamp Life
           8.1.3 Market Restraints
                    8.1.3.1 Compatibility Issues are Hurdle in the Path of Lighting Controls
                    8.1.3.2 Lack of Awareness About the Benefits of Lighting Controls
           8.1.4 Market Oppurtunities
                    8.1.4.1 Consumer Perception is Undergoing A Paradigm Shift
                    8.1.4.2 Mood Lighting Provides A Major Opportunity in Lighting Controls
           8.1.5 Relays
           8.1.6 Occupancy Sensors
           8.1.7 Daylight Sensors
           8.1.8 Timers
           8.1.9 Dimmers
           8.1.10 Switches
           8.1.11 Accessories and Other Products
    8.2 Security and Access Control
           8.2.1 Introduction
           8.2.2 Drivers
                    8.2.2.1 Increasing Crime Rates Propel the Home Owners to Enhance Security
                    8.2.2.2 Growth of Smartphone and Tablets Market Would Have A Huge Impact on Residential Security
                    8.2.2.3 Multi-Level/Multi-Factor Authentication Would Enhance the Authentication; Providing High Level of Security
           8.2.3 Restraint
                    8.2.3.1 Privacy Issues – Private Information May Get Hacked
           8.2.4 Opportunities
                    8.2.4.1 Biometrics Technologies are the Future of Security Market
           8.2.5 Video Surveillance
                    8.2.5.1 Hardware
                                8.2.5.1.1 Security Cameras
                                8.2.5.1.2 Storage Devices
                                8.2.5.1.3 Monitors
                                8.2.5.1.4 Accessories
                    8.2.5.2 Software/Video Analytics
                    8.2.5.3 Services
           8.2.6 Access Control
                    8.2.6.1 Biometric Access Control
                                8.2.6.1.1 Facial Recognition
                                8.2.6.1.2 Iris Recognition
                                8.2.6.1.3 Fingerprint Recognition
                                8.2.6.1.4 Others
                    8.2.6.2 Non-Biometric Access Control
    8.3 HVAC Control
           8.3.1 Introduction
           8.3.2 Market Drivers
                    8.3.2.1 Flexibility and Ease of Accessing HVAC Systems
                    8.3.2.2 Reducing Long-Term Energy Costs Through Efficiency Incompetent Hardware, Integrated Control Systems, and Management Services
           8.3.3 Market Restraints
                    8.3.3.1 Interoperability and Standardization are the Major Restraints for HVAC Systems
           8.3.4 Market Opportunity
                    8.3.4.1 Innovation in Development of Sensors and Controls Expected to Catalyze the Market
           8.3.5 Smart Thermostats
           8.3.6 Sensors
           8.3.7 Control Valves
           8.3.8 Heating and Cooling Coils
           8.3.9 Dampers
           8.3.10 Actuators
           8.3.11 Pumps & Fans
           8.3.12 Smart Vents
    8.4 Entertainment and Other Controls
           8.4.1 Introduction
           8.4.2 Market Drivers
                    8.4.2.1 Changing Lifestyle
                    8.4.2.2 Enhanced Comfort
           8.4.3 Market Restraint
                    8.4.3.1 High Cost Can Hinder the Growth of Entertainment Systems
           8.4.4 Market Opportunity
                    8.4.4.1 3d Gesture-Based Remote Control is the Next Big Thing in Entertainment Controls
           8.4.5 Entertainment Control
                    8.4.5.1 Audio, Volume, & Multimedia Controls
                    8.4.5.2 Home Theater System Controls
                    8.4.5.3 Touchscreens and Keypads
           8.4.6 Other Controls
                    8.4.6.1 Smart Meters
                    8.4.6.2 Smart Plugs
                    8.4.6.3 Smart Hubs
                    8.4.6.4 Smart Locks
                    8.4.6.5 Smoke Detectors
    8.5 Home Healthcare
           8.5.1 Introduction
                    8.5.1.1 Health Monitor
                    8.5.1.2 Therapeutic Products
                    8.5.1.3 Physical Activity Monitor
           8.5.2 Market Drivers
                    8.5.2.1 Increasing Awareness About Fitness and Rise in Disposable Incomes in Developing Economies
                    8.5.2.2 Changing Demographics to Positively Affect the Home Health Systems
           8.5.3 Market Restraint
                    8.5.3.1 Lack of Awareness and General Healthcare Facilities
           8.5.4 Opportunity
                    8.5.4.1 Emerging Smart Wearables Market to Drive Home Healthcare
    8.6 Smart Kitchen
           8.6.1 Introduction
                    8.6.1.1 Smart Refrigerator
                    8.6.1.2 Smart Coffee Maker
                    8.6.1.3 Smart Kettle
                    8.6.1.4 Smart Dishwasher
                    8.6.1.5 Smart Deep Freezer
                    8.6.1.6 Smart Oven
                    8.6.1.7 Smart Cooktop
                    8.6.1.8 Smart Cooker
           8.6.2 Drivers
                    8.6.2.1 Rising Energy Prices Would Increase the Adoption of Smart Kitchen Appliances
                    8.6.2.2 Changing Lifestyle and Preferences of Consumers
           8.6.3 Restraint
                    8.6.3.1 High Prices of Smart Kitchen Appliances
           8.6.4 Opportunity
                    8.6.4.1 Emerging Nation to Drive the Smart Kitchen Market in Coming Years

9 Smart Home Market, By Software & Service (Page No. - 166)
    9.1 Introduction
    9.2 Behavioral
    9.3 Proactive

10 Regional Analysis (Page No. - 170)
     10.1 Introduction
     10.2 North America
              10.2.1 Regulatory Frameworks
                         10.2.1.1 Associations
                         10.2.1.2 Regulations and Acts
     10.3 Europe
              10.3.1 Regulatory Frameworks
     10.4 Asia-Pacific
              10.4.1 Regulatory Frameworks
     10.5 Rest of the World
              10.5.1 Regulatory Frameworks

11 Competitive Landscape (Page No. - 201)
     11.1 Overview
     11.2 Market Share Analysis, Smart Home Market
     11.3 Competitive Situation and Trends
              11.3.1 New Product Launches
              11.3.2 Contracts, Collaborations, and Agreements
              11.3.3 Mergers and Acquisitions

12 Company Profiles (Page No. - 207)
(Overview, Products and Services, Financials, Strategy & Development)*
     12.1 Introduction
     12.2 Honeywell International Inc.
     12.3 Siemens AG
     12.4 Schneider Electric SE
     12.5 Johnson Controls Inc.
     12.6 Samsung Electronics Co., Ltd.
     12.7 Legrand
     12.8 ABB Ltd.
     12.9 Acuity Brands, Inc.
     12.10 Crestron Electronics, Inc.
     12.11 United Technologies Corporation
     12.12 Ingersoll Rand PLC
     12.13 Nest Labs Inc.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 242)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports


List of Tables (144 Tables)

Table 1 Smart Home Market for Entertainment & Other Controls, By Type,2013–2022 (USD Billion)
Table 2 Average Energy Savings Potential From Lighting Controls
Table 3 Driver Analysis
Table 4 Restraint Analysis
Table 5 Opportunity Analysis
Table 6 Challenge Analysis
Table 7 Prominent Companies in the Smart Homes Market
Table 8 Smart Home Market for Lighting Control, By Product,2013–2022 (USD Million)
Table 9 Smart Home Market for Lighting Control, By Region,2013–2022 (USD Million)
Table 10 Smart Home Market for Lighting Control, By Product,2013–2022 (Thousand Units)
Table 11 Market for Lighting Control, By Region,2013–2022 (Thousand Units)
Table 12 Smart Home Market for Relays, By Region, 2013–2022 (USD Million)
Table 13 Market for Relays, By Region, 2013–2022 (Thousand Units)
Table 14 Smart Home Market for Occupancy Sensors, By Region,2013–2022 (USD Million)
Table 15 Market for Occupancy Sensors, By Region,2013–2022 (Thousand Units)
Table 16 Smart Home Market for Daylight Sensors, By Region,2013–2022 (USD Million)
Table 17 Market for Daylight Sensors, By Region,2013–2022 (Thousand Units)
Table 18 Smart Home Market for Timers, By Region, 2013–2022 (USD Million)
Table 19 Market for Timers, By Region, 2013–2022 (Thousand Units)
Table 20 Smart Home Market for Dimmers, By Region, 2013–2022 (USD Million)
Table 21 Smart Home Market for Dimmers, By Region,2013–2022 (Thousand Units)
Table 22 Smart Home Market for Switches, By Region, 2013–2022 (USD Million)
Table 23 Smart Home Market for Switches, By Region,2013–2022 (Thousand Units)
Table 24 Smart Home Market for Global Accessories & Other Products, By Region, 2013–2022 (USD Million)
Table 25 Smart Home Market for Global Accessories & Other Products, By Region, 2013–2022 (Thousand Units)
Table 26 Smart Home Market for Security and Access Control, By Product,2013–2022 (USD Million)
Table 27 Market for Security and Access Control, By Region,2013–2022 (USD Million)
Table 28 Smart Home Market for Security and Access Control, By Product,2013–2022 (Thousand Units)
Table 29 Smart Home Market for Security and Access Control, By Region,2013–2022 (Thousand Units)
Table 30 Security and Access Control Market for Video Surveillance, By Type, 2013–2022 (USD Million)
Table 31 Security and Access Control Market for Video Surveillance, By Region, 2013–2022 (USD Million)
Table 32 Security and Access Control Market for Video Surveillance, By Region, 2013–2022 (Thousand Units)
Table 33 Security and Access Control Market for Access Control, By Type,2013–2022 (USD Million)
Table 34 Security and Access Control Market for Access Control, By Region, 2013–2022 (USD Million)
Table 35 Security and Access Control Market for Access Control, By Type,2013–2022 (Thousand Units)
Table 36 Security and Access Control Market for Access Control, By Region, 2013–2022 (Thousand Units)
Table 37 Security and Access Control Market for Biometric Access Control, By Type, 2013–2022 (USD Million)
Table 38 Security and Access Control Market for Biometric Access Control, By Region, 2013–2022 (USD Million)
Table 39 Security and Access Control Market for Biometric Access Control, By Type, 2013–2022 (Thousand Units)
Table 40 Security and Access Control Market for Biometric Access Control, By Region, 2013–2022 (Thousand Units)
Table 41 Security and Access Control Market for Non-Biometric Access Control, By Region, 2013–2022 (USD Million)
Table 42 Security and Access Control Market for Non-Biometric Access Control, By Region, 2013–2022 (Thousand Units)
Table 43 Market for HVAC Control, By Product,2013–2022 (USD Million)
Table 44 Smart Home Market for HVAC Control, By Region,2013–2022 (USD Million)
Table 45 Market for HVAC Control, By Product,2013–2022 (Thousand Units)
Table 46 Smart Home Market for HVAC Control, By Region,2013–2022 (Thousand Units)
Table 47 HVAC Control Market for Smart Thermostats, By Region,2013–2022 (USD Million)
Table 48 HVAC Control Market for Smart Thermostats, By Region,2013–2022 (Thousand Units)
Table 49 HVAC Control Market for Sensors, By Region, 2013–2022 (USD Million)
Table 50 HVAC Control Market for Sensors, By Region,2013–2022 (Thousand Units)
Table 51 HVAC Control Market for Control Valves, By Region,2013–2022 (USD Million)
Table 52 HVAC Control Market for Control Valves, By Region,2013–2022 (Thousand Units)
Table 53 HVAC Control Market for Heating & Cooling Coils, By Region,2013–2022 (USD Million)
Table 54 HVAC Control Market for Heating & Cooling Coils, By Region,2013–2022 (Thousand Units)
Table 55 HVAC Control Market for Dampers, By Region, 2013–2022 (USD Million)
Table 56 HVAC Control Market for Dampers, By Region,2013–2022 (Thousand Units)
Table 57 HVAC Control Market for Actuators, By Region,2013–2022 (USD Million)
Table 58 HVAC Control Market for Actuators, By Region,2013–2022 (Thousand Units)
Table 59 HVAC Control Market for Pumps & Fans, By Region,2013–2022 (USD Million)
Table 60 HVAC Control Market for Pumps & Fans, By Region,2013–2022 (Thousand Units)
Table 61 HVAC Control Market for Smart Vents, By Region,2013–2022 (USD Million)
Table 62 HVAC Control Market for Smart Vents, By Region,2013–2022 (Thousand Units)
Table 63 Smart Home Market for Entertainment & Other Controls, By Type,2013–2022 (USD Billion)
Table 64 Market for Entertainment & Other Controls, By Type,2013–2022 (Million Units)
Table 65 Market for Entertainment & Other Controls, By Region, 2013–2022 (USD Million)
Table 66 Smart Home Market for Entertainment & Other Controls, By Region, 2013–2022 (Thousand Units)
Table 67 Entertainment & Other Controls Market for Entertainment Control, By Product, 2013–2022 (USD Billion)
Table 68 Entertainment & Other Controls Market for Entertainment Control, By Product, 2013–2022 (Million Units)
Table 69 Entertainment & Other Controls Market for Entertainment Control, By Region, 2013–2022 (USD Million)
Table 70 Entertainment & Other Controls Market for Entertainment Control, By Region, 2013–2022 (Million Units)
Table 71 Entertainment Control Market for Audio, Volume, & Multimedia Controls, By Region, 2013–2022 (USD Million)
Table 72 Entertainment Control Market for Audio, Volume, & Multimedia Room Controls, By Region, 2013–2022 (Million Units)
Table 73 Entertainment Control Market for Home Theater System Controls, By Region, 2013–2022 (USD Million)
Table 74 Entertainment Control Market for Home Theater System Controls, By Region, 2013–2022 (Thousand Units)
Table 75 Entertainment Control Market for Touchscreens & Keypads, By Region, 2013–2022 (USD Million)
Table 76 Entertainment Control Market for Touchscreens & Keypads, By Region, 2013–2022 (Thousand Units)
Table 77 Entertainment & Other Controls Market for Other Controls, By Product, 2013–2022 (USD Million)
Table 78 Entertainment & Other Controls Market for Other Controls, By Product, 2013–2022 (Million Units)
Table 79 Entertainment & Other Controls Market for Other Controls, By Region, 2013–2022 (USD Million)
Table 80 Entertainment & Other Controls Market for Other Controls, By Region, 2013–2022 (Thousand Units)
Table 81 Other Controls Market for Smart Meters, By Region,2013–2022 (USD Million)
Table 82 Other Controls Market for Smart Meters, By Region,2013–2022 (Thousand Units)
Table 83 Other Controls Market for Smart Plugs, By Region,2013–2022 (USD Million)
Table 84 Other Controls Market for Smart Plugs, By Region,2013–2022 (Thousand Units)
Table 85 Other Controls Market for Smart Hubs, By Region,2013–2022 (USD Million)
Table 86 Other Controls Market for Smart Hubs Market Size, By Region,2013–2022 (Thousand Units)
Table 87 Other Controls Market for Smart Locks, By Region,2013–2022 (USD Million)
Table 88 Other Controls Market for Smart Locks, By Region,2013–2022 (Thousand Units)
Table 89 Other Controls Market for Smoke Detectors, By Region,2013–2022 (USD Million)
Table 90 Other Controls Market for Smoke Detectors, By Region,2013–2022 (Million Units)
Table 91 Home Healthcare Market, By Product, 2013–2022 (USD Million)
Table 92 Home Healthcare Market, By Product, 2013–2022 (Thousand Units)
Table 93 Home Healthcare Market, By Region, 2013–2022 (USD Million)
Table 94 Home Healthcare Market, By Region, 2013–2022 (Thousand Units)
Table 95 Smart Kitchen Market, By Product, 2013–2022 (USD Million)
Table 96 Smart Kitchen Market, By Product, 2013–2022 (Thousand Units)
Table 97 Smart Kitchen Market, By Region, 2013–2022 (USD Million)
Table 98 Smart Kitchen Market, By Region, 2013–2022 (Thousand Units)
Table 99 Smart Home Market for Software and Service, By Type,2013–2022 (USD Billion)
Table 100 Smart Home Market, By Region, 2013–2022 (USD Million)
Table 101 Market, By Region, 2013–2022 (Thousands Units)
Table 102 Market in North America, By Country,2013–2022 (USD Million)
Table 103 Lighting Control Market in North America, By Product,2013–2022 (USD Million)
Table 104 Security & Access Control Market in North America, By Product,2013–2022 (USD Million)
Table 105 Access Control Market in North America, By Type,2013–2022 (USD Million)
Table 106 HVAC Control Market in North America, By Product,2013–2022 (USD Million)
Table 107 Entertainment & Other Control Market in North America, By Type,2013–2022 (USD Million)
Table 108 Entertainment Control Market in North America, By Product,2013–2022 (USD Million)
Table 109 Other Controls Market in North America, By Product,2013–2022 (USD Million)
Table 110 Home Healthcare Market in North America, By Product,2013–2022 (USD Million)
Table 111 Smart Kitchen Market in North America, By Product,2013–2022 (USD Million)
Table 112 Smart Home Market in Europe, By Geography, 2013–2022 (USD Million)
Table 113 Lighting Control Market in Europe, By Product,2013–2022 (USD Million)
Table 114 Security & Access Control Market in Europe, By Product,2013–2022 (USD Million)
Table 115 Access Control Market in Europe, By Type, 2013–2022 (USD Million)
Table 116 HVAC Control Market in Europe, By Product, 2013–2022 (USD Million)
Table 117 Entertainment & Other Controls Market in Europe, By Type,2013–2022 (USD Million)
Table 118 Entertainment Control Market in Europe, By Product,2013–2022 (USD Million)
Table 119 Other Controls Market in Europe, By Product, 2013–2022 (USD Million)
Table 120 Home Healthcare Market in Europe, By Product,2013–2022 (USD Million)
Table 121 Smart Kitchen Market in Europe By Product, 2013–2022 (USD Million)
Table 122 Smart Home Market in APAC, By Geography, 2013–2022 (USD Million)
Table 123 Lighting Control Market in APAC, By Product, 2013–2022 (USD Million)
Table 124 Security & Access Control Market in APAC, By Product,2013–2022 (USD Million)
Table 125 Access Control Market in APAC, By Type, 2013–2022 (USD Million)
Table 126 HVAC Control Market in APAC, By Product, 2013–2022 (USD Million)
Table 127 Entertainment & Other Controls Market in APAC, By Type,2013–2022 (USD Million)
Table 128 Entertainment Control Market in APAC, By Product,2013–2022 (USD Million)
Table 129 Other Controls Market in APAC, By Product, 2013–2022 (USD Million)
Table 130 Home Healthcare Market in APAC, By Product, 2013–2022 (USD Million)
Table 131 Smart Kitchen Market in APAC By Product, 2013–2022 (USD Million)
Table 132 Smart Home Market in RoW, By Region, 2013–2022 (USD Million)
Table 133 Lighting Control Market in RoW, By Product, 2013–2022 (USD Million)
Table 134 Security & Access Control Market in RoW, By Product,2013–2022 (USD Million)
Table 135 Access Control Market in RoW, By Type, 2013–2022 (USD Million)
Table 136 HVAC Control Market in RoW, By Product, 2013–2022 (USD Million)
Table 137 Entertainment & Other Controls Market in RoW, By Type,2013–2022 (USD Million)
Table 138 Entertainment Control Market in RoW, By Product,2013–2022 (USD Million)
Table 139 Other Controls Market in RoW, By Product, 2013–2022 (USD Million)
Table 140 Home Healthcare Market in RoW, By Product, 2013–2022 (USD Million)
Table 141 Smart Kitchen Market in RoW By Product, 2013–2022 (USD Million)
Table 142 New Product Launches, 2015–2016
Table 143 Contracts, Collaborations and Agreements, 2015–2016
Table 144 Mergers and Acquisitions, 2014–2016
 
 
List of Figures (91 Figures)
 
Figure 1 Markets Segments
Figure 2 Smart Home Market: Research Design
Figure 3 Estimated Size of Real Estate in (USD Trillion)
Figure 4 Growing Crime Rates in Developed Countries
Figure 5 Growth in Wireless Technologies Expected to Impact Supply Side
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Smart Home Market: Data Triangulation Model
Figure 9 Smart Home Market Snapshot (USD Billion), 2013–2022
Figure 10 Smart Home Market, Market Share (2015)
Figure 11 Video Surveillance to Dominate the Security and Access Control Market By 2022
Figure 12 HVAC Control Market Snapshot, 2015 vs. 2022 (USD Million)
Figure 13 Smart Home Market to Grow at A Significant Rate Between2016 and 2022
Figure 14 Entertainment and Other Control Products Expected to Hold the Largest Market Share During the Forecast Period
Figure 15 North America Held the Largest Share of the Smart Home Market in 2015
Figure 16 APAC Expected to Grow at the Highest Rate By 2022
Figure 17 Proactive Type to Hold the Largest Share of the Software & Service Market By 2022
Figure 18 Evolution of the Smart Homes Market
Figure 19 Regions Considered
Figure 20 Drivers, Restraints, Opportunities, and Challenges for the Smart Home Market
Figure 21 Smart Home Value Chain
Figure 22 Supply Chain of Major Players in the Smart Homes Market
Figure 23 Porter’s Five Forces Analysis, 2015
Figure 24 Porter’s Analysis: Smart Home Market
Figure 25 Medium Threat of New Entrants
Figure 26 Low Threat of Substitutes
Figure 27 Medium Bargaining Power of Suppliers
Figure 28 Medium High Bargaining Power of Buyers
Figure 29 High Intensity of Competitive Rivalry
Figure 30 Smart Home Protocols & Technologies
Figure 31 A Simple GSM/HSPA Network Set-Up
Figure 32 Wiring for DALI Fluorescent Dimming
Figure 33 Lonworks Network Setup
Figure 34 Types of Wireless Communication Technologies
Figure 35 Different Types of Lighting Control Products
Figure 36 Occupancy Sensors to Lead Market for Lighting Control During the Forecast Period
Figure 37 North America Held Highest Market in Relays in 2015
Figure 38 North America Dominated the Occupancy Sensors Market in 2015
Figure 39 North America Dominated the Daylight Sensor Market in 2015
Figure 40 North America Dominated the Timers Market in 2015
Figure 41 APAC Expected to Dominate the Switches Market By 2022
Figure 42 Different Security Control Technologies
Figure 43 Video Surveillance to Dominate the Security and Access Control Market
Figure 44 Hardware Dominated the Video Surveillance Market in 2015
Figure 45 Access Control Market Size, 2015 and 2022
Figure 46 Fingerprint Access Dominated the Biometric Access Control Market in 2015
Figure 47 Different HVAC Control Products and Components
Figure 48 HVAC Control Market, 2015 vs. 2022
Figure 49 North America Dominated the Smart Thermostat Market in 2015
Figure 50 APAC Dominated the Sensors Market in HVAC Control in 2015
Figure 51 APAC Dominated the Control Valve Market in HVAC Control in 2015
Figure 52 North America Dominated the Actuator Market in HVAC Control in 2015
Figure 53 North America Expected to Lead the Entertainment & Other Controls Market in 2016
Figure 54 Different Entertainment Controls
Figure 55 Home Theater System Control to Grow at the Highest CAGR During the Forecast Period
Figure 56 Other Controls Segmentation
Figure 57 APAC Dominated the Market for Smart Meters in 2015
Figure 58 Home Healthcare-By Products
Figure 59 Health Monitor Expected to Lead the Home Healthcare Market During Forecast Period
Figure 60 North America Held Largest Market in Home Healthcare in 2015
Figure 61 Smart Kitchen –By Products
Figure 62 Smart Refrigerator Held Largest Market in Smart Kitchen in 2015
Figure 63 North America Held Largest Market in Smart Kitchen in 2015
Figure 64 Smart Home Market, By Software & Service
Figure 65 Proactive Type Market to Grow at A High CAGR Between 2016 and 2022
Figure 66 Smart Home Market: Geographic Snapshot(2016–2022)
Figure 67 North America: Smart Home Market Snapshot
Figure 68 Europe: Smart Home Market Snapshot
Figure 69 Asia-Pacific: Smart Home Market Snapshot
Figure 70 RoW: Smart Home Market Snapshot
Figure 71 Companies Adopted New Product Launches as the Key Growth Strategy Between 2014 and 2016
Figure 72 Smart Home Market Share, By Key Player, 2015
Figure 73 Battle for Market Share: New Product Launches and Developments Was the Key Strategy
Figure 74 Geographic Revenue Mix of Top Five Players
Figure 75 Honeywell International Inc.: Company Snapshot
Figure 76 Honeywell International Inc.: SWOT Analysis
Figure 77 Siemens AG: Company Snapshot
Figure 78 Siemens AG: SWOT Analysis
Figure 79 Schneider Electric SE: Company Snapshot
Figure 80 Schneider Electric SE: SWOT Analysis
Figure 81 Johnson Controls, Inc.: Company Snapshot
Figure 82 Johnson Controls Inc.: SWOT Analysis
Figure 83 Samsung Electronics Co., Ltd.: Company Snapshot
Figure 84 Samsung Electronics Co. Ltd: SWOT Analysis
Figure 85 Legrand: Company Snapshot
Figure 86 Legrand: SWOT Analysis
Figure 87 ABB Ltd.: Company Snapshot
Figure 88 ABB Ltd.: SWOT Analysis
Figure 89 Acuity Brands, Inc.: Company Snapshot
Figure 90 United Technologies Corporation: Company Snapshot
Figure 91 Ingersoll Rand PLC: Company Snapshot

The global smart home market is expected to grow from USD 46.97 Billion in 2015 to USD 121.73 Billion by 2022, at a CAGR of 14.07% between 2016 and 2022. The growth of the smart home market is attributed to factors such as significant advancements in the IoT market; increasing need of the consumer for convenience, safety and security; rising need for energy saving and low carbon emission-oriented solutions; and large number of manufacturers expanding their product portfolios.

Lighting control, security & access control, HVAC control, entertainment & other controls, home healthcare, and smart kitchen are the different hardware products used in the smart home market.

Entertainment has become an important part of life as it provides relaxation and rejuvenation. The most important feature of entertainment control is the ability to integrate multi-room entertainment systems. The major controls used to control and regulate the entertainment systems in smart home are audio, volume, and multimedia room controls. The growth of the audio, volume, & multimedia room control market is driven by the convenience offered by these controls for managing as well controlling the entertainment systems within a house.

The advancements in wireless communication technologies is a major factor boosting the growth of the home theater system controls market, thereby driving the overall smart home market for entertainment control.

North America held the largest share of the smart home market in 2015, followed by Europe and Asia-Pacific. The U.S. is expected to dominate the smart home market in North America. The market for proactive solution under the software and service segment is expected to grow at the highest rate for smart homes during the forecast period. The latest smart home systems are equipped with analytical software and solutions. The proactive type of solutions and services not only transfers the energy consumption data to the end users but also gives a better sense of response to the users as to what action should be taken on the information received. This proves to be a driving factor for the growth of the smart home market.

Smart Homes Market

Many products of smart homes have reached maturity in certain regions. Most of the residents in regions such as Europe and North America have been using smart thermostats, smart meters, HVAC controls, and lighting controls for a long time. As the switching cost of these products is high, consumers do not replace them soon after installation. . This acts as a restraint for the market growth.

Some of the major companies profiled in the report are Honeywell International Inc. (U.S.), Legrand (France), Ingersoll-Rand plc. (Ireland), Johnson Controls Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), ABB Ltd. (Switzerland), Acuity Brands, Inc. (U.S.), United Technologies Corporation (U.S.), Samsung Electronics Co., Ltd. (South Korea), Nest Labs, Inc. (U.S.), and Crestron Electronics, Inc. (U.S.). The products and solutions offered by Honeywell International Inc. (U.S), a significant market player, are preferred by various service providers and homeowners worldwide. Honeywell is also focusing on collaborations, expansions, and new product launches. It is also attempting to increase its sales and operations in developing economies such as China and India and regions such as Eastern Europe, Latin America, and the Middle East. Moreover, the company is also concentrating on enhancing its product portfolio by actively engaging with customers to design and offer innovative products according to their requirements. All these efforts would help the company to sustain its competitive position in the market in the near future

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Forecasting all segments in Global Smart Homes Market to 2023.

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