Smart home refers to the home with control of all types of home appliances and other domestic features using local networking or by remote control. Smart home market is expected to increase with the increasing awareness of protection and security from theft and energy saving.
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Growing technology adoption and rising awareness among people of developed nation is one of the major reason for its dominance in the North America market followed by Europe and Asia Pacific region.
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The report aims to provide an overview of global smart home market with detailed market segmentation by product, solution and geography.
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Awareness among people for low power consumption and remote access to home appliances is expected to propel the demand for smart home.
The objectives of Smart Home Market Report is as follows:
- To provide overview of the global smart home market
- To analyze and forecast the global smart home market on the basis of product and solution
- To provide market size and forecast till 2025 for overall smart home market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
- To provide exhaustive PEST analysis for all five regions
- To profiles key smart home players influencing the market along with their SWOT analysis and market strategies
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Segmentations Covered in the Global Smart Home Market
- Products: Sensors, User interface devices, Controllers, Actuators, Networking Products, Others
- Solution: HVAC Control, Security & Access Control, Lighting Control, Entertainment Control, Energy management controls, Other integrated controls
- Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
Some of the leading players in Global Smart Home Market Report
- ABB Ltd.
- Johnson Controls Inc.
- Honeywell International Inc.
- Schneider Electric SE and
- Siemens AG
- Emerson Electric Company
- Fanuc Corporation
- General Electric Company
- Rockwell Automation and
- Yokogawa Electric Corporation
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