Frost Radar™: Smart Home as a Service, 2023

Frost Radar™: Smart Home as a Service, 2023

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
The smart home-as-a-service market has experienced accelerated growth since 2020, driven by increasing consumer demand for connected, convenient, and secure home experiences. Advancements in Internet of Things-enabled smart devices, artificial intelligence, and cloud delivery models have made smart home solutions more accessible and affordable for the broader consumer base.

In an accelerated growth market with highly competitive global participants, including top performers and emerging innovators, Frost & Sullivan plots the top 10 companies in this Frost Radar™ analysis; these companies are truly different and in the best position to contribute to digitally transforming communication service provider and broadband service provider operations, empowering them to improve consumers’ quality of experience.

Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned. Frost Radar™ mapping is based on quantitative and qualitative data obtained from market participants. The Frost Radar™ reveals companies’ market positioning using their Growth and Innovation scores. The analysis provides a holistic view of the market’s competitive landscape, allowing stakeholders to identify market leaders, emerging innovators, and potential disruptors. The document presents competitive profiles for all the companies, focusing on their strengths, growth opportunities, and areas of improvement; it also offers a brief discussion of their positioning.