Global Smart Home Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Smart Home Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Smart Home market size was valued at USD 74130 million in 2023 and is forecast to a readjusted size of USD 115250 million by 2030 with a CAGR of 6.5% during review period.

The Global Info Research report includes an overview of the development of the Smart Home industry chain, the market status of Lighting Control (Hardware, Software), Security & Access Control (Hardware, Software), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Smart Home.

Regionally, the report analyzes the Smart Home markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Smart Home market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Smart Home market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Smart Home industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Hardware, Software).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Smart Home market.

Regional Analysis: The report involves examining the Smart Home market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Smart Home market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Smart Home:

Company Analysis: Report covers individual Smart Home players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Smart Home This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Lighting Control, Security & Access Control).

Technology Analysis: Report covers specific technologies relevant to Smart Home. It assesses the current state, advancements, and potential future developments in Smart Home areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Smart Home market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Smart Home market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Hardware
Software

Market segment by Application
Lighting Control
Security & Access Control
HVAC
Entertainment & Other Control
Home Healthcare
Smart Kitchen
Home Appliances

Market segment by players, this report covers
Siemens AG
United Technologies Corporation
General Electric Company
Schneider Electric
Honeywell International
Ingersoll-Rand PLC
Johnson Controls
ABB
Legrand
Samsung Electronics
Acuity Brands
Lutron Electronics
Leviton Manufacturing Company

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Smart Home product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Smart Home, with revenue, gross margin and global market share of Smart Home from 2019 to 2024.

Chapter 3, the Smart Home competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Smart Home market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Home.

Chapter 13, to describe Smart Home research findings and conclusion.