Smart Home Market in US 2022-2026
Technavio has been monitoring the smart home market in US and it is poised to grow by $ 18.18 bn during 2022-2026 progressing at a CAGR of 17.90% during the forecast period. Our report on the smart home market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing consumer interest in home automation and the availability of a wide range of smart home products.
The smart home market in US analysis includes technology and application segments.
Technavio's smart home market in US is segmented as below:
By Technology
- Wireless
- Wired
- Home entertainment
- Smart appliances
- Energy management
- Lighting control system and HVAC
- Safety and security system
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on smart home market in US covers the following areas:
- Smart home market sizing
- Smart home market forecast
- Smart home market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies Mentioned
ABB Ltd., Allegion Plc, Alphabet Inc., Amazon.com Inc., Apple Inc., Honeywell International Inc., Johnson Controls International Plc, Panasonic Corp., Samsung Electronics Co. Ltd., Schneider Electric SE
- Executive Summary
- Market Landscape
- Market ecosystem
- Parent Market
- Table Parent market
- Table Market characteristics
- Parent Market
- Value chain analysis
- Table Value chain analysis : Technology hardware, storage and peripherals
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- After-sales services
- Support activities
- Innovations
- Market ecosystem
- Market Sizing
- Market definition
- Table Offerings of vendors included in the market definition
- Market segment analysis
- Table Market segments
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
- Estimating growth rates for emerging and high-growth markets
- Estimating growth rates for mature markets
- Table US - Market size and forecast 2021 - 2026 ($ million)
- Table US market: Year-over-year growth 2021 - 2026 (%)
- Market definition
- Five Forces Analysis
- Five forces summary
- Table Five forces analysis 2021 & 2026
- Bargaining power of buyers
- Table Bargaining power of buyers
- Bargaining power of suppliers
- Table Bargaining power of suppliers
- Threat of new entrants
- Table Threat of new entrants
- Threat of substitutes
- Table Threat of substitutes
- Threat of rivalry
- Table Threat of rivalry
- Market condition
- Table Market condition - Five forces 2021
- Five forces summary
- Market Segmentation by Application
- Market segments
- Table Application - Market share 2021-2026 (%)
- Comparison by Application
- Table Comparison by Application
- Home entertainment - Market size and forecast 2021-2026
- Table Home entertainment - Market size and forecast 2021-2026 ($ million)
- Table Home entertainment - Year-over-year growth 2021-2026 (%)
- Smart appliances - Market size and forecast 2021-2026
- Table Smart appliances - Market size and forecast 2021-2026 ($ million)
- Table Smart appliances - Year-over-year growth 2021-2026 (%)
- Energy management - Market size and forecast 2021-2026
- Table Energy management - Market size and forecast 2021-2026 ($ million)
- Table Energy management - Year-over-year growth 2021-2026 (%)
- Lighting control system and HVAC - Market size and forecast 2021-2026
- Table Lighting control system and HVAC - Market size and forecast 2021-2026 ($ million)
- Table Lighting control system and HVAC - Year-over-year growth 2021-2026 (%)
- Safety and security system - Market size and forecast 2021-2026
- Table Safety and security system - Market size and forecast 2021-2026 ($ million)
- Table Safety and security system - Year-over-year growth 2021-2026 (%)
- Market opportunity by Application
- Table Market opportunity by Application
- Market segments
- Market Segmentation by Technology
- Market segments
- Table Technology - Market share 2021-2026 (%)
- Comparison by Technology
- Table Comparison by Technology
- Wireless - Market size and forecast 2021-2026
- Table Wireless - Market size and forecast 2021-2026 ($ million)
- Table Wireless - Year-over-year growth 2021-2026 (%)
- Wired - Market size and forecast 2021-2026
- Table Wired - Market size and forecast 2021-2026 ($ million)
- Table Wired - Year-over-year growth 2021-2026 (%)
- Market opportunity by Technology
- Table Market opportunity by Technology
- Market segments
- Customer landscape
- Table Customer landscape
- Drivers, Challenges, and Trends
- Market drivers
- Growing consumer interest in home automation
- Availability of a wide range of smart home products
- Rising need for energy conservation
- Market challenges
- Increase in issues related to interoperability
- Privacy issues with respect to data
- Challenges associated with media storage
- Table Impact of drivers and challenges
- Market trends
- Increasing development of technologically advanced products
- Evolution of IoT
- Growing smartphone penetration and increasing Internet speed
- Market drivers
- Vendor Landscape
- Table Vendor landscape
- Landscape disruption
- Table Landscape disruption
- Table Industry risks
- Competitive scenario
- Vendor Analysis
- Vendors covered
- Table Vendors covered
- Market positioning of vendors
- Table Market positioning of vendors
- ABB Ltd.
- Table ABB Ltd. - Overview
- Table ABB Ltd. - Business segments
- Table ABB Ltd. - Key news
- Table ABB Ltd. - Key offerings
- Table ABB Ltd. - Segment focus
- Allegion Plc
- Table Allegion Plc - Overview
- Table Allegion Plc - Business segments
- Table Allegion Plc - Key news
- Table Allegion Plc - Key offerings
- Table Allegion Plc - Segment focus
- Alphabet Inc.
- Table Alphabet Inc. - Overview
- Table Alphabet Inc. - Business segments
- Table Alphabet Inc. - Key news
- Table Alphabet Inc. - Key offerings
- Table Alphabet Inc. - Segment focus
- Amazon.com Inc.
- Table Amazon.com Inc. - Overview
- Table Amazon.com Inc. - Business segments
- Table Amazon.com Inc. - Key news
- Table Amazon.com Inc. - Key offerings
- Table Amazon.com Inc. - Segment focus
- Apple Inc.
- Table Apple Inc. - Overview
- Table Apple Inc. - Business segments
- Table Apple Inc. - Key news
- Table Apple Inc. - Key offerings
- Table Apple Inc. - Segment focus
- Honeywell International Inc.
- Table Honeywell International Inc. - Overview
- Table Honeywell International Inc. - Business segments
- Table Honeywell International Inc. - Key news
- Table Honeywell International Inc. - Key offerings
- Table Honeywell International Inc. - Segment focus
- Johnson Controls International Plc
- Table Johnson Controls International Plc - Overview
- Table Johnson Controls International Plc - Business segments
- Table Johnson Controls International Plc - Key news
- Table Johnson Controls International Plc - Key offerings
- Table Johnson Controls International Plc - Segment focus
- Panasonic Corp.
- Table Panasonic Corp. - Overview
- Table Panasonic Corp. - Business segments
- Table Panasonic Corp - Key news
- Table Panasonic Corp. - Key offerings
- Table Panasonic Corp. - Segment focus
- Samsung Electronics Co. Ltd.
- Table Samsung Electronics Co. Ltd. - Overview
- Table Samsung Electronics Co. Ltd. - Business segments
- Table Samsung Electronics Co. Ltd. - Key news
- Table Samsung Electronics Co. Ltd. - Key offerings
- Table Samsung Electronics Co. Ltd. - Segment focus
- Schneider Electric SE
- Table Schneider Electric SE - Overview
- Table Schneider Electric SE - Business segments
- Table Schneider Electric SE - Key news
- Table Schneider Electric SE - Key offerings
- Table Schneider Electric SE - Segment focus
- Vendors covered
- Appendix
- Scope of the report
- Market definition
- Objectives
- Notes and caveats
- Currency conversion rates for US$
- Table Currency conversion rates for US$
- Research methodology
- Table Research Methodology
- Table Validation techniques employed for market sizing
- Table Information sources
- List of abbreviations
- Table List of abbreviations
- Scope of the report
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook