Global Smart Home Market Growth (Status and Outlook) 2023-2029

Global Smart Home Market Growth (Status and Outlook) 2023-2029

LPI (LP Information)' newest research report, the “Smart Home Industry Forecast” looks at past sales and reviews total world Smart Home sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Home sales for 2023 through 2029. With Smart Home sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Home industry.

This Insight Report provides a comprehensive analysis of the global Smart Home landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Home portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Home market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Home and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Home.

The global Smart Home market size is projected to grow from US$ 70470 million in 2022 to US$ 113570 million in 2029; it is expected to grow at a CAGR of 7.1% from 2023 to 2029.

United States market for Smart Home is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Smart Home is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Smart Home is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Smart Home players cover Siemens AG, United Technologies Corporation, General Electric Company, Schneider Electric, Honeywell International, Ingersoll-Rand PLC, Johnson Controls, ABB and Legrand, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Home market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware
Software

Segmentation by application
Lighting Control
Security & Access Control
HVAC
Entertainment & Other Control
Home Healthcare
Smart Kitchen
Home Appliances

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.