Global Smart Home M2M Market Growth (Status and Outlook) 2024-2030

Global Smart Home M2M Market Growth (Status and Outlook) 2024-2030

A smart home comprises of an internal network, home automation, and intelligent control. It is equipped with advanced and automated digital devices, home appliances, and equipment that are interconnected to each Others. This facilitates sophisticated monitoring and control over the building's functions. Smart home devices perform three major actions — remote status checks, remote information, and remote control — to implement any action from a remote location.

The global Smart Home M2M market size is projected to grow from US$ 8589.7 million in 2023 to US$ 18340 million in 2030; it is expected to grow at a CAGR of 11.4% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Smart Home M2M Industry Forecast” looks at past sales and reviews total world Smart Home M2M sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Home M2M sales for 2024 through 2030. With Smart Home M2M sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Home M2M industry.

This Insight Report provides a comprehensive analysis of the global Smart Home M2M 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 M2M portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Home M2M market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Home M2M 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 M2M.

During 2017, the energy management and climate control systems segment dominated the smart home M2M market and accounted for a major part of the overall market share. Factors such as the penetration of wireless internet and the growing awareness of cloud services among consumers are the major contributors to the dominance of this segment in the global market.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Home M2M market by product type, application, key players and key regions and countries.

Segmentation by type
Wireless
Wired

Segmentation by application
Energy Management and Climate Control
Security and Access Control
Home Appliances
Lighting Control
Home Entertainment
Healthcare Systems
Others

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.
AT&T
British Gas
Cisco
China Mobile
Honeywell International
Comcast
Emerson
Vodafone
China Telecom
China Unicom
Google
Samsung
NETGEAR
Haier
Bosch
Electrolux
LG
Panasonic

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