Europe Smart Home Market Size, Share and Industry Analysis Report by Technology and Protocol (Cellular Network Technologies, Protocols And Standards & Wireless Communication Technologies), By Category (Video Entertainment, Smart Speaker, Lighting, Home Monitoring/Security, Thermostat and Others) By Software and services (Proactive & Behavioral) and by Region- Market Share & Forecast, 2021 – 2027.
Europe Smart Home Market
The Europe Smart Home Market was valued at US$ 24,100.35 Mn in 2021, and is expected to reach US$ 43,500.40 Mn by the end of 2027, at a CAGR 8.80%.
The convenience provided by smart home products and services let smart home inhabitants live a more comfortable existence. The most basic and prominent smart house feature is environmental control. The capacity to remotely regulate or automatically schedule house components such as thermostats, ventilators, lighting equipment, kitchen appliances, and different domestic appliances is included in environmental control.
Market Drivers
The Increase in number of internet users and an increase in the use of smart devices is expected to boost the market.
Due to the obvious benefits gained by connecting household products to the internet, the Internet of Things (IoT) has grown in popularity among residential consumers. The Internet of Things connects products, software algorithms, services, and end users, allowing for the smooth flow of data and the making of real-time decisions. It has demonstrated its efficacy and improved the quality and consistency of automation systems.
Several large, mid-sized, and small-scale companies are heavily investing in the IoT industry around the world. With most businesses shifting away from traditional practises and toward IoT, it is expected to reach a wide range of application areas, including lighting, HVAC, security, healthcare, and entertainment.
Market Restraints
There are certain limitations & barriers endured that will restrict the market growth. The Internet of Things (IoT) has altered how people interact with one another. Buildings and homes are becoming smarter, more complex, and more connected. This massive interconnection creates new efficiencies and capabilities for consumers, businesses, and cities. These benefits, however, are accompanied by significant challenges in the form of cybersecurity risks.
Market Segmentation
Europe Smart Home market is segmented into Technology and Protocol (Cellular Network Technologies, Protocols And Standards & Wireless Communication Technologies), By Category (Video Entertainment, Smart Speaker, Lighting, Home Monitoring/Security, Thermostat and Others) By Software and services (Proactive & Behavioral).
Regional Analysis
Europe Smart Home Market is segmented into five regions such as North America, Latin America, Europe, APAC, and MEA.
Germany is projected to hold the largest share of the European smart home market during the forecast period .
Key Players
Various key players are discussed in this report such as Johnson Controls International, United Technologies Corporation, Schneider Electric., Honeywell International, Inc. etc
Market Taxonomy
By Technology and Protocol
- Cellular Network Technologies
- Protocols And Standards
- Wireless Communication Technologies
- Video Entertainment
- Smart Speaker
- Lighting
- Home Monitoring/Security
- Thermostat
- Others
- Proactive
- Behavioral
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Europe Smart Home Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Europe Smart Home Market, By Technology and Protocols
- 5.1 Y-o-Y Growth Comparison, By Technology and Protocols
- 5.2 Europe Smart Home Market Share Analysis, By Technology and Protocols
- 5.3 Europe Smart Home Market Size and Forecast, By Technology and Protocols
- 5.3.1Cellular Network Technologies
- 5.3.2. Protocols And Standards
- 5.3.3. Wireless Communication Technologies
- 6 Europe Smart Home Market, By Category
- 6.1 Y-o-Y Growth Comparison, By Category
- 6.2 Europe Smart Home Market Share Analysis, By Category
- 6.3 Europe Smart Home Market Size and Forecast, By Category
- 6.3.1 Video Entertainment
- 6.3.2 Smart Speaker
- 6.3.3. Lighting
- 6.3.4 Home Monitoring/Security
- 6.3.5 Thermostat
- 6.3.6 Others
- 7 Europe Smart Home Market, By Software and services
- 7.1 Y-o-Y Growth Comparison, By Software and services
- 7.2 Europe Smart Home Market Share Analysis, By Software and services
- 7.3 Europe Smart Home Market Size and Forecast, By Software and services
- 7.3.1 Proactive
- 7.3.2 Behavioral
- 8 Europe Smart Home Market, By Region
- 8.1 Europe Smart Home Market Share Analysis, By Region
- 8.2 Europe Smart Home Market Share Analysis, By Region
- 8.3 Europe Smart Home Market Size and Forecast, By Region
- 9 North America Brass Bars Market Analysis and Forecast (2022-2027)
- 9.1 Introduction
- 9.2 North America Brass Bars Market Share Analysis, By Technology and Protocols
- 9.3 North America Brass Bars Market Size and Forecast, By Category
- 9.4 North America Brass Bars Market Size and Forecast, By Software and services
- 9.5 North America Brass Bars Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 Europe Brass Bars Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 Europe Brass Bars Market Share Analysis, By Technology and Protocols
- 10.3 Europe Brass Bars Market Size and Forecast, By Category
- 10.4 Europe Brass Bars Market Size and Forecast, By Software and services
- 10.5 Europe Brass Bars Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.54. Rest of Europe
- 11 Asia Pacific Brass Bars Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Brass Bars Market Share Analysis, By Technology and Protocols
- 11.3 Asia Pacific Brass Bars Market Size and Forecast, By Category
- 11.4 Asia Pacific Brass Bars Market Size and Forecast, By Software and services
- 11.5 Asia Pacific Brass Bars Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4. Rest of Asia Pacific
- 12 Latin America Brass Bars Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Latin America Brass Bars Market Share Analysis, By Technology and Protocols
- 12.3 Latin America Brass Bars Market Size and Forecast, By Category
- 12.4 Latin America Brass Bars Market Size and Forecast,By Software and services
- 12.5 Latin America Brass Bars Market Size and Forecast, Country
- 12.5.1. Brazil
- 12.5.2. Rest of Latin America
- 13 Middle East Brass Bars Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Middle East Brass Bars Market Share Analysis, By Technology and Protocols
- 13.3 Middle East Brass Bars Market Size and Forecast, By Category
- 13.4 Middle East Brass Bars Market Size and Forecast, By Software and services
- 13.5 Middle East Brass Bars Market Size and Forecast, By Country
- 13.5.1. Saudi Arabia
- 13.5.2. UAE
- 13.5.3. Egypt
- 13.5.4. Kuwait
- 13.5.5. South Africa
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15Company Profiles
- 15.1 Johnson Controls International
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. United Technologies Corporation
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. Schneider Electric.
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Honeywell International, Inc.
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Siemens AG.
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Amazon,Inc.
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Apple, Inc.
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Google
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 ADT (US)
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Seg ment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 ASSA ABLOY
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
- 15.11 ABB Ltd.
- 15.11.1 Overview
- 15.11.2 Offerings
- 15.11.3 Key Financials
- 15.11.4 Business Segment & Geographic Overview
- 15.11.5 Key Market Developments
- 15.11.6 Key Strategies
- 15.12 Ingersoll-Rand PLC
- 15.12.1 Overview
- 15.12.2 Offerings
- 15.12.3 Key Financials
- 15.12.4 Business Segment & Geographic Overview
- 15.12.5 Key Market Developments
- 15.12.6 Key Strategies
- 15.13 Robert Bosch Gmbh
- 15.13.1 Overview
- 15.13.2 Offerings
- 15.13.3 Key Financials
- 15.13.4 Business Segment & Geographic Overview
- 15.13.5 Key Market Developments
- 15.13.6 Key Strategies
- 15.14 Samsung Electronics Co., Ltd
- 15.14.1 Overview
- 15.14.2 Offerings
- 15.14.3 Key Financials
- 15.14.4 Business Segment & Geographic Overview
- 15.14.5 Key Market Developments
- 15.14.6 Key Strategies
- 15.15 Lutron Electronics Co. Inc
- 15.15.1 Overview
- 15.15.2 Offerings
- 15.15.3 Key Financials
- 15.15.4 Business Segment & Geographic Overview
- 15.15.5 Key Market Developments
- 15.15.6 Key Strategies
- 15.16 Vivint
- 15.16.1 Overview
- 15.16.2 Offerings
- 15.16.3 Key Financials
- 15.16.4 Business Segment & Geographic Overview
- 15.16.5 Key Market Developments
- 15.16.6 Key Strategies
- 15.17 Axis Communication AB
- 15.17.1 Overview
- 15.17.2 Offerings
- 15.17.3 Key Financials
- 15.17.4 Business Segment & Geographic Overview
- 15.17.5 Key Market Developments
- 15.17.6 Key Strategies
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