Press release
Smart Homes Technology Market Report with Size, Share, Value, CAGR, Outlook, Analysis, Latest Updates, Data, and News 2027 | Cisco Systems, Inc., Haier Electronics, ABB Limited, Acuity Brands, Inc.
The smart home service is an important component of smart grid usage. It is a real-time interactive response between the power grid and users, and improves the power grid's comprehensive service capability, also realises the intelligent and interactive use of electricity, further enhances the power grid's operating mode and the use patterns of the users to improve energy efficiency for end-users. The smart home is a residential-based platform that links different facilities across the network to meet the automation requirements of the entire system and provide more convenient control and management. It makes use of Internet of Things (IoT), computer technology, control technology, image display technology, and communication technology.
Request for full report- https://univdatos.com/get-a-free-sample-form-php/?product_id=7146
The idea of objects being "smart" is common to most people today. Smart home technologies has provided the easy setup in which appliances and equipment like home security, appliances, temperature, lighting, and home theatre can be operated remotely from anywhere in the world via a smartphone or other networked device. The growth of the smart homes technology market is driven by numerous factors, such as the growing number of internet users, the increasing disposable income of consumers in developing economies, the increasing importance of home monitoring in remote locations, the increasing need for energy-saving and low-carbon solutions, the rapid proliferation of smartphones and smart gadgets, and the expansion of the portfolio of smart home products by market players among others.
Based on application, the market is fragmented into Safety and Security, Smart Appliances, Heating, Ventilation, Air Conditioning (HVAC), Home Entertainment, Lighting Systems, Energy Management. The smart appliances segment dominated the market in 2020 and generated total revenue of US$ 15.2 billion. It is anticipated to maintain its dominance during the forecast period as smart appliances eliminates the power consumption of when left unattended and can be operated remotedly.
Based on technology, the market is segmented into wireless and wired. In 2020, wireless segment leads the smart home technology market and accounted more than 83% of the total revenue. Further, the wireless segment is studied by Wifi Technology, Bluetooth, Zigbee, Z - Wave, and Others (EnOcean, We Mo, Insteon). Similarly, the wired segment is also bifurcated into Ethernet, Power Line Communication, Fiber Optics, and Others.
Download Free Sample of this Report- https://univdatos.com/get-a-free-sample-form-php/?product_id=7146
Based on end-users, the market is segmented into residential and commercial. In 2020, residential segment leads the smart home technology market and accounted more than 76% of the total revenue. Further, the residential segment is studied by luxury villas, , luxury apartments, mid-range houses/apartment, assisted homes, others (low energy homes). Similarly, the commercial segment is also bifurcated into hotels, hospitals and other commercial buildings.
Additionally, for better investigation and penetration of smart homes technology market, the report provides an in-detailed analysis of smart homes technology adoption across the world. The market is classified into distinct regions that are North America (the U.S., Canada, and the rest of North America), Europe (Germany, the U.K., France, Netherlands, Norway, Switzerland, Denmark, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the rest of APAC) and MENA (UAE, Saudi Arabia, Qatar, Kuwait, Turkey, Israel, and the rest of MENA) and Latin America (Brazil, Argentina, and the rest of Latin America). At present, North America is the largest revenue contributor in the smart homes technology market. The region accounted for a share of 47% in the global market for the year 2020. However, Asia-Pacific smart homes technology market is expected to grow at the highest CAGR of 23.9% during the forecast period (2021-2027).
Haier Electronics, ABB Limited, Acuity Brands, Inc., AMX, LLC, ASSA ABLOY, Cisco Systems, Inc., Control4 Corporation, Crestron Electronics Inc., Deutsche Telekom AG, Emerson Electric Co., General Electric Company, Honeywell International Inc., IBM Corporation, LG Electronics Inc., Monitronics International Inc., Schneider Electric S.E., Siemens AG, United Technologies Corporation, Vivint, Inc. and Samsung Electronics are some of the prominent players operating in the global smart homes technology market.
Request To Download Sample of this Strategic Report- https://univdatos.com/get-a-free-sample-form-php/?product_id=7146
Global Smart Home Technology Market Segmentation
Market Insight, by Application
Safety and Security Systems
Smart Appliances
HVAC
Home Entertainment
Lighting Systems
Energy Management
Market Insight, by Technology
Wireless
WiFi
Bluetooth
Zigbee
Z- Wave
Others
Wired
Ethernet
Power Line Communication
Fiber Optics
Others
Market Insight, by End-Users
Residential
Luxury Villas
Luxury Apartments
Mid-range Houses/ Apartments
Assisted Homes
Low Energy Homes
Commercial
Hotels
Hospitals
Other Commercial Buildings
Market Insight, by Region
North America
United States
Canada
Rest of North America
Europe
France
Germany
Netherlands
Norway
United Kingdom
Switzerland
Denmark
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Rest of Asia-Pacific
Middle East & North Africa
UAE
Saudi Arabia
Qatar
Kuwait
Turkey
Israel
Rest of MENA
Latin America
Brazil
Argentina
Rest of Latin America
Top Company Profiles
Cisco Systems, Inc.
Haier Electronics
ABB Limited
Acuity Brands, Inc.
AMX, LLC
ASSA ABLOY
Control4 Corporation
Crestron Electronics Inc.
Deutsche Telekom AG
Emerson Electric Co.
General Electric Company
Samsung Electronics
Honeywell International Inc.
IBM Corporation
LG Electronics Inc.
Monitronics International Inc.
Schneider Electric S.E.
Siemens AG
United Technologies Corporation
Vivint, Inc.
Request for full report- https://univdatos.com/report/smart-homes-technology-market-3/
CONTACT US
E-mail: sales@univdatos.com
Phone: +91 783860491
Address-: 4th & 5th Floor,
C80B, Sector 8, Noida,
Pin code- 201301, UP, India
About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Homes Technology Market Report with Size, Share, Value, CAGR, Outlook, Analysis, Latest Updates, Data, and News 2027 | Cisco Systems, Inc., Haier Electronics, ABB Limited, Acuity Brands, Inc. here
News-ID: 2448147 • Views: …
More Releases from UnivDatos Market Insights (UMI)
Airline Route Profitability Software Market - Industry Size, Share, Growth & For …
The Airline Route Profitability Software Market is expected to grow at a steady rate of around 10% owing to the increased adoption of technologies such as artificial intelligence, mobile and conversational commerce coupled with business analytics and market intelligence. Thus, helping airlines to identify demand trends and increase profit margins by calculating and evaluating the cost of currently operated routes. Moreover, the rising need to find shorter as well as…
Building Energy Management System Market - Industry Size, Share, Growth & Foreca …
Global Building Energy Management System market is expected to register a CAGR of around 11% over the period of 2022-2028. A building energy management system (BEMS) is a computer-based system that monitors and controls a building's electrical and mechanical equipment such as lighting, power systems, heating, and ventilation. Growth in technological advancement has made building energy management systems a vital component for managing energy demand, especially in large building sites.…
Cloud Computing Market - Industry Analysis by Size, Share, Growth & Forecast (20 …
Internet penetration rate and data generated yearly are some of the most prominent factors driving the growth of the cloud computing market because as the size of generated data increases the need for this data to be stored either in physical storage devices or in cloud storage also increases. Moreover, physical storage devices are easy to access but they are more expensive and less secure than cloud storage, there is…
Perimeter Security Market Report 2022 - Global Business Trends, Emerging Growth, …
Perimeter security refers to an integrated system that enables the physical security of a facility. It helps in protecting against unauthorized physical intrusion. Outdoor perimeter security includes technologies such as video surveillance systems, access control systems, communication and notification systems, and intruder detection systems. Recent technological advances have introduced infrared, microwave, radar, and seismic sensors. This has contributed to the robustness of these systems.
Download a Sample Copy of this Report…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide.
This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025.
The study objectives of this report are: To study and forecast the market size of Smart…
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices.
The global IoT device management market is…
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry.
“The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to…
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally.
Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as…
