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Smart Home as a Service Market Growing at High CAGR of 18.1% between 2017 and 2025

06-18-2018 11:44 AM CET | IT, New Media & Software

Press release from: MarketResearchReports.biz

Smart Home as a Service Market Growing at High CAGR of 18.1%

The global smart home as a service market is forecast to reach US$10.9 bn by the end of 2025. In 2016, the market’s valuation stood at US$2.46 bn. If these figures hold true, the global smart home as a service market will exhibit an impressive CAGR of 18.1% between 2017 and 2025.

Global Smart Home as a Service Market: Overview

This report on the global smart home as a service market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. The report covers market dynamics including drivers, restraints opportunities, and trends expected to influence the global smart home as a service market growth during the said period. Technologies that are playing a major role in driving the global smart home as a service market have also been covered in the study. The study provides a comprehensive analysis on market growth throughout the above forecast period in terms of value estimates (in US$ Bn), across different geographies.

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The report also includes key developments in the smart home as a service market. Porter Five Force analysis is also included in the report. The report also covers segment wise comparison matrix, market attractiveness analysis and market share analysis for all regions covered in the scope of study. Comparison matrix includes segment growth matrix, 2015 - 2025 (%), segment value share contribution, 2015 - 2025 (%), and segment compounded growth matrix (CAGR %). Market attractiveness identifies and compares segments market attractiveness on the basis of CAGR and market share index.

The report also includes competition landscape which include competition matrix, market share analysis of major players in the global smart home as a service market based on their projected value share, and business profiling of major players. The Competition Matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings and R&D focus are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow. This section also identifies and includes various recent developments carried out by the leading players.

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Global Smart Home as a Service Market: Key Segments

The smart home as a service market has been segmented on the basis of service, solution and geography. Based on service, the market has been divided into managed and integrated. Based on the solution, the market has been divided into security & access, lighting & window, audio-visual & entertainment, energy management & climate and integrated solution.

The Managed Service can be defined as the proactive management of the smart home as a service solutions by a third party, on behalf of the customer whereas The Integrated Service can be defined as services that specify the constituents of the smart home as a service solution to guarantee quality of service on networks.

Security and Access involve solutions to ensure the safety and security of property or person. These solutions include alarms, cameras, motion sensors, home monitoring kits etc. Lighting and Window involve the control and automation of lighting and window and perimeter around them. These solutions include smart switches, lighting kits, smart window shades and blinds etc. Audio-

Visual and Entertainment solutions refer to home entertainment and entertainment on demand. These solutions include smart and connected TVs, VR sets, streaming services, speakers, home theatre systems etc. Energy Management and Climate allow open communication between house utilities and the consumer. These solutions include smart meters, thermostats, energy usage monitoring kits etc. Integrated solutions include all-in-one solutions such as security kits, home monitoring kits, smart lighting kits etc.

Global Smart Home as a Service Market: Regional Segments

Geographically, the report classifies the global smart home as a service market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America; the regions are analyzed in terms of market revenue. Furthermore, region wise prominent countries covered in the report include the following - the U.S, Canada, Germany, France, the U.K., China, Japan, Australia, UAE, Saudi Arabia, Brazil and Argentina.

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Companies Mentioned in Report

Company profiling includes company overview, major business strategies adopted and SWOT analysis. The key players profiled in the global smart home as a service market include AT&T Inc., CenturyLink, Inc., Charter Communications (TWC), Comcast Corporation, Frontpoint Security Solutions, Ingersoll-Rand plc (Nexia), Johnson Controls, Inc., Protection One Alarm Monitoring, Inc., The ADT Corporation and Vivint, Inc.

The Global Smart Home as a Service market is segmented as below:

Global Smart Home as a Service Market, By Service

Managed Services
Integrated Services

Global Smart Home as a Service Market, By Solution

Security and Access
Lighting and Window
Audio-Visual and Entertainment
Energy Management and Climate
Integrated Solutions

Global Smart Home as a Service Market, By Geography

North America
The U.S.
Canada
Rest of North America
Europe
The U.K
France
Germany
Rest of Europe
Asia Pacific (APAC)
China
Japan
Australia
Rest of APAC
Middle East and Africa (MEA)
UAE
Saudi Arabia
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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