|08-02-2018 05:29 PM CET - IT, New Media & Software||
Global Smart Home Market Share Analysis Report 2018 – Siemens, GE, Schneider Electric, Honeywell, SAMSUNG, Lutron Electronics, Johnson Controls, Emerson, LIFX Among, Ingersoll Rand, Legrand, Acuity Brands, Leviton, Vivint Smart Home, Sleep Number Corpor
Press release from: Data Bridge Market Research
The “Global Smart Home Market” isolates the business based on the regions by development, product types and applications, over the estimated time period (2018-2025) of the Smart Home industry. It breaks down each real aspect of the worldwide Smart Home by particulars of the product, limitations, difficulties, and growth opportunities. Company profiles of the real driving player with Smart Home market investment forecast, most recent innovation patterns, and future gauge. The point by point analyzes of the Smart Home market on a global scale based on current and future size(revenue) and Smart Home showcase figure plot as a rundown of diagrams and tables, pie-graphs to encourage hopefuls and driving Smart Home market players in settling on vital and development choices.
The global smart home market is expected to reach USD 55.7 billion by 2025, from USD 25.3 billion in 2017 growing at a CAGR of 16.8% during the forecast period of 2018 to 2025.
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Competitive Analysis of Global smart home market
The global smart home market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart home market for global, Europe, North America, Asia Pacific and South America.
Companies Mentioned in This Report are Siemens, GE, Schneider Electric, Honeywell, SAMSUNG, Lutron Electronics, Johnson Controls, Emerson, LIFX Among Others
Major Market Drivers & Market Restraint
• Increasing alertness about health and disposable incomes in developing economies
• Lack of alertness about the benefits of lighting controls
• Increasing demand for energy-efficient lighting solutions
• Crime leads to force home owners to increase security
• Ease of using HVAC systems
• Interoperability and standardization are the major problem for HVAC systems
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Market Segmentation: Global Smart Home Market
The global smart home market is segmented into application, software & service and by geography.
Based on application, the global smart home market is classified into
• lighting control,
• security and access control,
• HVAC control,
• entertainment and other controls,
• home healthcare,
• Smart kitchen and home appliances.
On the basis of software & service, the global smart home market is segmented into
• Behavioural and Proactive.
Based on geography, the global smart home market report covers data points for 28 countries across multiple geographies namely
• north America & south America,
• Asia-pacific and,
• middle east & Africa
Some of the major countries covered in this report are the U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.
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Reasons to Purchase this Report
Current and future of Global Smart Home Market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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