Press release
Smart Home Market Demands, Trends and Outlook to 2025 | Top Key Players - Siemens AG, United Technologies Corporation, General Electric Company, Schneider Electric Se, Honeywell International, Inc., Ingersoll-Rand PLC, Johnson Controls, Inc. and ABB Ltd.
What is Smart Home?Smart home also known as home automation, involves usage of internet-connected devices in order to manage and monitor of various home appliances and systems. It is an advanced technology that helps in making operations of various home appliances more convenient and energy saver. This technology involves controlling of all the electronic devices that are present at home using wireless technology. It offers comfort, energy efficiency, security and convenience to the end users by enabling them to control all the electronic appliances through a smart home app on their mobile phones or other networked devices. Increasing technological developments in various home appliances and equipment boost the growth of the smart home market.
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Smart Home Market Analysis
According to Verified Market Intelligence, The Global Smart Home Market was valued at USD 64.33 billion in 2017 and is projected to reach USD 176.59 billion by 2025, growing at a CAGR of 13.5% from 2018 to 2025.
mart Home Market Competitive Landscape
The “Global Smart Home Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Siemens AG, United Technologies Corporation, General Electric Company, Schneider Electric Se, Honeywell International, Inc., Ingersoll-Rand PLC, Johnson Controls, Inc. and ABB Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Smart Home Market Outlook
Growing importance of home monitoring system, Advancement in Internet of Things (IoT), and growing awareness among the consumers regarding efficient energy saver been driving the global smart home market. On the other hand, high cost of existing smart devices and security and privacy concerns might hinder the overall growth at a global level.
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Smart Home Market Segmentation, by Application
Lighting Control
Security and Access Control
Smart Kitchen
Home Appliances
HVAC Control
Entertainment And Other Control
Home Healthcare
Smart Home Market Segmentation, by Protocols and Technologies
Cellular Network Technologies
Cdma Networks
GSM/HSPA Networks
LTE Networks
Protocols & Standards
Digital Addressable Lighting Interface (DALI)
KNX
Digital Multiplexer (DMX)
Ethernet
Modbus
Others
Wireless Communication Technologies
ZigBee
Z-Wave
Wi-Fi
Bluetooth
Others
Table Of Content
1 Introduction Of The Global Smart Home
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Smart Home, Outlook
5 The Smart Home, By Systems
6 The Smart Home, By Service
7 The In-app Advertising, Verticals
8 The Smart Home By Applications
9 The Smart Home, By Geography
10 The Smart Home, Competitive Landscape
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the In-app Advertising’s system market
- Highlights key business priorities in order to assist companies to realign their business strategies.
-The key findings and recommendations highlight crucial progressive industry trends in the Smart Home market, thereby allowing players to develop effective long
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect products, segmentation and industry verticals.
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About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.
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Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com
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