Smart Homes Technology Market by Top Key Players - Haier Electronics, Cisco Systems, Inc., Google, Amazon, Honeywell International, Crestron Electronics Inc.

The global smart home market is segmented based on applications, technology and end users. Applications (security and safety, smart appliances, home entertainment, lighting and control, HVAC, energy management), technology (wired and wireless technology) and end users ( residential & commercial) are the major focus areas considered while analyzing and defining the penetration of smart home technology in different geographies.

Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2866350?utm_source=RK&utm_medium=OPR

In 2017, smart appliances dominated the global smart home market with a maximum share in terms of revenue. Based on estimation, the segment occupied a healthy share of 23.7% share. Increasing demand for consumer electronics would help the respective segment to grow at a faster rate of 25% during the forecast period (2018-2024).

By Market Players: Haier Electronics, Cisco Systems, Inc., Google, Amazon, Honeywell International, Crestron Electronics Inc., General Electric Company, IBM Corporation, LG Electronics Inc., Schneider Electric S.E., and Siemens AG among

The proliferation and smartening of IoT devices has remarkably scaled up the potential for the industry and significant amount of data or information can be stored, collected, analyzed and transmitted, helping the companies save substantial amount of money. Hence, during 2017, wireless smart technology held a prominent share of 84.3%, followed by wired technology.

Wireless smart home devices market generated a revenue of US$ 27,141.3 million in 2017 and is projected to grow at a CAGR of 23.5% during the forecasted period. In addition, Wifi technology application in smart home held 60% share and garnered revenue of US$16,858.8 million in 2017. While Ethernet wired connection occupied largest share in the respective technology. During 2017, wired connection is expected to showcasing remarkable compound growth of 26.4% during the forecasted period.

America, Europe, Asia-Pacific Latin America and Middle East and North Africa (MENA). Based on estimation, North America dominated the global smart home market, with more than 53% share in 2017. Positive impact on businesses of smart device manufactures and booming concept of Internet of Things has bolstered the growth of global smart home technology market.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

Get a discount on this research report @ https://www.bigmarketresearch.com/request-for-discount/2866350?utm_source=RK&utm_medium=OPR

Table of Content
1 MARKET INTRODUCTION
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2. RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Secondary Data
2.2 Key Secondary Sources
2.3 Primary Data
2.4 Sampling Techniques & Data Collection Methods
2.5 Primary Participants
3. INDUSTRY PERFORMANCE
4. EXECUTIVE SUMMARY
5. MARKET OVERVIEW
5.1 General Overview of Smart Home Market
5.1.1 Pricing Analysis of Smart Home Appliances, by Type of Cost
5.2 Market Dynamics
5.2.1 Increasing Awareness of Advanced Technology among Consumers
5.2.2 Increasing Penetration of Smartphones and internet, especially in APAC Region
5.2.3 Proliferation of Internet of Things, especially in the Emerging Regions
5.2.4 Surging Disposable Incomes and Urbanization
5.2.5 Growing Demand for Smart Home Energy Management System
5.2.6 Development of Interconnectivity across Platforms and Devices
5.3 Market Restraints
5.3.1 Concerns regarding Privacy and Hacking
5.3.2 Complex Installation and High Price of the Smart Home products 35
5.4 Opportunities in the Market
5.4.1 Scope for Insurance companies
5.4.2 Growth opportunity for Telecom Operators
5.4.3 Emerging Business Opportunities in Asia-Pacific
5.4.4 Restoring Independence for Elders
5.5 Factor Analysis
5.5.1 Demand & Supply Side Analysis
5.5.2 Major Development & Investments in the Smart Home Market
5.5.3 Major development and new Start-ups
5.5.4 Top Investor in the Smart Home Market
6. MARKET INSIGHTS, BY APPLICATIONS
6.1 General Overview
6.1.1 Safety and Security
6.1.2 Smart Appliances
6.1.3 Heating Ventilating, Air Conditioning (HVAC)
6.1.4 Home Entertainment
6.1.5 Smart Lighting Systems

For More Info @: https://www.bigmarketresearch.com/purchase-enquiry/2866350?utm_source=RK&utm_medium=OPR

About Us:
Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.
We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Contact Us:
5933 NE Win Sivers Drive, #205, Portland,
OR 97220 United States
call answer Direct:+1-971-202-1575
call answer Toll Free:+1-800-910-6452
email help@bigmarketresearch.com

This release was published on openPR.