Press release
European Smart Home Market with COVID-19 Update by ADT, Google, Apple Inc, Siemens AG, ABB, Vivint, Delta Control and Others.
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The Europe Smart Home Market size is expected to grow from USD 23.2 Billion in 2020 to USD 39.6 Billion by 2025, at a CAGR of 11.3% during the forecast period.
Top Companies Profiled in the European Smart Home Market:
• Johnson Controls International (Ireland)
• United Technologies Corporation (US)
• Schneider Electric (France)
• Honeywell International, Inc. (US)
• Siemens AG (Germany)
• Amazon, Inc. (US)
• Apple Inc. (US)
• Google (US)
• ADT (US)
• Robert Bosch GmbH (Germany)
• ASSA ABLOY (Sweden)
• ABB (Switzerland)
• Legrand S.A. (France)
• Samsung Electronics Co., Ltd. (South Korea)
• Delta Control (US)
• Sony (Japan)
• Control4 Corp. (US)
• Vivint (US)
• Axis Communication AB (Sweden)
Entertainment has become an important part of life as it provides relaxation and rejuvenation. A multi-room entertainment control system allows the user to centralize all connected devices and then listen to, watch, and control that equipment from every room in the house simultaneously or independently.
The increasing connectivity between machine-to-machine solutions and the Internet of Things is driving the growth of the smart home and energy management markets, which has, in turn, influenced the growth of the market for software and services for smart homes. The behavioral type software and services help analyze energy-related data and forward it to end-users.
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Breakdown of primary participants’ profile:
• By Company: Tier 1 = 10 %, Tier 2 = 30%, and Tier 3 = 60%
• By Designation: C-Level Executives = 50%, Directors = 25%, and Others = 25%
• By Region: North America = 60%, Europe = 20%, APAC = 10%, and RoW = 10%
Competitive Landscape of European Smart Home Market:
1 Overview
2 Key Players In European Smart Home Market
2.1 Product Launches
2.2 Agreements, Partnerships, And Collaborations
2.3 Acquisitions
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Innovators
3.3 Dynamic Differentiators
3.4 Emerging Players
4 Strength Of Product Portfolio Analysis (25 Companies)
5 Business Strategy Excellence Analysis (25 Companies)
Research Coverage:
the smart home market has been segmented based on the product, software and services, and geography. The smart home market, by product, has been segmented into lighting control, security and access control, HVAC control, entertainment & other controls, smart speaker, home healthcare, smart kitchen, home appliances, and smart furniture.
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