2020 Global Single Family Smart Homes Market Growth: Drivers And Trends Analysis by TBRC
The Business Research Company offers "Single-Family Smart Homes Market Global Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global single-family smart homes market is expected to decline from $63.4 billion in 2019 to $60.8 billion in 2020 at a compound annual growth rate (CAGR) of -4.24%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The market is then expected to recover and reach $104.20 billion in 2023 at a CAGR of 19.7%.
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The single-family smart homes market consists of sales of smart appliances and their related services used in single-family homes. Smart homes are futuristic buildings equipped with advanced electronics and wireless devices. The smart home system requires a web portal or smartphone application to interact with the automated system as a user interface.
The increasing number of connected homes and growing implementation of smart home appliances including speakers, home healthcare products, lightning systems, smart kitchen, smart furniture, and HVAC control solutions is projected to contribute to the higher demand for single-family smart homes market.
Single-Family Smart Homes Market Segmentation:
By Product
1.Smart Lighting
2.Entertainment
3.Smart Appliances and Others
By Technology
1.Wi-Fi
2.Bluetooth
3.GSM/GPRS
4.RFID and Others
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Few Points From Table Of Content
1. Executive Summary
2. Single-Family Smart Homes Market Characteristics
3. Single-Family Smart Homes Market Size And Growth
4. Single-Family Smart Homes Market Segmentation
5. Single-Family Smart Homes Market Regional And Country Analysis
....
25. Single-Family Smart Homes Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Single-Family Smart Homes Market
27. Single-Family Smart Homes Market Trends And Strategies
28. Single-Family Smart Homes Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the single-family smart homes market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the single-family smart homes market are Lennar Corporation, Meritage Homes Corporation, Metricon, Porter Davis, Henley, Carlisle, ELAN Home
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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