Press release
DIY Smart Home Market Drives as Growing Demand for Home Automation Solutions | Know COVID-19 Analysis | Top Companies- Samsung Electronics Co., Ltd., United Technologies Corporation
DIY Smart Home Market
The DIY smart home market 2020 is on track to gain a phenomenal valuation of approximately USD 54 Billion by 2023, estimates Market Research Future (MRFR). It is also believed that the DIY smart home market can post a growth rate of close to 35% between 2017 and 2023 (assessment period). We will provide COVID-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak.
COVID-19 Analysis
The most impactful event in the tech world in recent years has been the COVID-19 outbreak, halting almost every activity worldwide. The pandemic induced lockdown has increased the prevalence of the working from home practice, with industrialists, sales & marketing teams and business leaders continuously exploring new ways to maintain effective communication to produce operational results.
The latest trend of staying at home due to social distancing post SARS-CoV-2 has made everyone realize the importance of their current smart home automation solutions. MRFR thinks that the novel coronavirus has been a blessing for the DIY smart home market, given the surge in the appreciation for smart technologies and higher expenditure on technology-based services for smart homes. The COVID-19 impact has been such that people are now more likely to opt for automated solutions at their homes.
Renowned Contenders
Some of the well-known contenders in the DIY smart home industry include Samsung Electronics Co., Ltd. (South Korea), United Technologies Corporation (U.S.), Nest Labs, Inc. (U.S.), Crestron Electronics Inc. (U.S.), Honeywell International Inc. (U.S.), Acuity Brands, Inc. (U.S.), Assa Abloy Group (Sweden), Johnson Controls Inc. (U.S.), Schneider Electric SE (France), and more.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2844
Market Segmentation
MRFR study of the DIY smart home market considers segments such as technology, product and software.
The prime technologies included in the report are wireless communication technologies, protocols & standards and network technologies.
Product-wise market categories are Security & Access Control, Home Healthcare, Lighting Control, HVAC Control, Entertainment Control, Smart Kitchen, and more.
The software-based segments include proactive and behavioral.
Regional Study
The DIY smart home market growth prospects for the period between 2017 and 2023 have been assessed in the key regions of APAC/Asia Pacific, Europe, North America, as well as RoW/Rest of the World.
Thanks to the high concentration of highly renowned companies like Nortek Inc., Nestlabs Inc. and Smartlabs Inc., the North American market has successfully clinched the top position among all regions. Moreover, the desire among people for leading an aspirational lifestyle and enjoy a high living standard, especially in Canada and the U.S, is leading to higher spending on advanced technologies such as home automation tools.
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. DIY Smart Home Market Segmentation
8. DIY Smart Home Market Landscape
Continued…
If you have any requirements, let know and we will customize the report according to your need.
Get More Information: https://www.marketresearchfuture.com/reports/diy-smart-home-market-2844
Contact Us
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release DIY Smart Home Market Drives as Growing Demand for Home Automation Solutions | Know COVID-19 Analysis | Top Companies- Samsung Electronics Co., Ltd., United Technologies Corporation here
News-ID: 2227399 • Views: …
More Releases from Market Research Future (MRFR)
Advanced Metering Infrastructure (AMI) Market to Grow at 8.50% CAGR by 2035 Enab …
Advanced Metering Infrastructure (AMI) has emerged as a cornerstone of modern utility management, transforming how electricity, gas, and water consumption is measured, monitored, and managed. AMI integrates smart meters, communication networks, and data management systems to enable two-way communication between utilities and end users.
This shift from traditional metering to digital, intelligent systems is driven by the global push for energy efficiency, grid modernization, and improved customer engagement. Utilities worldwide…
GLP-1 Drug Market Size is projected to grow from 12.19 USD Billion in 2025 to 42 …
The GLP-1 Drug Market: A Comprehensive Outlook on Growth, Trends, Players, and Regional Dynamics
The global market for GLP-1 (glucagon-like peptide-1) drugs has emerged as one of the most dynamic and rapidly expanding segments in the pharmaceutical industry, driven by escalating rates of type 2 diabetes, obesity, and associated cardiometabolic disorders. Originally developed to improve glycemic control in patients with diabetes, GLP-1 receptor agonists have demonstrated significant benefits beyond glucose management,…
Gear Pump Market to Reach USD 6.492 Billion by 2035 | CAGR 2.92%
The gear pump market plays a crucial role in modern industrial and commercial operations, driven by its ability to handle high-viscosity fluids with consistent flow and high reliability. Gear pumps are widely used across industries such as oil & gas, chemical processing, automotive, power generation, food & beverages, and construction equipment. Their compact design, durability, and efficiency make them an essential component in hydraulic systems, lubrication systems, and fluid transfer…
Compact Inverter Technology Market to Hit USD 33.4 Billion by 2035 | CAGR 8.34%
The Compact Inverter Technology Market is gaining significant momentum as industries and consumers increasingly prioritize energy efficiency, space optimization, and reliable power conversion solutions. Compact inverters, known for their small form factor, lightweight design, and high efficiency, are becoming essential across sectors such as renewable energy, industrial automation, consumer electronics, electric vehicles, and power backup systems.
With rapid urbanization, growing renewable energy installations, and rising demand for uninterrupted power supply,…
More Releases for DIY
DIY Wrap Club Announces Brand Relaunch to Expand Beyond Tesla and Serve the Broa …
Chattanooga, Tennessee, United States, 5th Nov 2025 - TesBros, a leading provider of DIY vehicle wrap and paint protection film kits for Tesla owners, today announced its rebrand to DIY Wrap Club. The new name reflects the companys expansion into additional makes and models, while preserving the same founder-led customer experience, product quality, and community-focused mission that defined TesBros since 2018.
The company began with a simple need: to provide easy…
DIY The Weather Resistant Balcony Roofing
Hey, you know what? No matter what kind of house it is, just add a balcony or an open deck area, and the style will be instantly upgraded. It's so amazing! But, when the weather goes bad, does your balcony just become useless? The intense UV rays are like freebies, shining fiercely, and with the rain and snow messing around, a nice outdoor leisure space immediately turns into a decoration…
MRCOOL DIY Direct Launches Revolutionary DIY HVAC Products
USA - MRCOOL DIY Direct, a leading name in the HVAC industry, proudly introduces its groundbreaking line of do-it-yourself HVAC products. Designed to empower homeowners with easy-to-install, energy-efficient heating and cooling solutions, MRCOOL DIY Direct is set to transform the way people manage their home comfort. By offering cutting-edge technology, user-friendly installation, and exceptional customer service, MRCOOL DIY Direct is poised to become a household name in the realm of…
Wooden DIY Market Is Booming Worldwide| Preserved Timber Products, Timber DIY, K …
Advance Market Analytics published a new research publication on "Wooden DIY Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Wooden DIY market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
A Guide to DIY Pressure Cleaning
Pressure cleaning, also known as power washing, is highly effective for removing dirt, grime, mould, and other stubborn stains from various surfaces. While professional pressure cleaning services https://www.abscleaning.com.au/ are readily available, many homeowners prefer the cost-saving and rewarding experience of tackling the task.
This comprehensive guide will walk you through the steps of DIY pressure cleaning for Melbourne residents. Through these valuable tips and insights, we aim…
2022 DIY Noodle Board Grand Opening
Houston, Texas, January 17, 2022 – website www.DIYNoodleBoard.com is having its grand opening this January 2022. Noodle Boards have been the latest in-home kitchen additions that offer both beauty and functionality at a minimal cost. To celebrate its grand opening, the site is giving away FREE woodworking Noodle Board plans for the stovetop.
Jonathan Alonso creator of the site has gathered valuable free information stemming from its origin and history…
