Press release
Smart Home Cloud Platforms Market SWOT Analysis by Key Players: Loxone Electronics, Yonomi, Qualcomm Technologies
Smart Home Cloud Platforms Market
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Summary
Global Smart Home Cloud Platforms Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than 16.7 % over the forecast period 2020-2027. The Smart Home Cloud Network connects smart home devices for better networking, interoperability, and connectivity to home devices anywhere and anytime. The proliferation of connected devices among consumers has given rise to a new range of solutions and services that allow the smart home ecosystem to provide a high level of automation, connectivity and security.
The prominent factors driving the adoption of Smart Home Cloud Platforms solutions are the increasing adoption of smart home devices, adoption of Voice-enabled Digital Assistants devices. Whereas, technological advancements are expected to create significant growth opportunity in the market over the forecast period. However, the lack of technically skilled workforce and complexities in the management of unstructured data is expected to hinder the market growth. The key players of global Smart Home Cloud Platforms market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In 2019, Nevo Butler, a leading provider of control and sensing solutions for smart homes, unveiled a cloud-based Home Digital Assistant Network, developed for smart home applications, allowing interoperability and collaboration for rich customer experience through IoT-based home automation products. In 2019, SmartRent, a smart home automation and IoT technology start-up, raised USD 32 million in financing for its end-to - end smart home automation network to enable large-scale implementations.
The regional analysis of global Smart Home Cloud Platforms market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to due to the presence of a number of key players. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as continued growth in adoption of smart home devices, high number of smartphone users, along with growing demand for IoT, connectivity and Artificial Intelligence technologies within the smart home ecosystem would create lucrative growth prospects for the Smart Home Cloud Platforms market across Asia-Pacific region.
Major market player included in this report are:
Google, LLC, Apple Inc, Amazon Web Services, Inc., Loxone Electronics GmbH, Yonomi, Qualcomm Technologies, Cosesy, JDCloud, Aliyun, Tencent
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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. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Solution: Smart Home Cloud Platform, Services
By Application: Lighting Control, Security And Access Control, HVAC Control, Entertainment Control And Other Controls, Smart Speaker, Home Healthcare, Smart Kitchen, Home Appliances, Others
By Region:
North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC)
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Smart Home Cloud Platforms Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Home Cloud Platform Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Home Cloud Platform Market Dynamics
3.1. Smart Home Cloud Platform Market Impact Analysis (2018-2027)
Chapter 4. Global Smart Home Cloud Platform Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Home Cloud Platform Market, by Solution
5.1. Market Snapshot
5.2. Global Smart Home Cloud Platform Market by Solution, Performance - Potential Analysis
5.3. Global Smart Home Cloud Platform Market Estimates & Forecasts by Solution 2017-2027 (USD Billion)
5.4. Smart Home Cloud Platform Market, Sub Segment Analysis
Chapter 6. Global Smart Home Cloud Platform Market, by Application
6.1. Market Snapshot
6.2. Global Smart Home Cloud Platform Market by Application, Performance - Potential Analysis
6.3. Global Smart Home Cloud Platform Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Smart Home Cloud Platform Market, Sub Segment Analysis
....Continued
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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