Smart Home Market 2021 Global Insights and Business Scenario – Amazon.com Inc., Alphabet Inc., ABB Ltd. and Assa Abloy AB and others

The Smart Home Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Report analyses the post-COVID-19 (Corona Virus) impact on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.

The Smart Homes Market was valued at USD 79.13 billion in 2020 and expected to reach USD 313.95 billion by 2026 and grow at a CAGR of 25.3% over the forecast period (2021 - 2026).

Order a Copy of This Report (USD $2550) at:

https://www.marketinsightsreports.com/report/purchase/04282009520?mode=su?Mode=S12    

The 136 pages report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Smart Home Market: Amazon.com Inc., Alphabet Inc., ABB Ltd. and Assa Abloy AB and others.

Industry News and Updates:

Amazon Plans Wall-Mounted Echo as Smart Home Command Center

February 9, 2021: Amazon.com Inc. is developing a new Echo device with a large touchscreen that attaches to the wall and serves as a smart home control panel, video chat device and media player, according to people familiar with the plans. The company’s Lab126 hardware division is designing the device to be a digital command center, showing users upcoming calendar events, controlling accessories like lights and locks, and playing music and video. It would include Amazon’s Alexa voice assistant and microphones and a camera for video conferencing, said the people, who asked not to be identified discussing private matters.

The product would compete with professionally installed smart home control screens from the likes of Control4 Corp. as well as Apple Inc. iPads framed into walls and even Amazon’s own Echo Show used with a third-party wall mount. Amazon is considering multiple variations, with screens of either 10 or 13 inches in size. A 10-inch display would be on par with the current Echo Show, while a 13-inch model would be Amazon’s largest device with a display. The company plans to launch it either at the end of this year or the end of 2022, the people said. Prices ranging from $200 to $250 have been discussed internally, though the plans are still early and could change or be scrapped altogether. An Amazon spokeswoman declined to comment.

Google Becomes $450M Investor In ADT For Home Security Tie-Up

August 3, 2020: Alphabet Inc.’s Google is expanding its reach into the home-security business by buying a $450 million stake in ADT, the Florida-based provider of security and smart-home solutions. Google announced Monday (Aug. 3) that it's entered into a long-term partnership with ADT to create what the companies are calling the next generation of smart-home security offerings. Under terms of the agreement, Mountain View, Calif., based Goole will pay $450 million for a 6.6 percent ADT stake.

Shares of ADT soared as much as 99.9 percent intraday to $17.21 on the news, but later pulled back to $14.47 shortly before noon ET, up 68 percent on the day. The companies said they will integrate Google’s hardware and services into ADT’s products and its more than 20,000 professionals. Google and ADT also said they will provide an additional $150 million for marketing, product development, technology and employee training if certain unspecified milestones are reached.

The deal will widen the potential reach for Google’s own smart-home devices, led by its Nest offering. In 2014, Google bought Nest, the hardware company behind Nest Cam and the Nest thermostat, for $3.2 billion to enter the smart-home security market.

The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analyzing previous years’ data of these segments and sub-segments for getting an accurate and complete market size.

Inquire More:

https://www.marketinsightsreports.com/reports/04282009520/global-smart-home-market-size-trends-forecasts-2020-2024/inquiry?Mode=S12                                            

Following are major Table of Content of Smart Home Industry:

Smart Home Market Sales Overview.
Smart HomeMarket Sales Competition by Manufacturers.
Smart Home Market Sales Analysis by Region.
Smart Home Market Sales Analysis by Type.
Smart Home Market Analysis by Application.
Smart HomeMarket -Manufacturers Analysis.

Furthermore, this study will help our clients solve the following issues:

Cyclical dynamics - We foresee dynamics of industries by using core analytical and unconventional market research approaches. Our clients use insights provided by us to maneuver themselves through market uncertainties and interferences.

Identifying key cannibalizes - Strong substitute of a product or service is the most important threat. Our clients can identify key cannibalizes of a market, by procuring our research. This helps them in aligning their new product development/launch strategies in advance.

Spotting emerging trends – The report help clients to spot upcoming hot market trends. We also track possible impact and disruptions which a market would witness by a particular emerging trend. Our proactive analysis helps clients to have early mover advantage.

Interrelated opportunities - This report will allow clients to make decisions based on data, thereby increasing the chances that the strategies will perform better if not best in real world.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Browse the report description and TOC:

https://www.marketinsightsreports.com/reports/04282009520/global-smart-home-market-size-trends-forecasts-2020-2024?Mode=S12                                           

If you have any questions about any of our “Smart Home market report” or would like to schedule a personalized free demo of Smart Home market report, please do not hesitate to contact me at irfan@marketinsightsreports.com

Browse Related Reports:

Smart Home Installation Service Market:

The smart home installation service market is expected to register a CAGR of 25% over the forecast period (2021 - 2026).

https://www.marketinsightsreports.com/reports/02082592633/smart-home-installation-service-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=S12

Smart Home Energy Management System Market:

https://www.marketinsightsreports.com/reports/02052588140/global-smart-home-energy-management-system-market-research-report-2021?Mode=S12

Smart Home Speakers Market:

https://www.marketinsightsreports.com/reports/02042586125/global-smart-home-speakers-market-research-report-2021?Mode=S12

Contect Us:

Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.