Press release
Smart Homes Market Is Likely To See Exponential Growth In The Forecast Period | Honeywell International Inc, Siemens AG, Johnson Controls International
The global smart homes market size is expected to grow from $76.95 billion in 2021 to $91.79 billion in 2022 at a compound annual growth rate (CAGR) of 19.3%. The global smart homes market size is expected to grow to $205.61 billion in 2026 at a CAGR of 22.3%.The Business Research Company offers the Smart Homes Global Market Report 2022 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 trends and strategies that players in the market can adopt.
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The smart homes market consists of sales of smart home solutions by entities (organizations, sole traders, and partnerships) that are defined as a system that connects with the appliances in the house for automating various tasks. Smart homes offer homeowners comfort, security, energy efficiency, and convenience by allowing them to control their smart devices. They are remotely controlled through a smart home app on the smartphone or various other networked devices.
Some key smart homes market players are Honeywell International Inc, Siemens AG, Johnson Controls International, Schneider Electric SE, United Technologies Corporation, Amazon Inc, Apple, Google, Robert Bosch GmbH, Samsung Electronics, LG Electronics, Sony Corporation, Control4 Corporation, Comcast Corporation, Lutron Electronics Co. Inc, Legrand SA, Smart home Inc, General Electric Company, Ingersoll-Rand PLC, Delta Controls, Axis Communications, Crestron Electronics, SimpliSafe, Armorax and Canary.
The countries covered in the global smart homes market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global smart homes market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Smart Homes Market Segmentation:
By Product
1. Lighting Control
2. Security and Access Control
3. Heating, Ventilation, and Air Conditioning (HVAC) Control
4. Entertainment Control and Other Controls
5. Smart Speaker
6. Home Healthcare
7. Smart Kitchen
8. Home Appliances
9. Smart Furniture
By Software And Services
1. Behavioural
2. Proactive
By Sales Channel
1 Direct
2. Indirect
By Technology
1. Wireless Technology
2. Cellular Network Technology
By Standards And Protocols
1. Wireless Protocols
2. Wired Protocols
3. Hybrid Protocols
See more on the report at https://www.thebusinessresearchcompany.com/report/smart-homes-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Smart Homes Market Characteristics
3. Smart Homes Market Trends And Strategies
4. Impact Of COVID-19 On Smart Homes
5. Smart Homes Market Size And Growth
……
26. Africa Smart Homes Market
27. Smart Homes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Homes Market
29. Smart Homes Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the 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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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 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.
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