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Global Single-Family Smart Homes Market: Market Segments: By Product ; By Technology ; And Region - Analysis Of Market Size, Share & Trends For 2022 And Forecasts To 2031
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The global single-family smart homes market report by the business research company identifies increasing number of connected homes and the growing implementation of smart home appliances to be a major growth driver for the single-family smart homes market. smart home appliances including speakers, home healthcare products, lightning systems, smart kitchens, smart furniture, and HVAC control solutions, is projected to contribute to the higher demand for the single-family smart homes market. According to the smart home statistics of 2021, 57% of homes in Britain contain a smart device, and 23% of Britain, i.e., 66.44 million people, have a smart item. In addition, in the UK, there are 2.22 million smart homes. Therefore, the increasing implementation of smart home appliances together with a growing number of connected homes across the globe is anticipated to boost the demand for the single-family smart home market over the forecast period.
The global single-family smart homes market grew from $70.15 billion in 2021 to $83.78 billion in 2022 at a compound annual growth rate (CAGR) of 19.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The single-family smart homes market is expected to grow to $162.87 billion in 2026 at a CAGR of 18.1%.
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Asia Pacific is the largest region in the single-family smart homes market in 2021. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the single-family smart homes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the single-family smart homes market are Lennar Corporation; Meritage Homes Corporation; Metricon; Porter Davis; Henley; Carlisle; Elan Homes (Nortek Security & Control, LLC); PulteGroup Inc.; KB Smart Home; TRI Pointe Group.
The Global Single-Family Smart Homes Market Is Segmented -
1) By Product: Smart Lighting, Entertainment, Smart Appliances, Other
2) By Technology: Wi-Fi, Bluetooth, GSM/GPRS, RFID, Others
3) By Software and Service: Proactive, Behavioral.
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The Single-Family Smart Homes Market Report Contents Include
1. Executive Summary
2. Single-Family Smart Homes Market Characteristics
3. Single-Family Smart Homes Market Trends And Strategies
4. Single-Family Smart Homes Market - Macro Economic Scenario
5. Single-Family Smart Homes Market Size And Growth
....
26. Africa Single-Family Smart Homes Market
27. Single-Family Smart Homes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Single-Family Smart Homes Market
29. Single-Family Smart Homes Market Future Outlook and Potential Analysis
30. Appendix
This 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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