Press release
Global Single Family Smart Homes Market Overview Covering Forecast Market Size And Growth Rate | Lennar Corporation, Meritage Homes Corporation, Metricon, Porter Davis, Henley, Carlisle
Single Family Smart Homes Global Market Report
The Business Research Company's Single Family Smart Homes Global Market Report 2023 identifies the increasing number of connected homes and the growing implementation of 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.
The global single-family smart homes market size will grow from $83.78 billion in 2022 to $99.14 billion in 2023 at a compound annual growth rate (CAGR) of 18.3%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global single-family smart homes is expected to grow to $191.83 billion in 2027 at a CAGR of 17.9%.
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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.
A key trend in the Single Family Smart Homes market includes the Technological advancements related to the internet of things (IoT) and smart home devices are a major trend in the industry.
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The Single Family Smart Homes market is segmented -
1) By Product: Smart Lighting, Entertainment, Smart Appliances, Other Products
2) By Technology: Wi-Fi, Bluetooth, GSM/GPRS, RFID, Other Technologies
3) By Software and Service: Proactive, Behavioural
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Single Family Smart Homes market.
The Business Research Company's "Global Single Family Smart Homes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Single Family Smart Homes Market 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
……
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
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