openPR Logo
Press release

Smart Home Market to Grow at a CAGR of 26.89% Between 2023-2030 to hit USD 539.54 by the End of Decade

10-30-2023 09:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: SNS Insider

/ PR Agency: SNS Insider
Smart Home Market Report 2023

Smart Home Market Report 2023

Smart Home Market Scope and Overview:

Using the most recent market research methods, market specialists expect that the Smart Home Market would enjoy considerable growth within the forecasted term. The research study includes both qualitative and quantitative data in terms of growth rate, market segmentation, market size, future trends, and geographical viewpoint. The market research covers global and regional markets and gives a detailed analysis of the market's overall growth prospects. Furthermore, it provides information on the global market's comprehensive competitive landscape.

The Smart Home is evaluated based on factors such as competitive analysis of developing players' and new entrants' progress, significant players' business expansion policies, and market participants' financial and opportunity analyses. The research was conducted utilizing the most modern market research technique, which can help organizations grasp the overall market situation and strategize accordingly.

"According to SNS Insider, the Smart Home Market size was estimated at USD 80.23 Bn in 2022, and is expected to reach USD 539.54 Bn by 2030, with a growing healthy CAGR of 26.89% over the forecast period 2023-2030."

Get a Sample Report of Smart Home Market @ https://www.snsinsider.com/sample-request/2864

Major Key Players Included are:

• Siemens AG
• Amazon Inc
• Robert Bosch GmbH
• Google Nest (Google LLC)
• Schneider Electric SE
• Legrand SA
• LG Electronics Inc
• Assa Abloy AB
• Samsung Electronics Co. Ltd.
• Delta Controls
• Sony Group Corp
• Crestron Electronics
• Philips Lighting B.V
• Honeywell International Inc
• ABB Ltd
• Others

Market Segmentation Analysis:

The research report includes crucial industry information as well as tables and figures to aid with the analysis. It is a valuable source of knowledge and direction for firms and everyone interested in the market. The global Smart Home Market is separated into four segments to better understand market dynamics: product type, application, geography, and end-use.

Market Segmentation & Sub-segmentation included are:

By Product:

• Light Control
• Security And Access Control
• HVAC Control
• Entertainment Control
• Smart Speaker
• Home Healthcare
• Smart Kitchen
• Home Appliances
• Home Furniture

By Application:
• New Construction
• Retrofit

By Protocol:
• Wired
• Wireless
• Hybrid

By Sales Channel:
• Direct
• Indirect

COVID-19 Pandemic Impact Analysis:

Case numbers are resurging in areas where the COVID-19 pandemic was waning, declining in areas that witnessed massive surges recently, and just beginning to grow in previously unaffected areas of the world. The research studies and analyses the influence of Coronavirus COVID-19 on the Smart Home Market, providing in-depth analysis and professional guidance on how to deal with the post-COIVD-19 period.

Regional Outlook:

Market analysts, data analysts, and people from connected industries assess product values and regional markets based on corporate revenue and applications market, respectively to generate Smart Home Market report. The method also allows for the creation of a regional market overview and prediction for each market sector.

Enquire about the Report @ https://www.snsinsider.com/enquiry/2864

Competitive Scenario:

The report also contains a dashboard overview of important firms, highlighting their effective marketing strategies, market participation, and recent achievements in both historical and current contexts. The goal of the Smart Home Market research project is to forecast market figures for the coming years based on previous year estimations for various sectors and geographies.

Key Reasons to Purchase Smart Home Market:

• The analysis delves into the market's primary drivers, challenges, opportunities, and risks, as well as supplier strategies.
• Data sources include, but are not limited to, corporate reports, international organizations and governments, market surveys, and industry news.

Conclusion:

The research report provides a thorough analysis of the Smart Home Market, covering information on several factors such as drivers, constraints, opportunities, and threats. This information can assist stakeholders in making sound investment decisions.

Get complete report details @ https://www.snsinsider.com/reports/smart-home-market-2864

Table of Contents - Major Key Points:

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1. COVID-19 Impact Analysis
4.2. Impact of Ukraine- Russia war
4.3. Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Smart Home Market Segmentation, By Product
9. Smart Home Market Segmentation, By Application
10. Smart Home Market Segmentation, By Protocol
11. Smart Home Market Segmentation, By Sales Channel
12. Regional Analysis
13. Company Profiles
14. Competitive Landscape
15. USE Cases and Best Practices
16. Conclusion

Buy Complete PDF of Smart Home Market Report 2023 @ https://www.snsinsider.com/checkout/2864

Contact Us:
Akash Anand - Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Website: https://www.snsinsider.com
Office No. 305-B, Arissa Avenue, Fountain Road, Kharadi, Pune, Maharashtra 411014

About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Our staff is dedicated to giving our clients reliable information, and with expertise working in the majority of industrial sectors, we're proud to be recognized as one of the world's top market research firms. We can quickly design and implement pertinent research programs, including surveys and focus groups, and we have the resources and competence to deal with clients in practically any company sector.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Home Market to Grow at a CAGR of 26.89% Between 2023-2030 to hit USD 539.54 by the End of Decade here

News-ID: 3268376 • Views:

More Releases from SNS Insider

Private Cloud Services Market Forecast Predicts Promising Growth Ahead
Private Cloud Services Market Forecast Predicts Promising Growth Ahead
Private Cloud Services Market Scope and Overview The Private Cloud Services Market has witnessed significant growth in recent years, fueled by the increasing adoption of cloud computing technologies across various industries. Private clouds offer enhanced security, control, and customization compared to public cloud services, making them a preferred choice for enterprises seeking to leverage cloud capabilities while maintaining data sovereignty and compliance. This report delves into the competitive landscape, market segmentation,
Video Surveillance Market Analysis Unveils Insights for Growth and Development
Video Surveillance Market Analysis Unveils Insights for Growth and Development
Video Surveillance Market Scope and Overview The Video Surveillance Market has seen significant growth over the past few decades, driven by advancements in technology and an increasing need for security across various sectors. Video surveillance systems, once primarily used for security purposes, have now expanded their applications to include monitoring, analysis, and even preventive measures in various industries. This report provides a comprehensive analysis of the video surveillance market, covering its
Electric Scooter Battery Market Charges Ahead, Propelling Sustainable Urban Mobility
Electric Scooter Battery Market Charges Ahead, Propelling Sustainable Urban Mobi …
The Global Electric Scooter Battery Market is experiencing a remarkable surge, fueled by the rising demand for eco-friendly and convenient transportation solutions in urban environments. As cities around the world grapple with traffic congestion, air pollution, and the need for sustainable mobility, the electric scooter battery market is poised to play a pivotal role in shaping the future of urban transportation. According to a comprehensive market research report, the electric
Solar-Powered Vehicle Market Accelerates Towards a Sustainable Future, Projected to Reach $6.05 Billion by 2031
Solar-Powered Vehicle Market Accelerates Towards a Sustainable Future, Projected …
The Global Solar-Powered Vehicle Market is rapidly gaining momentum, driven by the urgent need to combat climate change and reduce greenhouse gas emissions. As the world transitions towards a greener and more sustainable future, the adoption of solar-powered vehicles is emerging as a game-changer in the automotive industry. According to a comprehensive market research report, the solar-powered vehicle market, valued at $1.27 billion in 2023, is expected to reach a

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency