Press release
Segmentation, Major Trends, and Competitive Overview of the Single-Family Smart Homes Market
Single-Family Smart Homes Market
Forecasted Market Size and Growth of the Single-Family Smart Homes Market
The single-family smart homes market is projected to experience remarkable growth over the coming years, reaching a valuation of $314.46 billion by 2030. This expansion is expected at a compound annual growth rate (CAGR) of 18.1%. The surge is fueled by the swift development of integrated smart ecosystems, rising demand for energy-efficient connected devices, growth in AI-powered home automation, increased availability of affordable smart appliances, and broader adoption of wireless and sensor technologies. Throughout the forecast period, key trends will include growing use of integrated smart home systems, enhanced interest in smart security and monitoring solutions, expansion of energy-efficient automated household systems, rising smart entertainment options, and increasing reliance on voice-controlled and app-based home management tools.
Download a free sample of the single-family smart homes market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3798&type=smp
Top Players Driving the Single-Family Smart Homes Market
The single-family smart homes market is led by several prominent companies, including Lennar Corporation, PulteGroup, Inc., Meritage Homes Corporation, KB Smart Home, TRI Pointe Group Inc., Shea Homes, McGuyer Homebuilders, Inc., Porter Davis, Henley and home automation, Carlisle and home automation, Plantation Homes, Tianjin Quick Smart House Co. Ltd, Larsen & Toubro, Gera Developments Company, Panchshil Developers, Daiwa House Industry Co., Ltd, Kier Group plc, ELAN Home, Loxone, D.R. Horton, Toll Brothers, Taylor Morrison, Ryan Homes, Ashton Woods, Smart Home Building Contracting LLC, Simpletech, and Qi Systems.
A significant development in this space took place in March 2023 when NRG Energy, Inc., a U.S.-based nuclear electric power producer, acquired Vivint Smart Home Inc. Although the financial terms were not disclosed, this acquisition enables NRG Energy to merge energy supply with smart home services, creating a unified platform aimed at enhancing customer engagement and delivering more comprehensive home solutions. Vivint Smart Home Inc. is known for its integrated home security and smart technology services tailored to single-family residences.
Key Market Trends Positively Influencing Single-Family Smart Homes
Leading companies in the single-family smart homes sector are prioritizing innovation by offering suites of connected products designed to create cohesive and intelligent home environments. These products, often internet-enabled, allow homeowners to control various devices remotely via smartphones or other digital interfaces.
For example, in April 2023, Resideo Technologies, a U.S.-based manufacturer of home technology solutions, launched the Honeywell Home T10+ Smart Thermostat Kits. This advanced thermostat system boosts indoor air quality and comfort by managing humidification, dehumidification, and ventilation simultaneously. The device incorporates Resideo's proprietary RedLINK 3.0 technology, representing a significant upgrade over previous models and highlighting the industry's focus on multifunctional smart home components.
View the full single-family smart homes market report:
https://www.thebusinessresearchcompany.com/report/single-family-smart-homes-global-market-report
Segmentation Overview of the Single-Family Smart Homes Market
The market for single-family smart homes is segmented across multiple dimensions to reflect the diverse products and technologies involved:
1) By Product Category:
- Home Monitoring and Security
- Smart Lighting
- Entertainment
- Smart Appliances
- Combination Systems
- Other Products
2) By Software and Service Type:
- Proactive Systems
- Behavioral Systems
3) By Technology Used:
- Wi-Fi
- Bluetooth
- GSM/GPRS
- RFID
- Other Technologies
Further subcategories provide more specific insights:
- Home Monitoring and Security includes smart cameras and video doorbells, motion sensors and alarms, smart locks, and access control systems.
- Smart Lighting covers smart bulbs and fixtures, lighting control systems, and automated schedules or scenes.
- Entertainment comprises smart speakers, audio systems, streaming devices, smart TVs, and home theater systems.
- Smart Appliances include smart refrigerators, ovens, cooking appliances, thermostats, and HVAC systems.
- Combination systems refer to integrated smart home setups or bundles that include multiple smart devices.
- Other products consist of smart blinds and shades, smart irrigation systems, and home health monitoring devices.
This detailed segmentation highlights the broad scope and versatility of the single-family smart homes market as it adapts to evolving technology and consumer preferences.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Segmentation, Major Trends, and Competitive Overview of the Single-Family Smart Homes Market here
News-ID: 4380275 • Views: …
More Releases from The Business Research Company
Leading Companies Spearheading Innovation and Growth in the Automotive X-By-Wire …
The automotive industry is undergoing a major transformation driven by innovative technologies that replace traditional mechanical linkages with electronic controls. Among these advancements, automotive x-by-wire systems are gaining significant attention for their potential to improve vehicle performance, safety, and efficiency. Let's explore the market size, key players, dominant trends, and segmentation within this rapidly evolving sector.
Projected Market Size and Growth of the Automotive X-By-Wire Systems Market
The automotive x-by-wire…
Automotive Vehicle to Everything (V2X) Communications Market Overview: Major Seg …
The automotive vehicle-to-everything (V2X) communications market is positioned for rapid expansion over the coming years as advanced technologies reshape transportation. With innovations in connectivity and safety playing critical roles, the market is set to evolve significantly, impacting how vehicles interact with each other and their surroundings. Below is an overview of the market's growth prospects, leading companies, emerging trends, and key segments shaping this dynamic industry.
Forecast for Growth in the…
Key Players and Competitive Environment in the Automotive Windshield Market
The automotive windshield market is on track for significant expansion in the coming years, driven by technological advancements and evolving vehicle designs. With the rise of electric and autonomous vehicles, alongside innovations in safety and display integration, this sector is set to see remarkable growth. Let's explore the market size forecasts, key players, emerging trends, and the segmentation that shapes this dynamic industry.
Forecasted Growth and Market Size of the Automotive…
Leading Companies Solidify Their Presence in the Autonomous Boats Market
The autonomous boats sector is gaining significant traction as technological advancements and industry demands evolve. With increasing interest in unmanned operations and sustainable marine solutions, this market is set for notable expansion over the coming years. Let's explore the current market size, key players, emerging trends, and segmentation to understand the direction this innovative industry is heading.
Projected Growth and Market Size of Autonomous Boats
The autonomous boats market is…
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…
