Press release
Smart Homes Market Growth, Global Analysis, Share and Industry Forecast 2025
Smart home technology involves variety of different engineering challenges, including software programing, PCB design, Wi-Fi, TCP/IP protocols, Web Server logic design, and other aspects. Home monitoring cameras and connected door locks are among the most popular devices in a smart home.Smart home is the term generally used to define a house that uses a home controller to incorporate the house's several home automation systems. Smart home technology is a combined term for information- and communication technology (ICT) as used in houses.
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Market Dynamics: (smart home market growth)
Drivers:
• Keep energy levels down while providing more automated applications.
• Personal and family security.
Restraints: (smart home market analysis)
• High upfront investment required for well-integrated smart technologies.
Market Players: (smart home market forecast)
The top players in the global smart homes market include Cisco Systems, Inc., Control4 Corporation, Leviton MFG. Company Inc., Schneider Electric SA, Siemens Building Technologies, United Technologies Corporation, Honeywell Scanning & Mobility, Smarthome, Inc., Emerson Electric Co., and LG Electronics Inc.
Market Landscape by Product Type
• Lighting Control (smart home market share)
• HVAC Control
• Security and Access Control (smart home security market)
• Smart Kitchen (automated home market)
• Entertainment & Other Controls
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Key Point from Table of content
7. Company profiles
7.1. Cisco Systems, Inc.
7.1.1. Overview (smart home products market)
7.1.2. Financials and business segments
7.1.3. Recent developments
7.2. Control4 Corporation
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent developments
7.3. Leviton MFG. Company Inc.
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent developments
7.4. Schneider Electric SA
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent developments
7.5. Siemens Building Technologies
7.5.1. Overview
7.5.2. Financials and business segments
Based on product type, the market is segmented into lighting control, HVAC control, security and access control, smart kitchen, and entertainment & other controls. Based on technology, the market is classified into bluetooth, zigbee, radiofrequency identification, GSM/GPRS- cellular technology, Wi-Fi technology, and computing technologies.
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Market Landscape by Technology
• Bluetooth
• Zigbee
• Radiofrequency Identification
• GSM/GPRS- Cellular Technology
• Wi-Fi Technology
• Computing Technologies
About us:
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in India with an aim to deliver up-to-date executive support to foster overall growth of an organization in its domain.
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