Smart Home Market Intelligence: Trends, Players, and Forecasts 2028

Smart Home Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the size, share & growth of the market.

Smart Home Market Intelligence: Trends, Players, and Forecasts 2028

MarkNtel Advisors Research Analyses that Smart Home Market is projected to grow at a CAGR of around 23.8% during the forecast period, i.e., 2023-28.

Which are the top companies operating in the Smart Home Market?

ABB Ltd., AMX, Johnson Controls, United Technologies Corporation, Emerson Electronics Co., Honeywell, Ingersoll-Rand PLC, Legrand S.A., Lutron Electronics, Inc., Schneider Electric S.A., Siemen AG, Tyco International Ltd., Robert Bosch GmbH, Siemens, and Samsung

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Competitive Landscape and Smart Home Market Share Analysis:

The competitive landscape of the Smart Home market offers detailed insights by company. These insights include company overviews, financial performance, revenue specific to the Smart Home market, segment market potential, R&D investments, new market strategies, global footprint, production sites and capacities, key strengths and weaknesses, product launches, product range and diversity, as well as dominant applications.

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Research Scope and Market Categories:

By Technology

  • Cellular Network Technologies
  • Protocols and Standards
  • Wireless Communication Technologies

By Software & Service

  • Behavioral
  • Proactive

By Product Type

  • Entertainment Controls
    • Audio, Volume and Multimedia Room Controls
    • Home Theater System Control
    • Touchscreen and Keypads
  • Security & Access Control
    • Video Surveillance
      • Hardware
      • Software
      • Services
    • Access Control
      • Non-Biometric Access Control
      • Biometric Access Control
    • HVAC Control
      • Smart Thermostats
      • Sensors
      • Actuators
      • Dampers
      • Control Valves
      • Heating and Cooling Coils
      • Pumps & Fans
      • Smart Vents
    • Smart Home Appliances
      • Smart Washer
      • Smart Dryers
      • Smart Water Heaters
      • Smart Vacuum Cleaners
    • Smart Kitchen
      • Smart Dishwashers
      • Smart Refrigerators
      • Smart Cookers
      • Smart Ovens
      • Smart Coffee Makers
      • Smart Kettles
    • Smart Lighting Control
      • Dimmers
      • Switches
      • Relays
      • Daylight Sensors
      • Timers
      • Others
    • Smart Furniture
      • Smart Tables
      • Smart Stools and Benches
      • Smart Sofas
      • Smart Chairs
      • Smart Desks
    • Others (Smart Plugs, Smoke Detectors, Smart Meters)

Geographically, the report provides an in-depth analysis of consumption, revenue, market share, and growth rate—along with historical data and forecasts for the period 2023–2028 as detailed in the respective chapters.

By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

 

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Which are the driving factors of the Smart Home Market?

Rising Need for Energy Efficiency to Reduce Running Costs

With alarming levels of carbon emissions as a result of rising warming, energy efficiency is a crucial aspect of any country's development. As smart Home account for a considerable portion of the world's total energy consumption, the mounting consumer need for enhanced energy savings & minimized living costs is the prime aspect projected to drive the market during 2023-28. Additionally, the rising number of smart buildings owing to rapid urbanization, the increasing penetration of smartphones & the internet, growing adoption of intelligent technologies in Home, such as video doorbells, voice-assistants (Alexa and Google Home), & surveillance systems, among others, are also projected to fuel the market growth through 2028.

Key Report Highlights:

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Comprehensive Table of Contents Smart Home Market Analysis and Forecast (2023-2028)

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Research Methodology
  1. Overview of Methodological Approaches
  2. Study Objectives
  3. Foundational Methodology
    1. Scope Definition
    2. Key Assumptions and Limitations
  1. Forecasting Approach
  1. Macroeconomic Outlook
  2. Smart Home Market Porters Five Forces Analysis
  3. Smart Home Market Supply Chain Analysis
  4. Smart Home Market Trends & Insights
  5. Smart Home Market Dynamics
    1. Drivers
    2. Challenges
  6. Smart Home Market Growth Opportunities & Hotspots
  7. Smart Home Market Policy & Regulations
  8. Smart Home Market Pricing Analysis
  9. Smart Home Market Outlook, 2020-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
      2. Units Sold

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