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Global Smart Homes Market Study, Opportunities & Forecast till 2025

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Global Smart Homes Market Study, Opportunities & Forecast till 2025

Publisher Mindaspire Market Research Pages 156 Format PDF
Publish Date 11 Nov 2018 Report ID MAMR52142358

Executive Summary:

Entertainment has become an important part of life as it provides relaxation and rejuvenation. A multi-room entertainment control system allows the user to centralize all connected devices and then listen to, watch, and control that equipment from every room in the house simultaneously or independently. Major control systems used in smart homes are audio, volume, and multimedia room controls.In 2017, the global smart Home market was valued at USD 39.68 billion and is expected to reach a value of USD 152.2 billion by 2025, registering a CAGR of 25.30% during 2017-2025. 

The global smart homes market is predicted to gain momentum in its growth because of the rising adoption of IoT. Urban populations showing an increasing inclination toward home automation for saving energy could set the tone for valuable growth in the global smart homes market. On the other hand, reducing prices of processors and sensors is expected to improve the demand in the global smart homes market. The growing need to improve home security, high focus on enabling ease of living, and rising disposable income of people could create several opportunities in the global smart homes market.

The threat of climate change, fluctuating energy prices and energy security and supply concerns have necessitated new ways of producing, delivering and consuming energy. In this regard, smart homes have gained increased attention in both policies and government regulations across the globe.


Key Market Players:

Honeywell International Inc 

Siemens AG

Schneider Electric SE 

ABB Ltd.

Johnson Controls Inc.

Emerson Electric Company

Samsung Electronics Co., Ltd.

LG Electronics Inc.

United Technologies Corporation

Crestron Electronics, Inc.

Skye Instruments Ltd.

The global Smart Homes market report exclusively focuses on its different type of drug, and application. On the basis of type of drug, the market is segmented into short acting insulin, rapid acting insulin, long acting insulin, and other. On the basis of end user, the market is segmented into hospital & clinics, ambulatory centers, other. Additionally, the regions considered in the report include North America, Europe, Asia-Pacific, and the LAMEA.

The report analyses the market shares of leading companies, value chain analysis, and porters’ five forces analysis to provide information on the current market trends across the globe and suggests future growth opportunities. 

By Product

Security & Surveillance System

Lighting Systems

HVAC&R Control

Energy Management

Entertainment Control


By Services

Installation & Repair


By Geography 

North America

o U.S.

o Canada

Latin America

o Brazil

o Mexico

o Argentina

o Rest of Latin America


o Western Europe






Rest of Western Europe 

o Eastern Europe


o China

o India

o Japan

o Australia and New Zealand


o Rest of Asia-Pacific

The Middle East & Africa

o Saudi Arabia

o Kuwait

o South Africa

o Qatar

o Rest of Middle East and Africa

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