Global smart home market is projected to register a CAGR of 17.4% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.


Market Segmentation:

Global Smart Home Market By Product Type (Entertainment Controls, Security and Access Control, HVAC Control, Home Appliances, Smart Kitchen, Lighting Control, Smart Furniture, Home Healthcare and Others), Technology (Wireless, Wired), Software & Service (Behavioral, Proactive), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Hungary, Rest of Europe, China, India, Japan, Taiwan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest of Asia-Pacific, South Africa, Egypt, Saudi Arabia, U.A.E, Israel and Rest of Middle East & Africa) Industry Trends and Forecast to 2027

Some of the major factors contributing to the growth of the global smart home market are:

• Growing consumption of internet and internet-enabled devices is driving the market growth.

• Increase in use of smartphones for controlling smart home appliances is augmenting the market growth.


Market Players

Some of the major players operating in the smart home market are:

• SAMSUNG
• Robert Bosch GmbH
• Schneider Electric
• Siemens
• Haier Group
• Google (A Subsidiary of Alphabet Inc.)
• GENERAL ELECTRIC COMPANY (A Subsidiary of General Electric)
• Resideo Technologies, Inc
• ABB
• Emerson Electric Co.
• Johnson Controls.
• Carrier
• Legrand
• ADT
• Vivint, Inc.
• ACUITY BRANDS LIGHTING, INC.
• The Chamberlain Group, Inc.
• Brinks Home Security
• Sleep Number Corporation
• Leviton Manufacturing Co., Inc.
• Crestron Electronics, Inc.
• Hanwha Techwin America.
• Switchmate
• Lifi Labs, Inc.
• Kuna Systems
• Lutron Electronics Co., Inc
• Nice S.p.A.