North America smart home market is projected to register a CAGR of 17.7% 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:
North America 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) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the North America smart home market are:
• Increasing adoption of smart entertainment products and appliances is driving the market growth.
• Rising spending capacity and technological advancement 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.