Smart Home Market

1. Smart Home Market 2030 Forecast: USD 342.37 Billion at 19.89% CAGR sales@delvens.comwww.delvens.com

2. Smart Home Market – Trends Forecast Till 2030 Smart Home Market, by Products (lighting control, security & access controls, entertainment devices, hvac, smart kitchen appliances, home appliances, smart furniture, home healthcare, other devices), By Application (new construction, retrofit), By Protocols (wireless, wired, hybrid), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Get a Sample Copy of the Smart Home Market Research Report: https://www.delvens.com/get-free-sample/smart-home-market sales@delvens.com www.delvens.com

3. Market Overview sales@delvens.com www.delvens.com

4. Smart Home Market Overview The Smart Home Market size was estimated at USD 96.16 billion in 2023 and is projected to reach USD 342.37 billion in 2030 at a CAGR of 19.89% during the forecast period 2023-2030. A smart home is one that has several systems and technologies incorporated into it that allow its owners to control various aspects of the property. Smart houses may have features like locks that can be opened by pressing a button, lights that turn on when you enter the room, and thermostats that adjust the temperature based on your preferences. Even home security or energy consumption may be tracked by some smart home devices. The simplicity and security of automating house systems are two of the most obvious advantages of installing a smart home system. A smart house allows for smartphone-based direct management of lights, locks, thermostats, and security systems. Inquire before you purchase to increase your business' revenue: https://www.delvens.com/Inquire-before-buying/smart-home-market

5. Delvens Industry Expert's Standpoint The Smart Home Market is expected to grow during the forecast period. This growth can be attributed to several factors. The ability to control smart devices using voice commands has been made feasible by the rise of digital assistants like Alexa and Siri. The desire for smart home goods is fuelled by the new functionalities of these digital assistants, such as Bluetooth speaker control. Customers appreciate customized products because they are more practical and provide a superior user experience. The internet of things (IoT), artificial intelligence (AI), and other modern technologies are being adopted quickly, which has a big influence on market growth. The market for smart homes has expanded as a result of a rise in IoT adoption rates in both developed and developing countries. However, it is expensive because of the use of cutting-edge technology, engineering, manufacturing, and the setup or installation costs of smart home appliances. This might hamper the growth of the market during the forecast period.

6. Smart Home Market Regional Analysis • North America to Dominate the Market • North America is estimated to account for the largest market share during the forecast period because of the such evolving lifestyles, growing reliance on smart gadgets, and increased security concerns. • Moreover, increasing number of regional vendors in the smart home industry is expected to drive the growth of the market during the forecast period.

7. Competitive Landscape • ABB Ltd • ASSA ABLOY • Axis Communications AB • Cisco Systems Inc. • Control4 Corporation • Emerson Electric Co. • General Electric Company • Google Inc. • Honeywell International Inc. • IBM Corporation • Johnson Controls • Legrand SA • LG Electronics Inc. • Lutron Electronics Co. Inc. • Microsoft Corporation • Schneider Electric SE • Shenzhen Zhuohao Intelligent Electronic Development Co. Ltd (ACTOP) • Siemens AG • Smarthome Inc. • United Technologies Corporation sales@delvens.com www.delvens.com

8. Reasons to Acquire • Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors. • Gain authentic and granular data access for the Smart Home Marketto understand the trends and the factors involved in changing market situations. • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future. • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns. Direct Purchase of Prefabricated Building and Modular Construction Market Report Research Report: https://www.delvens.com/checkout/smart-home-market sales@delvens.com www.delvens.com

9. Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-8638-5055 sales@delvens.com WEBSITE: https://delvens.com/ sales@delvens.com www.delvens.com