Smart Home Market 2021 - 31 _ Industry Share, Size, Growth

1. Smart Home Market Smart Home Market (Technology: Wired and Wireless; and Product: Lighting Control, Security and Access Control Smart Speakers, Smart Kitchen, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, Report Preview Table of Content Smart Home Market Outlook 2031 The global smart home market was valued at US$ 87.2 Bn in 2020 It is estimated to expand at a CAGR of 22.5% from 2021 to 2031 The global smart home market is expected to reach the value of US$ 767.3 Bn by the end o Analysts’ Viewpoint on Smart Home Market Scenario Since touch has become a taboo amid the ongoing COVID-19 crisis, sales of smart home speakers is p Manufacturers are tapping areas of superior sound quality, smart-home utility, and stable multi-room over other players in the market landscape. They are developing devices that facilitate all-around listen hotel reservations. However, technological innovations in smart home digital assistants have reached smart home market should focus on the integration of voice and visual capabilities in devices to boost Home Security Solutions Gain Popularity in Smart Home Market Security innovations for smart homes is a highly talked-about concept in the smart home market. Sm becoming increasingly mainstream in the global market landscape. An alarming rate of thefts and vu end users to invest in future-proof home security solutions. Since home security is one of the top pr their homes, companies in the smart home market are capitalizing on this widespread trend. As such that offer real-time updates and notifications, especially when users are away from home. Remote monitoring of door locks and security cameras has become need of the hour in the market extending innovative services in which technicians are capable of changing traditional security elem into smarter versions of themselves. Request a sample to get extensive insights into the Smart Home Market Demand for Reliable Smart Air Purifiers amid COVID-19 Outbreak Following the outbreak of COVID-19 pandemic, many individuals are flocking to medical stores to p other personal protective equipment (PPE) to fight off the deadly infection. This trend has also trigg However, individuals are pondering whether smart air purifiers are really that effect to neutralize cor innovating in smart air filters and increasing their R&D activities to substantiate the size of coronavi It has been found that coronavirus particles can be neutralized through smart air purifiers, since thes

2. Light & Heat Control Preferred Feature in Smart Glass Installations Apart from innovations in HVAC control systems, smart appliances, and smart speakers, companies smart glasses. The surging demand for privacy, energy-efficiency, light & heat control, design innov reason for boosting the demand for smart glass. Smart glass, also known as electronically switchable interior designers and architects to control UV radiation, light, and glare. The use of smart glass is becoming considerably popular in premium smart homes of individuals fro heating and cooling as per external weather changes is a preferred feature by most users. Hence, ris for home balconies and bedroom windows is propelling the growth of the global market for smart h Smart Home Market: Overview The latest research report published by Transparency Market Research pertains to the global s 2016–2020, and forecast period 2021-2031 A smart home refers to a home, which has a smart home system that connects with the applia typically remotely controlled. The user can use a smart home system to program the sprinklers and cameras, or control appliances such as the refrigerator or air conditioning and heating. Gr expected to boost the market during the forecast period. The smart home allows the user to have greater control of energy use, all while automating & lights, opening and closing windows, and adjusting the sprinklers based on the weather Smart homes offer insights into energy use that can help the user to become more energy-eff smart home can pinpoint areas to the user where more energy than needed is being used, to c money. Smart Homes Help in Maximizing Home Security: Key Driver of Global Market Home security is strengthened when a user incorporates security and surveillance features in t home automation systems can connect motion detectors, surveillance cameras, automated do measures throughout the home so the user can activate them from one mobile device before to receive security alerts on the various devices depending on the time of day an alert goes of whether the user is in the house or halfway around the globe. Smart home systems tend to be highly flexible when it comes to accommodation of new devic Moreover, the user can probably add to the suite of devices, as it replaces the older ones or di indoor and outdoor space. Being able to integrate these technologies seamlessly will make the allow the user to keep upgrading to the latest lifestyle technology. Adoption of Smart Homes for Improved Appliance Functionality Smart homes can also help a user to run appliances better. A smart TV will help to find better a program. A smart oven can assist the user with cooking food to perfection -- without ever wor it. An intelligently designed home theater and audio system can make managing the movie and

3. Savant Systems LLC Schneider Electric SE Siemens AG Smart Home Market: Key Developments Key players in the smart home market, such as ABB Ltd., Schneider Electric SE, Apple, Inc., John focusing on innovating smart home solutions for greater market share of the market Additionally, players active in the smart home market are focusing on inorganic growth strateg merger & acquisition activities with technology partners to improve their offerings and market the global smart home market are highlighted below: In March 2021, Emerson Electric Co., entered into a technological partnership with Amer thermostats to customers to reduce energy use and cut cost In the global smart home market report, we have discussed individual strategies, followed by c home. The ‘Competition Landscape’ section has been included in the report to provide readers market share analysis of key players operating in the global smart home market. Smart Home Market Snapshot Attribute Detail Market Size Value in 2020 US$ 87.2 Bn Market Forecast Value in 2031 US$ 767.3 Bn Growth Rate 22.5% Forecast Period 2021-2031 Market Analysis US$ Bn for Value Technology Wired Wireless Product Lighting Control Security and Access HVAC Control Entertainment Smart Appliance Smart Speakers Smart Kitchen Others Key Market Segments Covered

4. U.S Canada Mexico Germany U.K France Spain Italy China India Japan ASEAN Saudi Arabia The United Arab Emirates South Africa Brazil Argentina Key Countries Covered ABB Ltd. Schneider Electric SE Apple, Inc. Johnson Controls PLC Siemens AG Key Companies Profiled Customization Scope Available upon Request Pricing Available upon Request Smart Home Market – Segmentation TMR’s research study assesses the smart home market on the basis of technology, product, and reg dynamics and progressive trends associated with different segments, and how they influence the gr Wired Wireless Technology Lighting Control Security and Access Control HVAC Control Entertainment Smart Appliance Smart Speakers Smart Kitchen Others Product