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Global Smart Homes Market will reach $150 billion by 2025

 

The Global Smart/Connected home market has reached to about USD 150 billion by 2025 and is expected to grow at 12.9% annually through from 2020-2025. This factors contributing towards the growth are considerable growth of IoT market, improving energy efficiency, and increasing demand for security devices. Favorable government regulations are being implemented in several countries across the globe and next generation technologies, such as 3D gesture-based remote control in the home entertainment will present huge opportunities for smart home market.

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The software and services pertaining to smart homes has been growing at a considerable rate as it enables users to control systems and devices installed in their homes by the houston general contractor. Most of the devices/systems, such as lighting control, HVAC control, security and access control, entertainment control, smart kitchen, and smart home appliances can be accessed and controlled using smartphones, computers, tablets, laptops, and hubs as these are enabled by the compatible software solutions and algorithms designed by smart home providers. Some of the prominent players in this market are Vivint, Inc. (US.), Comcast Corporation (US), The ADT Corporation (US), GE Healthcare (UK), AT&T, Inc. (US), Siemens Healthcare (Germany), Opower (US) and Time Warner Cable (US)  which provide software solutions and services for smart homes.

By Region, the North American region captured the largest share of 45% in 2019, However, the rising number of new residential projects and the increasing initiatives to strengthen the building infrastructure and increased focus on smart homes and smart cities is expected to make Asia-Pacific a potential market through 2025. The high demand for energy saving products in Europe is also an important market for smart homes, as this region has been majorly focusing on energy savings.

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Table of Content

1  Introduction
1.1  Goal  &  Objective
1.2  Report  Coverage
1.3  Supply  Side  Data  Modelling  &  Methodology
1.4  Demand  Side  Data  Modelling  &  Methodology

2  Executive  Summary

3  Market  Outlook
3.1  Introduction
3.2  Current  &  Future  Outlook
3.3  DROC
3.3.1  Drivers
3.3.2.1  Demand  Drivers
3.3.2.2  Supply  Drivers
3.3.2  Restraints
3.3.3  Opportunities
3.3.4  Challenges
3.4  Market  Entry  Matrix
3.5  Market  Opportunity  Analysis
3.6  Market  Regulations
3.7  Pricing  Mix
3.8  Key  Customers
3.9  Value  Chain  &  Ecosystem

4  Market  Demand  Analysis
4.1  Smart  Home  Market,  Protocols  and  Technologies
4.2  Protocols  &  Standards
4.2.1  Digital  Addressable  Lighting  Interface  (DALI)
4.2.2  KNX
4.2.3  Modbus
4.2.4  Building  Automation  and  Control  Network  (BACNet)
4.2.5  Black  Box
4.2.6  Power  Line  Communication  (PLC)
4.2.7  Digital  Multiplexer  (DMX)
4.2.8  Lonworks
4.2.9  Ethernet
4.3  Cellular  Network  Technologies
4.3.1  4G&5G  Network
4.3.2  GSM  (Global  System  for  Mobile  communication)/HSPA  Networks
4.3.3  Code-division  multiple  access  (Cdma)  Networks
4.4  Wireless  Communication  Technologies
4.4.1  ZigBee
4.4.2  Z-Wave
4.4.3  Enocean
4.4.4  Wi-Fi
4.4.5  Bluetooth
4.4.6  Thread
4.4.7  Infrared

5  Smart  Home  Market,  By  Application
5.1  By  Product
5.2  Lightning  Controls
5.2.1  Relays
5.2.2  Timers
5.2.3  Occupancy  Sensors
5.2.4  Daylight  Sensors
5.2.5  Dimmers
5.2.6  Switches
5.2.7  Accessories  and  Other  Products
5.3  HVAC  Control
5.3.1  By  Product
5.3.1.1  Smart  Thermostats
5.3.1.2  Sensors
5.3.1.3  Control  Valves
5.3.1.4  Heating  and  Cooling  Coils
5.3.1.5  Pumps  &  Fans
5.3.1.6  Smart  Vents
5.4  Security  and  Access  Control
5.4.1  Security  Control,  By  Product
5.4.1.1  Video  Surveillance
5.4.1.2  Video  Analytics
5.4.1.3  Security  Cameras
5.4.1.4  Monitors
5.4.1.5  Storage  Devices
5.4.1.6  Hardware
5.4.1.7  Accessories
5.4.1.8  Services
5.4.2  Access  Control
5.4.2.1  Iris  Recognition
5.4.2.2  Facial  Recognition
5.4.2.3  Biometric  Access  Control
5.4.2.4  Fingerprint  Recognition
5.4.2.5  Others
5.4.2.6  Non-Biometric  Access  Control to be continued –https://www.supplydemandmarketresearch.com/home/toc_publisher/499854?code=SDMRSE499854

Report Scope:
The IQF Fruits market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2017 to 2024. The market segmentations include,

Global Smart Homes Market, By Protocols  and  Technologies 
• Protocols  &  Standards
• Cellular  Network  Technologies
• Wireless  Communication  Technologies

Global Smart Homes, By Application
• Lightning  Controls
• HVAC Control
• Security and Access Control
• Smat Kitchen
• Entertainment and Other Controls
• Others

Global Smart Homes Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World

The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players.Siemens AG (Germany), General Electric Company (US), Johnson Controls, Inc. (US), Schneider Electric (France), ABB Ltd. (Switzerland), Honeywell International, Inc. (US), United Technologies Corporation (US), Ingersoll-Rand PLC (Ireland), Samsung Electronics Co., and Legrand S.A. (France).

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