Smart Home Devices Market Share, Size, Future Growth, Applications, Future Technology

 The global smart home devices market size reached USD 84.52 Billion in 2021 and is expected to register a revenue CAGR of 10.4% during the forecast period, according to latest analysis by Emergen Research. The incorporation of lighting controllers with in-built data-connectivity technology is an important factor driving market revenue growth.

The report on the Smart Home Devices market is formed through broad essential and auxiliary examination alongside subjective and quantitative investigation of crucial parts of the market. The clever information is additionally approved and checked by the business experts. The report endeavours to offer further experiences into the general market situation of the Smart Home Devices business circle.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Smart Home Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

SAMSUNG, LG Electronics, Honeywell International Inc., Koninklijke Philips N.V, Amazon.com, Inc., Robert Bosch GmbH, Apple Inc, Panasonic Holdings Corporation, Sony Corporation

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Emergen Research has segmented the global Smart Home Devices market on the basis of type, application, end-use, and region:

  • Product Outlook (Revenue, USD Billion; 2019–2030)

    • Fire Suppression
    • Lighting Control
      1. Relays
      2. Occupancy Sensors
      3. Daylight Sensors
      4. Timers
      5. Dimmers
      6. Switches
      7. Accessories and Other Products
    • Security and Access Control
      1. Video Surveillance
      2. Hardware
      3. Software/Video Analytics
      4. Price Ranges
    • Access Control
      1. Biometric Access Control
      2. Non-Biometric Access Control
    • HVAC Control
      1. Smart Thermostats
      2. Sensors
      3. Control Valves
      4. Heating & Cooling Coils
      5. Dampers
      6. Actuators
      7. Pumps & Fans
      8. Smart Vents
    • Entertainment and Other Controls
      1. Entertainment Control
      2. Other Controls
    • Smart Speaker
    • Home Healthcare
      1. Health Status Monitors
      2. Physical Activity Monitors
    • Smart Kitchen
      1. Smart Refrigerators 
      2. Smart Coffee Makers
      3. Smart Kettles
      4. Smart Dish Washers
      5. Smart Ovens
      6. Smart Cooktops
      7. Smart Cookers
    • Home Appliances
      1. Smart Washers
      2. Smart Dryers
      3. Smart Water Heaters
      4. Smart Vacuum Cleaners
    • Smart Furniture
      1. Smart Tables
      2. Smart Desks
      3. Smart Stools & Benches
      4. Smart Sofas
      5. Smart Chairs

  • Price Range Outlook (Revenue, USD Billion; 2019–2030)

    • Below USD 25 Smart Home Device
    • USD 25-50 Smart Home Device
    • Above USD 50 Smart Home Device

  • Sales Channel Outlook (Revenue, USD Billion; 2019–2030)

    • Online
    • Offline

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the Smart Home Devices Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Smart Home Devices Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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