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Smart Home Market with COVID-19 Impact Analysis by Product (Lighting Control, Security & Access Control, HVAC Control, Entertainment, Home Healthcare), Software & Services (Proactive, Behavioural), and Region - Global Forecast to 2025

July 2020 | 307 pages | ID: S49518F0306EN
MarketsandMarkets

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“The smart home market is expected to grow at significant CAGR during the forecast period.”

The global smart home market size is expected to grow from USD 78.3 billion in 2020 to USD 135.3 billion by 2025, at a CAGR of 11.6% during the forecast period. The growth of the smart home industry is driven by various factors, such as the increasing number of internet users, and the growing adoption of smart devices, rising disposable income of people in developing economies.

Moreover, the rising importance of home monitoring in remote locations, increasing need for energy-saving and low carbon emission-oriented solutions, the rapid proliferation of smartphones and smart gadgets, expansion of smart home product portfolio by a large number of players, growing concern about safety, security, and convenience among the general population will drive growth.

“Entertainment and other control systems are likely to hold the largest share of the smart home market in 2020.”

Entertainment has become an important part of life as it provides relaxation and rejuvenation. A multi-room entertainment control system allows the user to centralize all connected devices and then listen to, watch, and control that equipment from every room in the house simultaneously or independently.

Major control systems used in smart homes are audio, volume, and multimedia room controls. The growth of the market for audio, volume, and multimedia room controls is driven by the convenience offered for managing as well as controlling the entertainment systems within a house.

Advancements in wireless communication technologies are a major factor in boosting the growth of the market for home theater system controls, thereby driving the overall smart home market for entertainment controls. The large market share of this segment can be attributed to the high penetration rate of products such as smart meters and smoke detectors. The increasing cost of electricity is a major concern that drives household consumers toward energy savings. Moreover, the rising popularity of smart plugs, smart hubs, and smart locks are fueling the adoption of control systems.

“Behavioral type software and services are expected to account for the largest market share in 2020.”

The increasing connectivity between machine-to-machine solutions and the Internet of Things is driving the growth of the smart home and energy management markets, which has, in turn, influenced the growth of the market for software and services for smart homes. The behavioral type software and services help analyze energy-related data and forward it to end-users. This category is restricted to transmitting and receiving data and does not perform intelligent actions like the proactive type. Behavioral type solutions provide direct feedback to end-users, thereby providing the basic information regarding the real-time energy data, along with the historical data reflecting energy usage. Therefore, behavioral type software and services are likely to hold the largest market share in 2020.

“North America and APAC considered major markets for smart homes.”

North America is likely to account for the largest share of the global smart home market in 2020 owing to the increasing demand for reliable home energy management systems and enhanced home security levels, as well as the growing popularity of smart devices such as tablets and smartphones. The smart home market in APAC is expected to grow at the highest rate during the forecast period. Factors such as strong economic growth, increased population, improved standard of living, and rapid urbanization leads to a sophisticated infrastructure and driving the growth of the smart home market in this region.

Breakdown of profiles of primary participants:
  • By Company: Tier 1 = 10 %, Tier 2 = 30%, and Tier 3 = 60%
  • By Designation: C-Level Executives = 50%, Directors = 25%, and Others = 25%
  • By Region: North America = 60%, Europe = 20%, APAC = 10%, and RoW = 10%
Major players profiled in this report are as follows:
  • Johnson Controls International (Ireland)
  • United Technologies Corporation (US)
  • Schneider Electric (France)
  • Honeywell International, Inc. (US)
  • Siemens AG (Germany)
  • Amazon, Inc. (US)
  • Apple Inc. (US)
  • Google (US)
  • ADT (US)
  • Robert Bosch GmbH (Germany)
  • ASSA ABLOY (Sweden)
  • ABB (Switzerland)
  • Legrand S.A. (France)
  • Samsung Electronics Co., Ltd. (South Korea)
  • Delta Control (US)
  • Sony (Japan)
  • Control4 Corp. (US)
  • Vivint (US)
  • Axis Communication AB (Sweden)
Research Coverage

In this report, the smart home market has been segmented based on the product, software and services, and geography. The smart home market, by product, has been segmented into lighting control, security and access control, HVAC control, entertainment & other controls, smart speaker, home healthcare, smart kitchen, home appliances, and smart furniture. In addition, the study segments the market by software and services into behavioral and proactive. The study also covers the market in 4 major regions: North America, Europe, APAC, and RoW.

Key benefits to buy the report

The report would help key players/new entrants in this market in the following ways.

1. This report segments the smart home market comprehensively and provides the closest approximations of the overall market size and that of the subsegments across different verticals and regions.
2. The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the market. The competitive landscape section includes competitor ecosystem, product launches and developments, partnerships, and mergers and acquisitions carried out in the market in the recent past.
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 DEFINITION
  1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
  1.3.1 MARKETS COVERED
  FIGURE 1 MARKET SEGMENTATION
  1.3.2 PRODUCTS COVERED UNDER EACH MAJOR CATEGORY
1.4 YEARS CONSIDERED
1.5 CURRENCY
1.6 PACKAGE SIZE
1.7 LIMITATIONS
1.8 STAKEHOLDERS

2 RESEARCH METHODOLOGY

  FIGURE 2 SMART HOME MARKET: RESEARCH DESIGN
2.1 FACTOR ANALYSIS
  2.1.1 DEMAND-SIDE ANALYSIS
    2.1.1.1 Growing demand in the real estate industry
  FIGURE 3 ESTIMATED SIZE OF GLOBAL REAL ESTATE MARKET (USD TRILLION)
    2.1.1.2 High adoption of access control solutions owing to increasing crime rates globally
  TABLE 1 TOP 10 COUNTRIES WITH HIGHEST NUMBER OF TERROR ATTACKS AND FATALITIES, 2018
  2.1.2 SUPPLY-SIDE ANALYSIS
    2.1.2.1 Prices of smart home solutions likely to decline due to high growth in wireless technologies & IOT
  FIGURE 4 GROWTH IN WIRELESS TECHNOLOGIES EXPECTED TO IMPACT SUPPLY SIDE
2.2 MARKET SIZE ESTIMATION
  2.2.1 BOTTOM-UP APPROACH
  FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  2.2.2 TOP-DOWN APPROACH
  FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
  FIGURE 7 SMART HOME MARKET: DATA TRIANGULATION MODEL
2.4 MARKET SHARE ESTIMATION
  2.4.1 KEY DATA FROM SECONDARY SOURCES
  2.4.2 KEY DATA FROM PRIMARY SOURCES
    2.4.2.1 Key industry insights
    2.4.2.2 Breakdown of primaries
2.5 ASSUMPTIONS

3 EXECUTIVE SUMMARY

  FIGURE 8 COMPARATIVE ANALYSIS PRE- AND POST-COVID-19 IMPACT ON SMART HOME MARKET
  TABLE 2 COVID-19 IMPACT ANALYSIS FOR SMART HOME MARKET, 2017–2025 (USD MILLION)
  FIGURE 9 ENTERTAINMENT AND OTHER CONTROLS TO HOLD LARGEST MARKET SHARE DURING THE FORECAST PERIOD
  FIGURE 10 BEHAVIORAL SOFTWARE AND SERVICES TO HOLD LARGER SHARE OF SMART HOME MARKET BY 2025
  FIGURE 11 NORTH AMERICA DOMINATED SMART HOME MARKET IN 2019

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES IN SMART HOME MARKET
  FIGURE 12 SMART HOME MARKET TO GROW AT SIGNIFICANT CAGR DURING FORECAST PERIOD
4.2 SMART HOME MARKET, BY PRODUCT
  FIGURE 13 ENTERTAINMENT AND OTHER CONTROLS SEGMENT TO HOLD LARGEST SHARE OF SMART HOME MARKET BY 2025
4.3 SMART HOME MARKET, BY PRODUCT AND REGION
  FIGURE 14 NORTH AMERICA AND ENTERTAINMENT & OTHER CONTROLS TO DOMINATE THE SMART HOME MARKET BY 2020
4.4 SMART HOME MARKET, BY REGION
  FIGURE 15 US DOMINATED THE SMART HOME MARKET IN 2019

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 EVOLUTION
  FIGURE 16 EVOLUTION OF SMART HOMES
5.3 MARKET DYNAMICS
  FIGURE 17 INCREASING ADOPTION OF SMART DEVICES COUPLED WITH IMPORTANCE OF HOME MONITORING FROM REMOTE LOCATIONS TO DRIVE SMART HOME MARKET
  5.3.1 DRIVERS
    5.3.1.1 Increasing number of internet users and growing adoption of smart devices
  FIGURE 18 INTERNET USERS TILL MARCH 2020, BY REGION
    5.3.1.2 Increasing disposable income of people in developing economies
  FIGURE 19 GDP PER CAPITA IN INDIA AND CHINA
    5.3.1.3 Increasing importance of home monitoring in remote locations
    5.3.1.4 Growing need for energy-saving and low carbon emission-oriented solutions
  TABLE 3 ENERGY-SAVING POTENTIAL OF LIGHTING CONTROLS
    5.3.1.5 Rapid proliferation of smartphones and smart gadgets
    5.3.1.6 Expansion of smart home product portfolio by a large number of players
    5.3.1.7 Growing concern about safety, security, and convenience among general population
  FIGURE 20 MARKET GROWTH PROJECTIONS CONSIDERING DRIVERS
  5.3.2 RESTRAINTS
    5.3.2.1 More convenience-driven rather than being necessity-driven market
    5.3.2.2 High cost of switching for existing smart device consumers
    5.3.2.3 Issues related to breach in security and privacy
  5.3.3 OPPORTUNITIES
    5.3.3.1 Favorable government regulations to promote green buildings
    5.3.3.2 Incorporation of lighting controllers with in-built data-connectivity technology
    5.3.3.3 Integration of power line communication technology in smart homes
  FIGURE 21 MARKET GROWTH PROJECTIONS CONSIDERING OPPORTUNITIES
  5.3.4 CHALLENGES
    5.3.4.1 Linking disparate systems, limited functionality, and lack of open standards
    5.3.4.2 Risk of device malfunctioning
    5.3.4.3 Disruptions in the supply chain due to the COVID-19 pandemic
  FIGURE 22 MARKET GROWTH PROJECTIONS CONSIDERING CHALLENGES & RESTRAINTS
5.4 VALUE CHAIN ANALYSIS
  FIGURE 23 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED BY DEVICE MANUFACTURERS, AND TECHNOLOGY AND SERVICE PROVIDERS
5.5 SUPPLY CHAIN ANALYSIS
  FIGURE 24 SUPPLY CHAIN OF MAJOR PLAYERS IN SMART HOME MARKET
5.6 OPPORTUNITIES FOR COMPANIES IN SMART HOME VALUE CHAIN
5.7 KEY INDUSTRY TRENDS
  FIGURE 25 KEY SMART HOME INDUSTRY TRENDS
5.8 TOP INVESTORS IN SMART HOME MARKET

6 PROTOCOLS AND TECHNOLOGIES USED IN SMART HOMES

6.1 INTRODUCTION
  FIGURE 26 SMART HOME PROTOCOLS AND TECHNOLOGIES
6.2 CELLULAR NETWORK TECHNOLOGIES
  6.2.1 CDMA NETWORK
  6.2.2 GSM/HSPA NETWORK
  FIGURE 27 GSM/HSPA NETWORK SET-UP
  6.2.3 LTE NETWORK
6.3 PROTOCOLS AND STANDARDS
  6.3.1 DALI
  FIGURE 28 WIRING FOR DALI FLUORESCENT DIMMING
  6.3.2 NEMA
  6.3.3 KNX
  6.3.4 DMX
  6.3.5 LONWORKS
  FIGURE 29 LONWORKS NETWORK SET-UP
  6.3.6 ETHERNET
  6.3.7 MODBUS
  6.3.8 BACNET
  6.3.9 BLACK BOX
  6.3.10 PLC
6.4 WIRELESS COMMUNICATION TECHNOLOGIES
  FIGURE 30 WIRELESS COMMUNICATION TECHNOLOGIES
  6.4.1 ZIGBEE
  6.4.2 Z-WAVE
  6.4.3 WI-FI
  6.4.4 BLUETOOTH
  6.4.5 ENOCEAN
  6.4.6 THREAD
  6.4.7 INFRARED

7 SMART HOME MARKET FOR SOFTWARE & SERVICES

7.1 INTRODUCTION
  FIGURE 31 SMART HOME MARKET FOR SOFTWARE AND SERVICES, BY TYPE
  TABLE 4 SMART HOME MARKET FOR SOFTWARE AND SERVICES, BY TYPE, 2016–2019 (USD BILLION)
  TABLE 5 SMART HOME MARKET FOR SOFTWARE AND SERVICES, BY TYPE, 2020–2025 (USD BILLION)
7.2 BEHAVIORAL
  7.2.1 BEHAVIORAL TYPE SOFTWARE AND SERVICES SEGMENT TO HOLD LARGEST MARKET SHARE DURING THE FORECAST PERIOD
7.3 PROACTIVE
  7.3.1 PROACTIVE TYPE SOFTWARE AND SERVICES SEGMENT TO REGISTER HIGHEST CAGR DURING THE FORECAST PERIOD

8 SMART HOME MARKET, BY PRODUCT

8.1 INTRODUCTION
  FIGURE 32 SMART HOME MARKET, BY PRODUCT
  TABLE 6 SMART HOME MARKET, BY PRODUCT, 2016–2019 (USD MILLION)
  TABLE 7 SMART HOME MARKET, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 8 SMART HOME MARKET, BY PRODUCT, 2016–2019 (MILLION UNITS)
  TABLE 9 SMART HOME MARKET, BY PRODUCT, 2020–2025 (MILLION UNITS)
8.2 LIGHTING CONTROL
  8.2.1 MARKET DYNAMICS
    8.2.1.1 Drivers
      8.2.1.1.1 Increasing demand for energy-efficient lighting solutions
      8.2.1.1.2 Help in conserving energy and increasing efficiency of lamps
    8.2.1.2 Restraints
      8.2.1.2.1 Compatibility issues to hamper the demand for lighting control systems
      8.2.1.2.2 Limited awareness about benefits of lighting controls
    8.2.1.3 Opportunities
      8.2.1.3.1 Consumer perception undergoing a paradigm shift
      8.2.1.3.2 Expanding mood lighting segment to create growth opportunities for lighting control systems
  8.2.2 PRODUCTS CONSIDERED UNDER LIGHTING CONTROL
  FIGURE 33 LIGHTING CONTROL PRODUCTS
    8.2.2.1 Relays
  TABLE 10 LIGHTING CONTROL MARKET OF SMART HOME FOR RELAYS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 11 LIGHTING CONTROL MARKET OF SMART HOME FOR RELAYS, BY REGION, 2020–2025 (USD MILLION)
    8.2.2.2 Occupancy sensors
  TABLE 12 LIGHTING CONTROL MARKET OF SMART HOME FOR OCCUPANCY SENSORS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 13 LIGHTING CONTROL MARKET OF SMART HOME FOR OCCUPANCY SENSORS, BY REGION, 2020–2025 (USD MILLION)
    8.2.2.3 Daylight sensor
  TABLE 14 LIGHTING CONTROL MARKET OF SMART HOME FOR DAYLIGHT SENSORS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 15 LIGHTING CONTROL MARKET OF SMART HOME FOR DAYLIGHT SENSORS, BY REGION, 2020–2025 (USD MILLION)
    8.2.2.4 Timers
  TABLE 16 LIGHTING CONTROL MARKET OF SMART HOME FOR TIMERS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 17 LIGHTING CONTROL MARKET OF SMART HOME FOR TIMERS, BY REGION, 2020–2025 (USD MILLION)
    8.2.2.5 Dimmers
  TABLE 18 LIGHTING CONTROL MARKET OF SMART HOME FOR DIMMERS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 19 LIGHTING CONTROL MARKET OF SMART HOME FOR DIMMERS, BY REGION, 2020–2025 (USD MILLION)
    8.2.2.6 Switches
  TABLE 20 LIGHTING CONTROL MARKET OF SMART HOME FOR SWITCHES, BY REGION, 2016–2019 (USD MILLION)
  TABLE 21 LIGHTING CONTROL MARKET OF SMART HOME FOR SWITCHES, BY REGION, 2020–2025 (USD MILLION)
    8.2.2.7 Accessories and other products
  TABLE 22 LIGHTING CONTROL MARKET OF SMART HOME FOR ACCESSORIES AND OTHER PRODUCTS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 23 LIGHTING CONTROL MARKET OF SMART HOME FOR ACCESSORIES AND OTHER PRODUCTS, BY REGION, 2020–2025 (USD MILLION)
  TABLE 24 SMART HOME MARKET FOR LIGHTING CONTROL, BY PRODUCT

2016–2019 (USD MILLION)

  TABLE 25 SMART HOME MARKET FOR LIGHTING CONTROL, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 26 SMART HOME MARKET FOR LIGHTING CONTROL, BY REGION, 2016–2019 (USD MILLION)
  TABLE 27 SMART HOME MARKET FOR LIGHTING CONTROL, BY REGION, 2020–2025 (USD MILLION)
  TABLE 28 SMART HOME MARKET FOR LIGHTING CONTROL, BY PRODUCT, 2016–2019 (THOUSAND UNITS)
  TABLE 29 SMART HOME MARKET FOR LIGHTING CONTROL, BY PRODUCT, 2020–2025 (THOUSAND UNITS)
  TABLE 30 SMART HOME MARKET FOR LIGHTING CONTROL, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 31 SMART HOME MARKET FOR LIGHTING CONTROL, BY REGION, 2020–2025 (THOUSAND UNITS)
8.3 SECURITY AND ACCESS CONTROL
  8.3.1 MARKET DYNAMICS
    8.3.1.1 Drivers
      8.3.1.1.1 Increasing crime rate is influencing homeowners to adopt home security systems
      8.3.1.1.2 Growing adoption of smartphones and tablets is likely to have a high impact on the residential security market
      8.3.1.1.3 Multi-level/multifactor authentication to enhance authentication processes
    8.3.1.2 Restraints
      8.3.1.2.1 Privacy issues
    8.3.1.3 Opportunities
      8.3.1.3.1 Significant prospects of biometrics technologies in home security applications
  8.3.2 PRODUCTS COVERED UNDER SECURITY AND ACCESS CONTROL
  FIGURE 34 SECURITY AND ACCESS CONTROL PRODUCTS
  TABLE 32 SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY PRODUCT, 2016–2019 (USD MILLION)
  TABLE 33 SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 34 SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY REGION, 2016–2019 (USD MILLION)
  TABLE 35 SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY REGION, 2020–2025 (USD MILLION)
  TABLE 36 SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY PRODUCT, 2016–2019 (THOUSAND UNITS)
  TABLE 37 SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY PRODUCT, 2020–2025 (THOUSAND UNITS)
  TABLE 38 SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 39 SMART HOME MARKET FOR SECURITY AND ACCESS CONTROL, BY REGION, 2020–2025 (THOUSAND UNITS)
    8.3.2.1 Video surveillance
  TABLE 40 SMART HOME MARKET FOR VIDEO SURVEILLANCE SYSTEMS, BY COMPONENT, 2016–2019 (USD MILLION)
  TABLE 41 SMART HOME MARKET FOR VIDEO SURVEILLANCE SYSTEMS, BY COMPONENT, 2020–2025 (USD MILLION)
  TABLE 42 SMART HOME MARKET FOR VIDEO SURVEILLANCE SYSTEMS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 43 SMART HOME MARKET FOR VIDEO SURVEILLANCE SYSTEMS, BY REGION, 2020–2025 (USD MILLION)
      8.3.2.1.1 Hardware
        8.3.2.1.1.1 Security cameras
          8.3.2.1.1.1.1 IP camera
          8.3.2.1.1.1.2 Analog camera
        8.3.2.1.1.2 Storage devices
        8.3.2.1.1.3 Monitors
        8.3.2.1.1.4 Server
        8.3.2.1.1.5 Accessories
      8.3.2.1.2 Software
        8.3.2.1.2.1 Video analytics software
        8.3.2.1.2.2 Video Management System (VMS)
        8.3.2.1.2.3 Neural networks and algorithms
    8.3.2.2 Access control
  TABLE 44 SMART HOME MARKET FOR ACCESS CONTROL SYSTEMS, BY TYPE, 2016–2019 (USD MILLION)
  TABLE 45 SMART HOME MARKET FOR ACCESS CONTROL SYSTEMS, BY TYPE, 2020–2025 (USD MILLION)
  TABLE 46 SMART HOME MARKET FOR ACCESS CONTROL SYSTEMS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 47 MART HOME MARKET FOR ACCESS CONTROL SYSTEMS, BY REGION, 2020–2025 (USD MILLION)
      8.3.2.2.1 Biometric
  TABLE 48 SMART HOME MARKET FOR BIOMETRIC ACCESS CONTROL SYSTEMS, BY TYPE, 2016–2019 (USD MILLION)
  TABLE 49 SMART HOME MARKET FOR BIOMETRIC ACCESS CONTROL SYSTEMS, BY TYPE, 2020–2025 (USD MILLION)
  TABLE 50 SMART HOME MARKET FOR BIOMETRIC ACCESS CONTROL SYSTEMS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 51 SMART HOME MARKET FOR BIOMETRIC ACCESS CONTROL SYSTEMS, BY REGION, 2020–2025 (USD MILLION)
        8.3.2.2.1.1 Facial recognition
        8.3.2.2.1.2 Iris recognition
        8.3.2.2.1.3 Fingerprint recognition
        8.3.2.2.1.4 Others
      8.3.2.2.2 Non-biometric
  TABLE 52 SMART HOME MARKET FOR NON-BIOMETRIC ACCESS CONTROL SYSTEMS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 53 SMART HOME MARKET FOR NON-BIOMETRIC ACCESS CONTROL SYSTEMS, BY REGION, 2020–2025 (USD MILLION)
8.4 HVAC CONTROL
  8.4.1 MARKET DYNAMICS
    8.4.1.1 Drivers
      8.4.1.1.1 Flexibility and ease of accessing HVAC systems
      8.4.1.1.2 Reducing long-term energy costs through enhanced hardware, integrated control systems, and management services
    8.4.1.2 Restraints
      8.4.1.2.1 Lack of interoperability and standardization act as major restraints for HVAC systems
      8.4.1.2.2 Lack of awareness about the benefits of HVAC systems
    8.4.1.3 Opportunities
      8.4.1.3.1 Innovations in sensors and controls
  8.4.2 PRODUCTS COVERED UNDER HVAC CONTROL
  FIGURE 35 HVAC CONTROL PRODUCTS AND COMPONENTS
    8.4.2.1 Smart thermostats
    8.4.2.2 Sensor
    8.4.2.3 Control valve
    8.4.2.4 Heating and cooling coils
    8.4.2.5 Dampers
    8.4.2.6 Actuators
    8.4.2.7 Pumps and fans
    8.4.2.8 Smart vents
  TABLE 54 SMART HOME MARKET FOR HVAC CONTROL, BY PRODUCT, 2016–2019 (USD MILLION)
  TABLE 55 SMART HOME MARKET FOR HVAC CONTROL, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 56 SMART HOME MARKET FOR HVAC CONTROL, BY REGION, 2016–2019 (USD MILLION)
  TABLE 57 SMART HOME MARKET FOR HVAC CONTROL, BY REGION, 2020–2025 (USD MILLION)
  TABLE 58 SMART HOME MARKET FOR HVAC CONTROL, BY PRODUCT, 2016–2019 (THOUSAND UNITS)
  TABLE 59 SMART HOME MARKET FOR HVAC CONTROL, BY PRODUCT, 2020–2025 (THOUSAND UNITS)
  TABLE 60 SMART HOME MARKET FOR HVAC CONTROL, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 61 SMART HOME MARKET FOR HVAC CONTROL, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 62 HVAC CONTROL MARKET FOR THERMOSTATS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 63 HVAC CONTROL MARKET FOR THERMOSTATS, BY REGION, 2020–2025 (USD MILLION)
  TABLE 64 HVAC CONTROL MARKET FOR SENSOR, BY REGION, 2016–2019 (USD MILLION)
  TABLE 65 HVAC CONTROL MARKET FOR SENSOR, BY REGION, 2020–2025 (USD MILLION)
  TABLE 66 HVAC CONTROL MARKET FOR CONTROL VALVE, BY REGION, 2016–2019 (USD MILLION)
  TABLE 67 HVAC CONTROL MARKET FOR CONTROL VALVE, BY REGION, 2020–2025 (USD MILLION)
  TABLE 68 HVAC CONTROL MARKET FOR HEATING & COOLING, BY REGION, 2016–2019 (USD MILLION)
  TABLE 69 HVAC CONTROL MARKET FOR HEATING & COOLING, BY REGION, 2020–2025 (USD MILLION)
  TABLE 70 HVAC CONTROL MARKET FOR DAMPER, BY REGION, 2016–2019 (USD MILLION)
  TABLE 71 HVAC CONTROL MARKET FOR DAMPER, BY REGION, 2020–2025 (USD MILLION)
  TABLE 72 HVAC CONTROL MARKET FOR ACTUATORS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 73 HVAC CONTROL MARKET FOR ACTUATORS, BY REGION, 2020–2025 (USD MILLION)
  TABLE 74 HVAC CONTROL MARKET FOR PUMPS AND FANS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 75 HVAC CONTROL MARKET FOR PUMP AND FAN, BY REGION, 2020–2025 (USD MILLION)
  TABLE 76 HVAC CONTROL MARKET FOR SMART VENT, BY REGION, 2016–2019 (USD MILLION)
  TABLE 77 HVAC CONTROL MARKET FOR SMART VENT, BY REGION, 2020–2025 (USD MILLION)
8.5 ENTERTAINMENT CONTROL AND OTHER CONTROLS
  8.5.1 MARKET DYNAMICS
    8.5.1.1 Drivers
      8.5.1.1.1 Changing lifestyle
      8.5.1.1.2 Enhanced comfort
    8.5.1.2 Restraints
      8.5.1.2.1 High cost of entertainment control systems
    8.5.1.3 Opportunities
      8.5.1.3.1 3D gesture-based remote control to be the next big thing in entertainment controls
  TABLE 78 SMART HOME MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY TYPE, 2016–2019 (USD MILLION)
  TABLE 79 MART HOME MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY TYPE 2020–2025 (USD MILLION)
  TABLE 80 SMART HOME MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY TYPE, 2016–2019 (THOUSAND UNITS)
  TABLE 81 SMART HOME MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY TYPE, 2020–2025 (THOUSAND UNITS)
  TABLE 82 SMART HOME MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY REGION, 2016–2019 (USD MILLION)
  TABLE 83 SMART HOME MARKET FOR ENTERTAINMENT AND OTHER CONTROLS
BY REGION, 2020–2025 (USD MILLION)
  8.5.2 ENTERTAINMENT CONTROL PRODUCTS
  FIGURE 36 ENTERTAINMENT CONTROL PRODUCTS
    8.5.2.1 Audio, volume, and multimedia room controls
    8.5.2.2 Home theater system controls
    8.5.2.3 Touchscreens and keypads
  TABLE 84 SMART HOME MARKET FOR ENTERTAINMENT CONTROL, BY PRODUCT, 2016–2019 (USD MILLION)
  TABLE 85 SMART HOME MARKET FOR ENTERTAINMENT CONTROL, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 86 SMART HOME MARKET FOR ENTERTAINMENT CONTROL, BY REGION, 2016–2019 (USD MILLION)
  TABLE 87 SMART HOME MARKET FOR ENTERTAINMENT CONTROL, BY REGION, 2020–2025 (USD MILLION)
  TABLE 88 SMART HOME MARKET FOR ENTERTAINMENT CONTROL, BY REGION, 2016–2019 (TH0USAND UNITS)
  TABLE 89 SMART HOME MARKET FOR ENTERTAINMENT CONTROL, BY REGION, 2020–2025 (TH0USAND UNITS)
  TABLE 90 ENTERTAINMENT CONTROL MARKET FOR AUDIO & VOLUME CONTROL, BY REGION, 2016–2019 (USD MILLION)
  TABLE 91 ENTERTAINMENT CONTROL MARKET FOR AUDIO & VOLUME CONTROL, BY REGION, 2020–2025 (USD MILLION)
  TABLE 92 ENTERTAINMENT CONTROL MARKET FOR AUDIO & VOLUME CONTROL, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 93 ENTERTAINMENT CONTROL MARKET FOR AUDIO & VOLUME CONTROL, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 94 ENTERTAINMENT CONTROL MARKET FOR HOME THEATRE SYSTEM, BY REGION, 2016–2019 (USD MILLION)
  TABLE 95 ENTERTAINMENT CONTROL MARKET FOR HOME THEATRE SYSTEM, BY REGION, 2020–2025 (USD MILLION)
  TABLE 96 ENTERTAINMENT CONTROL MARKET FOR HOME THEATRE SYSTEM, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 97 ENTERTAINMENT CONTROL MARKET FOR HOME THEATRE SYSTEM, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 98 ENTERTAINMENT CONTROL MARKET FOR TOUCHSCREEN & KEYPAD, BY REGION, 2016–2019 (USD MILLION)
  TABLE 99 ENTERTAINMENT CONTROL MARKET FOR TOUCHSCREEN & KEYPAD, BY REGION, 2020–2025 (USD MILLION)
  TABLE 100 ENTERTAINMENT CONTROL MARKET FOR TOUCHSCREEN & KEYPAD, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 101 ENTERTAINMENT CONTROL MARKET FOR TOUCHSCREEN & KEYPAD, BY REGION, 2020–2025 (THOUSAND UNITS)
  8.5.3 OTHER CONTROL PRODUCTS
  FIGURE 37 OTHER CONTROL PRODUCTS
    8.5.3.1 Smart meters
    8.5.3.2 Smart plugs
    8.5.3.3 Smart hubs
    8.5.3.4 Smart locks
    8.5.3.5 Smoke detectors
  TABLE 102 SMART HOME MARKET FOR OTHER CONTROL, BY PRODUCT, 2016–2019 (USD MILLION)
  TABLE 103 SMART HOME MARKET FOR OTHER CONTROL, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 104 SMART HOME MARKET FOR OTHER CONTROL, BY REGION, 2016–2019 (USD MILLION)
  TABLE 105 SMART HOME MARKET FOR OTHER CONTROL, BY REGION, 2020–2025 (USD MILLION)
  TABLE 106 SMART HOME MARKET FOR OTHER CONTROL, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 107 SMART HOME MARKET FOR OTHER CONTROL, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 108 OTHER CONTROL MARKET FOR SMART METER, BY REGION, 2016–2019 (USD MILLION)
  TABLE 109 OTHER CONTROL MARKET FOR SMART METER, BY REGION, 2020–2025 (USD MILLION)
  TABLE 110 OTHER CONTROL MARKET FOR SMART METER, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 111 OTHER CONTROL MARKET FOR SMART METER, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 112 OTHER CONTROL MARKET FOR SMART PLUG, BY REGION, 2016–2019 (USD MILLION)
  TABLE 113 OTHER CONTROL MARKET FOR SMART PLUG, BY REGION, 2020–2025 (USD MILLION)
  TABLE 114 OTHER CONTROL MARKET FOR SMART PLUG, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 115 OTHER CONTROL MARKET FOR SMART PLUG, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 116 OTHER CONTROL MARKET FOR SMART HUB, BY REGION, 2016–2019 (USD MILLION)
  TABLE 117 OTHER CONTROL MARKET FOR SMART HUB, BY REGION, 2020–2025 (USD MILLION)
  TABLE 118 OTHER CONTROL MARKET FOR SMART HUB, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 119 OTHER CONTROL MARKET FOR SMART HUB, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 120 OTHER CONTROL MARKET FOR SMART LOCK, BY REGION, 2016–2019 (USD MILLION)
  TABLE 121 OTHER CONTROL MARKET FOR SMART LOCK, BY REGION, 2020–2025 (USD MILLION)
  TABLE 122 OTHER CONTROL MARKET FOR SMART LOCK, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 123 OTHER CONTROL MARKET FOR SMART LOCK, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 124 OTHER CONTROL MARKET FOR SMOKE DETECTOR, BY REGION, 2016–2019 (USD MILLION)
  TABLE 125 OTHER CONTROL MARKET FOR SMOKE DETECTOR, BY REGION, 2020–2025 (USD MILLION)
  TABLE 126 OTHER CONTROL MARKET FOR SMOKE DETECTOR, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 127 OTHER CONTROL MARKET FOR SMOKE DETECTOR, BY REGION, 2020–2025 (THOUSAND UNITS)
8.6 SMART SPEAKER
  8.6.1 MARKET DYNAMICS
    8.6.1.1 Drivers
      8.6.1.1.1 Increasing number of smart homes
  FIGURE 38 SMART HOME MARKET PENETRATION
  TABLE 128 REVENUE CONTRIBUTION FROM SMART HOME MARKET IN SMART CITIES
      8.6.1.1.2 Rising disposable income
      8.6.1.1.3 Rapid proliferation of multifunctional devices
      8.6.1.1.4 Growing trend of personalization
    8.6.1.2 Restraints
      8.6.1.2.1 Issues related to connectivity range, compatibility, and power
    8.6.1.3 Opportunities
      8.6.1.3.1 Increasing consumer preference for technologically advanced products
  FIGURE 39 INSTALLATION OF CONNECTED DEVICES IN SMART HOMES WITHIN SMART CITIES
  FIGURE 40 CONCEPTUAL FRAMEWORK ON CONSUMER ACCEPTANCE OF NEW TECHNOLOGIES
      8.6.1.3.2 Increasing focus of companies on enhancing customer experience
  FIGURE 41 TIMELINE OF SMART SPEAKERS OFFERED BY KEY PLAYERS
  TABLE 129 SMART HOME MARKET FOR SMART SPEAKER, BY REGION, 2016–2019 (USD MILLION)
  TABLE 130 SMART HOME MARKET FOR SMART SPEAKER, BY REGION, 2020–2025 (USD MILLION)
  TABLE 131 SMART HOME MARKET FOR SMART SPEAKER, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 132 SMART HOME MARKET FOR SMART SPEAKER, BY REGION, 2020–2025 (THOUSAND UNITS)
8.7 HOME HEALTHCARE
  8.7.1 MARKET DYNAMICS
    8.7.1.1 Drivers
      8.7.1.1.1 Increasing awareness about fitness and rise in disposable incomes in developing economies
      8.7.1.1.2 Changing demographics to positively affect home health systems
    8.7.1.2 Restraints
      8.7.1.2.1 Limited awareness and number of general healthcare facilities
    8.7.1.3 Opportunities
      8.7.1.3.1 Emerging market for smart wearables to drive home healthcare market
  8.7.2 PRODUCTS COVERED UNDER HOME HEALTHCARE
  FIGURE 42 HOME HEALTHCARE PRODUCTS
    8.7.2.1 Health status monitors
      8.7.2.1.1 Fitness and heart rate monitor
      8.7.2.1.2 Blood pressure monitor
      8.7.2.1.3 Blood glucose meter
      8.7.2.1.4 Continuous glucose monitor
      8.7.2.1.5 Pulse oximeter
      8.7.2.1.6 Fall detector
    8.7.2.2 Physical activity monitors
  TABLE 133 SMART HOME MARKET FOR HOME HEALTHCARE, BY PRODUCT, 2016–2019 (USD MILLION)
  TABLE 134 SMART HOME MARKET FOR HOME HEALTHCARE, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 135 SMART HOME MARKET FOR HEALTH STATUS MONITOR, BY REGION, 2016–2019 (USD MILLION)
  TABLE 136 SMART HOME MARKET FOR HEALTH STATUS MONITOR, BY REGION, 2020–2025 (USD MILLION)
  TABLE 137 SMART HOME MARKET FOR PHYSICAL ACTIVITY MONITOR, BY REGION, 2016–2019 (USD MILLION)
  TABLE 138 SMART HOME MARKET FOR PHYSICAL HEALTH MONITOR, BY REGION, 2020–2025 (USD MILLION)
  TABLE 139 SMART HOME MARKET FOR HOME HEALTHCARE, BY REGION, 2016–2019 (USD MILLION)
  TABLE 140 SMART HOME MARKET FOR HOME HEALTHCARE, BY REGION, 2020–2025 (USD MILLION)
  TABLE 141 SMART HOME MARKET FOR HOME HEALTHCARE, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 142 SMART HOME MARKET FOR HOME HEALTHCARE, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 143 SMART HOME MARKET FOR HOME HEALTHCARE, BY PRODUCT, 2016–2019 (THOUSAND UNITS)
  TABLE 144 SMART HOME MARKET FOR HOME HEALTHCARE, BY PRODUCT, 2020–2025 (THOUSAND UNITS)
8.8 SMART KITCHEN
  8.8.1 MARKET DYNAMICS
    8.8.1.1 Drivers
      8.8.1.1.1 Changing lifestyles and preferences of consumers
    8.8.1.2 Restraints
      8.8.1.2.1 High prices of smart kitchen appliances
    8.8.1.3 Opportunities
      8.8.1.3.1 Emerging nations to drive the growth of market for smart kitchen in coming years
  8.8.2 PRODUCTS COVERED UNDER SMART KITCHEN
  FIGURE 43 SMART KITCHEN PRODUCTS
    8.8.2.1 Smart refrigerators
    8.8.2.2 Smart coffee makers
    8.8.2.3 Smart kettles
    8.8.2.4 Smart dishwashers
    8.8.2.5 Smart ovens
    8.8.2.6 Smart cooktops
    8.8.2.7 Smart cookers
  TABLE 145 SMART HOME MARKET FOR SMART KITCHEN, BY PRODUCT, 2016–2019 (USD MILLION)
  TABLE 146 SMART HOME MARKET FOR SMART KITCHEN, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 147 SMART HOME MARKET FOR SMART KITCHEN, BY REGION, 2016–2019 (USD MILLION)
  TABLE 148 SMART HOME MARKET FOR SMART KITCHEN, BY REGION, 2020–2025 (USD MILLION)
  TABLE 149 SMART HOME MARKET FOR SMART KITCHEN, BY PRODUCT, 2016–2019 (THOUSAND UNITS)
  TABLE 150 SMART HOME MARKET FOR SMART KITCHEN, BY PRODUCT, 2020–2025 (THOUSAND UNITS)
  TABLE 151 SMART HOME MARKET FOR SMART KITCHEN, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 152 SMART HOME MARKET FOR SMART KITCHEN, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 153 SMART HOME MARKET FOR SMART REFRIGERATOR, BY REGION, 2016–2019 (USD MILLION)
  TABLE 154 SMART HOME MARKET FOR SMART REFRIGERATOR, BY REGION, 2020–2025 (USD MILLION)
  TABLE 155 SMART HOME MARKET FOR SMART REFRIGERATOR, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 156 SMART HOME MARKET FOR SMART REFRIGERATOR, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 157 SMART HOME MARKET FOR SMART COFFEE MAKER, BY REGION, 2016–2019 (USD MILLION)
  TABLE 158 SMART HOME MARKET FOR SMART COFFEE MAKER, BY REGION, 2020–2025 (USD MILLION)
  TABLE 159 SMART HOME MARKET FOR SMART COFFEE MAKER, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 160 SMART HOME MARKET FOR SMART COFFEE MARKER, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 161 SMART HOME MARKET FOR SMART KETTLE, BY REGION, 2016–2019 (USD MILLION)
  TABLE 162 SMART HOME MARKET FOR SMART KETTLE, BY REGION, 2020–2025 (USD MILLION)
  TABLE 163 SMART HOME MARKET FOR SMART KETTLE, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 164 SMART HOME MARKET FOR SMART KETTLE, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 165 SMART HOME MARKET FOR SMART DISHWASHER, BY REGION, 2016–2019 (USD MILLION)
  TABLE 166 SMART HOME MARKET FOR SMART DISHWASHER, BY REGION, 2020–2025 (USD MILLION)
  TABLE 167 SMART HOME MARKET FOR SMART DISHWASHER, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 168 SMART HOME MARKET FOR SMART DISHWASHER, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 169 SMART HOME MARKET FOR SMART OVEN, BY REGION, 2016–2019 (USD MILLION)
  TABLE 170 SMART HOME MARKET FOR SMART OVEN, BY REGION, 2020–2025 (USD MILLION)
  TABLE 171 SMART HOME MARKET FOR SMART OVEN, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 172 SMART HOME MARKET FOR SMART OVEN, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 173 SMART HOME MARKET FOR SMART COOKTOP, BY REGION, 2016–2019 (USD MILLION)
  TABLE 174 SMART HOME MARKET FOR SMART COOKTOP, BY REGION, 2020–2025 (USD MILLION)
  TABLE 175 SMART HOME MARKET FOR SMART COOKTOP, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 176 SMART HOME MARKET FOR SMART COOKTOP, BY REGION, 2020–2025 (THOUSAND UNITS)
  TABLE 177 SMART HOME MARKET FOR SMART COOKER, BY REGION, 2016–2019 (USD MILLION)
  TABLE 178 SMART HOME MARKET FOR SMART COOKER, BY REGION, 2020–2025 (USD MILLION)
  TABLE 179 SMART HOME MARKET FOR SMART COOKER, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 180 SMART HOME MARKET FOR SMART COOKER, BY REGION, 2020–2025 (THOUSAND UNITS)
8.9 HOME APPLIANCES
  8.9.1 MARKET DYNAMICS
    8.9.1.1 Drivers
      8.9.1.1.1 Availability of wireless solutions
      8.9.1.1.2 Rising energy prices would increase adoption of smart appliances
    8.9.1.2 Restraints
      8.9.1.2.1 Privacy concerns among end users
      8.9.1.2.2 Lack of awareness about smart appliances
    8.9.1.3 Opportunities
      8.9.1.3.1 Machine-to-machine (M2M) communication to provide new growth avenues
  8.9.2 PRODUCTS COVERED UNDER HOME APPLIANCES
  FIGURE 44 HOME APPLIANCES PRODUCTS
    8.9.2.1 Smart washers
    8.9.2.2 Smart dryers
    8.9.2.3 Smart water heaters
    8.9.2.4 Smart vacuum cleaners
  TABLE 181 SMART MARKET FOR HOME APPLIANCES, BY PRODUCT, 2016–2019 (USD MILLION)
  TABLE 182 SMART MARKET FOR HOME APPLIANCES, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 183 SMART HOME MARKET FOR HOME APPLIANCES, BY REGION, 2016–2019 (USD MILLION)
  TABLE 184 SMART HOME MARKET FOR HOME APPLIANCES, BY REGION, 2020–2025 (USD MILLION)
  TABLE 185 SMART MARKET FOR HOME APPLIANCES, BY PRODUCT, 2016–2019 (THOUSAND UNITS)
  TABLE 186 SMART MARKET FOR HOME APPLIANCES, BY PRODUCT, 2020–2025 (THOUSAND UNITS)
  TABLE 187 SMART HOME MARKET FOR HOME APPLIANCES, BY REGION, 2016–2019 (THOUSAND UNITS)
  TABLE 188 SMART HOME MARKET FOR HOME APPLIANCES, BY REGION, 2020–2025 (THOUSAND UNITS)
8.10 SMART FURNITURE
  8.10.1 MARKET DYNAMICS
    8.10.1.1 Drivers
      8.10.1.1.1 Advancing lifestyle
    8.10.1.2 Restraints
      8.10.1.2.1 Reluctance towards adopting new technology
      8.10.1.2.2 High price
  8.10.2 PRODUCTS COVERED UNDER SMART FURNITURE
  FIGURE 45 SMART FURNITURE PRODUCTS
  TABLE 189 MART HOME MARKET FOR SMART FURNITURE, BY PRODUCT, 2016–2019 (USD MILLION)
  TABLE 190 SMART HOME MARKET FOR SMART FURNITURE, BY PRODUCT, 2020–2025 (USD MILLION)
  TABLE 191 SMART HOME MARKET FOR SMART FURNITURE, BY REGION, 2016–2019 (USD MILLION)
  TABLE 192 SMART HOME MARKET FOR SMART FURNITURE, BY REGION, 2020–2025 (USD MILLION)
    8.10.2.1 Smart tables
  TABLE 193 SMART   TABLE MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2016–2019 (USD MILLION)
  TABLE 194 SMART   TABLE MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2020–2025 (USD MILLION)
    8.10.2.2 Smart desks
  TABLE 195 SMART DESKS MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2016–2019 (USD MILLION)
  TABLE 196 SMART DESKS MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2020–2025 (USD MILLION)
    8.10.2.3 Smart stools and benches
  TABLE 197 SMART STOOLS AND BENCHES MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2016–2019 (USD MILLION)
  TABLE 198 SMART STOOLS AND BENCHES MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2020–2025 (USD MILLION)
    8.10.2.4 Smart sofas
  TABLE 199 SMART SOFAS MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2016–2019 (USD MILLION)
  TABLE 200 SMART SOFAS MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2020–2025 (USD MILLION)
    8.10.2.5 Smart chairs
  TABLE 201 SMART CHAIRS MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2016–2019 (USD MILLION)
  TABLE 202 SMART CHAIRS MARKET OF SMART FURNITURE IN SMART HOMES, BY REGION, 2020–2025 (USD MILLION)

9 GEOGRAPHIC ANALYSIS

9.1 INTRODUCTION
  FIGURE 46 SMART HOME MARKET: GEOGRAPHIC SNAPSHOT (2020–2025)
  FIGURE 47 NORTH AMERICA TO LEAD SMART HOME MARKET DURING FORECAST PERIOD
  TABLE 203 SMART HOME MARKET, BY REGION, 2016–2019 (USD BILLION)
  TABLE 204 SMART HOME MARKET, BY REGION, 2020–2025 (USD BILLION)
  TABLE 205 SMART HOME MARKET, BY REGION, 2016–2019 (MILLION UNITS)
  TABLE 206 SMART HOME MARKET, BY REGION, 2020–2025 (MILLION UNITS)
9.2 NORTH AMERICA
  9.2.1 REGULATORY FRAMEWORKS
    9.2.1.1 Associations
    9.2.1.2 Regulations and acts
  FIGURE 48 NORTH AMERICA: SMART HOME MARKET SNAPSHOT
  TABLE 207 COVID-19 IMPACT ANALYSIS, SMART HOME MARKET IN NORTH AMERICA, 2017–2025 (USD BILLION)
  TABLE 208 SMART HOME MARKET IN NORTH AMERICA FOR LIGHTING CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 209 SMART HOME MARKET IN NORTH AMERICA FOR LIGHTING CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 210 SMART HOME MARKET IN NORTH AMERICA FOR SECURITY & ACCESS CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 211 SMART HOME MARKET IN NORTH AMERICA FOR SECURITY & ACCESS CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 212 SMART HOME MARKET IN NORTH AMERICA FOR HVAC CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 213 SMART HOME MARKET IN NORTH AMERICA FOR HVAC CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 214 SMART HOME MARKET IN NORTH AMERICA FOR ENTERTAINMENT & OTHER CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 215 SMART HOME MARKET IN NORTH AMERICA FOR ENTERTAINMENT AND OTHER CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 216 SMART HOME MARKET IN NORTH AMERICA FOR HOME HEALTHCARE PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 217 SMART HOME MARKET IN NORTH AMERICA FOR HOME HEALTHCARE PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 218 SMART HOME MARKET IN NORTH AMERICA FOR SMART KITCHEN APPLIANCES, 2016–2019 (USD MILLION)
  TABLE 219 SMART HOME MARKET IN NORTH AMERICA FOR SMART KITCHEN APPLIANCES, 2020–2025 (USD MILLION)
  TABLE 220 SMART HOME MARKET IN NORTH AMERICA FOR SMART HOME APPLIANCES, 2016–2019 (USD MILLION)
  TABLE 221 SMART HOME MARKET IN NORTH AMERICA FOR SMART HOME APPLIANCES, 2020–2025(USD MILLION)
  TABLE 222 SMART HOME MARKET IN NORTH AMERICA FOR SMART FURNITURE, 2016–2019 (USD MILLION)
  TABLE 223 SMART HOME MARKET IN NORTH AMERICA FOR SMART FURNITURE, 2020–2025 (USD MILLION)
  TABLE 224 SMART HOME MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD BILLION)
  TABLE 225 SMART HOME MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD BILLION)
  9.2.2 US
    9.2.2.1 US accounted for largest market size in smart home market in 2019
  9.2.3 CANADA
    9.2.3.1 Adoption of high-security parameters lead smart home market in Canada
  9.2.4 MEXICO
    9.2.4.1 Owing to growth opportunities in terms of home automation and security, access control expected to be lucrative market in Mexico
9.3 EUROPE
  9.3.1 REGULATORY FRAMEWORKS
  FIGURE 49 EUROPE: SMART HOME MARKET SNAPSHOT
  TABLE 226 SMART HOME MARKET IN EUROPE FOR LIGHTING CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 227 SMART HOME MARKET IN EUROPE FOR LIGHTING CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 228 SMART HOME MARKET IN EUROPE FOR SECURITY & ACCESS CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 229 SMART HOME MARKET IN EUROPE FOR SECURITY & ACCESS CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 230 SMART HOME MARKET IN EUROPE FOR HVAC CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 231 SMART HOME MARKET IN EUROPE FOR HVAC CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 232 SMART HOME MARKET IN EUROPE FOR ENTERTAINMENT & OTHER CONTROL PRODUCTS, 2016–2019(USD MILLION)
  TABLE 233 SMART HOME MARKET IN EUROPE FOR ENTERTAINMENT & OTHER CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 234 SMART HOME MARKET IN EUROPE FOR HOME HEALTHCARE PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 235 SMART HOME MARKET IN EUROPE FOR HOME HEALTHCARE PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 236 SMART HOME MARKET IN EUROPE FOR SMART KITCHEN APPLIANCES, 2016–2019 (USD MILLION)
  TABLE 237 SMART HOME MARKET IN EUROPE FOR SMART KITCHEN APPLIANCES, 2020–2025 (USD MILLION)
  TABLE 238 SMART HOME MARKET IN EUROPE FOR SMART HOME APPLIANCES, 2016–2019 (USD MILLION)
  TABLE 239 SMART HOME MARKET IN EUROPE FOR SMART HOME APPLIANCES, 2020–2025 (USD MILLION)
  TABLE 240 SMART HOME MARKET IN EUROPE FOR SMART FURNITURE, 2016–2019 (USD MILLION)
  TABLE 241 SMART HOME MARKET IN EUROPE FOR SMART FURNITURE, 2020–2025 (USD MILLION)
  TABLE 242 SMART HOME MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
  TABLE 243 SMART HOME MARKET IN EUROPE, BY COUNTRY, 2020–2025 (USD BILLION)
  9.3.2 UK
    9.3.2.1 UK to lead smart home market in Europe
  9.3.3 GERMANY
    9.3.3.1 Growing demand for security and access control lead smart home market in Germany
  9.3.4 FRANCE
    9.3.4.1 Security and access control to emerge as lucrative market for smart home during forecast period
  9.3.5 REST OF EUROPE
    9.3.5.1 Rest of Europe to exhibit highest growth during forecast period
9.4 ASIA PACIFIC (APAC)
  9.4.1 REGULATORY FRAMEWORKS
  FIGURE 50 APAC: SMART HOME MARKET SNAPSHOT
  TABLE 244 COVID-19 IMPACT ANALYSIS FOR SMART HOME MARKET IN APAC, 2017–2025 (USD BILLION)
  TABLE 245 SMART HOME MARKET IN APAC FOR LIGHTING CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 246 SMART HOME MARKET IN APAC FOR LIGHTING CONTROL PRODUCTS, 2020–2025(USD MILLION)
  TABLE 247 SMART HOME MARKET IN APAC FOR SECURITY & ACCESS CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 248 SMART HOME MARKET IN APAC FOR SECURITY & ACCESS CONTROL PRODUCTS, 2020–2025(USD MILLION)
  TABLE 249 SMART HOME MARKET IN APAC FOR HVAC CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 250 SMART HOME MARKET IN APAC FOR HVAC CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 251 SMART HOME MARKET IN APAC FOR ENTERTAINMENT & OTHER CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 252 SMART HOME MARKET IN APAC FOR ENTERTAINMENT AND OTHER CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 253 SMART HOME MARKET IN APAC FOR HOME HEALTHCARE PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 254 SMART HOME MARKET IN APAC FOR HOME HEALTHCARE PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 255 SMART HOME MARKET IN APAC FOR SMART KITCHEN APPLIANCES, 2016–2019 (USD MILLION)
  TABLE 256 SMART HOME MARKET IN APAC FOR SMART KITCHEN APPLIANCES, 2020–2025 (USD MILLION)
  TABLE 257 SMART HOME MARKET IN APAC FOR SMART HOME APPLIANCES, 2016–2019 (USD MILLION)
  TABLE 258 SMART HOME MARKET IN APAC FOR SMART HOME APPLIANCES, 2020–2025 (USD MILLION)
  TABLE 259 SMART HOME MARKET IN APAC FOR SMART FURNITURE, 2016–2019 (USD MILLION)
  TABLE 260 SMART HOME MARKET IN APAC FOR SMART FURNITURE, 2020–2025 (USD MILLION)
  TABLE 261 SMART HOME MARKET IN APAC, BY COUNTRY, 2016–2019 (USD BILLION)
  TABLE 262 SMART HOME MARKET IN APAC, BY COUNTRY, 2020–2025 (USD BILLION)
  9.4.2 JAPAN
    9.4.2.1 Fastest growing economy in Japan, which is expected to augment market growth and demand
  9.4.3 SOUTH KOREA
    9.4.3.1 Increasing security concerns to boost smart home market
  9.4.4 CHINA
    9.4.4.1 China accounted for largest share of smart home market in region
  9.4.5 REST OF APAC
9.5 REST OF THE WORLD
  9.5.1 REGULATORY FRAMEWORKS
  TABLE 263 SMART HOME MARKET IN ROW FOR LIGHTING CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 264 SMART HOME MARKET IN ROW FOR LIGHTING CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 265 SMART HOME MARKET IN ROW FOR SECURITY & ACCESS CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 266 SMART HOME MARKET IN ROW FOR SECURITY & ACCESS CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 267 SMART HOME MARKET IN ROW FOR HVAC CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 268 SMART HOME MARKET IN ROW FOR HVAC CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 269 SMART HOME MARKET IN ROW FOR ENTERTAINMENT & OTHER CONTROL PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 270 SMART HOME MARKET IN ROW FOR ENTERTAINMENT & OTHER CONTROL PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 271 SMART HOME MARKET IN ROW FOR HOME HEALTHCARE PRODUCTS, 2016–2019 (USD MILLION)
  TABLE 272 SMART HOME MARKET IN ROW FOR HOME HEALTHCARE PRODUCTS, 2020–2025 (USD MILLION)
  TABLE 273 SMART HOME MARKET IN ROW FOR SMART KITCHEN APPLIANCES, 2016–2019 (USD MILLION)
  TABLE 274 SMART HOME MARKET IN ROW FOR SMART KITCHEN APPLIANCES, 2020–2025 (USD MILLION)
  TABLE 275 SMART HOME MARKET IN ROW FOR SMART HOME APPLIANCES, 2016–2019 (USD MILLION)
  TABLE 276 SMART HOME MARKET IN ROW FOR SMART HOME APPLIANCES, 2020–2025 (USD MILLION)
  TABLE 277 SMART HOME MARKET IN ROW FOR SMART FURNITURE, 2016–2019 (USD MILLION)
  TABLE 278 SMART HOME MARKET IN ROW FOR SMART FURNITURE, 2020–2025 (USD MILLION)
  TABLE 279 SMART HOME MARKET IN ROW, BY REGION, 2016–2019 (USD BILLION)
  TABLE 280 SMART HOME MARKET IN ROW, BY REGION, 2020–2025 (USD BILLION)
  9.5.2 SOUTH AMERICA
    9.5.2.1 Latin America held largest share in RoW market for smart homes
  9.5.3 MIDDLE EAST
    9.5.3.1 Growing government initiatives for security boost smart home market in this region
  9.5.4 AFRICA
    9.5.4.1 Growing security concerns to boost smart home market in this region

10 COMPETITIVE LANDSCAPE

10.1 OVERVIEW
  FIGURE 51 KEY PLAYERS ADOPTED INORGANIC GROWTH AS THE KEY STRATEGY DURING 2017–2019
10.2 KEY PLAYERS IN SMART HOME MARKET
  TABLE 281 RATING OF TOP 5 PLAYERS IN SMART HOME MARKET, 2019
  10.2.1 PRODUCT LAUNCHES
  TABLE 282 PRODUCT LAUNCHES, 2017–2019
  10.2.2 AGREEMENTS, PARTNERSHIPS AND COLLABORATIONS
  TABLE 283 AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS, 2017–2019
  10.2.3 ACQUISITIONS
  TABLE 284 ACQUISITIONS, 2017–2019
10.3 COMPETITIVE LEADERSHIP MAPPING
  10.3.1 VISIONARY LEADERS
  10.3.2 INNOVATORS
  10.3.3 DYNAMIC DIFFERENTIATORS
  10.3.4 EMERGING PLAYERS
  FIGURE 52 SMART HOME MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
10.4 BUSINESS STRATEGY EXCELLENCE ANALYSIS (25 COMPANIES)
  FIGURE 53 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN SMART HOME MARKET
10.5 STRENGTH OF PRODUCT PORTFOLIO ANALYSIS (25 COMPANIES)
  FIGURE 54 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN SMART HOME MARKET

11 COMPANY PROFILES 249(BUSINESS OVERVIEW, PRODUCTS OFFERED, RECENT DEVELOPMENTS, SWOT ANALYSIS, AND MNM VIEW)*

11.1 KEY PLAYERS
  11.1.1 HONEYWELL
  FIGURE 55 HONEYWELL : COMPANY SNAPSHOT
  11.1.2 SIEMENS
  FIGURE 56 SIEMENS : COMPANY SNAPSHOT
  11.1.3 JOHNSON CONTROLS
  FIGURE 57 JOHNSON CONTROLS : COMPANY SNAPSHOT
  11.1.4 SCHNEIDER ELECTRIC
  FIGURE 58 SCHNEIDER ELECTRIC : COMPANY SNAPSHOT
  11.1.5 UNITED TECHNOLOGIES CORPORATION
  FIGURE 59 UNITED TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
  11.1.6 AMAZON
  FIGURE 60 AMAZON : COMPANY SNAPSHOT
  11.1.7 APPLE
  FIGURE 61 APPLE : COMPANY SNAPSHOT
  11.1.8 ADT
  FIGURE 62 ADT: COMPANY SNAPSHOT
  11.1.9 ROBERT BOSCH
  FIGURE 63 ROBERT BOSCH : COMPANY SNAPSHOT
  11.1.10 ASSA ABLOY
  FIGURE 64 ASSA ABLOY: COMPANY SNAPSHOT
  11.1.11 ABB
  FIGURE 65 ABB : COMPANY SNAPSHOT
11.2 OTHER KEY COMPANIES
  11.2.1 SAMSUNG ELECTRONICS
  11.2.2 SONY
  11.2.3 BUILDINGIQ
  11.2.4 DELTA CONTROLS
  11.2.5 CONTROL4
  11.2.6 AXIS COMMUNICATIONS
  11.2.7 COMCAST
  11.2.8 ALARM.COM
  11.2.9 VIVINT
  11.2.10 SIMPLISAFE
  11.2.11 ARMORAX
  11.2.12 CANARY
  11.2.13 SCOUT
  11.2.14 NORTEK SECURITY & SOLUTION
  11.2.15 LEGRAND
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
11.3 RIGHT TO WIN

12 ADJACENT AND RELATED MARKET

12.1 INTRODUCTION
12.2 LIMITATIONS
12.3 HOME SECURITY SOLUTION MARKET
  12.3.1 MARKET DEFINITION
  12.3.2 MARKET OVERVIEW
12.4 HOME SECURITY SOLUTION MARKET BY SYSTEMS
  FIGURE 66 VIDEO SURVEILLANCE SYSTEM SEGMENT TO REGISTER THE HIGHEST CAGR DURING FORECAST PERIOD
  TABLE 285 HOME SECURITY SYSTEMS MARKET, BY SYSTEMS, 2017–2025 (USD BILLION)
12.5 HOME SECURITY SOLUTION MARKET, BY SERVICES
  FIGURE 67 VIDEO SURVEILLANCE SERVICES SEGMENT TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD
  TABLE 286 HOME SECURITY SYSTEMS MARKET, BY SERVICES, 2017–2025 (USD MILLION)
12.6 HOME SECURITY SOLUTION MARKET BY REGION
  FIGURE 68 GEOGRAPHIC ANALYSIS: HOME SECURITY SYSTEMS MARKET (2020–2025)
  TABLE 287 HOME SECURITY SYSTEMS MARKET, BY REGION, 2017–2025 (USD BILLION)
  12.6.1 AMERICAS
  TABLE 288 HOME SECURITY SYSTEMS MARKET IN THE AMERICAS, BY SYSTEMS, 2017–2025 (USD MILLION)
  TABLE 289 HOME SECURITY SYSTEMS MARKET IN THE AMERICAS, BY SERVICES, 2017–2025 (USD MILLION)
  12.6.2 EUROPE
  TABLE 290 HOME SECURITY SYSTEMS MARKET IN EUROPE, BY SYSTEMS, 2017–2025 (USD MILLION)
  TABLE 291 HOME SECURITY SYSTEMS MARKET IN EUROPE, BY SERVICES, 2017–2025 (USD MILLION)
  12.6.3 APAC
  TABLE 292 HOME SECURITY SYSTEMS MARKET IN APAC, BY SYSTEMS, 2017–2025 (USD MILLION)
  TABLE 293 HOME SECURITY SYSTEMS MARKET IN APAC, BY SERVICES, 2017–2025 (USD MILLION)
  12.6.4 ROW
  TABLE 294 HOME SECURITY SYSTEMS MARKET IN ROW, BY SYSTEMS 2017–2025 (USD MILLION)
  TABLE 295 HOME SECURITY SYSTEMS MARKET IN ROW, BY SERVICES, 2017–2025 (USD MILLION)

13 APPENDIX

13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS


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