Smart Home Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Opportunities in the smart home market have evolved through a number of stages i.e. from ECHO IV to virtual assistant technology. Lucintel has found the future of this market to be promising; the smart home market is expected to reach $119 billion by 2025 with a CAGR of 8%. In this market, safety and security is expected to remain the largest end-use type, and the wireless segment is expected to remain the largest technology. Players can benefit from the available opportunities like increasing adoption of cloud-based technologies and increasing awareness related to safety and security.

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Honeywell, Johnson & Johnson ADT Corporation, Control4 Corporation, United Technologies Corporation, Siemens AG, Philips, Acuity Brands, and Vivint Inc. are some of the companies profiled in this report.

Some of the features of this report:

  • Market size estimates:Smart home market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis:Market trend (2014-2019) and forecast (2020-2025) by segments and region.
  • Segmentation analysis: Smart home market size by various applications such as application, product and service, and technology in terms of value and volume shipment.
  • Regional analysis:Smart home market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities:Analysis on growth opportunities in different applications and regions of smart home in the smart home market.
  • Strategic analysis:This includes M&A, new product development, and competitive landscape of smart home in the smart home market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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