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Global Smart Home Market Size study, by Product (Lighting Control, Security and Access Control, HVAC Control, Entertainment and Other Controls, Home Healthcare, Smart Kitchen, Home Appliances, Smart Furniture), by Software and Service (Proactive, Behavioral), and Regional Forecasts 2021-2027


Global smart home market to reach USD 152.9 billion by 2027. Global smart home market is valued approximately at USD 76.5 billion in 2020 and is anticipated to grow with a healthy growth rate of about 10.4% over the forecast period 2021-2027. Smart home refers to the type of home which is equipped with heating, lighting, and electronic devices that can be controlled by computer or smartphone, remotely. The main objective of the smart home is to enhance the convenience and quality of life. Other goals include more efficient use of energy and greater security due to remote-controllable, connected devices. A range of home appliances, such as the lights, washing machine, coffee maker, and others can be time-controlled. The global smart home market is being driven by growing number of internet users and increasing adoption of smart devices and rapid proliferation of smart gadgets and smartphones. Furthermore, use of lighting controllers with in-built data-connectivity technology will provide new opportunities for the global smart home industry. Also, market players across the globe are strengthening their geographical presence through undertaking various strategic initiatives, which is also expected to have a positive impact on the market growth. For instance, in 2019, Apple, Amazon, Google, and Zigbee Alliance entered a collaboration to develop a new working group with the intent to manufacture and promote the adoption of a royalty-free, new, connectivity standard for enhancing the compatibility among Smart home products, with security as a prime design tenet. Also, in 2018, Johnson Controls International acquired Lux Products Corporation, which is a major provider of smart products and residential thermostats. Lux Products Corporation markets a range of successful commercial and residential product lines such as timers, smart home thermostats, including Geo and Kono. Such strategic moves by the market players are expected to fuel developments in smart home which is likely to boost the market growth. However, issues related to breach in privacy and security may impede market growth over the forecast period of 2021-2027. 

The regional analysis of the global smart home market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America accounts for the largest share in terms of market revenue in the global smart home market over the forecast period 2021-2027. Factors such as presence of majority of the key market players in the region, technological developments and advancements, increasing demand and adoption of real-time energy management systems and smart technologies, etc. contribute towards the largest market share of the region in the forecast years. 
Major market player included in this report are:
Johnson Controls International
United Technologies Corporation
Schneider Electric
Honeywell International, Inc.
Siemens AG
Amazon, Inc.
Apple Inc.
Google
ADT
Robert Bosch Gmbh
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: 

By Product:
Lighting Control
Security and Access Control
HVAC Control
Entertainment and Other Controls
Home Healthcare
Smart Kitchen
Home Appliances
Smart Furniture
By Software and Service:
Proactive
Behavioral
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Smart Home Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1.	Smart Home Market, by Region, 2019-2027 (USD Billion)
1.2.2.	Smart Home Market, by Product, 2019-2027 (USD Billion)
1.2.3.	Smart Home Market, by Software and Service, 2019-2027 (USD Billion) 
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Smart Home Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Smart Home Market Dynamics	
3.1.	Smart Home Market Impact Analysis (2019-2027)
3.1.1.	Market Drivers
3.1.1.1.	Growing number of internet users and increasing adoption of smart devices
3.1.1.2.	Rapid proliferation of smart gadgets and smartphones
3.1.2.	Market Restraint
3.1.2.1.	Issues related to breach in privacy and security
3.1.3.	Market Opportunities
3.1.3.1.	Use of lighting controllers with in-built data-connectivity technology
Chapter 4.	Global Smart Home Market Industry Analysis
4.1.	Porter's 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter's 5 Force Model (2018-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Smart Home Market, by Product
a.	Market Snapshot 
5.1.	Global Smart Home Market by Product, Performance - Potential Analysis
5.2.	Global Smart Home Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
5.3.	Smart Home Market, Sub Segment Analysis
5.3.1.	Lighting Control
5.3.2.	Security and Access Control
5.3.3.	HVAC Control
5.3.4.	Entertainment and Other Controls
5.3.5.	Home Healthcare
5.3.6.	Smart Kitchen
5.3.7.	Home Appliances
5.3.8.	Smart Furniture
Chapter 6.	Global Smart Home Market, by Software and Service
b.	Market Snapshot 
6.1.	Global Smart Home Market by Software and Service, Performance - Potential Analysis
6.2.	Global Smart Home Market Estimates & Forecasts by Software and Service 2018-2027 (USD Billion)
6.3.	Smart Home Market, Sub Segment Analysis
6.3.1.	Proactive
6.3.2.	Behavioral
Chapter 7.	Global Smart Home Market, Regional Analysis
7.1.	Smart Home Market, Regional Market Snapshot 
7.2.	North America Smart Home Market
7.2.1.	U.S. Smart Home Market
7.2.1.1.	Product breakdown estimates & forecasts, 2018-2027
7.2.1.2.	Software and Service breakdown estimates & forecasts, 2018-2027
7.2.2.	Canada Smart Home Market
7.3.	Europe Smart Home Market Snapshot
7.3.1.	U.K. Smart Home Market
7.3.2.	Germany Smart Home Market
7.3.3.	France Smart Home Market
7.3.4.	Spain Smart Home Market
7.3.5.	Italy Smart Home Market
7.3.6.	Rest of Europe Smart Home Market
7.4.	Asia-Pacific Smart Home Market Snapshot
7.4.1.	China Smart Home Market
7.4.2.	India Smart Home Market
7.4.3.	Japan Smart Home Market
7.4.4.	Australia Smart Home Market
7.4.5.	South Korea Smart Home Market
7.4.6.	Rest of Asia Pacific Smart Home Market
7.5.	Latin America Smart Home Market Snapshot
7.5.1.	Brazil Smart Home Market
7.5.2.	Mexico Smart Home Market
7.6.	Rest of The World Smart Home Market
Chapter 8.	Competitive Intelligence
8.1.	Top Market Strategies
8.2.	Company Profiles
8.2.1.	Johnson Controls International
8.2.1.1.	Key Information
8.2.1.2.	Overview
8.2.1.3.	Financial (Subject to Data Availability)
8.2.1.4.	Product Summary
8.2.1.5.	Recent Developments
8.2.2.	United Technologies Corporation
8.2.3.	Schneider Electric
8.2.4.	Honeywell International, Inc.
8.2.5.	Siemens AG
8.2.6.	Amazon, Inc.
8.2.7.	Apple Inc.
8.2.8.	Google
8.2.9.	ADT
8.2.10.	Robert Bosch Gmbh
Chapter 9.	Research Process
9.1.	Research Process
9.1.1.	Data Mining
9.1.2.	Analysis
9.1.3.	Market Estimation
9.1.4.	Validation
9.1.5.	Publishing
9.2.	Research Attributes
9.3.	Research Assumption

List of Tables TABLE 2. Global Smart Home Market, report scope TABLE 3. Global Smart Home Market estimates & forecasts by region 2018-2027 (USD Billion) TABLE 4. Global Smart Home Market estimates & forecasts by Product 2018-2027 (USD Billion) TABLE 5. Global Smart Home Market estimates & forecasts by Software and Service 2018-2027 (USD Billion) TABLE 6. Global Smart Home Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 7. Global Smart Home Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 8. Global Smart Home Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 9. Global Smart Home Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 10. Global Smart Home Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 11. Global Smart Home Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 12. Global Smart Home Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 13. Global Smart Home Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 14. Global Smart Home Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 15. Global Smart Home Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 16. Global Smart Home Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 17. Global Smart Home Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 18. Global Smart Home Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 19. Global Smart Home Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 20. Global Smart Home Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 21. Global Smart Home Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 22. U.S. Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 23. U.S. Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 24. U.S. Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 25. Canada Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 26. Canada Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 27. Canada Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 28. UK Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 29. UK Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 30. UK Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 31. Germany Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 32. Germany Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 33. Germany Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 34. France Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 35. France Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 36. France Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 37. Spain Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 38. Spain Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 39. Spain Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 40. Italy Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 41. Italy Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 42. Italy Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 43. ROE Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 44. ROE Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 45. ROE Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 46. China Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 47. China Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 48. China Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 49. India Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 50. India Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 51. India Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 52. Japan Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 53. Japan Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 54. Japan Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 55. Australia Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 56. Australia Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 57. Australia Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 58. South Korea Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 59. South Korea Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 60. South Korea Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 61. ROPAC Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 62. ROPAC Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 63. ROPAC Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 64. Brazil Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 65. Brazil Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 66. Brazil Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 67. Mexico Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 68. Mexico Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 69. Mexico Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 70. ROLA Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 71. ROLA Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 72. ROLA Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 73. ROW Smart Home Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 74. ROW Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 75. ROW Smart Home Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 76. List of secondary sources used in the study of global Smart Home Market. TABLE 77. List of primary sources used in the study of global Smart Home Market. TABLE 78. Years considered for the study. TABLE 79. Exchange rates considered.List of figures FIG 1. Global Smart Home Market, research methodology FIG 2. Global Smart Home Market, market estimation techniques FIG 3. Global market size estimates & forecast methods FIG 4. Global Smart Home Market, key trends 2020 FIG 5. Global Smart Home Market, growth prospects 2021-2027 FIG 6. Global Smart Home Market, porters 5 force model FIG 7. Global Smart Home Market, pest analysis FIG 8. Global Smart Home Market, value chain analysis FIG 9. Global Smart Home Market by segment, 2018 & 2027 (USD Billion) FIG 10. Global Smart Home Market by segment, 2018 & 2027 (USD Billion) FIG 11. Global Smart Home Market by segment, 2018 & 2027 (USD Billion) FIG 12. Global Smart Home Market by segment, 2018 & 2027 (USD Billion) FIG 13. Global Smart Home Market by segment, 2018 & 2027 (USD Billion) FIG 14. Global Smart Home Market by segment, 2018 & 2027 (USD Billion) FIG 15. Global Smart Home Market by segment, 2018 & 2027 (USD Billion) FIG 16. Global Smart Home Market by segment, 2018 & 2027 (USD Billion) FIG 17. Global Smart Home Market, regional snapshot 2018 & 2027 FIG 18. North America Smart Home Market2018 & 2027 (USD Billion) FIG 19. Europe Smart Home Market2018 & 2027 (USD Billion) FIG 20. Asia-Pacific Smart Home Market2018 & 2027 (USD Billion) FIG 21. Latin America Smart Home Market2018 & 2027 (USD Billion) FIG 22. Global Smart Home Market, company market share analysis (2020)

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