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(Construction.IndustryNews247.Com, October 31, 2018 ) According to Verified Market Intelligence, The Global Smart Home Market was valued at USD 64.33 billion in 2017 and is projected to reach USD 176.59 billion by 2025, growing at a CAGR of 13.5% from 2018 to 2025.
What is Smart Home?
Smart home also known as home automation, involves usage of internet-connected devices in order to manage and monitor of various home appliances and systems. It is an advanced technology that helps in making operations of various home appliances more convenient and energy saver. This technology involves controlling of all the electronic devices that are present at home using wireless technology. It offers comfort, energy efficiency, security and convenience to the end users by enabling them to control all the electronic appliances through a smart home app on their mobile phones or other networked devices. Increasing technological developments in various home appliances and equipment boost the growth of the smart home market.
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Global Smart Home Market Outlook
Growing importance of home monitoring system, Advancement in Internet of Things (IoT), and growing awareness among the consumers regarding efficient energy saver been driving the global smart home market. On the other hand, high cost of existing smart devices and security and privacy concerns might hinder the overall growth at a global level.
Global Smart Home Market Competitive Landscape
The “Global Smart Home Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Siemens AG, United Technologies Corporation, General Electric Company, Schneider Electric Se, Honeywell International, Inc., Ingersoll-Rand PLC, Johnson Controls, Inc. and ABB Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Global Smart Home Market Segmentation, by Application
Lighting Control
Security and Access Control
Smart Kitchen
Home Appliances
HVAC Control
Entertainment And Other Control
Home Healthcare
Global Smart Home Market Segmentation, by Software & Service
Software
Hardware
Services
Global Smart Home Market Segmentation, by Protocols and Technologies
Cellular Network Technologies
Cdma Networks
GSM/HSPA Networks
LTE Networks
Protocols & Standards
Digital Addressable Lighting Interface (DALI)
KNX
Digital Multiplexer (DMX)
Ethernet
Modbus
Others
Wireless Communication Technologies
ZigBee
Z-Wave
Wi-Fi
Bluetooth
Others
Global Smart Home Market Geographic Scope
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Rest of the World
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About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.
Contact Us:
Mr. Ankush
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com
Verified Market Research
Amaan Kazi
+1 (650) 781 4080
amaankazi@verifiedmarketresearch.com
Source: EmailWire.Com 
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