Smart Homes Systems Market

Smart home system is an intelligent web-connected electronic system which is designed to operate stand-alone or in a network with other devices. With recent developments across different areas of connectivity of appliances and devices, these systems enable users to monitor and control them even when they are on the move. This includes mobile connectivity features, an integral component of smart homes provided by device manufacturers; and compatible communication protocol and technology based products offered by Internet Service Providers. New technology is enabling the creation of smart homes, integrating devices to make the home a better place to be in terms of safety, comfort, productivity and well-being.

Smart Homes Systems Market contains market size and forecasts of Smart Homes Systems in Global, including the following market information:

Global Smart Homes Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Smart Homes Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Energy Management Systems Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Smart Homes Systems include ADT, Honeywell, Vivint, Nortek, Crestron, Lutron, Leviton, Comcast and ABB, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Homes Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Smart Homes Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Smart Homes Systems Market Segment Percentages, by Type, 2021 (%)

Energy Management Systems

Security and Access Control

Lighting Control

Home Appliances Control

Entertainment Control

Others

Global Smart Homes Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Smart Homes Systems Market Segment Percentages, by Application, 2021 (%)

Dwelling

Business Building

Hotel

Others

Global Smart Homes Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Smart Homes Systems Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Smart Homes Systems revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Smart Homes Systems revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ADT

Honeywell

Vivint

Nortek

Crestron

Lutron

Leviton

Comcast

ABB

Acuity Brands

Alarm.com

Control4

Schneider Electric

Time Warner Cable

Siemens AG

Sony

Savant

Nest

AMX

Legrand