Smart Home Market – Trends Forecast Till 2030

1
Smart Home Market 2030 Forecast USD 342.37
Billion at 19.89 CAGR
sales_at_delvens.com www.delvens.com
2
Smart Home Market Trends Forecast Till 2030
Smart Home Market, by Products (lighting control,
security access controls, entertainment
devices, hvac, smart kitchen appliances, home
appliances, smart furniture, home healthcare,
other devices), By Application (new construction,
retrofit), By Protocols (wireless, wired,
hybrid), and region (North America, Europe,
Asia-Pacific, Middle East and Africa and South
America).
Get a Sample Copy of the Smart Home Market
Research Report https//www.delvens.com/get-free-
sample/smart-home-market
sales_at_delvens.com
www.delvens.com
3
Market Overview
sales_at_delvens.com
www.delvens.com
4
Smart Home Market Overview

• The Smart Home Market size was estimated at USD
  96.16 billion in 2023 and is projected to reach
  USD 342.37 billion in 2030 at a CAGR of 19.89
  during the forecast period 2023-2030.
• A smart home is one that has several systems and
  technologies incorporated into it that allow its
  owners to control various aspects of the
  property. Smart houses may have features like
  locks that can be opened by pressing a button,
  lights that turn on when you enter the room, and
  thermostats that adjust the temperature based on
  your preferences. Even home security or energy
  consumption may be tracked by some smart home
  devices. The simplicity and security of
  automating house systems are two of the most
  obvious advantages of installing a smart home
  system. A smart house allows for smartphone-based
  direct management of lights, locks, thermostats,
  and security systems.

Inquire before you purchase to increase your
business' revenue https//www.delvens.com/Inquire
-before-buying/smart-home-market
5
Delvens Industry Expert's Standpoint

• The Smart Home Market is expected to grow during
  the forecast period. This growth can be
  attributed to several factors. The ability to
  control smart devices using voice commands has
  been made feasible by the rise of digital
  assistants like Alexa and Siri. The desire for
  smart home goods is fuelled by the new
  functionalities of these digital assistants, such
  as Bluetooth speaker control. Customers
  appreciate customized products because they are
  more practical and provide a superior user
  experience. The internet of things (IoT),
  artificial intelligence (AI), and other modern
  technologies are being adopted quickly, which has
  a big influence on market growth. The market for
  smart homes has expanded as a result of a rise in
  IoT adoption rates in both developed and
  developing countries. However, it is expensive
  because of the use of cutting-edge technology,
  engineering, manufacturing, and the setup or
  installation costs of smart home appliances. This
  might hamper the growth of the market during the
  forecast period.

6
Smart Home Market Regional Analysis

• North America to Dominate the Market
• North America is estimated to account for the
  largest market share during the forecast period
  because of the such evolving lifestyles, growing
  reliance on smart gadgets, and increased security
  concerns.
• Moreover, increasing number of regional vendors
  in the smart home industry is expected to drive
  the growth of the market during the forecast
  period.

7
Competitive Landscape

• ABB Ltd
• ASSA ABLOY
• Axis Communications AB
• Cisco Systems Inc.
• Control4 Corporation
• Emerson Electric Co.
• General Electric Company
• Google Inc.
• Honeywell International Inc.
• IBM Corporation
• Johnson Controls
• Legrand SA
• LG Electronics Inc.
• Lutron Electronics Co. Inc.
• Microsoft Corporation

• Schneider Electric SE
• Shenzhen Zhuohao Intelligent Electronic
  Development Co. Ltd (ACTOP)
• Siemens AG
• Smarthome Inc.
• United Technologies Corporation

sales_at_delvens.com
www.delvens.com
8
Reasons to Acquire

• Increase your understanding of the market for
  identifying the most suitable strategies and
  decisions based on sales or revenue fluctuations
  in terms of volume and value, distribution chain
  analysis, market trends, and factors.
• Gain authentic and granular data access for the
  Smart Home Market to understand the trends and
  the factors involved in changing market
  situations.
• Qualitative and quantitative data utilization to
  discover arrays of future growth from the market
  trends of leaders to market visionaries and then
  recognize the significant areas to compete in the
  future.
• In-depth analysis of the changing trends of the
  market by visualizing the historic and forecast
  year growth patterns.

Direct Purchase of Prefabricated Building and
Modular Construction Market Report Research
Report https//www.delvens.com/checkout/smart-hom
e-market
sales_at_delvens.com
www.delvens.com
9
Contact Information
About Us Delvens is a strategic advisory and
consulting company headquartered in New Delhi,
India. The company holds expertise in providing
syndicated research reports, customized research
reports and consulting services. Delvens
qualitative and quantitative data is highly
utilized by each level from niche to major
markets, serving more than 1K prominent companies
by assuring to provide the information on
country, regional and global business
environment. We have a database for more than 45
industries in more than 115 major countries
globally. Contact Us 44-20-8638-5055 sales_at_del
vens.com WEBSITE https//delvens.com/
sales_at_delvens.com
www.delvens.com