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Smart Home as a Service Market

Smart Home as a Service Market (Service - Managed and Integrated; Solution - Security and Access, Lighting and Window, Audio-Visual and Entertainment, Energy Management and Climate, and Integrated) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Global Smart Home as a Service Market: Snapshot

Besides convenience, a chief factor fuelling the uptake of smart home products is their assistance in energy management. Smart home as a service solutions not only enable users manage entertainment and other electronic appliances remotely, they also help customers keep a tab on the energy consumption. In addition, the rising demand for advanced security and surveillance has created an environment supporting strong growth of the global smart home as a service market. Because of opportunities it exhibits, the smart home as a service market has been attracting new players. While this pose threat to the existing companies, it also paves way for innovations and upgrade of existing technologies.

On the flip side, the high cost of smart home products is inhibiting the market’s trajectory to an extent. Furthermore, privacy concerns and possibility of misusing the technology have made customers skeptical of deploying smart home solutions. Nevertheless, the advent of novel connectivity standards is expected to help the market players mitigate the aforementioned concerns in the coming years.

The global smart home as a service market is forecast to reach US$10.9 bn by the end of 2025. In 2016, the market’s valuation stood at US$2.46 bn. If these figures hold true, the global smart home as a service market will exhibit an impressive CAGR of 18.1% between 2017 and 2025.

The demand within the global smart home as a service market is set to increase in the years to follow. Advancements in the energy sector have boded well for the growth of this market. The development of urban centers across all major regions of the world have played a crucial part in popularizing smart homes. The utility and ease offered by the components of smart homes have further caused an uptick in demand across the global market. Several people have become sensitive towards their energy consumption patterns, prompting them to install smart and energy-efficient technologies in their household. In light of these factors, it is safe to predict that the global smart home as a service market would grow at a stupendous pace.

  • The development of smart grids across town centers and cities has facilitated the development of smart residential and commercial buildings. There is increasing demand for smart technologies across the industrial sector as well, and this trend has played an underhanded role in the growth of the global smart home as a service market. The focus of the energy industry on inducing economical and sustainable standards in human living has given a thrust to market growth.
  • Integration of automation technologies such as artificial intelligence and machine learning in the smart home framework has created new pathways for growth across the global market. HVAC systems have gained popularity across the commercial and residential sector, creating renewed demand for smart home as a service. Several new electronic companies are providing integration services for smart home development. This is also a resilient dynamic of growth operating in the global smart home as a service market.

There is little contention about the inflow of fresh revenues into the global smart home as a service market as new and intelligent technologies make their way across the marketplace.

Advancements in the domain of cyber security have created new inlets for growth across the global supervisory control and data acquisition (SCADA) market. The unprecedented demand for improved hardware and software architecture across organizations and industrial units has generated increased demand within the global market. The domain of cyber security has expanded its roots to all other industries, reflecting the seriousness of the masses to develop novel cyber practices. Several companies have strengthened their holds over their cyber security architecture in order to stay relevant in times of entropy and change. As the hardware architecture of companies becomes more sophisticated, the global SCADA market would tread along a lucrative pathway.

  • Data breaches and cyberattacks have caused the industrial sector to elevate its gradient of technical learning. This has also created a large playfield of opportunities for the vendors operating in the global supervisory control and data acquisition market. Moreover, the collaboration of SCADA systems with PLCs has further enhanced the gradient of security across industries and companies. The quest of the industrial sector to go seamless with data security has also played to the advantage of the global market.
  • The entire network of computers and other relevant hardware has become more advanced in recent years. This factor has directly contributed towards the growth of the global supervisory control and data acquisition market. Moreover, the relevance of protecting confidential data across mission-critical industries has also played to the advantage of the vendors operating in the global market. The presence of dedicated cyber security teams across several companies has also enabled the inflow of fresh revenues into the global supervisory control and data acquisition market.

The security industry is at the forefront of growth within the global SCADA market, and is expected to dig out new technologies and systems that use supervisory control.

smart home as a service market

Integrated Services to Continue Witnessing High Demand

On the basis of service, the global smart home as a service market is bifurcated into managed and integrated. The integrated service segment is anticipated to contribute major share in the global smart home as a service market. It is expected to hold nearly 63.6% of the market by the end of 2017. With the increasing demand and adoption of integrated services, the integrated services segment is likely to witness steady growth and thus remain dominant throughout the forecast period. The managed service segment is expected to hold a comparatively smaller share of the global smart home as a service market.

On the basis of solution, the global smart home as a service market is segmented into security and access, lighting and window, audio-visual and entertainment, energy management and climate and integrated solutions. Of these, the integrated solutions segment is expected to hold the major share of the smart home as a service market. Security and access solution segment will emerge as the second-lead in terms of market share. Audio-visual and entertainment is projected to beat other segments in terms of growth pace. The segment is forecast to exhibit a CAGR of 19.67% during the period from 2017 to 2025. This growth is primarily ascribable to increased demand for streaming services and online content.

Presence of Leading Players in North America helps it attain Dominance

The global smart home as a service market is expected to be led by North America. The region’s share in the market is expected to reach over 45% by the end of 2017, with the U.S. at the fore. Besides being an early adopted of advanced technologies, the North America market is gaining from the presence of several leading players in the region. Europe in 2016, has emerged as the second-leading market for smart home as a service in the world. In the region, France, Germany, and the U.K., have emerged as the most lucrative pockets. Moreover, Europe’s local industry exhibits a strong growth and overall consumers are aware of the latest technologies. These factors are expected to act in favor of the market in Europe.

Through the course of the forecast period, Asia Pacific is forecast to exhibit highly lucrative opportunities. The market players are likely to capitalize on the rising demand from China, Japan, Australia, and South East Asian countries.

The key players profiled in the global smart home as a service market include AT&T Inc., CenturyLink, Inc., Charter Communications (TWC), Comcast Corporation, Frontpoint Security Solutions, Ingersoll-Rand plc (Nexia), Johnson Controls, Inc., Protection One Alarm Monitoring, Inc., The ADT Corporation and Vivint, Inc.

The Global Smart Home as a Service market is segmented as below:

By Service
  • Managed Services
  • Integrated Services

By Solution
  • Security and Access
  • Lighting and Window
  • Audio-Visual and Entertainment
  • Energy Management and Climate
  • Integrated Solutions

By Geography
  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • The U.K
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • Australia
    • Rest of APAC
  • Middle East and Africa (MEA)
    • UAE
    • Saudi Arabia
    • Rest of MEA
  • South America
    • Brazil
    • Argentina
    • Rest of South America

    1. Preface
        1.1. Market Definition and Scope
        1.2. Market Segmentation
        1.3. Key Research Objectives
        1.4. Research Highlights

    2. Assumptions and Research Methodology

    3. Executive Summary : Global Smart Home as a Service Market

    4. Market Overview
        4.1. Key Industry Developments
        4.2. Key Market Indicators
        4.3. Market Dynamics
               4.3.1. Drivers
               4.3.2. Restraints
        4.4. Key Trends
        4.5. Global Smart Home as a Service Market Analysis and Forecasts, 2015 – 2025
               4.5.1. Market Revenue Projections (US$ Mn)
        4.6. Porter’s Five Force Analysis
        4.7. Market Outlook

    5. Global Smart Home as a Service Market Analysis and Forecasts, By Solution
        5.1. Overview & Definition
        5.2. Key Findings / Developments
        5.3. Market Size (US$ Mn) Forecast By Solution, 2015 – 2025
               5.3.1. Security and Access 
               5.3.2. Lighting and Window 
               5.3.3. Audio-Visual and Entertainment
               5.3.4. Energy Management and Climate
               5.3.5. Integrated
        5.4. Comparison Matrix By Solution
        5.5. Market Attractiveness By Solution

    6. Global Smart Home as a Service Market Analysis and Forecasts, By Service
        6.1. Overview & Definition
        6.2. Key Findings / Developments
        6.3. Market Size (US$ Mn) Forecast By Service, 2015 – 2025
               6.3.1. Managed
               6.3.2. Integrated
        6.4. Comparison Matrix By Service
        6.5. Market Attractiveness By Service

    7. Global Smart Home as a Service Market Analysis and Forecasts, By Region
        7.1. Key Trends
        7.2. Market Size (US$ Mn) Forecast By Region, 2015 – 2025
               7.2.1. North America
               7.2.2. Europe
               7.2.3. Asia Pacific
               7.2.4. Middle East and Africa
               7.2.5. South America
        7.3. Market Attractiveness By Region

    8. North America Smart Home as a Service Market Analysis and Forecast
        8.1. Key Findings
        8.2. Market Size (US$ Mn) Forecast By Service, 2015 – 2025
               8.2.1. Managed
               8.2.2. Integrated
        8.3. Market Size (US$ Mn) Forecast By Solution, 2015 – 2025
               8.3.1. Security and Access 
               8.3.2. Lighting and Window 
               8.3.3. Audio-Visual and Entertainment
               8.3.4. Energy Management and Climate
               8.3.5. Integrated
        8.4. Market Size (US$ Mn) Forecast By Country, 2015 – 2025
               8.4.1. United States
               8.4.2. Canada 
               8.4.3. Rest of North America 
        8.5. Market Attractiveness Analysis 
               8.5.1. By Solution
               8.5.2. By Service
               8.5.3. By Country

    9. Europe Smart Home as a Service Market Analysis and Forecast
        9.1. Key Findings
        9.2. Market Size (US$ Mn) Forecast By Service, 2015 – 2025
               9.2.1. Managed
               9.2.2. Integrated
        9.3. Market Size (US$ Mn) Forecast By Solution, 2015 – 2025
               9.3.1. Security and Access 
               9.3.2. Lighting and Window 
               9.3.3. Audio-Visual and Entertainment
               9.3.4. Energy Management and Climate
               9.3.5. Integrated
        9.4. Market Size (US$ Mn) Forecast By Country, 2015 – 2025
               9.4.1. The U.K.
               9.4.2. Germany
               9.4.3. France
               9.4.4. Rest of Europe 
        9.5. Market Attractiveness Analysis 
               9.5.1. By Solution
               9.5.2. By Service
               9.5.3. By Country

    10. Asia Pacific Smart Home as a Service Market Analysis and Forecast
        10.1. Key Findings
        10.2. Market Size (US$ Mn) Forecast By Service, 2015 – 2025
               10.2.1. Managed
               10.2.2. Integrated
        10.3. Market Size (US$ Mn) Forecast By Solution, 2015 – 2025
               10.3.1. Security and Access 
               10.3.2. Lighting and Window 
               10.3.3. Audio-Visual and Entertainment
               10.3.4. Energy Management and Climate
               10.3.5. Integrated
        10.4. Market Size (US$ Mn) Forecast By Country, 2015 – 2025
               10.4.1. China
               10.4.2. Japan
               10.4.3. India
               10.4.4. Rest of Asia Pacific 
        10.5. Market Attractiveness Analysis 
               10.5.1. By Solution
               10.5.2. By Service
               10.5.3. By Country

    11. Middle East and Africa Smart Home as a Service Market Analysis and Forecast
        11.1. Key Findings
        11.2. Market Size (US$ Mn) Forecast By Service, 2015 – 2025
               11.2.1. Managed
               11.2.2. Integrated
        11.3. Market Size (US$ Mn) Forecast By Solution, 2015 – 2025
               11.3.1. Security and Access 
               11.3.2. Lighting and Window 
               11.3.3. Audio-Visual and Entertainment
               11.3.4. Energy Management and Climate
               11.3.5. Integrated
        11.4. Market Size (US$ Mn) Forecast By Country, 2015 – 2025
               11.4.1. UAE
               11.4.2. Saudi Arabia
               11.4.3. Rest of Middle East and Africa 
        11.5. Market Attractiveness Analysis 
               11.5.1. By Solution
               11.5.2. By Service
               11.5.3. By Country

    12. South America Smart Home as a Service Market Analysis and Forecast
        12.1. Key Findings
        12.2. Market Size (US$ Mn) Forecast By Service, 2015 – 2025
               12.2.1. Managed
               12.2.2. Integrated
        12.3. Market Size (US$ Mn) Forecast By Solution, 2015 – 2025
               12.3.1. Security and Access 
               12.3.2. Lighting and Window 
               12.3.3. Audio-Visual and Entertainment
               12.3.4. Energy Management and Climate
               12.3.5. Integrated
        12.4. Market Size (US$ Mn) Forecast By Country, 2015 – 2025
               12.4.1. Brazil
               12.4.2. Argentina
               12.4.3. Rest of South America 
        12.5. Market Attractiveness Analysis 
               12.5.1. By Solution
               12.5.2. By Service
               12.5.3. By Country

    13. Competition Landscape
        13.1. Market Player – Competition Matrix (By Tier and Size of companies)
        13.2. Market Share Analysis By Company (2015)
        13.3. Company Profiles
               13.3.1. Vivint, Inc.
                         13.3.1.1. Company Description
                         13.3.1.2. Financials
                         13.3.1.3. Strategic Overview
                         13.3.1.4. SWOT Analysis
               13.3.2. The ADT Corporation 
                         13.3.2.1. Company Description
                         13.3.2.2. Financials
                         13.3.2.3. Strategic Overview
                         13.3.2.4. SWOT Analysis
               13.3.3. AT&T Inc
                         13.3.3.1. Company Description
                         13.3.3.2. Financials
                         13.3.3.3. Strategic Overview
                         13.3.3.4. SWOT Analysis
               13.3.4. Comcast Corporation
                         13.3.4.1. Company Description
                         13.3.4.2. Financials
                         13.3.4.3. Strategic Overview
                         13.3.4.4. SWOT Analysis
               13.3.5. CenturyLink, Inc
                         13.3.5.1. Company Description
                         13.3.5.2. Financials
                         13.3.5.3. Strategic Overview
                         13.3.5.4. SWOT Analysis
               13.3.6. Ingersoll-Rand plc (Nexia)
                         13.3.6.1. Company Description
                         13.3.6.2. Financials
                         13.3.6.3. Strategic Overview
                         13.3.6.4. SWOT Analysis
               13.3.7. Charter Communications (TWC)
                         13.3.7.1. Company Description
                         13.3.7.2. Financials
                         13.3.7.3. Strategic Overview
                         13.3.7.4. SWOT Analysis
               13.3.8. Johnson Controls, Inc.
                         13.3.8.1. Company Description
                         13.3.8.2. Financials
                         13.3.8.3. Strategic Overview
                         13.3.8.4. SWOT Analysis
               13.3.9. Frontpoint Security Solutions
                         13.3.9.1. Company Description
                         13.3.9.2. Financials
                         13.3.9.3. Strategic Overview
                         13.3.9.4. SWOT Analysis
               13.3.10. Protection One Alarm Monitoring, Inc.
                         13.3.10.1. Company Description
                         13.3.10.2. Financials
                         13.3.10.3. Strategic Overview
                         13.3.10.4. SWOT Analysis

    14. Key Takeaways

    List of Tables

    Table 1: Global Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Solution, 2015–2025 
    Table 2: Global Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Service, 2015–2025
    Table 3: Global Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Region, 2015–2025 
    Table 4: North America Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Service, 2015–2025
    Table 5: North America Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Solution, 2015–2025
    Table 6: North America Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Country, 2015 – 2025
    Table 7: Europe Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Service, 2015–2025
    Table 8: Europe Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Solution, 2015–2025
    Table 9: Europe Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Country, 2015 – 2025
    Table 10: Asia Pacific Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Service, 2015–2025
    Table 11: Asia Pacific Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Solution, 2015–2025
    Table 12: Asia Pacific Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Country, 2015 – 2025
    Table 13: Middle East and Africa Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Service, 2015–2025
    Table 14: Middle East and Africa Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Solution, 2015–2025
    Table 15: Middle East and Africa Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Country, 2015 – 2025
    Table 16: South America Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Service, 2015–2025
    Table 17: South America Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Solution, 2015–2025
    Table 18: South America Smart Home as a Service Market Revenue (US$ Bn) Forecast, by Country, 2015 – 2025

    List of Figures

    Figure 1: Executive Summary: Market Size, Indicative (US$ Bn) and Top Solution Segments
    Figure 2: Global Smart Home as a Service Market Revenue (US$ Bn) Forecast, 2015–2025
    Figure 3: Global Smart Home as a Service Market Y-o-Y Growth (Value %), 2016 – 2025
    Figure 4: Global Smart Home as a Service Market Value Share by Service (2025)
    Figure 5: Global Smart Home as a Service Market CAGR by Service (2017 – 2025)
    Figure 6: Global Smart Home as a Service Market Value Share by Solution (2025)
    Figure 7: Global Smart Home as a Service Market CAGR by Solution (2017 – 2025)
    Figure 8: Global Smart Home as a Service market Value Share Analysis by Solution, 2017 and 2025
    Figure 9: Global Smart Home as a Service market Revenue and Y-o-Y Growth, by Solution – Security and Access, 2015 - 2025, (US$ Bn and Value %)
    Figure 10: Global Smart Home as a Service market Revenue and Y-o-Y Growth, by Solution – Lighting and Window, 2015 – 2025, (US$ Bn and Value %)
    Figure 11: Global Smart Home as a Service market Revenue and Y-o-Y Growth, by Solution – Audio-Visual and Entertainment, 2015 - 2025, (US$ Bn and Value %)
    Figure 12: Global Smart Home as a Service market Revenue and Y-o-Y Growth, by Solution – Energy Management and Climate, 2015 - 2025, (US$ Bn and Value %)
    Figure 13: Global Smart Home as a Service market Revenue and Y-o-Y Growth, by Solution– Integrated, 2015 - 2025, (US$ Bn and Value %)
    Figure 14: Smart Home as a Service market Attractiveness Analysis by Solution
    Figure 15: Global Smart Home as a Service Market Share Analysis, by Service, 2017 and 2025
    Figure 16: Global Smart Home as a Service market Revenue and Y-o-Y Growth, by Service– Managed, 2015 - 2025, (US$ Bn and Value %)
    Figure 17: Global Smart Home as a Service market Revenue and Y-o-Y Growth, by Service– Integrated, 2015 - 2025, (US$ Bn and Value %)
    Figure 18: Smart Home as a Service market Attractiveness Analysis by Service
    Figure 19: Global Smart Home as a Service market Value Share Analysis by Region, 2017 and 2025
    Figure 20: Smart Home as a Service market Attractiveness Analysis, by Region
    Figure 21: North America Smart Home as a Service Market Revenue (US$ Bn) Forecast, 2015–2025
    Figure 22: North America Smart Home as a Service Market Y-o-Y Growth (Value %), 2016 – 2025
    Figure 23: North America Smart Home as a Service Market Share Analysis, by Service, 2017 and 2025
    Figure 24: North America Smart Home as a Service Market Share Analysis, by Solution, 2017 and 2025
    Figure 25: North America Smart Home as a Service Market Share Analysis, by Country, 2017 and 2025
    Figure 26: North America Smart Home as a Service Market Attractiveness Analysis, By Service (2017)
    Figure 27: North America Smart Home as a Service Market Attractiveness Analysis, By Solution (2017)
    Figure 28: North America Smart Home as a Service Market Attractiveness Analysis, By Country (2017)
    Figure 29: Europe Smart Home as a Service Market Revenue (US$ Bn) Forecast, 2015–2025
    Figure 30: Europe Smart Home as a Service Market Y-o-Y Growth (Value %), 2016 – 2025
    Figure 31: Europe Smart Home as a Service Market Share Analysis, by Service, 2017 and 2025
    Figure 32: Europe Smart Home as a Service Market Share Analysis, by Solution, 2017 and 2025
    Figure 33: Europe Smart Home as a Service Market Share Analysis, by Country, 2017 and 2025
    Figure 34: Europe Smart Home as a Service Market Attractiveness Analysis, By Service (2017)
    Figure 35: Europe Smart Home as a Service Market Attractiveness Analysis, By Solution(2017)
    Figure 36: Europe Smart Home as a Service Market Attractiveness Analysis, By Country (2017)
    Figure 37: Asia Pacific Smart Home as a Service Market Revenue (US$ Bn) Forecast, 2015–2025
    Figure 38: Asia Pacific Smart Home as a Service Market Y-o-Y Growth (Value %), 2016 – 2025
    Figure 39: Asia Pacific Smart Home as a Service Market Share Analysis, by Service, 2017 and 2025
    Figure 40: Asia Pacific Smart Home as a Service Market Share Analysis, by Solution, 2017 and 2025
    Figure 41: Asia Pacific Smart Home as a Service Market Share Analysis, by Country, 2017 and 2025
    Figure 42: Asia Pacific Smart Home as a Service Market Attractiveness Analysis, By Service (2017)
    Figure 43: Asia Pacific Smart Home as a Service Market Attractiveness Analysis, By Solution (2017)
    Figure 44: Asia Pacific Smart Home as a Service Market Attractiveness Analysis, By Country (2017)
    Figure 45: Middle East and Africa Smart Home as a Service Market Revenue (US$ Bn) Forecast, 2015–2025
    Figure 46: Middle East and Africa Smart Home as a Service Market Y-o-Y Growth (Value %), 2016 – 2025
    Figure 47: Middle East and Africa Smart Home as a Service Market Share Analysis, by Service, 2017 and 2025
    Figure 48: Middle East and Africa Smart Home as a Service Market Share Analysis, by Solution, 2017 and 2025
    Figure 49: Middle East and Africa Smart Home as a Service Market Share Analysis, by Country, 2017 and 2025
    Figure 50: Middle East and Africa Smart Home as a Service Market Attractiveness Analysis, By Service (2017)
    Figure 51: Middle East and Africa Smart Home as a Service Market Attractiveness Analysis, By Solution (2017)
    Figure 52: Middle East and Africa Smart Home as a Service Market Attractiveness Analysis, By Country (2017)
    Figure 53: South America Smart Home as a Service Market Revenue (US$ Bn) Forecast, 2015–2025
    Figure 54: South America Smart Home as a Service Market Y-o-Y Growth (Value %), 2016 – 2025
    Figure 55: South America Smart Home as a Service Market Share Analysis, by Service, 2017 and 2025
    Figure 56: South America Smart Home as a Service Market Share Analysis, by Solution, 2017 and 2025
    Figure 57: South America Smart Home as a Service Market Share Analysis, by Country, 2017 and 2025
    Figure 58: South America Smart Home as a Service Market Attractiveness Analysis, By Service (2017)
    Figure 59: South America Smart Home as a Service Market Attractiveness Analysis, By Solution (2017)
    Figure 60: South America Smart Home as a Service Market Attractiveness Analysis, By Country (2017)
    Figure 61: Global Smart Home as a Service market Share Analysis By Company (2015)

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Smart Home as a Service Market

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