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Smart Home Market

Smart Home Market (Technology: Wired and Wireless; and Product: Lighting Control, Security and Access Control, HVAC Control, Entertainment, Smart Appliance, Smart Speakers, Smart Kitchen, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Smart Home Market Outlook 2031

  • The global smart home market was valued at US$ 87.2 Bn in 2020
  • It is estimated to expand at a CAGR of 22.5% from 2021 to 2031
  • The global smart home market is expected to reach the value of US$ 767.3 Bn by the end of 2031

Analysts’ Viewpoint on Smart Home Market Scenario

Since touch has become a taboo amid the ongoing COVID-19 crisis, sales of smart home speakers is projected to surge in the upcoming months. Manufacturers are tapping areas of superior sound quality, smart-home utility, and stable multi-room audio in order to gain a competitive edge over other players in the market landscape. They are developing devices that facilitate all-around listening and enable easy booking of tickets & hotel reservations. However, technological innovations in smart home digital assistants have reached a stagnation. Hence, companies in the smart home market should focus on the integration of voice and visual capabilities in devices to boost product uptake.

Home Security Solutions Gain Popularity in Smart Home Market

Security innovations for smart homes is a highly talked-about concept in the smart home market. Smart locks and video doorbells are becoming increasingly mainstream in the global market landscape. An alarming rate of thefts and vulnerable safety of individuals has provoked end users to invest in future-proof home security solutions. Since home security is one of the top priorities that individuals desire to have in their homes, companies in the smart home market are capitalizing on this widespread trend. As such, there is a growing demand for solutions that offer real-time updates and notifications, especially when users are away from home.

Remote monitoring of door locks and security cameras has become need of the hour in the market of home security solutions. Companies are extending innovative services in which technicians are capable of changing traditional security elements such as deadbolt locks and doorbells into smarter versions of themselves.

Demand for Reliable Smart Air Purifiers amid COVID-19 Outbreak

Following the outbreak of COVID-19 pandemic, many individuals are flocking to medical stores to purchase disinfectant sprays, masks, and other personal protective equipment (PPE) to fight off the deadly infection. This trend has also triggered the demand for smart air purifiers. However, individuals are pondering whether smart air purifiers are really that effect to neutralize coronavirus particles. Hence, companies are innovating in smart air filters and increasing their R&D activities to substantiate the size of coronavirus particles.

It has been found that coronavirus particles can be neutralized through smart air purifiers, since these particles are relatively much larger than most of the smallest particles known till now. Hence, companies in the smart home market are increasing their focus in HEPA (High Efficiency Particulate Air) filters that are capable of decontaminating coronavirus particles. Even many airline companies use smart air purifiers with HEPA filters to neutralize harmful particulate matter.

Voice-enabled Devices Under Scrutiny for Data Security Concerns

Amazon and Google are aggressively innovating in their respective voice-enabled devices. However, there is increased awareness about data security concerns as to how these tech giants collect and share their data. Hence, companies in the smart home market are making improvements in devices that can automatically delete recordings of users on a routine basis, thus limiting a user’s access for prior voice commands.

The concept of fun-to-have gadgets for checking the weather, playing music and answering trivia questions is gaining prominence worldwide. In order to enhance user’s experience, companies are increasing efforts to eliminate the need for wake words such as OK Google or Alexa in devices. Such innovative devices are bolstering growth for the smart home market, which is predicted to reach a promising valuation by the end of the forecast period.

Light & Heat Control Preferred Feature in Smart Glass Installations

Apart from innovations in HVAC control systems, smart appliances, and smart speakers, companies in the smart home market are innovating in smart glasses. The surging demand for privacy, energy-efficiency, light & heat control, design innovation, and automated shading is a key reason for boosting the demand for smart glass. Smart glass, also known as electronically switchable glass, opens an array of possibilities for interior designers and architects to control UV radiation, light, and glare.

The use of smart glass is becoming considerably popular in premium smart homes of individuals from high-income groups. Auto thermal heating and cooling as per external weather changes is a preferred feature by most users. Hence, rise in smart glass installations in sunroofs for home balconies and bedroom windows is propelling the growth of the global market for smart homes.

Smart Home Market: Overview

  • The latest research report published by Transparency Market Research pertains to the global smart home market for the historical period 2016-2020, and forecast period 2021-2031
  • A smart home refers to a home, which has a smart home system that connects with the appliances to automate specific tasks and is typically remotely controlled. The user can use a smart home system to program the sprinklers, set and monitor the home security system and cameras, or control appliances such as the refrigerator or air conditioning and heating. Growing adoption of smart homes is expected to boost the market during the forecast period.
  • The smart home allows the user to have greater control of energy use, all while automating & adjusting temperature, turning on and off lights, opening and closing windows, and adjusting the sprinklers based on the weather
  • Smart homes offer insights into energy use that can help the user to become more energy-efficient and mindful of ecological factors. The smart home can pinpoint areas to the user where more energy than needed is being used, to cut back the usage in those areas and save money.

Smart Homes Help in Maximizing Home Security: Key Driver of Global Market

  • Home security is strengthened when a user incorporates security and surveillance features in the smart home network. For instance, home automation systems can connect motion detectors, surveillance cameras, automated door locks, and other tangible security measures throughout the home so the user can activate them from one mobile device before heading to bed. The user can also choose to receive security alerts on the various devices depending on the time of day an alert goes off, and monitor activities in real-time whether the user is in the house or halfway around the globe.
  • Smart home systems tend to be highly flexible when it comes to accommodation of new devices & appliances and other technologies. Moreover, the user can probably add to the suite of devices, as it replaces the older ones or discover new technology to look after the indoor and outdoor space. Being able to integrate these technologies seamlessly will make the job of a homeowner much easier, and allow the user to keep upgrading to the latest lifestyle technology.

Adoption of Smart Homes for Improved Appliance Functionality

  • Smart homes can also help a user to run appliances better. A smart TV will help to find better apps and channels to locate a favorite program. A smart oven can assist the user with cooking food to perfection -- without ever worrying about overcooking or undercooking it.
  • An intelligently designed home theater and audio system can make managing the movie and music collection effortless when entertaining guests. Ultimately, connecting appliances and other systems with automation technology improves appliance effectiveness and overall makes the user’s home life much easier and enjoyable. This is anticipated to drive the growth of the smart home market during the forecast period.

Smart Home Market: Competition Landscape

  • Detailed profiles of providers of smart homes have been provided in the market report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the global smart home market are
    • ABB Ltd.
    • Apple, Inc.
    • Assa Abloy AB
    • Control4 Corp
    • Emerson Electric Co.
    • Honeywell International Inc.
    • Johnson Controls PLC.
    • Loxone
    • Nest
    • Savant Systems LLC
    • Schneider Electric SE
    • Siemens AG

Smart Home Market: Key Developments

  • Key players in the smart home market, such as ABB Ltd., Schneider Electric SE, Apple, Inc., Johnson Controls PLC, and Siemens AG, are focusing on innovating smart home solutions for greater market share of the market
  • Additionally, players active in the smart home market are focusing on inorganic growth strategies such as strategic collaborations and merger & acquisition activities with technology partners to improve their offerings and market reach. Some other key developments in the global smart home market are highlighted below:
    • In March 2021, Emerson Electric Co., entered into a technological partnership with Ameren Missouri to offer sensi smart thermostats to customers to reduce energy use and cut cost
  • In the global smart home market report, we have discussed individual strategies, followed by company profiles of providers of smart home. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global smart home market.

Smart Home Market Snapshot

Attribute Details
Market Size Value in 2020 US$ 87.2 Bn
Market Forecast Value in 2031 US$ 767.3 Bn
Growth Rate 22.5%
Forecast Period 2021-2031
Market Analysis US$ Bn for Value
Key Market Segments Covered
  • Technology
    • Wired
    • Wireless
  • Product
    • Lighting Control
    • Security and Access Control
    • HVAC Control
    • Entertainment
    • Smart Appliance
    • Smart Speakers
    • Smart Kitchen
    • Others
Key Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America
Key Countries Covered
  • U.S
  • Canada
  • Mexico
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • China
  • India
  • Japan
  • ASEAN
  • Saudi Arabia
  • The United Arab Emirates
  • South Africa
  • Brazil
  • Argentina
Key Companies Profiled
  • ABB Ltd.
  • Schneider Electric SE
  • Apple, Inc.
  • Johnson Controls PLC
  • Siemens AG
Customization Scope Available upon Request
Pricing Available upon Request

Frequently Asked Questions

What is the Smart Home Market size?

Smart Home Market is projected to reach US$ 767.3 Bn by the end of 2031

What is the CAGR for Smart Home Market?

Smart Home Market is expected to grow at a CAGR of 22.5% during 2021-2031

What is the Study Period of Smart Home Market?

Smart Home Market is studied from 2021-2031

Who are the key players in the Smart Home Market?

Key vendors in the Smart Home Market are ABB Ltd., Apple, Inc., Assa Abloy AB, Control4 Corp, Emerson Electric Co., Honeywell International Inc., Johnson Controls PLC., Loxone, Nest, Savant Systems LLC, Schneider Electric SE, and Siemens AG.

Which Region Lead Smart Home Market?

North America region Takes Lead in the Smart Home Market

1. Preface

    1.1. Market Introduction

    1.2. Market Segmentation

    1.3. Key Research Objectives

2. Assumptions and Research Methodology

    2.1. Research Methodology

        2.1.1. List of Primary and Secondary Sources

    2.2. Key Assumptions for Data Modelling

3. Executive Summary: Global Smart Home Market

4. Market Overview

    4.1. Market Definition

    4.2. Technology/ Product Roadmap

    4.3. Market Factor Analysis

        4.3.1. Forecast Factors

        4.3.2. Ecosystem/ Value Chain Analysis

        4.3.3. Market Dynamics (Growth Influencers)

            4.3.3.1. Drivers

            4.3.3.2. Restraints

            4.3.3.3. Opportunities

            4.3.3.4. Impact Analysis of Drivers and Restraints

    4.4. COVID-19 Impact Analysis

        4.4.1. Impact of COVID-19 on the Smart Home Market

        4.4.2. End-user Sentiment Analysis: Comparative Analysis on Spending

            4.4.2.1. Increase in Spending

            4.4.2.2. Decrease in Spending

        4.4.3. Short Term and Long Term Impact on the Market

    4.5. Market Opportunity Assessment - by Region (North America/ Europe/ Asia Pacific/ Middle East & Africa/ South America)

        4.5.1. By Technology

        4.5.2. By Product

5. Global Smart Home Market Analysis and Forecast

    5.1. Market Revenue Analysis (US$ Bn), 2016-2031

        5.1.1. Historic Growth Trends, 2016-2020

        5.1.2. Forecast Trends, 2021-2031

    5.2. Pricing Model Analysis/ Price Trend Analysis

6. Global Smart Home Market Analysis, by Technology

    6.1. Overview and Definitions

    6.2. Key Segment Analysis

    6.3. Smart Home Market Size (US$ Bn) Forecast, by Technology, 2018-2031

        6.3.1. Wired

        6.3.2. Wireless

7. Global Smart Home Market Analysis, by Product

    7.1. Overview and Definitions

    7.2. Key Segment Analysis

    7.3. Smart Home Market Size (US$ Bn) Forecast, by Product, 2018-2031

        7.3.1. Lighting Control

        7.3.2. Security and Access Control

        7.3.3. HVAC Control

        7.3.4. Entertainment

        7.3.5. Smart Appliance

        7.3.6. Smart Speakers

        7.3.7. Smart Kitchen

        7.3.8. Others

8. Global Smart Home Market Analysis and Forecasts, by Region

    8.1. Key Findings

    8.2. Market Size (US$ Bn) Forecast by Region, 2018-2031

        8.2.1. North America

        8.2.2. Europe

        8.2.3. Asia Pacific

        8.2.4. Middle East & Africa

        8.2.5. South America

9. North America Smart Home Market Analysis and Forecast

    9.1. Regional Outlook

    9.2. Smart Home Market Size (US$ Bn) Analysis and Forecast (2018-2031)

        9.2.1. By Technology

        9.2.2. By Product

    9.3. Smart Home Market Size (US$ Bn) Forecast, by Country, 2018-2031

        9.3.1. U.S.

        9.3.2. Canada

        9.3.3. Mexico

10. Europe Smart Home Market Analysis and Forecast

    10.1. Regional Outlook

    10.2. Smart Home Market Size (US$ Bn) Analysis and Forecast (2018-2031)

        10.2.1. By Technology

        10.2.2. By Product

    10.3. Smart Home Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018-2031

        10.3.1. Germany

        10.3.2. UK

        10.3.3. France

        10.3.4. Italy

        10.3.5. Spain

        10.3.6. Rest of Europe

11. Asia Pacific Smart Home Market Analysis and Forecast

    11.1. Regional Outlook

    11.2. Smart Home Market Size (US$ Bn) Analysis and Forecast (2018-2031)

        11.2.1. By Technology

        11.2.2. By Product

    11.3. Smart Home Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018-2031

        11.3.1. China

        11.3.2. India

        11.3.3. Japan

        11.3.4. ASEAN

        11.3.5. Rest of Asia Pacific

12. Middle East & Africa Smart Home Market Analysis and Forecast

    12.1. Regional Outlook

    12.2. Smart Home Market Size (US$ Bn) Analysis and Forecast (2018-2031)

        12.2.1. By Technology

        12.2.2. By Product

    12.3. Smart Home Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018-2031

        12.3.1. Saudi Arabia

        12.3.2. The United Arab Emirates

        12.3.3. South Africa

        12.3.4. Rest of Middle East & Africa

13. South America Smart Home Market Analysis and Forecast

    13.1. Regional Outlook

    13.2. Smart Home Market Size (US$ Bn) Analysis and Forecast (2018-2031)

        13.2.1. By Technology

        13.2.2. By Product

    13.3. Smart home Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018-2031

        13.3.1. Brazil

        13.3.2. Argentina

        13.3.3. Rest of South America

14. Competition Landscape

    14.1. Market Competition Matrix, by Leading Players

    14.2. Market Revenue Share Analysis (%), by Leading Players (2020)

    14.3. Competitive Scenario

        14.3.1. List of Emerging, Prominent, and Leading Players

        14.3.2. Major Mergers & Acquisitions, Expansions, Partnership, Contacts, Deals, etc.

15. Company Profiles

    15.1. ABB Ltd.

        15.1.1. Business Overview

        15.1.2. Company Revenue

        15.1.3. Product Portfolio

        15.1.4. Geographic Footprint

        15.1.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.2. Apple, Inc.

        15.2.1. Business Overview

        15.2.2. Company Revenue

        15.2.3. Product Portfolio

        15.2.4. Geographic Footprint

        15.2.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.3. ASSA ABLOY AB

        15.3.1. Business Overview

        15.3.2. Company Revenue

        15.3.3. Product Portfolio

        15.3.4. Geographic Footprint

        15.3.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.4. Control4 Corp

        15.4.1. Business Overview

        15.4.2. Company Revenue

        15.4.3. Product Portfolio

        15.4.4. Geographic Footprint

        15.4.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.5. Emerson Electric Co.

        15.5.1. Business Overview

        15.5.2. Company Revenue

        15.5.3. Product Portfolio

        15.5.4. Geographic Footprint

        15.5.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.6. Honeywell International Inc.

        15.6.1. Business Overview

        15.6.2. Company Revenue

        15.6.3. Product Portfolio

        15.6.4. Geographic Footprint

        15.6.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.7. Johnson Controls PLC.

        15.7.1. Business Overview

        15.7.2. Company Revenue

        15.7.3. Product Portfolio

        15.7.4. Geographic Footprint

        15.7.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.8. Loxone

        15.8.1. Business Overview

        15.8.2. Company Revenue

        15.8.3. Product Portfolio

        15.8.4. Geographic Footprint

        15.8.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.9. Nest

        15.9.1. Business Overview

        15.9.2. Company Revenue

        15.9.3. Product Portfolio

        15.9.4. Geographic Footprint

        15.9.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.10. Savant Systems LLC

        15.10.1. Business Overview

        15.10.2. Company Revenue

        15.10.3. Product Portfolio

        15.10.4. Geographic Footprint

        15.10.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.11. Schneider Electric SE

        15.11.1. Business Overview

        15.11.2. Company Revenue

        15.11.3. Product Portfolio

        15.11.4. Geographic Footprint

        15.11.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.12. Siemens AG

        15.12.1. Business Overview

        15.12.2. Company Revenue

        15.12.3. Product Portfolio

        15.12.4. Geographic Footprint

        15.12.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

    15.13. Others

16. Key Takeaways

List of Tables

Table 1: Acronyms Used in the Smart Home Market

Table 2: North America Smart Home Market Revenue Analysis, by Country, 2021-2031 (US$ Bn)

Table 3: Europe Smart Home Market Revenue Analysis, by Country, 2021-2031 (US$ Bn)

Table 4: Asia Pacific Smart Home Market Revenue Analysis, by Country, 2021-2031 (US$ Bn)

Table 5: Middle East & Africa Smart Home Market Revenue Analysis, by Country, 2021 and 2031 (US$ Bn)

Table 6: South America Smart Home Market Revenue Analysis, by Country, 2021-2031 (US$ Bn)

Table 7: Forecast Factors: Relevance and Impact

Table 8: Impact Analysis of Drivers & Restraints

Table 9: Mergers & Acquisitions, Partnerships (1/2)

Table 10: Mergers & Acquisitions, Partnership (2/2)

Table 11: Global Smart Home Market Value (US$ Bn) Forecast, by Technologies, 2018-2031

Table 12: Global Smart Home Market Value (US$ Bn) Forecast, by Product, 2018-2031

Table 13: Global Smart Home Market Volume (US$ Bn) Forecast, by Region, 2018-2031

Table 14: North America Smart Home Market Value (US$ Bn) Forecast, by Technologies, 2018-2031

Table 15: North America Smart Home Market Value (US$ Bn) Forecast, by Product, 2018-2031

Table 16: North America Smart Home Market Value (US$ Bn) Forecast, by Country, 2018-2031

Table 17: U.S. Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 18: Canada Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 19: Mexico Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 20: Europe Smart Home Market Value (US$ Bn) Forecast, by Technologies, 2018-2031

Table 21: Europe Smart Home Market Value (US$ Bn) Forecast, by Product, 2018-2031

Table 22: Europe Smart Home Market Value (US$ Bn) Forecast, by Country, 2018-2031

Table 23: Germany Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 24: U.K. Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 25: France Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 26: Spain Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 27: Asia Pacific Smart Home Market Value (US$ Bn) Forecast, by Technologies, 2018-2031

Table 28: Asia Pacific Smart Home Market Value (US$ Bn) Forecast, by Product, 2018-2031

Table 29: Asia Pacific Smart Home Market Value (US$ Bn) Forecast, by Country, 2018-2031

Table 30: China Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 31: India Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 32: Japan Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 33: ASEAN Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 34: Middle East & Africa Smart Home Market Value (US$ Bn) Forecast, by Technologies, 2018-2031

Table 35: Middle East & Africa Smart Home Market Value (US$ Bn) Forecast, by Product, 2018-2031

Table 36: Middle East & Africa Smart Home Market Value (US$ Bn) Forecast, by Country, 2018-2031

Table 37: Saudi Arabia Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 38: The United Arab Emirates Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 39: South Africa Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 40: South America Smart Home Market Value (US$ Bn) Forecast, by Technologies, 2018-2031

Table 41: South America Smart Home Market Value (US$ Bn) Forecast, by Product, 2018-2031

Table 42: South America Smart Home Market Value (US$ Bn) Forecast, by Country, 2018-2031

Table 43: Brazil Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

Table 44: Argentina Smart Home Market Revenue CAGR Breakdown (%), by Growth Term

List of Figures

Figure 1: Global Smart Home Market Size (US$ Bn) Forecast, 2018-2031

Figure 2: Global Smart Home Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2021E

Figure 3: Top Segment Analysis of the Smart Home Market

Figure 4: Global Smart Home Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2031F

Figure 5: Performance of Key Global Smart Home Players During COVID-19

Figure 6: Global Smart Home Market Attractiveness Assessment, by Technologies

Figure 7: Global Smart Home Market Attractiveness Assessment, by Product

Figure 8: Global Smart Home Market Attractiveness Assessment, by Region

Figure 9: Global Smart Home Market Revenue (US$ Bn) Historic Trends, 2016-2020

Figure 10: Global Smart Home Market Revenue Opportunity (US$ Bn) Historic Trends, 2016-2020

Figure 11: Global Smart Home Market Value Share Analysis, by Technologies, 2021

Figure 12: Global Smart Home Market Value Share Analysis, by Technologies, 2031

Figure 13: Global Smart Home Market Absolute Opportunity (US$ Bn), by Wired, 2021-2031

Figure 14: Global Smart Home Market Absolute Opportunity (US$ Bn), by Wireless, 2021-2031

Figure 15: Global Smart Home Market Value Share Analysis, by Product, 2021

Figure 16: Global Smart Home Market Value Share Analysis, by Product, 2031

Figure 17: Global Smart Home Market Absolute Opportunity (US$ Bn), by Lighting Control, 2021-2031

Figure 18: Global Smart Home Market Absolute Opportunity (US$ Bn), by Security and Access Control, 2021-2031

Figure 19: Global Smart Home Market Absolute Opportunity (US$ Bn), by HVAC Control, 2021-2031

Figure 20: Global Smart Home Market Absolute Opportunity (US$ Bn), by Entertainment, 2021-2031

Figure 21: Global Smart Home Market Absolute Opportunity (US$ Bn), by Smart Appliance, 2021-2031

Figure 22: Global Smart Home Market Absolute Opportunity (US$ Bn), by Smart Speakers, 2021-2031

Figure 23: Global Smart Home Market Absolute Opportunity (US$ Bn), by Smart Kitchen, 2021-2031

Figure 24: Global Smart Home Market Absolute Opportunity (US$ Bn), by Others, 2021-2031

Figure 25: Global Smart Home Market Opportunity (US$ Bn), by Region

Figure 26: Global Smart Home Market Opportunity Share (%), by Region, 2021-2031

Figure 27: Global Smart Home Market Size (US$ Bn), by Region, 2021 & 2031

Figure 28: Global Smart Home Market Value Share Analysis, by Region, 2021

Figure 29: Global Smart Home Market Value Share Analysis, by Region, 2031

Figure 30: North America Smart Home Market Absolute Opportunity (US$ Bn), 2021-2031

Figure 31: Europe Smart Home Market Absolute Opportunity (US$ Bn), 2021-2031

Figure 32: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), 2021-2031

Figure 33: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), 2021-2031

Figure 34: South America Smart Home Market Absolute Opportunity (US$ Bn), 2021-2031

Figure 35: North America Smart Home Revenue Opportunity Share, by Technologies

Figure 36: North America Smart Home Revenue Opportunity Share, by Product

Figure 37: North America Smart Home Revenue Opportunity Share, by Country

Figure 38: North America Smart Home Market Value Share Analysis, by Technologies, 2021

Figure 39: North America Smart Home Market Value Share Analysis, by Technologies, 2031

Figure 40: North America Smart Home Market Absolute Opportunity (US$ Bn), by Wired, 2021-2031

Figure 41: North America Smart Home Market Absolute Opportunity (US$ Bn), by Wireless, 2021-2031

Figure 42: North America Smart Home Market Value Share Analysis, by Product, 2021

Figure 43: North America Smart Home Market Value Share Analysis, by Product, 2031

Figure 44: North America Smart Home Market Absolute Opportunity (US$ Bn), by Lighting Control, 2021-2031

Figure 45: North America Smart Home Market Absolute Opportunity (US$ Bn), by Security and Access Control, 2021-2031

Figure 46: North America Smart Home Market Absolute Opportunity (US$ Bn), by HVAC Control, 2021-2031

Figure 47: North America Smart Home Market Absolute Opportunity (US$ Bn), by Entertainment, 2021-2031

Figure 48: North America Smart Home Market Absolute Opportunity (US$ Bn), by Smart Appliance, 2021-2031

Figure 49: North America Smart Home Market Absolute Opportunity (US$ Bn), by Smart Speakers, 2021-2031

Figure 50: North America Smart Home Market Absolute Opportunity (US$ Bn), by Smart Kitchen, 2021-2031

Figure 51: North America Smart Home Market Absolute Opportunity (US$ Bn), by Others, 2021-2031

Figure 52: North America Smart Home Market Value Share Analysis, by Country, 2021

Figure 53: North America Smart Home Market Value Share Analysis, by Country, 2031

Figure 54: U.S. Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 55: Canada Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 56: Mexico Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 57: Europe Smart Home Revenue Opportunity Share, by Technologies

Figure 58: Europe Smart Home Revenue Opportunity Share, by Product

Figure 59: Europe Smart Home Revenue Opportunity Share, by Country

Figure 60: Europe Smart Home Market Value Share Analysis, by Technologies, 2021

Figure 61: Europe Smart Home Market Value Share Analysis, by Technologies, 2031

Figure 62: Europe Smart Home Market Absolute Opportunity (US$ Bn), by Wired, 2021-2031

Figure 63: Europe Smart Home Market Absolute Opportunity (US$ Bn), by Wireless, 2021-2031

Figure 64: Europe Smart Home Market Value Share Analysis, by Product, 2021

Figure 65: Europe Smart Home Market Value Share Analysis, by Product, 2031

Figure 66: Europe Smart Home Market Absolute Opportunity (US$ Bn), by Lighting Control, 2021-2031

Figure 67: Europe Smart Home Market Absolute Opportunity (US$ Bn), by Security and Access Control, 2021-2031

Figure 68: Europe Smart Home Market Absolute Opportunity (US$ Bn), by HVAC Control, 2021-2031

Figure 69: Europe Smart Home Market Absolute Opportunity (US$ Bn), by Entertainment, 2021-2031

Figure 70: Europe Smart Home Market Absolute Opportunity (US$ Bn), by Smart Appliance, 2021-2031

Figure 71: Europe Smart Home Market Absolute Opportunity (US$ Bn), by Smart Speakers, 2021-2031

Figure 72: Europe Smart Home Market Absolute Opportunity (US$ Bn), by Smart Kitchen, 2021-2031

Figure 73: Europe Smart Home Market Absolute Opportunity (US$ Bn), by Others, 2021-2031

Figure 74: Europe Smart Home Market Value Share Analysis, by Country, 2021

Figure 75: Europe Smart Home Market Value Share Analysis, by Country, 2031

Figure 76: Germany Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 77: U.K. Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 78: France Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 79: Spain Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 80: Asia Pacific Smart Home Revenue Opportunity Share, by Technologies

Figure 81: Asia Pacific Smart Home Revenue Opportunity Share, by Product

Figure 82: Asia Pacific Smart Home Revenue Opportunity Share, by Country

Figure 83: Asia Pacific Smart Home Market Value Share Analysis, by Technologies, 2021

Figure 84: Asia Pacific Smart Home Market Value Share Analysis, by Technologies, 2031

Figure 85: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by Wired, 2021-2031

Figure 86: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by Wireless, 2021-2031

Figure 87: Asia Pacific Smart Home Market Value Share Analysis, by Product, 2021

Figure 88: Asia Pacific Smart Home Market Value Share Analysis, by Product, 2031

Figure 89: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by Lighting Control, 2021-2031

Figure 90: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by Security and Access Control, 2021-2031

Figure 91: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by HVAC Control, 2021-2031

Figure 92: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by Entertainment, 2021-2031

Figure 93: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by Smart Appliance, 2021-2031

Figure 94: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by Smart Speakers, 2021-2031

Figure 95: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by Smart Kitchen, 2021-2031

Figure 96: Asia Pacific Smart Home Market Absolute Opportunity (US$ Bn), by Others, 2021-2031

Figure 97: Asia Pacific Smart Home Market Value Share Analysis, by Country, 2021

Figure 98: Asia Pacific Smart Home Market Value Share Analysis, by Country, 2031

Figure 99: China Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 100: India Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 101: Japan Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 102: ASEAN Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 103: Middle East & Africa Smart Home Revenue Opportunity Share, by Technologies

Figure 104: Middle East & Africa Smart Home Revenue Opportunity Share, by End Use

Figure 105: Middle East & Africa Smart Home Revenue Opportunity Share, by Country

Figure 106: Middle East & Africa Smart Home Market Value Share Analysis, by Technologies, 2021

Figure 107: Middle East & Africa Smart Home Market Value Share Analysis, by Technologies, 2031

Figure 108: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by Wired, 2021-2031

Figure 109: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by Wireless, 2021-2031

Figure 110: Middle East & Africa Smart Home Market Value Share Analysis, by Product, 2021

Figure 111: Middle East & Africa Smart Home Market Value Share Analysis, by Product, 2031

Figure 112: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by Lighting Control, 2021-2031

Figure 113: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by Security and Access Control, 2021-2031

Figure 114: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by HVAC Control, 2021-2031

Figure 115: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by Entertainment, 2021-2031

Figure 116: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by Smart Appliance, 2021-2031

Figure 117: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by Smart Speakers, 2021-2031

Figure 118: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by Smart Kitchen, 2021-2031

Figure 119: Middle East & Africa Smart Home Market Absolute Opportunity (US$ Bn), by Others, 2021-2031

Figure 120: Middle East & Africa Smart Home Market Value Share Analysis, by Country, 2021

Figure 121: Middle East & Africa Smart Home Market Value Share Analysis, by Country, 2031

Figure 122: Saudi Arabia Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 123: The United Arab Emirates Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 124: South Africa Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 125: South America Smart Home Revenue Opportunity Share, by Technologies

Figure 126: South America Smart Home Revenue Opportunity Share, by End Use

Figure 127: South America Smart Home Revenue Opportunity Share, by Country

Figure 128: South America Smart Home Market Value Share Analysis, by Technologies, 2021

Figure 129: South America Smart Home Market Value Share Analysis, by Technologies, 2031

Figure 130: South America Smart Home Market Absolute Opportunity (US$ Bn), by Wired, 2021-2031

Figure 131: South America Smart Home Market Absolute Opportunity (US$ Bn), by Wireless, 2021-2031

Figure 132: South America Smart Home Market Value Share Analysis, by Product, 2021

Figure 133: South America Smart Home Market Value Share Analysis, by Product, 2031

Figure 134: South America Smart Home Market Absolute Opportunity (US$ Bn), by Lighting Control, 2021-2031

Figure 135: South America Smart Home Market Absolute Opportunity (US$ Bn), by Security and Access Control, 2021-2031

Figure 136: South America Smart Home Market Absolute Opportunity (US$ Bn), by HVAC Control, 2021-2031

Figure 137: South America Smart Home Market Absolute Opportunity (US$ Bn), by Entertainment, 2021-2031

Figure 138: South America Smart Home Market Absolute Opportunity (US$ Bn), by Smart Appliance, 2021-2031

Figure 139: South America Smart Home Market Absolute Opportunity (US$ Bn), by Smart Speakers, 2021-2031

Figure 140: South America Smart Home Market Absolute Opportunity (US$ Bn), by Smart Kitchen, 2021-2031

Figure 141: South America Smart Home Market Absolute Opportunity (US$ Bn), by Others, 2021-2031

Figure 142: South America Smart Home Market Value Share Analysis, by Country, 2021

Figure 143: South America Smart Home Market Value Share Analysis, by Country, 2031

Figure 144: Brazil Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

Figure 145: Argentina Smart Home Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021-2031

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