DUBLIN--(BUSINESS WIRE)--The "Global Smart Homes Market - Segmented by Product Type (Security & Surveillance Systems, Lighting Systems, HVAC&R Controls) and Region - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
In 2017, the global smart Home market was valued at USD 39.68 billion and is expected to reach a value of USD 159.68 billion by 2023, registering a CAGR of 25.3% during 2018-2023.
The threat of climate change, fluctuating energy prices and energy security and supply concerns have necessitated new ways of producing, delivering and consuming energy. In this regard, smart homes have gained increased attention in both policies and government regulations across the globe.
Key Highlights
- Europe to Witness the Fastest Growth for Smart Homes
- Energy Management Systems to Witness an Increased Adoption
- Growing Trend Toward Sustainability
- Partnerships and Collaborations in Smart Homes Market
Developments in the Market
- GRDF Company, launched the world's largest roll-out of smart gas meters, powered by Oracle technology.
- Bell, Canada's largest communications company announced the availability of its new Whole Home Wi-Fi service.
- Mitsubishi announced the development of an autonomous platform that enables networked smart appliances to use their sensors and functionalities to cooperate in new home services without the need for cloud computing or internet connection.
Topics Covered
1. Introduction
2. Research Methodology
3. Smart Homes Market Analysis
4. Market Dynamics
5. Technology Snapshot
6. Smart Homes Market Segmentation
7. Smart Homes Market Competitive Intelligence
8. Investment Analysis in Smart Homes Market
9. Smart Homes Market Future
Companies Profiled
- ABB Ltd.
- Emerson Electric Corporation
- Honeywell International Inc.
- Schneider Electric SE
- Siemens AG
- LG Electronics Inc.
- Cisco Systems Inc.
- Google Inc.
- Microsoft Corporation
- General Electric Company
- IBM Corporation
- Legrand SA
- Lutron Electronics Co. Inc.
- United Technologies Corporation
- Smart Home Inc.
- Control4 Corporation
For more information about this report visit https://www.researchandmarkets.com/research/jzrtkb/global_smart?w=4