Global Smart Homes Market 2021 - brochure

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

Global Smart Homes Market By Application, By Technology, By Region, Competit ion

Forecast and Opportunities , 2011 – 2021

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

P r o d u c t O v e r v i e w

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© TechSci Research

Homes are equipped with multiple devices such as television, audio systems, refrigerators, electronic meter,

etc., and these devices work as a standalone equipment with limited connectivity with other devices or internet.

Smart homes, on the other hand, is an extension to this concept as the equipment are enabled with advanced

Information and Communications Technology (ICT) features.

In a smart home, the owner can easily monitor and control wide range of applications such as lighting control,

access control, fire detection, leak detection, energy efficiency, temperature monitoring, Heating, Ventilation

and Air Conditioning (HVAC) control, automated meter reading, family care, etc. from anywhere in the world

through his/her smartphones or internet.

The installation of smart products in a home provides various benefits which results in savings of time, money

and energy. Moreover, home automation technologies used in smart homes provide intelligent feedback and

information to the owner. For instance, a smart home is capable of watering the plants, feeding the cat, etc.

With increasing burglary cases, consumers are inclining towards smart homes, which include advanced security

systems with cameras, motion sensors and a link to the local police station or a private security company.

Smart homes also use key cards or fingerprint identification in place of conventional locks, making it harder for

someone to break in. However, high initial installation cost, IT security issues and lack of standardization are

some of the major factors restraining the demand for smart homes all across the world.

In Europe, Installation Bus is used as a recognised smart home technology protocol for digital communication

between smart devices.

T a b l e o f C o n t e n t s

S No. Contents

1. Research Methodology

2. Product Overview

3. Analyst View

4. Global Smart Homes Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1.By Application (Energy Management Systems, Security & Access Control Systems, HVAC Control Systems, Entertainment Control Systems and Others)

4.2.2.By Technology (Wireless Communication Technology, Cellular Network Technologies and Protocols & Standards)

4.2.3. By Region (North America, Europe, Asia-Pacific, Middle East & Africa & South America)

4.2.4. By Company

5. North America Smart Homes Market Outlook


5.1.1. By Value



5.2.2. By Country

5.2.2.1. United States Smart Homes Market Outlook

5.2.2.1.1. Market Size & Forecast

5.2.2.1.1.1. By Value

5.2.2.1.2. Market Share & Forecast3

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5.2.2.1.2.1.

By Application (Energy Management Systems, Security & Access Control Systems, HVAC Control Systems, Entertainment Control Systems and Others)

5.2.2.2. Canada Smart Homes Market Outlook


5.2.2.2.1.1 By Value

5.2.2.2.2. Market Share & Forecast

5.2.2.2.2.1.


5.2.2.3. Mexico Smart Homes Market Outlook


5.2.2.3.1.1. By Value


5.2.2.3.2.1.


6. Europe Smart Homes Market Outlook


6.1.1. By Value


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6.2.2. By Country

6.2.2.1. United Kingdom Smart Homes Market Outlook


6.2.2.1.1.1. By Value


6.2.2.1.2.1.By Application (Energy Management Systems, Security & Access Control Systems, HVAC Control Systems, Entertainment Control Systems and Others)

6.2.2.2. Germany Smart Homes Market Outlook


6.2.2.2.1.1. By Value


6.2.2.2.2.1.By Application (Energy Management Systems, Security & Access Control Systems, HVAC Control Systems, Entertainment Control Systems and Others)

6.2.2.3. France Smart Homes Market Outlook


6.2.2.3.1.1. By Value


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6.2.2.3.2.1.


7. Asia Pacific Smart Homes Market Outlook


7.1.1. By Value



7.2.2. By Country

7.2.2.1. China Smart Homes Market Outlook


7.2.2.1.1.1. By Value


7.2.2.1.2.1.


7.2.2.2. Japan Smart Homes Market Outlook


7.2.2.2.1.1. By Value


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7.2.2.2.2.1.


7.2.2.3. India Smart Homes Market Outlook


7.2.2.3.1.1. By Value


7.2.2.3.2.1.


8. Middle East & Africa Smart Homes Market Outlook


8.1.1. By Value



8.2.2. By Country

8.2.2.1. UAE Smart Homes Market Outlook


8.2.2.1.1.1. By Value

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8.2.2.1.2.1.


8.2.2.2. Saudi Arabia Smart Homes Market Outlook


8.2.2.2.1.1. By Value


8.2.2.2.2.1.


8.2.2.3. South Africa Smart Homes Market Outlook


8.2.2.3.1.1. By Value


8.2.2.3.2.1.


9. South America Smart Homes Market Outlook


9.1.1. By Value


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9.2.2. By Country

9.2.2.1. Brazil Smart Homes Market Outlook


9.2.2.1.1.1. By Value


9.2.2.1.2.1.


9.2.2.2. Argentina Smart Homes Market Outlook


9.2.2.2.1.1. By Value


9.2.2.2.2.1.


9.2.2.3. Colombia Smart Homes Market Outlook


9.2.2.3.1.1. By Value


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S No. Contents

9.2.2.3.2.1.


10. Global Smart Homes Market Attractiveness Index

10.1. By Region

10.2. By Technology

10.3. By Application

11. Market Dynamics

11.1. Impact Analysis

11.2. Drivers

11.3. Challenges

12. Market Trends and Developments

12.1. Growing Concept of Internet of Things (IoT)

12.2. Increasing Trend of Connecting Cars to Smart Homes

12.3. Growth in Machine-to-Machine (M2M) Communication

12.4. Booming Wearable Devices Market

12.5. Expanding Cloud-based Services

12.6. Rising Gesture Control Technology Market

12.7. Increasing Number of Smart Cities

12.8. Growing Data Analytics in Smart Homes

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13. Competitive Landscape

13.1. ABB Ltd.

13.2. Siemens AG

13.3. Schneider Electric SE

13.4. Honeywell International Inc.

13.5. Control4 Corporation

13.6. Infineon Technologies AG

13.7. Tyco International PLC

13.8. Emerson Electric Co.

13.9. Samsung Electronics Co. Ltd.

13.10. Google Inc.

13.11. Apple Inc.

13.12. Ingersoll-Rand plc

13.13. Legrand SA

13.14. Icontrol Networks Inc.

13.15. Crestron Electronics Inc.

13.16. HomeSeer Technologies LLC

13.17. Vera Control Ltd.

13.18. Loxone Electronics GmbH

13.19. Lutron Electronics Co. Inc.

13.20. Insteon

14. Strategic Recommendations

15. About Us & Disclaimer

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R e s e a r c h M e t h o d o l o g y

© TechSci Research

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Baseline Methodology

Our dedicated team of industry experts has comprehensively monitored and analyzed various aspects of global

smart homes market. The team has analyzed various industry segments and speculated a positive future for the

industry. Taking into consideration growing technological developments, rising energy concerns, emergence of

real time monitoring devices, increasing cloud computing market, rising internet and smart phone users,

growing capital investments, etc., our team of analysts has provided a prudent analysis of the industry’s

performance in the future. This would enable our clients in planning their investment decisions and explore

growth opportunities in Global smart homes market.

For our study, we have gathered information through primary research surveys with multiple respondents in

around various companies engaged in providing the smart home products and services globally, followed by an

exhaustive search of credible paid databases. Our team of experts has then prudently evaluated all the collected

information and organized it in a chronological order to depict a meaningful and clear picture of the market.

In addition, while compiling the data, we have also validated all the collected information from multiple sources

and data warehouses, in order to present the most accurate and precise information of the concerned industry.

We have also identified and analyzed all emerging trends, including important drivers and challenges that the

industry is confronting. We have also presented industry forecasts based on our in-depth analysis of the market

dynamics, prevalent trends, major developments and growth opportunities.

Companies InterviewedLoxone Electronics, Control4 Corporation, Honeywell Ltd., Vera Control, ABBLimited, Lutron Electronics, Schneider Electric

SourcesPress Releases, Company Annual Reports & Corporate Presentations, BusinessWeek, Factiva, News Article, Global Construction Perspectives and OxfordEconomics, Worldometers, etc.

I n d u s t r y B r i e f

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Smart Homes Market to Cross $ 60 Billion by 2021

Growing energy concerns, growth in adoption of smart devices and rising demand for real time security to drive globalsmart homes market through 2021

According to recently released TechSci Research report, “Global Smart Homes Market By Application, By Technology,By Region, Competition Forecast and Opportunities, 2011 – 2021”, the global market of smart homes is projected tocross $ 60 billion by 2021, on account of increasing energy concerns, surging demand for real time home security andgrowing technological advancements. Moreover, increasing demand for energy efficient systems and solutions, coupledwith growing adoption of smart devices are anticipated to boost the global smart homes market during 2016 – 2021. In2015, global consumer electronics market generated revenues of around $ 438 billion, which are further expected tocross $503 billion by the end of 2016. Backed by expanding consumer electronics market, the global market of smarthomes is anticipated to register healthy growth rate during forecast period.

In 2015, North America dominated the global smart homes market, and the region is expected to maintain itsdominance over the next five years as well. In North America, the United States was the largest smart homes market in2015 on account of booming M2M communication market and increasing smartphone users, which is expected toincrease from 187.05 million in 2015 to 203.75 million by the end of 2016. According to the US Federal Bureau ofInvestigation report, around 8,277,829 property crime offenses were registered in the United States in 2014. Withincreasing rate of property crime offenses, demand for smart homes in the country is anticipated to increase at a robustpace over the next five years.

“In 2015, there were more than 7 million cases of stolen motor vehicles across the world. In addition to vehicle thefts,with increasing burglary cases, consumers are increasingly inclining towards smart homes, which include advancedsecurity systems with cameras, motion sensors and a link to the local police station or a private security company. Smarthomes also use key cards or fingerprint identification in place of conventional locks, making it harder for someone tobreak in. However, high initial installation cost, IT security issues and lack of standardization are some of the majorfactors restraining demand for smart home solutions across the world.”, said Mr. Karan Chechi, Research Director withTechSci Research, a research based global management consulting firm.

http://www.techsciresearch.com/report/global-smart-homes-market-by-application-energy-management-systems-security-access-control-systems-etc-by-technology-wireless-communication-technology-etc-by-region-competition-forecast-and-opportunities-2011-2021/648.html

S a m p l e D a t a - S n a p s h o t

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Global Smart Homes Market Size, By

Value, 2011-2021F (USD Billion)

1 2 3 4 57 8 9 10 11 12

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Global Smart Homes Market Share, By Application, By Value, 2011–2021F

10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15%

20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Others* Entertainment Control Systems

HVAC Control Systems Security & Access Control Systems

Energy Management Systems

Global Smart Homes Market Share, By

Company, By Value, 2015 & 2021F

ABB Ltd.,…

Siemens AG,

20.00%Schneid

er Electric,20.00%

Honeywell Internati…

Control4 Corpora…

Others*,…

2015ABB

Ltd.,…

Siemens AG,

20.00%

Schneider Electric,20.00%

Honeywell International

Inc.,…

Control4 Corporati

on,10.00%

Others*,10.00%

2021F

Global Air Conditioners Market Size, By Value (USD

Billion), By Volume (Million Units), 2010-2020F

25 50 75 100 125 150 175 200 225 250 275

50 100 150 200 250 300 350 400450 500 550

2010 2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F

Value (USD Billion) Volume (Million Units)

10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%

15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15%

20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Energy Management Systems Security & Access Control SystemsHVAC Control Systems Entertainment Control Systems

North America Smart Homes Market Share, By

Application, By Value, 2011–2021F

North America Smart Homes Market Size, By

Value, 2011-2021F (USD Billion)

1 2 3 4 57 8 9 10 11 12

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

South America Smartphones Users, 2014-2019F (Billion)

0.100.12

0.140.16 0.18 0.20

2014 2015 2016E 2017F 2018F 2019F

R e p o r t O r d e r i n g

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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from varioussources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness ofany information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially statesthat it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internalconsumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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