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Global Smart Home Market
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Smart Home Market – Global Trends, Industry and Forecast to 2025 Global Smart Home Market By Application ( Lighting Control , Security and Access Control , HVAC Control, Entertainment and Other Controls, Home Healthcare, Smart Kitchen, Home Appliances ), By Software & Service (Behavioural, Proactive), By Geography(North America , Europe ,Asia Pacific, South America, Middle East & Africa)– Industry Trends and Forecast to 2025 The global smart home market is expected to reach USD 55.7 billion by 2025, from USD 25.3 billion in 2017 growing at a CAGR of 16.8% during the forecast period of 2018 to 2025. 1 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Market Drivers and Restraints: • Increasing demand for energy-efficient lighting solutions Crime leads to force home owners to increase security Ease of using HVAC systems Increasing alertness about health and disposable incomes in developing economies Lack of alertness about the benefits of lighting controls Interoperability and standardization are the major problem for HVAC systems • • • • • 2 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Market Segmentation On the basis of application, the global smart home market is classified into lighting control, security and access control, HVAC control, entertainment and other controls, home healthcare, smart kitchen and home appliances. On the basis of software & service, the global smart home market is segmented into Behavioural and Proactive. • • 3 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Regional Analysis Based on geography, the market is segmented into five geographical regions North America Europe Asia-Pacific South America Middle East Africa Browse Full Report and Details TOC : https://databridgemarketresearch.com/reports/global- smart-home-market/ 4 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Competitive Analysis: The global smart home market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart home market for global, Europe, North America, Asia Pacific and South America. Request Sample Report : https://databridgemarketresearch.com/request-a- sample/?dbmr=global-smart-home-market 5 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Major Key Players Some of the major players operating in this market are : Ingersoll-Rand plc Johnson Controls ABB, Legrand. SAMSUNG Acuity Brands Lighting, Inc. Lutron Electronics Co., Inc Leviton Manufacturing Co., Inc. Vivint, Inc. Sleep Number Corporation Switchmate Home LLC Inquire Before Buying : https://databridgemarketresearch.com/inquire-before- buying/?dbmr=global-smart-home-market 6 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
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