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Home Automation Market: Global Industry Report 2019

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The global home automation market size is anticipated to reach USD 46.22 billion by 2025 owing to the growing popularity of Internet of Things (IoT) and rapid adoption of smartphones and other gadgets. – PowerPoint PPT presentation

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Title: Home Automation Market: Global Industry Report 2019


1
Global Home Automation Market Size
  • by Type Custom automation (luxury) systems,
    Mainstream automation systems, DIY
    (Do-It-Yourself) automation systems and Managed
    home automation services, by Application
    (Lighting, Safety and security, HVAC,
    Entertainment, Energy management and others), by
    Technology (Wired systems, Power-line systems,
    Computing networks and Wireless systems), by
    Region (North America, Europe, Asia Pacific,
    Central South America and Middle-East Africa)
    and Forecast 2018 to 2025

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2
Global Home Automation Market Revenue Forecast to
Exceed USD 46 Billion by 2025
  • Adroit Market Research published a study titled,
    Global Home Automation Market Size 2017 by Type
    Custom automation (luxury) systems, Mainstream
    automation systems, DIY (Do-It-Yourself)
    automation systems and Managed home automation
    services, by Application (Lighting, Safety and
    security, HVAC, Entertainment, Energy management
    and Others), by Technology (Wired systems,
    Power-line systems, Computing networks and
    Wireless systems), by Region (North America,
    Europe, Asia Pacific, Central South America and
    Middle-East Africa) and Forecast 2018 to 2025.
  • The study covers the global home automation
    market revenue for a period ranging from 2015 to
    2025, in which, 2015 to 2017 indicate the actual
    annual revenue and the forecast revenue is from
    2018 to 2025. The global home automation market
    report also includes qualitative insights such as
    the value chain analysis, drivers, restraints,
    PESTLE analysis, regulatory framework, and
    Porters five forces analysis. The global home
    automation market 2018 gives a complete view
    encompassing consumption, import and export for
    key regions and countries.
  • The global home automation market size is
    anticipated to reach USD 46.22 billion by 2025
    owing to the growing popularity of Internet of
    Things (IoT) and rapid adoption of smartphones
    and other gadgets. Upcoming wireless technologies
    such as 5G, Bluetooth, ZigBee, Z-Wave and other
    proprietary protocols will have a significant
    impact on the overall growth of home automation
    market in coming years.
  • Browse the complete report on _at_
    https//adroitmarketresearch.com/industry-reports/
    home-automation-market

3
Global Home Automation Market Revenue Forecast to
Exceed USD 46 Billion by 2025
  • With growing awareness of new home automation
    technologies and rising preference to luxurious
    lifestyle in developing economies have fuelled
    the growth of global home automation market.
    Furthermore, growing concerns of efficient energy
    usage and increasing awareness of safety
    security among the consumers will collectively
    drive the home automation market across the
    globe. However, high initial costs and lack of
    high speed internet connectivity are few
    challenges that could hamper the growth of home
    automation market.
  • The home automation market is vastly being
    disrupted by the inception of voice assistants.
    This trend of integrating of voice assistants
    with the home appliances is on a rise as, it is
    much simpler to give voice commands rather than
    carrying a smartphone every time. One of the
    major challenges that could be faced in the
    future is the interoperability of different
    devices and applications.
  • In 2017, North America had the highest market
    share in the global home automation market,
    followed by Europe, Asia-Pacific, central South
    America and Middle-East Africa. This is mostly
    due to high awareness among the consumers and
    technological advancements in the US and Canada.
    Almost all the major players in the world
    originate from the North American and European
    region, but Asia-Pacific countries are catching
    up with speed in terms of investments in home
    automation.
  • The home automation market is highly fragmented
    with both local and global players. Also, due to
    lack of standardization, many players are
    competing in the market with their own
    proprietary technologies. Some of the prominent
    players in the global home automation include
    Siemens AG, Crestron Electronics Inc., Control4
    Corporation, Zigbee alliance, ABB, Nest Labs,
    Google Inc., Apple Inc., AT T, Vantage Controls
    (Legrand) and others.

4
Key segments of the global home automation market
  • Type Overview, 2015-2025 (USD million)
  • Custom automation (luxury) systems
  • Mainstream automation systems
  • DIY (Do-It-Yourself) automation systems
  • Managed home automation services
  • Application Overview, 2015-2025 (USD million)
  • Lighting
  • Safety and security
  • HVAC
  • Entertainment
  • Energy management
  • Others
  • Regional Overview, 2015-2025 (USD million)
  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle-East Africa
  • Purchase a single user copy of the global home
    automation market report _at_ https//adroitmarketres
    earch.com/researchreport/purchase/798

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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