China Smart Home Market and Forecast to 2025

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China Smart Home Market Market - Overview
The Chinese smart home market was valued at just
over US 7 Billion in 2018 and is likely to
fivefold by the year 2025. Smart home is a system
that allows home owner to control and monitor
different devices in home including the heating,
lighting, security, and entertainment,
automatically and sometimes remotely via the
Internet. In China, household penetration for
smart home applications is estimated at around 5
in 2018. The growth of smart home market is
attributed to factors such as significantly
growing IoT market, government support,
increasing urbanization growing awareness for
smart home technology, and increasing importance
of home monitoring from remote locations. With
the increasing demand of smart home devices,
security and privacy breach is also increasing.
The issues pertaining to privacy and security
breach are restraining the growth of the smart
home market.  
China Smart Home Market (Billion US),
2014 -2018
Note Dummy Data, Actual figures given in the
report
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The favorable policies and the coming of Internet
of Things laid solid foundation for smart home
market in China. Furthermore, initiatives such as
National New-type Urbanization Plan, Chinas 12th
five-year Development Plan, Smart Cities Projects
and Made in China 2025 strategy, are likely to
fuel the growth of China smart home market. In
addition to country-wide initiatives, large
corporations in China, from technology giants to
white goods manufacturers, are placing big bets
on the Chinese smart home market. Several major
Chinese giants like Baidu, Xiaomi, Alibaba, Haier
and many others have already entered the market
for smart home products.
China Forecast for Smart Home Market
(Billion US), 2019-2025
Note Dummy Data, Actual figures given in the
report
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By Application Area China Smart Home Market
and Forecast
Smart Appliances captured maximum share of the
China smart home market in 2018.  Control and
Connectivity is the second largest application
segment of the China smart home market capturing
around 18 share in 2018.   Security is the
third leading application of smart home market,
being followed by Home Entertainment segment.  
In 2018, the revenue in the Security segment
amounts to just over US 1 Billion. Energy
Management captured least share of the China
smart home market.
By Application Area China Smart Home Market
Share (Percent), 2018
By Application Area - Forecast for China Smart
Home Market Share (Percent), 2025
Note Dummy Data, Actual figures given in the
report
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By Application Areas China Smart Home Active
Householdes Market Forecast

• Smart Appliances captured highest share of the
  China Smart Home active households in 2018, being
  followed by Control and Connectivity segment.
• In China, the household penetration for Home
  Entertainment application is estimated at 1.3 in
  2018.
• Energy Management application captured least
  share of the Smart Home active households in
  2018.

By Application China Smart Active Households
Market Share (Percent), 2018
By Application - Forecast for China Smart Active
Households Market Share (Percent), 2025
Note Dummy Data, Actual figures given in the
report
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iGATE RESEARCH report titled China Smart Home
Market, Number, Household Penetration Key
Company Profiles - Forecast to 2025provides a
comprehensive analysis of the China Smart Home
Market.
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This 154 Page report with 49 Figures and 5
Tables has been analyzed from 8 viewpoints
1. China Smart Home Market, Volume, Household
Penetration Forecast (2014 - 2025) 2. China
Smart Home Market Share Analysis - By Application
Areas (2014 - 2025) 3. China Smart Home Active
Households Share - By Application Areas (2014 -
2025) 4. China Smart Home Market, Number of
Active Households Households Penetration - By
Application Areas (2014 - 2025) 5. China Smart
Home Market Funding 6. China IoT / Smart Homes
Market - Policies, Trends and Standards
Government Role 7. China Smart Home - Key Company
Profiles 8. China Smart Home Market - Growth
Drivers and Challenges
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By Application Areas China Smart Home
Market and Forecast
1. Control and Connectivity (Home Automation) 2.
Comfort and Lighting (Home Automation) 3. Home
Entertainment 4. Smart Appliances 5. Energy
Management 6. Security Application
By Company China Smart Home
Market and Forecast
1. Chuango Security Technology Corp 2. HEIMAN
CO., LIMITED 3. Sichuan Changhong Electric Co
Ltd 4. Hisense Co. Ltd 5. Xiaomi Inc
6. Alibaba Group 7. JD.com 8. Baidu 9. Haier 10.
China Unicom
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Report Title China Smart Home Market, Number,
Household Penetration Key Company Profiles -
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