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The global connected home devices market will grow at a CAGR of 10.7% during the forecast period 2023-2028.
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Modern customers focusing on lifestyle changes and are creating a smart ecosystem that enables them to simplify daily tasks and achieve greater effectiveness. In addition to smart home inclusion, connected home systems are becoming essential factors affecting the purchasing choices of fresh home buyers. A significant development is currently being observed in products and systems intended to improve and alter the way customers live their life in their homes. As these devices are integrated and standardized in future homes, demand for such appliances is growing robustly.
The connected home devices industry can be divided based on segments like products and technology.
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The industry can be divided on the basis of product as:
The industry can be broadly categorised based on technology into:
The EMR report looks into the regional markets of connected home devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Factor such as the increasing demand for the implementation of multiple connected home appliances across the globe is expected to intensify the development over the forecast period of the global connected home devices market. In addition, the high availability of home broadband connectivity is anticipated to drive the development of the global market for connected home devices in the years ahead. Furthermore, the growing adoption of multiple cloud-based techniques enhanced with home appliances is expected to be the dynamic factor behind the development of the global market for connected home devices over the forecast period.
The report presents a detailed analysis of the following key players in the global connected home devices market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Technology, Region |
Breakup by Product | Lighting, Fixtures, Entertainment, Speakers, Television, Security System |
Breakup by Technology | Device-based, Mobile, Hybrid, Technology Comparison Matrix |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Analog Devices, Inc., Honeywell International Inc., LG Electronics, Panasonic Corporation, SAMSUNG ELECTRONICS Co., Ltd., Schneider Electric SE, Siemens AG, Sony Group Corporation, GE Lighting (Savant Technologies LLC), Johnson Controls International plc, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Connected Home Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Connected Home Devices Historical Market (2018-2022)
8.3 Global Connected Home Devices Market Forecast (2023-2028)
8.4 Global Connected Home Devices Market by Product
8.4.1 Lighting
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Fixtures
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Entertainment
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Speakers
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Television
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Security System
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.6.4 Breakup by Type
8.4.6.4.1 Security Cameras
8.4.6.4.2 Locks
8.4.6.4.3 Alarm Systems
8.4.6.4.4 Smart Thermostat
8.4.6.4.5 Others
8.5 Global Connected Home Devices Market by Technology
8.5.1 Device-based
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Mobile
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Hybrid
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Technology Comparison Matrix
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.6 Global Connected Home Devices Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Analog Devices, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Honeywell International Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Panasonic Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 SAMSUNG ELECTRONICS Co., Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Siemens AG
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 GE Lighting (Savant Technologies LLC)
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Sony Group Corporation
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Johnson Controls International plc
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 LG Electronics
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 Schneider Electric SE
12.2.10.1 Company Overview
12.2.10.2 Product Portfolio
12.2.10.3 Demographic Reach and Achievements
12.2.10.4 Certifications
12.2.11 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Connected Home Devices Market: Key Industry Highlights, 2018 and 2028
2. Global Connected Home Devices Historical Market: Breakup by Product (USD Million), 2018-2022
3. Global Connected Home Devices Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Global Connected Home Devices Historical Market: Breakup by Technology (USD Million), 2018-2022
5. Global Connected Home Devices Market Forecast: Breakup by Technology (USD Million), 2023-2028
6. Global Connected Home Devices Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Connected Home Devices Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Connected Home Devices Market Structure
The global connected home devices market is projected to grow at a CAGR of 10.7% between 2023 and 2028.
The major drivers of the market include the increasing demand for the implementation of multiple connected home appliances, rising digitisation, and increasing purchasing power.
High availability of home broadband connectivity is the key market trend propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major products in the market are lighting, fixtures, entertainment, speakers, television, and security system.
Device-based, mobile, hybrid, and technology comparison matrix are the significant technologies of connected home devices considered in the market report.
The major players in the market are Analog Devices, Inc., Honeywell International Inc., Panasonic Corporation, SAMSUNG ELECTRONICS Co., Ltd., Siemens AG, GE Lighting (Savant Technologies LLC), Sony Group Corporation, Johnson Controls International plc, LG Electronics, and Schneider Electric SE, among others.
Aided by the high availability of home broadband connectivity, the global connected home devices market is expected to witness a robust growth in the forecast period of 2023-2028, growing at a CAGR of 10.7%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the connected home devices industry can be segmented into lighting, fixtures, entertainment, speakers, television, and security system. On the basis of technology, the market is divided into device-based, mobile, hybrid, and technology comparison matrix. The major regional markets for connected home devices are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Analog Devices, Inc., Honeywell International Inc., LG Electronics, Panasonic Corporation, SAMSUNG ELECTRONICS Co., Ltd., Schneider Electric SE, Siemens AG, Sony Group Corporation, GE Lighting (Savant Technologies LLC), Johnson Controls International plc, Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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