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Connected Home Devices Market

Global Connected Home Devices Market Size, Share, Report: By Product: Lighting, Fixtures, Entertainment, Speakers, Television, Security System; By Technology: Device-based, Mobile, Hybrid, Technology Comparison Matrix; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Connected Home Devices Market Outlook

The global connected home devices market will grow at a CAGR of 10.7% during the forecast period 2024-2032.

 

Global Connected Home Devices Market

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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.

 

Market Segmentation

The connected home devices industry can be divided based on segments like products and technology.

The industry can be divided on the basis of product as:

  • Lighting
  • Fixtures
  • Entertainment
  • Speakers
  • Television
  • Security System
  • Security Cameras
  • Locks
  • Alarm Systems
  • Smart Thermostat
  • Others

 

Global Connected Home Devices Market

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The industry can be broadly categorised based on technology into:

  • Device-Based
  • Mobile
  • Hybrid
  • Technology Comparison Matrix

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.

 

Market Analysis

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.

 

Global Connected Home Devices Market

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Competitive Landscape

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:

  • Analog Devices, Inc. 
  • Honeywell International Inc.   
  • Panasonic Corporation  
  • SAMSUNG ELECTRONICS Co., Ltd. 
  • Siemens AG 
  • Sony Group Corporation  
  • GE Lighting (Savant Technologies LLC)
  • Johnson Controls International plc
  • LG Electronics
  • Schneider Electric SE
  • Others

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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
  • Schneider Electric SE
  • 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 (2018-2023) 
    8.3    Global Connected Home Devices Market Forecast (2024-2032)
    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 (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Fixtures
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Entertainment
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2023)
            8.4.3.3    Forecast Trend (2024-2032)
        8.4.4    Speakers
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2023)
            8.4.4.3    Forecast Trend (2024-2032)
        8.4.5    Television
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2023)
            8.4.5.3    Forecast Trend (2024-2032)
        8.4.6    Security System
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2018-2023)
            8.4.6.3    Forecast Trend (2024-2032)
            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 (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Mobile
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
        8.5.3    Hybrid
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2023)
            8.5.3.3    Forecast Trend (2024-2032)
        8.5.4    Technology Comparison Matrix
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2023)
            8.5.4.3    Forecast Trend (2024-2032)
    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 (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        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 (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        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 (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        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 (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        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 (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        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 2032
2.    Global Connected Home Devices Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Connected Home Devices Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Connected Home Devices Historical Market: Breakup by Technology (USD Million), 2018-2023
5.    Global Connected Home Devices Market Forecast: Breakup by Technology (USD Million), 2024-2032
6.    Global Connected Home Devices Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Connected Home Devices Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Connected Home Devices Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Connected Home Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Connected Home Devices Market Structure

Key Questions Answered in the Report

The global connected home devices market is projected to grow at a CAGR of 10.7% between 2024 and 2032.

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.

Analyst Review

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 2024-2032, 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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