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Global Smart Home Installation Service Market: By System: Home Monitoring/Security, Lighting Control, Smart Speaker, Thermostat, Video Entertainment, Smart Appliances, Others; By Technology; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments

Global Smart Home Installation Service Market Outlook

The global smart home installation service market attained a value of USD 2.6 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 23% to reach USD 9.1 billion by 2026.

 

The market is being driven by the high adoption rate of smart home installation services across the globe.

 

Global Smart Home Installation Service Market

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Properties and Applications

The smart home installation service refers to the installation service of home automation or domotics, which offers homeowners comfort, security, and energy efficiency by permitting them to control smart devices, usually by a smart home app on the smartphone or other networked devices.

The smart home installation service market is segmented based on systems, technology, and distribution channels.

 

Global Smart Home Installation Service Market By Distribution Channel

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Based on systems, the industry is divided into:

  • Home Monitoring/Security
  • Lighting Control
  • Smart Speaker
  • Thermostat
  • Video Entertainment
  • Smart Appliances
  • Others

Based on technology, the industry is segmented into:

  • Cellular Network Technologies
    • CDMA Networks
    • GSM/HSPA Networks
    • LTE Networks
  • Wireless Communication Technologies
    • Zigbee
    • Z-Wave
    • Wi-Fi
    • Bluetooth
    • Enocean
    • Thread
    • Infrared

Based on distribution channels, the industry is divided into:

  • OEM
  • Retailers
  • E-commerce
  • Professional Service Provider

The EMR report looks into the regional markets of smart home installation service like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Smart Home Installation Service Market By Region

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Market Analysis

The global smart home installation services market is driven by the rise in the adoption of cognitive systems by its end users. Over the last few years, the adoption of smart assistance-embedded consumer devices has rapidly increased due to their enhanced features, mainly in terms of portability. The introduction of cognitive computing solutions in smart consumer devices is expected to accelerate the market growth for the smart home installation services market. The growing adoption of connectivity technologies is a key factor boosting the demand for smart home installation services; thus, further aiding the market growth.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global smart home installation services market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Miami Electric Masters 
  • Red River Electric Inc. 
  • Rexel 
  • Insteon 
  • Vivint, Inc. 
  • HelloTech, Inc.
  • Handy Technologies, Inc.
  • AutoDeus Technologies Private Limited
  • 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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- System, Technology, Distribution Channel, Region
Breakup by System Home Monitoring/Security, Lighting Control, Smart Speaker, Thermostat, Video Entertainment, Smart Appliances, Others
Breakup by Technology Cellular Network Technologies, Wireless Communication Technologies
Breakup by Distribution Channel OEM, Retailers, E-commerce, Professional Service Provider
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 Miami Electric Masters, Red River Electric Inc., Rexel, Insteon, AutoDeus Technologies Private Limited, Vivint, Inc., HelloTech, Inc., Handy Technologies, Inc., 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.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Smart Home Installation Service Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Smart Home Installation Service Historical Market (2017-2021) 
    8.3    Global Smart Home Installation Service Market Forecast (2022-2027)
    8.4    Global Smart Home Installation Service Market by System
        8.4.1    Home Monitoring/Security
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Lighting Control
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Smart Speaker
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Thermostat
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Video Entertainment
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Smart Appliances
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2017-2021)
            8.4.6.3    Forecast Trend (2022-2027)
        8.4.7    Others
    8.5    Global Smart Home Installation Service Market by Technology
        8.5.1    Cellular Network Technologies
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
            8.5.1.4    Cellular Network Technologies by Type
                8.5.1.4.1    CDMA Networks
                8.5.1.4.2    GSM/HSPA Networks
                8.5.1.4.3    LTE Networks
        8.5.2    Wireless Communication Technologies
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
            8.5.2.4    Wireless Communication Technologies by Type
                8.5.2.4.1    Zigbee
                8.5.2.4.2    Z-Wave
                8.5.2.4.3    Wi-Fi
                8.5.2.4.4    Bluetooth
                8.5.2.4.5    Enocean
                8.5.2.4.6    Thread
                8.5.2.4.7    Infrared
    8.6    Global Smart Home Installation Service Market by Distribution Channel
        8.6.1    OEM
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Retailers
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    E-Commerce
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Professional Service Provider
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
    8.7    Global Smart Home Installation Service Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        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    Miami Electric Masters
            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    Red River Electric 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    Rexel 
            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    Insteon
            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    AutoDeus Technologies Private Limited
            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    Vivint, Inc.
            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    HelloTech, Inc.
            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    Handy Technologies, Inc.
            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    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Smart Home Installation Service Market: Key Industry Highlights, 2016 and 2026
2.    Global Smart Home Installation Service Historical Market: Breakup by System (USD Billion), 2017-2021
3.    Global Smart Home Installation Service Market Forecast: Breakup by System (USD Billion), 2022-2027
4.    Global Smart Home Installation Service Historical Market: Breakup by Technology (USD Billion), 2017-2021
5.    Global Smart Home Installation Service Market Forecast: Breakup by Technology (USD Billion), 2022-2027
6.    Global Smart Home Installation Service Historical Market: Breakup by Distribution Channel (USD Billion), 2017-2021
7.    Global Smart Home Installation Service Market Forecast: Breakup by Distribution Channel (USD Billion), 2022-2027
8.    Global Smart Home Installation Service Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Smart Home Installation Service Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Smart Home Installation Service Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Smart Home Installation Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Smart Home Installation Service Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Smart Home Installation Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Smart Home Installation Service Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Smart Home Installation Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Smart Home Installation Service Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Smart Home Installation Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Smart Home Installation Service Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Smart Home Installation Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global Smart Home Installation Service Market Structure

Key Questions Answered in the Report

In 2020, the global smart home installation service market attained a value of nearly USD 2.6 billion.

The market is projected to grow at a CAGR of 23% between 2022 and 2027.

The industry is being driven by the availability of improved features, rapid integration of cognitive computing technologies, growing consumer demand for connected devices, and the improved security benefits offered by these services.

The key trends propelling the industry’s growth include rapid digitalisation worldwide.

The major regions in the industry are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

The major segments, based on system, include home monitoring/security, lighting control, smart speaker, thermostat, video entertainment, smart appliances, and others.

The technology segments include cellular network technologies and wireless communication technologies.

The major distribution channels include OEM, retailers, e-commerce, and professional service provider.

The major players in the industry are Miami Electric Masters, Red River Electric Inc., Rexel, Insteon, AutoDeus Technologies Private Limited, Vivint, Inc., HelloTech, Inc., Handy Technologies, Inc., and others.

Analyst Review

The global smart home installation service market attained a value of USD 2.6 billion in 2020, driven by the increased consumer demand for smart home installation services due to rapid digitalisation. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 23%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on system type, the global smart home installation service industry can be segmented into home monitoring/security, lighting control, smart speaker, thermostat, video entertainment, smart appliances, and others. By technology, the market can be divided into cellular network technologies and wireless communication technologies. On the basis of distribution channel, the major segments include OEM, retailers, e-commerce, and professional service provider. The major regional markets for smart home installation service are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific. The key players in the above market include Miami Electric Masters, Red River Electric Inc., Rexel, Insteon, AutoDeus Technologies Private Limited, Vivint, Inc., HelloTech, Inc., Handy Technologies, Inc., and 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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