IoT Home Automation Market Overview
MMR recently published IoT Home Automation market report offers a holistic view of the IoT Home Automation Market, encompassing both global players and local players operating in different countries. Through a comparative analysis of key players and market followers, this report provides an insightful industry outlook.
Market Estimation
Global IoT Home Automation Market accounted for USD 91.24 Bn in 2023 and is expected to grow at a CAGR of 12.1 % over the forecast period 2024-2030, to account for USD 202.98 Bn in 2030.
IoT Home Automation Market Report Scope and Research Methodology
The report provides an in-depth analysis of the IoT Home Automation market, through segmentation. It analyses the market size, share, growth, and trends, along with the drivers and restraints affecting the market growth. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report.
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IoT Home Automation Market Regional Insights
The report provides regional insights into the industrial gas market for North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The Asia-Pacific region is expected to dominate the market.
IoT Home Automation Market Segmentation
by Installation
Luxury home
Mainstream home
Managed home
DIY Home
by Application
Lighting
Safety & security
HVAC
Entertainment
Others
by Technology
Wired
Wireless
Over the course of the projection period, the wireless technology category is anticipated to develop at the highest CAGR of 13.03%.
Wireless network technology is anticipated to get the biggest revenue share throughout the course of the projected period. Its open technology enables customization and simultaneous control of several devices. The use of wireless network connections to control smart property systems is growing in popularity. Among the devices that connect to wireless networks are Google Home Hub, Samsung Smart Things, and Apple Homekit.
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IoT Home Automation Market Key Players
1. AMX
2. ADT Pulse
3. Control4 Corporation
4. Crestron
5. Vera
6. HomeSeer
7. SmartThings
8. Frontpoint
9. Savant
10. Siemens AG
11. Johnson Controls
12. Honeywell
13. United Technologies Corporation
14. Schneider Electric
15. Acuity Brands
16. Monitronics International
17. Vivint Inc.
18. Assa Abloy.
19. Sylvania
20. Ring
21. Wink
22. TP-Link
23. SimpliSafe
Key questions answered in IoT Home Automation Market are:
- Who held the largest market share in the IoT Home Automation Market?
- What are the factors driving the IoT Home Automation Market growth?
- What are the factors restraining the IoT Home Automation Market growth?
- Which trends are expected to generate additional revenue for the IoT Home Automation market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the IoT Home Automation Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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