スマートホーム市場 – 2029年までの世界予測

Smart Home Market - Global Forecast to 2029

スマートホーム市場 - 製品 (照明制御、スマートスピーカー、エンターテイメント、スマートキッチン、HVAC 制御、セキュリティおよびアクセス制御)、提供内容 (行動、プロアクティブ)、販売チャネル、設置タイプおよび地域別 - 2029年までの世界予測
Smart Home Market by Product (Lighting Controls, Smart Speaker, Entertainment, Smart Kitchen, HVAC Controls, Security & Access Controls), Offering (Behavioral, Proactive), Sales Channel, Installation Type and Region - Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年8月
ページ数331
図表数389
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global smart home market was valued at USD 84.5 billion in 2024 and is projected to reach USD 116.4 billion by 2029; it is expected to register a CAGR of 6.6% during the forecast period.

世界のスマートホーム市場は、2024 年に 845 億米ドルと評価され、2029 年までに 1,164 億米ドルに達すると予測されています。予測期間中に 6.6% の CAGR を記録すると予想されます。

Concerns about safety, security, and convenience among general population are driving the growth of the smart home market. The high cost of switching for existing smart device consumers is restraining the growth of the smart home market.

スマートホーム市場 - 2029年までの世界予測

Growing use of smart gadgets and an increase in internet users raising the average person’s discretionary income in emerging nations. The significance of home surveillance is growing in isolated areas, increasing demand for solutions focused on reducing carbon emissions and using less energy; the general public’s growing worries about convenience, security, and safety are driving the growth of smart home market. Whereas a more convenience-driven rather than necessity-driven market, high cost of switching for existing smart device consumers, and issues related to security and privacy breaches are restraining the growth of the market.

スマートホーム市場 - 2029年までの世界予測 ecosystem

“The lighting control segment is expected to grow at the second highest CAGR during the forecast period.”

The lighting control segment is projected to grow at the second highest rate while attaining a CAGR of 9.5% during the forecast. A lighting control system is based on an intelligent network for the control of lighting in a building by sensing information from the input devices and sending the same through one or more central computing devices which in turn sends signals to the output devices. Smart home lighting controls are able to make a lighting system check occupancy as well as natural light in an area. It can sense these factors and, accordingly, reduce its brightness with respect to the natural light available or switch off automatically in case the room is empty. Lighting control forms a basic part of lighting for energy efficiency.

The  behavioral offering segment is likely to grow at the second higher CAGR during the forecast period.”

The behavioral offering segment is expected to grow at a second higher CAGR of 6.5% during the forecast period. The behavioral offering uses AI and machine learning algorithms to learn from the actions of individuals in a smart home. It automates many aspects of the home using routines and preferences discovered through data analysis from sensors, cameras, and other connected devices. The behavioral offering seeks to provide consumers with a personalized and convenient experience by automating processes based on occupant behavior.

スマートホーム市場 - 2029年までの世界予測 ecosystem2

“The North America segment is likely to grow at the second highest CAGR during the forecast period.”

The market in North America is expected to witness the second highest CAGR of 6.2% during the forecast period. Factors such as the increasing demand for reliable home energy management systems and enhanced home security levels and the growing popularity of the integration of smart devices such as tablets and smartphones in smart homes are driving the growth of the smart home market in this region.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20%
  • By Designation— C-level Executives – 40%, Directors – 30%, Others – 30%
  • By Region—North America – 40%, Europe – 20%, Asia Pacific – 30%, RoW – 10%

スマートホーム市場 - 2029年までの世界予測 region

The smart home market is dominated by a few globally established players such as Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden), Amazon.com, Inc. (US), Apple Inc. (US), ADT (US), Robert Bosch (Germany), ABB (Switzerland). The study includes an in-depth competitive analysis of these key players in the smart home market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the smart home market and forecasts its size by product, offering, sales channel, and installation type, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the smart home ecosystem.

Key Benefits to Buy the Report:

  • Analysis of key drivers (Increasing number of internet users and growing adoption of smart devices, Increasing disposable income emerging economies, Increasing importance of home monitoring in remote locations, Growing need for energy-saving and low carbon emission-oriented solutions, Concerns about safety, security, and convenience among general population). Restraint (Convenience-driven rather than necessity-driven market, High cost of switching for existing smart device consumers, Issues related to security and privacy breaches), Opportunity (Favorable government regulations to promote green buildings, Incorporation of lighting controllers with in-built data-connectivity technology, Integration of power line communication technology in smart homes), Challenges (Difficulties linking disparate systems, limited functionality, and lack of open standards, Risk of device malfunction)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the smart home market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the smart home market across varied regions.
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the smart home market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden), Amazon.com, Inc. (US), Apple Inc. (US), ADT (US), Robert Bosch (Germany), ABB (Switzerland) among others in the smart home market.

Smart Home Market by Product (Lighting Controls, Smart Speaker, Entertainment, Smart Kitchen, HVAC Controls, Security & Access Controls), Offering (Behavioral, Proactive), Sales Channel, Installation Type and Region – Global Forecast to 2029

スマートホーム市場 – 製品 (照明制御、スマートスピーカー、エンターテイメント、スマートキッチン、HVAC 制御、セキュリティおよびアクセス制御)、提供内容 (行動、プロアクティブ)、販売チャネル、設置タイプおよび地域別 – 2029年までの世界予測

Table of Contents

1            INTRODUCTION            32

1.1         STUDY OBJECTIVES      32

1.2         MARKET DEFINITION   32

1.3         STUDY SCOPE  33

1.3.1      MARKETS COVERED     33

1.3.2      YEARS CONSIDERED     34

1.3.3      INCLUSIONS AND EXCLUSIONS OF STUDY         34

1.4         CURRENCY CONSIDERED          35

1.5         UNITS CONSIDERED     35

1.6         LIMITATIONS   35

1.7         STAKEHOLDERS            35

1.8         SUMMARY OF CHANGES            36

2            RESEARCH METHODOLOGY     37

2.1         RESEARCH DATA           37

2.1.1      SECONDARY AND PRIMARY RESEARCH 39

2.1.2      SECONDARY DATA       39

2.1.2.1   List of key secondary sources           40

2.1.2.2   Key data from secondary sources     40

2.1.3      PRIMARY DATA 41

2.1.3.1   Breakdown of primaries     41

2.1.3.2   Key data from primary sources         42

2.1.3.3   Key industry insights          42

2.2         FACTOR ANALYSIS        43

2.2.1      SUPPLY-SIDE ANALYSIS             43

2.2.2      GROWTH FORECAST ASSUMPTIONS     44

2.3         MARKET SIZE ESTIMATION METHODOLOGY    45

2.3.1      BOTTOM-UP APPROACH           45

2.3.1.1   Approach to arrive at market size using bottom-up analysis

(demand side)     45

2.3.2      TOP-DOWN APPROACH             46

2.3.2.1   Approach to arrive at market size using top-down approach

(supply side)        46

2.4         MARKET BREAKDOWN AND DATA TRIANGULATION    47

2.5         RESEARCH ASSUMPTIONS         48

2.6         RESEARCH LIMITATIONS           49

2.7         RISK ASSESSMENT         49

3            EXECUTIVE SUMMARY 50

4            PREMIUM INSIGHTS      54

4.1         ATTRACTIVE GROWTH OPPORTUNITIES FOR KEY PLAYERS IN SMART HOME MARKET 54

4.2         HVAC CONTROLS: SMART HOME MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION)          54

4.3         SMART HOME MARKET, BY SALES CHANNEL, 2024 VS. 2029 (USD MILLION)          55

4.4         SMART KITCHEN: SMART HOME MARKET, BY PRODUCT, 2024 VS. 2029 (USD MILLION) 55

4.5         SMART HOME MARKET, BY INSTALLATION TYPE, 2024 VS. 2029 (USD MILLION)          56

4.6         SMART HOME MARKET SHARE, BY REGION, 2024 VS. 2029           56

4.7         SMART HOME MARKET, BY COUNTRY  57

5            MARKET OVERVIEW     58

5.1         INTRODUCTION            58

5.2         MARKET DYNAMICS     58

5.2.1      DRIVERS            59

5.2.1.1   Increasing number of internet users and growing adoption of

smart devices       59

5.2.1.2   Increasing disposable income in emerging economies  60

5.2.1.3   Increasing importance of home monitoring in remote locations 60

5.2.1.4   Growing need for energy-saving and low carbon emission-oriented solutions              61

5.2.1.5   Concerns about safety, security, and convenience among general population              62

5.2.2      RESTRAINTS     62

5.2.2.1   Convenience-driven rather than necessity-driven market           62

5.2.2.2   High cost of switching for existing smart device consumers        63

5.2.2.3   Issues related to security and privacy breaches             63

5.2.3      OPPORTUNITIES           64

5.2.3.1   Favorable government regulations to promote green buildings   64

5.2.3.2   Incorporation of lighting controllers with in-built data connectivity technology              65

5.2.3.3   Integration of power line communication technology in smart homes       65

5.2.4      CHALLENGES   66

5.2.4.1   Difficulties in linking disparate systems, limited functionalities,

and lack of open standards 66

5.2.4.2   Risk of device malfunction 68

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       68

5.4         PRICING ANALYSIS        69

5.4.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SMART LOCK              69

5.4.2      AVERAGE SELLING PRICE TREND, BY REGION  70

5.5         SUPPLY CHAIN ANALYSIS          70

5.6         ECOSYSTEM ANALYSIS 72

5.7         INVESTMENT AND FUNDING SCENARIO            74

5.8         TECHNOLOGY ANALYSIS           74

5.8.1      KEY TECHNOLOGIES    74

5.8.1.1   Voice assistant     74

5.8.2      COMPLEMENTARY TECHNOLOGIES     74

5.8.2.1   Big data analytics 74

5.8.3      ADJACENT TECHNOLOGIES      75

5.8.3.1   Biometric authentication   75

5.8.3.2   Virtual reality (VR) and augmented reality (AR)          76

5.9         PATENT ANALYSIS        76

5.10       TRADE ANALYSIS          78

5.10.1    IMPORT DATA (HS CODE 8517) 79

5.10.2    EXPORT DATA (HS CODE 8517) 80

5.11       KEY CONFERENCES AND EVENTS          81

5.12       CASE STUDY ANALYSIS 82

5.12.1    ASSA ABLOY’S REMOTE ACCESS DELEGATION TO BUILDINGS TRANSFORMS OPERATION OF EMERGENCY SERVICES WORLDWIDE     82

5.12.2    JOHNSON CONTROLS’ COOLING SOLUTION HELPS FISERV TACKLE MAINTENANCE CONSTRAINTS AND ACHIEVE ENERGY SAVINGS            83

5.12.3    HONEYWELL’S SECURITY SOLUTION HELPS GATEWAY BUILDING IMPROVE SECURITY AND VISITOR ACCESS SYSTEM       83

5.13       TARIFF AND REGULATORY LANDSCAPE            84

5.13.1    TARIFF ANALYSIS          84

5.13.1.1 Tariffs levied on HS code 8517-compliant products exported by

US to other countries         84

5.13.2    REGULATIONS 84

5.13.2.1 Regulatory bodies, government agencies, and other organizations            84

5.13.3    REGULATORY STANDARDS       88

5.14       PORTER’S FIVE FORCES ANALYSIS         89

5.14.1    INTENSITY OF COMPETITIVE RIVALRY 90

5.14.2    BARGAINING POWER OF SUPPLIERS     90

5.14.3    BARGAINING POWER OF BUYERS           90

5.14.4    THREAT OF SUBSTITUTES         91

5.14.5    THREAT OF NEW ENTRANTS    91

5.15       KEY STAKEHOLDERS AND BUYING CRITERIA    91

5.15.1    KEY STAKEHOLDERS IN BUYING PROCESS         91

5.15.2    BUYING CRITERIA         92

5.16       IMPACT OF AI/GEN AI ON SMART HOME MARKET         93

5.17       RELEVANT CASE STUDY AND DEVELOPMENTS 94

5.17.1    SIEMENS: ENHANCING MUSEUM’S TECHNICAL INFRASTRUCTURE              94

5.17.2    LG ELECTRONICS: ALL-ROUND HOME MANAGER AND COMPANION              94

5.17.3    SAMSUNG: CREATE A MORE SEAMLESS AND INTELLIGENT HOME EXPERIENCE     95

5.17.4    SAMSUNG: IMPROVING COMPUTATIONAL CAPABILITY OF RUGGED PCS       95

6            PROTOCOLS AND TECHNOLOGIES USED IN SMART HOMES     96

6.1         INTRODUCTION            96

6.2         WIRED COMMUNICATION TECHNOLOGIES      97

6.2.1      CDMA NETWORK          97

6.2.1.1   Helps control smart home appliances and systems using channel access method              97

6.2.2      GSM/HSPA NETWORK  97

6.2.2.1   GSM modems control home appliances via short message services           97

6.2.3      LTE NETWORK 98

6.2.3.1   Enables real-time transfer of data across network to remotely control smart home applications         98

6.2.4      DALI     98

6.2.4.1   Full-duplex system that brings digital technology into lighting sector       98

6.2.5      NEMA   99

6.2.5.1   Standardizes necessary control devices needed to build complete lighting systems              99

6.2.6      KNX      99

6.2.6.1   Open standard supporting five communication media  99

6.2.7      DMX     100

6.2.7.1   Used in communication networks that control lights and effects 100

6.2.8      LONWORKS      100

6.2.8.1   Helps in building automation applications designed on

low bandwidth for networking devices            100

6.2.9      ETHERNET       101

6.2.9.1   Used in home entertainment systems and whole-house automation solutions              101

6.2.10    MODBUS           101

6.2.10.1 Transmits information between electronic devices over serial lines or via Ethernet              101

6.2.11    BACNET             102

6.2.11.1 Commonly used in building automation applications such as HVAC controls, fire detection, lighting controls, and smart elevators          102

6.2.12    BLACK BOX       102

6.2.12.1 Helps in home automation and integration of home devices into a single console              102

6.2.13    PLC       102

6.2.13.1 Uses electric power for data transmission       102

6.3         WIRELESS COMMUNICATION TECHNOLOGIES 103

6.3.1      ZIGBEE 104

6.3.1.1   Used in smart homes to carry small amounts of data over mid-range        104

6.3.2      Z-WAVE             105

6.3.2.1   Used in wireless residential control products and services          105

6.3.3      WI-FI    105

6.3.3.1   Ideal for medium and small home automation systems for

data transmission across short distances         105

6.3.4      BLUETOOTH    106

6.3.4.1   Ensures interoperability, minimal interference, and energy efficiency in areas like automation, control, security, and energy management 106

6.3.5      ENOCEAN         106

6.3.5.1   Designed for smart home solutions dependent on energy-producing technologies              106

6.3.6      THREAD            106

6.3.6.1   Common standard used in smart home applications to connect them over internet and with Cloud    106

6.3.7      INFRARED         107

6.3.7.1   Used for short and medium-range communications and control in smart home applications         107

6.3.8      MESSAGE QUEUING TELEMETRY TRANSPORT (MQTT) 107

6.3.8.1   Used to send messages between devices in distributed network  107

7            SMART HOME MARKET, BY SALES CHANNEL     108

7.1         INTRODUCTION            109

7.2         DIRECT SALES CHANNEL           110

7.2.1      PLAYERS WITH LIMITED SALES CHANNELS AND DISTRIBUTION NETWORKS OPT FOR DIRECT SALES     110

7.3         INDIRECT SALES CHANNEL       110

7.3.1      INCREASED CONVENIENCE ENHANCES CUSTOMER EXPERIENCE              110

8            SMART HOME MARKET, BY PRODUCT  111

8.1         INTRODUCTION            112

8.2         LIGHTING CONTROLS 115

8.2.1      RELAYS 120

8.2.1.1   Work as on/off switches in lighting control systems      120

8.2.2      OCCUPANCY SENSORS 120

8.2.2.1   Detect presence of individuals to switch lights on/off  120

8.2.3      DAYLIGHT SENSORS     122

8.2.3.1   Function as photosensors to measure intensity of natural light and accordingly adjust amount of artificial light         122

8.2.4      TIMERS 123

8.2.4.1   Used to turn lights on/off automatically after pre-specified time 123

8.2.5      DIMMERS          124

8.2.5.1   Used to adjust brightness in lighting control systems by means of voltage variation              124

8.2.6      SWITCHES         125

8.2.6.1   Switches can be categorized as manual and remote-controlled   125

8.2.7      ACCESSORIES & OTHER PRODUCTS      125

8.3         SECURITY & ACCESS CONTROLS            126

8.3.1      VIDEO SURVEILLANCE 130

8.3.1.1   Hardware            131

8.3.1.1.1 Cameras 132

8.3.1.1.1.1           IP cameras           132

8.3.1.1.1.1.1        Can be accessed and controlled over IP networks         132

8.3.1.1.1.2           Analog cameras   133

8.3.1.1.1.2.1        Require lesser technical maintenance compared to IP cameras   133

8.3.1.1.2 Storage devices    133

8.3.1.1.2.1           Introduction of IP cameras boosted demand for IP-based surveillance storage systems and technologies     133

8.3.1.1.3 Monitors              133

8.3.1.1.3.1           Project data obtained by cameras as output of video surveillance systems              133

8.3.1.1.4 Other hardware accessories             134

8.3.1.2   Software 134

8.3.1.2.1 Video analytics software    134

8.3.1.2.1.1           Automatically monitors cameras and alerts users about unusual or suspicious events 134

8.3.1.2.2 Video management software            135

8.3.1.2.2.1           Platform for video monitoring, recording, and analysis 135

8.3.1.2.3 Neural networks and algorithms       135

8.3.1.2.3.1           Used to extract patterns or coded data to identify behavioral trends              135

8.3.1.3   Services 136

8.3.1.3.1 Ensures effective working of video surveillance systems             136

8.3.2      ACCESS CONTROL        136

8.3.2.1   Hardware            137

8.3.2.1.1 Card-based readers            137

8.3.2.1.1.1           Used to authenticate user identity    137

8.3.2.1.2 Multi-technology readers   138

8.3.2.1.2.1           Employ combination of card and biometrics   138

8.3.2.1.3 Electronic locks    138

8.3.2.1.3.1           Cannot be tampered with and provide better security than mechanical locks      138

8.3.2.1.4 Controllers          138

8.3.2.1.4.1           Control panels transmit data between readers and software through various types of communication interfaces     138

8.3.2.1.5 Biometric readers 138

8.3.2.2   Software 139

8.3.2.2.1 Often integrated with other security management platforms, such as video surveillance, intrusion, and visitor management systems            139

8.3.2.3   Services 139

8.3.2.3.1 Majorly include installation, support, and maintenance services 139

8.4         HVAC CONTROLS          140

8.4.1      SMART THERMOSTATS 144

8.4.1.1   Maintain temperature at required levels         144

8.4.2      SENSORS           145

8.4.2.1   Perform logical functions such as making decisions and communicating with other systems  145

8.4.3      CONTROL VALVES        146

8.4.3.1   Regulate flow of fluids in various processes    146

8.4.4      HEATING & COOLING COILS     147

8.4.4.1   HVAC systems use coils to maintain temperature        147

8.4.5      DAMPERS          147

8.4.5.1   Regulate flow of hot/cold air in rooms            147

8.4.6      ACTUATORS     148

8.4.6.1   Control dampers and valves in HVAC systems             148

8.4.7      PUMPS & FANS 149

8.4.7.1   Essential components of HVAC control systems           149

8.4.8      SMART VENTS  150

8.4.8.1   Can be programmed to open and close according to temperature conditions of rooms    150

8.5         ENTERTAINMENT & OTHER CONTROLS            150

8.5.1      ENTERTAINMENT CONTROLS  155

8.5.1.1   Audio & volume controls   156

8.5.1.1.1 Enable playback and music control in homes  156

8.5.1.2   Home theater system controls          157

8.5.1.2.1 Designed to provide ultimate movie-viewing experience            157

8.5.1.3   Touchscreens & keypads    158

8.5.1.3.1 Control audio-video distribution at homes     158

8.5.2      OTHER CONTROLS       159

8.5.2.1   Smart meters       160

8.5.2.1.1 Measure energy consumption and enable communication between users and utilities  160

8.5.2.2   Smart plugs          161

8.5.2.2.1 Help in saving and managing energy usage    161

8.5.2.3   Smart hubs          162

8.5.2.3.1 Control connected gadgets in smart homes    162

8.5.2.4   Smart locks          162

8.5.2.4.1 Enabled with wireless technologies such as Z-Wave,

Zigbee, and NFC 162

8.5.2.5   Smoke detectors  163

8.5.2.5.1 Detect smoke faster than flame and heat detectors       163

8.6         SMART SPEAKERS          164

8.6.1      ENABLE CONTROL OF SMART DEVICES THROUGH USER VOICE CONTROL         164

8.7         HOME HEALTHCARE    168

8.7.1      HEALTH STATUS MONITORS    172

8.7.1.1   Fitness and heart rate monitors        173

8.7.1.1.1 Growing health consciousness to drive adoption          173

8.7.1.2   Blood pressure monitors    173

8.7.1.2.1 Growth emphasis on treatment and control of diseases to drive demand  173

8.7.1.3   Blood glucose meters         174

8.7.1.3.1 Increasing diabetic population to boost adoption         174

8.7.1.4   Continuous glucose monitors           174

8.7.1.4.1 Offer better results than conventional glucose monitoring systems           174

8.7.1.5   Pulse oximeters   174

8.7.1.5.1 Used to monitor oxygen level present in user’s blood   174

8.7.1.6   Fall detectors       174

8.7.1.6.1 Detect and notify monitoring personnel if users collapse            174

8.7.2      PHYSICAL ACTIVITY MONITORS            175

8.7.2.1   Rising adoption of smart wearable devices to track physical activity levels of users              175

8.8         SMART KITCHEN           176

8.8.1      SMART REFRIGERATORS           180

8.8.1.1   Keep track of how often doors have been opened         180

8.8.2      SMART COFFEE MAKERS            181

8.8.2.1   Allows users to make coffee through app on tablets or smartphones         181

8.8.3      SMART KETTLES           182

8.8.3.1   Maintain temperature of water depending on user’s choice        182

8.8.4      SMART DISHWASHERS 182

8.8.4.1   Innovative features reduce human intervention            182

8.8.5      SMART OVENS  183

8.8.5.1   Help users reduce time required for cooking  183

8.8.6      SMART COOKTOPS       184

8.8.6.1   Ensure accurate heat circulation      184

8.8.7      SMART COOKERS          185

8.8.7.1   Can be accessed and controlled through apps on smartphones or tablets  185

8.9         HOME APPLIANCES      186

8.9.1      SMART WASHERS          190

8.9.1.1   Innovative features reduce human intervention            190

8.9.2      SMART DRYERS 190

8.9.2.1   Help increase energy efficiency and reduce human intervention 190

8.9.3      SMART WATER HEATERS           191

8.9.3.1   Turn off automatically when hot water demands are low            191

8.9.4      SMART VACUUM CLEANERS     192

8.9.4.1   Rising awareness around cleanliness and hygiene to fuel demand             192

8.10       SMART FURNITURE       193

8.10.1    SMART TABLES 197

8.10.1.1 Feature integrated induction-based drink warmer to maintain temperature of beverage 197

8.10.2    SMART DESKS  198

8.10.2.1 Provides multiple health benefits to users      198

8.10.3    SMART STOOLS & BENCHES      199

8.10.3.1 Smart benches help in reducing energy costs  199

8.10.4    SMART SOFAS   200

8.10.4.1 Equipped with sensors to help adjust shape and size as per user’s requirement              200

8.10.5    SMART CHAIRS 200

8.10.5.1 Help in promoting healthy sitting posture      200

9            SMART HOME MARKET, BY OFFERING  202

9.1         INTRODUCTION            203

9.2         BEHAVIORAL    205

9.2.1      LEARNS FROM USER BEHAVIOR AND RECOMMENDS NECESSARY ACTIONS           205

9.3         PROACTIVE      205

9.3.1      AUTOMATICALLY IMPLEMENTS NECESSARY ACTIONS BASED ON

USER BEHAVIOR            205

10          SMART HOME MARKET, BY INSTALLATION TYPE          207

10.1       INTRODUCTION            208

10.2       NEW INSTALLATIONS  209

10.2.1    NEED FOR MODERN LIGHTING SYSTEMS WITH

STATE-OF-THE-ART COMPONENTS TO DRIVE MARKET             209

10.3       RETROFIT INSTALLATIONS      209

10.3.1    RISING DEMAND FOR SYSTEM UPGRADES TO BOOST MARKET GROWTH          209

11          SMART HOME MARKET, BY REGION      210

11.1       INTRODUCTION            211

11.2       NORTH AMERICA          212

11.2.1    US         214

11.2.1.1 Presence of various key players to support market growth          214

11.2.2    CANADA            214

11.2.2.1 Growing economy to result in increased focus on transitioning toward smart homes    214

11.2.3    MEXICO             215

11.2.3.1 Growing economy and increasing use of consumer electronics to favor market growth   215

11.2.4    RANKING OF SMART CONTROL ECOSYSTEMS IN NORTH AMERICA              216

11.2.5    MACROECONOMIC OUTLOOK IN NORTH AMERICA      216

11.3       EUROPE             217

11.3.1    GERMANY         219

11.3.1.1 Adoption of zero-energy systems and development of smart cities to drive market              219

11.3.2    UK         219

11.3.2.1 Initiatives to prevent fire accidents to support market growth    219

11.3.3    FRANCE             220

11.3.3.1 Initiatives for promoting adoption of energy-saving products to propel market growth   220

11.3.4    ITALY   220

11.3.4.1 Government activities to promote minimum energy consumption products to boost market growth          220

11.3.5    REST OF EUROPE           220

11.3.6    RANKING OF SMART CONTROL ECOSYSTEMS FOR EUROPE      221

11.3.7    MACROECONOMIC OUTLOOK IN EUROPE        221

11.4       ASIA PACIFIC    222

11.4.1    CHINA  224

11.4.1.1 Government initiatives for development of smart homes to drive market  224

11.4.2    JAPAN  224

11.4.2.1 High penetration rate of internet in households to favor market growth   224

11.4.3    SOUTH KOREA 225

11.4.3.1 High demand for advanced security due to growing security concerns to propel market   225

11.4.4    AUSTRALIA       225

11.4.4.1 High demand for entertainment controls and security & access controls to boost market growth     225

11.4.5    REST OF ASIA PACIFIC  225

11.4.6    MACROECONOMIC OUTLOOK IN ASIA PACIFIC 226

11.5       ROW     226

11.5.1    SOUTH AMERICA           227

11.5.1.1 Government initiatives to support infrastructural development to boost market growth   227

11.5.2    MIDDLE EAST & AFRICA             227

11.5.2.1 Growing consumer awareness regarding benefits of smart appliances to fuel market growth     227

11.5.2.2 GCC countries     228

11.5.2.3 Rest of Middle East & Africa            228

11.5.3    MACROECONOMIC OUTLOOK IN ROW 229

12          COMPETITIVE LANDSCAPE       230

12.1       OVERVIEW        230

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          230

12.3       MARKET SHARE ANALYSIS         232

12.4       REVENUE ANALYSIS      233

12.5       COMPANY VALUATION AND FINANCIAL METRICS        234

12.6       BRAND/PRODUCT COMPARISON          235

12.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   235

12.7.1    STARS  235

12.7.2    EMERGING LEADERS    236

12.7.3    PERVASIVE PLAYERS     236

12.7.4    PARTICIPANTS 236

12.7.5    COMPANY FOOTPRINT 238

12.7.5.1 Company footprint            238

12.7.5.2 Product footprint 239

12.7.5.3 Offering footprint 240

12.7.5.4 Sales channel footprint      241

12.7.5.5 Installation type footprint  242

12.7.5.6 Region footprint  243

12.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          244

12.8.1    PROGRESSIVE COMPANIES       244

12.8.2    RESPONSIVE COMPANIES          244

12.8.3    DYNAMIC COMPANIES 244

12.8.4    STARTING BLOCKS       244

12.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             246

12.9       COMPETITIVE SCENARIOS        248

12.9.1    PRODUCT LAUNCHES  248

12.9.2    DEALS  249

13          COMPANY PROFILES    251

13.1       KEY PLAYERS   251

13.1.1    JOHNSON CONTROLS INC.        251

13.1.1.1 Business overview 251

13.1.1.2 Products/Solutions/Services offered 253

13.1.1.3 Recent developments         254

13.1.1.3.1            Product launches 254

13.1.1.3.2            Deals     254

13.1.1.4 MnM view           255

13.1.1.4.1            Key strengths       255

13.1.1.4.2            Strategic choices  255

13.1.1.4.3            Weaknesses & competitive threats   256

13.1.2    SCHNEIDER ELECTRIC 257

13.1.2.1 Business overview 257

13.1.2.2 Products/Solutions/Services offered 258

13.1.2.3 Recent developments         260

13.1.2.3.1            Product launches 260

13.1.2.3.2            Deals     261

13.1.2.4 MnM view           262

13.1.2.4.1            Key strengths       262

13.1.2.4.2            Strategic choices  262

13.1.2.4.3            Weaknesses & competitive threats   262

13.1.3    HONEYWELL INTERNATIONAL INC.      263

13.1.3.1 Business overview 263

13.1.3.2 Products/Solutions/Services offered 264

13.1.3.3 Recent developments         265

13.1.3.3.1            Product launches 265

13.1.3.3.2            Deals     266

13.1.3.4 MnM view           268

13.1.3.4.1            Key strengths       268

13.1.3.4.2            Strategic choices  269

13.1.3.4.3            Weaknesses & competitive threats   269

13.1.4    ASSA ABLOY     270

13.1.4.1 Business overview 270

13.1.4.2 Products/Solutions/Services offered 271

13.1.4.3 Recent developments         272

13.1.4.3.1            Product launches 272

13.1.4.3.2            Deals     273

13.1.4.4 MnM view           276

13.1.4.4.1            Key strengths       276

13.1.4.4.2            Strategic choices  276

13.1.4.4.3            Weaknesses & competitive threats   276

13.1.5    SIEMENS            277

13.1.5.1 Business overview 277

13.1.5.2 Products/Solutions/Services offered 278

13.1.5.3 Recent developments         279

13.1.5.3.1            Product launches 279

13.1.5.3.2            Deals     282

13.1.5.4 MnM view           284

13.1.5.4.1            Key strengths       284

13.1.5.4.2            Strategic choices  284

13.1.5.4.3            Weaknesses & competitive threats   284

13.1.6    AMAZON.COM, INC.      285

13.1.6.1 Business overview 285

13.1.6.2 Products/Solutions/Services offered 286

13.1.6.3 Recent developments         287

13.1.6.3.1            Product launches 287

13.1.6.3.2            Deals     289

13.1.7    APPLE INC.        290

13.1.7.1 Business overview 290

13.1.7.2 Products/Solutions/Services offered 291

13.1.7.3 Recent developments         292

13.1.7.3.1            Product launches 292

13.1.7.3.2            Deals     293

13.1.8    ADT      294

13.1.8.1 Business overview 294

13.1.8.2 Products/Solutions/Services offered 295

13.1.8.3 Recent developments         296

13.1.8.3.1            Product launches 296

13.1.8.3.2            Deals     297

13.1.8.3.3            Other developments          299

13.1.9    ROBERT BOSCH             300

13.1.9.1 Business overview 300

13.1.9.2 Products/Solutions/Services offered 301

13.1.9.3 Recent developments         302

13.1.9.3.1            Product launches 302

13.1.9.3.2            Deals     304

13.1.10  ABB       305

13.1.10.1             Business overview 305

13.1.10.2             Products/Solutions/Services offered 306

13.1.10.3             Recent developments         307

13.1.10.3.1          Product launches 307

13.1.10.3.2          Deals     308

13.2       OTHER PLAYERS           309

13.2.1    SAMSUNG ELECTRONICS           309

13.2.2    SONY CORPORATION   310

13.2.3    OOMA  311

13.2.4    WOZART TECHNOLOGIES PRIVATE LIMITED   312

13.2.5    CONTROL4       313

13.2.6    AXIS COMMUNICATIONS AB     314

13.2.7    COMCAST         315

13.2.8    ECOBEE             316

13.2.9    CRESTRON ELECTRONICS, INC.              317

13.2.10  SIMPLISAFE, INC.           318

13.2.11  SAVANT SYSTEMS, INC 319

13.2.12  CANARY CONNECT, INC.            320

13.2.13  LG ELECTRONICS          321

13.2.14  LUTRON ELECTRONICS CO., INC.           322

13.2.15  LEGRAND         323

14          APPENDIX         324

14.1       INSIGHTS FROM INDUSTRY EXPERTS   324

14.2       DISCUSSION GUIDE      324

14.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             327

14.4       CUSTOMIZATION OPTIONS      329

14.5       RELATED REPORTS       329

14.6       AUTHOR DETAILS         330

LIST OF TABLES

TABLE 1             SMART HOME MARKET: GROWTH FORECAST ASSUMPTIONS              44

TABLE 2             SMART HOME MARKET: RESEARCH ASSUMPTIONS       48

TABLE 3             SMART HOME MARKET: RISK ASSESSMENT       49

TABLE 4             ENERGY-SAVING POTENTIAL OF LIGHTING CONTROLS              61

TABLE 5             AVERAGE SELLING PRICE TREND, BY PRODUCT, 2018–2023 (USD)   69

TABLE 6             INDICATIVE PRICE TREND OF LIGHTING CONTROLS, BY REGION, 2019–2023 (USD)          70

TABLE 7             ROLES OF COMPANIES IN SMART HOME ECOSYSTEM   73

TABLE 8             INNOVATIONS AND PATENT REGISTRATIONS, 2022–2023              76

TABLE 9             IMPORT SCENARIO FOR HS CODE 8517-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)    79

TABLE 10           EXPORT SCENARIO FOR HS CODE 8517-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)    81

TABLE 11           KEY CONFERENCES AND EVENTS, 2024–2025     81

TABLE 12           MFN TARIFF FOR HS CODE 8517-COMPLIANT PRODUCTS EXPORTED BY US, 2023 84

TABLE 13           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 84

TABLE 14           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 85

TABLE 15           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 86

TABLE 16           REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         87

TABLE 17           SMART HOME MARKET: PORTER’S FIVE FORCES IMPACT              89

TABLE 18           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY SALES CHANNEL (%)     92

TABLE 19           KEY BUYING CRITERIA, BY SALES CHANNEL      92

TABLE 20           SMART HOME MARKET, BY SALES CHANNEL, 2020–2023 (USD MILLION)          109

TABLE 21           SMART HOME MARKET, BY SALES CHANNEL, 2024–2029 (USD MILLION)          109

TABLE 22           SMART HOME MARKET, BY PRODUCT, 2020–2023 (USD MILLION)          113

TABLE 23           SMART HOME MARKET, BY PRODUCT, 2024–2029 (USD MILLION)          113

TABLE 24           SMART HOME MARKET, BY PRODUCT, 2020–2023 (MILLION UNITS) 114

TABLE 25           SMART HOME MARKET, BY PRODUCT, 2024–2029 (MILLION UNITS) 114

TABLE 26           LIGHTING CONTROLS: SMART HOME MARKET, BY TYPE,

2020–2023 (USD MILLION)          115

TABLE 27           LIGHTING CONTROLS: SMART HOME MARKET, BY TYPE,

2024–2029 (USD MILLION)          116

TABLE 28           LIGHTING CONTROLS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          116

TABLE 29           LIGHTING CONTROLS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          116

TABLE 30           LIGHTING CONTROLS: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       117

TABLE 31           LIGHTING CONTROLS: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       117

TABLE 32           LIGHTING CONTROLS: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2020–2023 (USD MILLION)          117

TABLE 33           LIGHTING CONTROLS: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2024–2029 (USD MILLION)          118

TABLE 34           LIGHTING CONTROLS: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)          118

TABLE 35           LIGHTING CONTROLS: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)          118

TABLE 36           LIGHTING CONTROLS: SMART HOME MARKET FOR ROW, BY REGION,

2020–2023 (USD MILLION)          119

TABLE 37           LIGHTING CONTROLS: SMART HOME MARKET FOR ROW, BY REGION,

2024–2029 (USD MILLION)          119

TABLE 38           LIGHTING CONTROLS: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2020–2023 (USD MILLION)  119

TABLE 39           LIGHTING CONTROLS: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2024–2029 (USD MILLION)  119

TABLE 40           RELAYS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)          120

TABLE 41           RELAYS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)          120

TABLE 42           OCCUPANCY SENSORS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          121

TABLE 43           OCCUPANCY SENSORS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          121

TABLE 44           DAYLIGHT SENSORS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          122

TABLE 45           DAYLIGHT SENSORS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          122

TABLE 46           TIMERS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)          123

TABLE 47           TIMERS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)          123

TABLE 48           DIMMERS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)          124

TABLE 49           DIMMERS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)          124

TABLE 50           SWITCHES: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 125

TABLE 51           SWITCHES: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 125

TABLE 52           ACCESSORIES & OTHER PRODUCTS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          126

TABLE 53           ACCESSORIES & OTHER PRODUCTS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          126

TABLE 54           SECURITY & ACCESS CONTROLS: SMART HOME MARKET, BY TYPE,

2020–2023 (USD MILLION)          127

TABLE 55           SECURITY & ACCESS CONTROLS: SMART HOME MARKET, BY TYPE,

2024–2029 (USD MILLION)          127

TABLE 56           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            127

TABLE 57           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            127

TABLE 58           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            128

TABLE 59           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            128

TABLE 60           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)            128

TABLE 61           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)            129

TABLE 62           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR ROW, BY REGION, 2020–2023 (USD MILLION)     129

TABLE 63           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR ROW, BY REGION, 2024–2029 (USD MILLION)     129

TABLE 64           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR MIDDLE EAST & AFRICA, BY REGION, 2020–2023 (USD MILLION)             129

TABLE 65           SECURITY & ACCESS CONTROLS: SMART HOME MARKET FOR MIDDLE EAST & AFRICA, BY REGION, 2024–2029 (USD MILLION)             130

TABLE 66           VIDEO SURVEILLANCE: SMART HOME MARKET, BY TYPE,

2020–2023 (USD MILLION)          130

TABLE 67           VIDEO SURVEILLANCE: SMART HOME MARKET, BY TYPE,

2024–2029 (USD MILLION)          131

TABLE 68           VIDEO SURVEILLANCE: SMART HOME MARKET, BY HARDWARE,

2020–2023 (USD MILLION)          131

TABLE 69           VIDEO SURVEILLANCE: SMART HOME MARKET, BY HARDWARE,

2024–2029 (USD MILLION)          131

TABLE 70           VIDEO SURVEILLANCE: SMART HOME MARKET, BY CAMERA,

2020–2023 (USD MILLION)          132

TABLE 71           VIDEO SURVEILLANCE: SMART HOME MARKET, BY CAMERA,

2024–2029 (USD MILLION)          132

TABLE 72           ACCESS CONTROL: SMART HOME MARKET, BY TYPE, 2020–2023 (USD MILLION)     136

TABLE 73           ACCESS CONTROL: SMART HOME MARKET, BY TYPE, 2024–2029 (USD MILLION)     136

TABLE 74           ACCESS CONTROL: SMART HOME MARKET, BY HARDWARE,

2020–2023 (USD MILLION)          137

TABLE 75           ACCESS CONTROL: SMART HOME MARKET, BY HARDWARE,

2024–2029 (USD MILLION)          137

TABLE 76           HVAC CONTROLS: SMART HOME MARKET, BY TYPE, 2020–2023 (USD MILLION) 140

TABLE 77           HVAC CONTROLS: SMART HOME MARKET, BY TYPE, 2024–2029 (USD MILLION) 140

TABLE 78           HVAC CONTROLS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)     141

TABLE 79           HVAC CONTROLS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)     141

TABLE 80           HVAC CONTROLS: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       141

TABLE 81           HVAC CONTROLS: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       141

TABLE 82           HVAC CONTROLS: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2020–2023 (USD MILLION)          142

TABLE 83           HVAC CONTROLS: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2024–2029 (USD MILLION)          142

TABLE 84           HVAC CONTROLS: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY,

2020–2023 (USD MILLION)          142

TABLE 85           HVAC CONTROLS: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY,

2024–2029 (USD MILLION)          143

TABLE 86           HVAC CONTROLS: SMART HOME MARKET FOR ROW, BY REGION,

2020–2023 (USD MILLION)          143

TABLE 87           HVAC CONTROLS: SMART HOME MARKET FOR ROW, BY REGION,

2024–2029 (USD MILLION)          143

TABLE 88           HVAC CONTROLS: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2020–2023 (USD MILLION)  143

TABLE 89           HVAC CONTROLS: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2024–2029 (USD MILLION)  144

TABLE 90           SMART THERMOSTATS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          144

TABLE 91           SMART THERMOSTATS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          145

TABLE 92           SENSORS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)          145

TABLE 93           SENSORS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)          146

TABLE 94           CONTROL VALVES: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          146

TABLE 95           CONTROL VALVES: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          146

TABLE 96           HEATING & COOLING COILS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          147

TABLE 97           HEATING & COOLING COILS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          147

TABLE 98           DAMPERS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)          148

TABLE 99           DAMPERS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)          148

TABLE 100         ACTUATORS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 148

TABLE 101         ACTUATORS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 149

TABLE 102         PUMPS & FANS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 149

TABLE 103         PUMPS & FANS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 149

TABLE 104         SMART VENTS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 150

TABLE 105         SMART VENTS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 150

TABLE 106         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET, BY TYPE,

2020–2023 (USD MILLION)          151

TABLE 107         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET, BY TYPE,

2024–2029 (USD MILLION)          151

TABLE 108         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)            151

TABLE 109         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)            152

TABLE 110         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR

NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       152

TABLE 111         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR

NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       152

TABLE 112         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            152

TABLE 113         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            153

TABLE 114         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)    153

TABLE 115         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)    153

TABLE 116         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR ROW,

BY REGION, 2020–2023 (USD MILLION)  154

TABLE 117         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR ROW,

BY REGION, 2024–2029 (USD MILLION)  154

TABLE 118         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR

MIDDLE EAST & AFRICA, BY REGION, 2020–2023 (USD MILLION)             154

TABLE 119         ENTERTAINMENT & OTHER CONTROLS: SMART HOME MARKET FOR

MIDDLE EAST & AFRICA, BY REGION, 2024–2029 (USD MILLION)             154

TABLE 120         ENTERTAINMENT CONTROLS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          155

TABLE 121         ENTERTAINMENT CONTROLS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          155

TABLE 122         ENTERTAINMENT CONTROLS: SMART HOME MARKET, BY TYPE,

2020–2023 (USD MILLION)          155

TABLE 123         ENTERTAINMENT CONTROLS: SMART HOME MARKET, BY TYPE,

2024–2029 (USD MILLION)          156

TABLE 124         AUDIO & VOLUME CONTROLS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          156

TABLE 125         AUDIO & VOLUME CONTROLS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          157

TABLE 126         HOME THEATER SYSTEM CONTROLS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          157

TABLE 127         HOME THEATER SYSTEM CONTROLS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          158

TABLE 128         TOUCHSCREENS & KEYPADS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          158

TABLE 129         TOUCHSCREENS & KEYPADS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          159

TABLE 130         OTHER CONTROLS: SMART HOME MARKET, BY TYPE, 2020–2023 (USD MILLION)     159

TABLE 131         OTHER CONTROLS: SMART HOME MARKET, BY TYPE, 2024–2029 (USD MILLION)     159

TABLE 132         OTHER CONTROLS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          160

TABLE 133         OTHER CONTROLS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          160

TABLE 134         SMART METERS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)     160

TABLE 135         SMART METERS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)     161

TABLE 136         SMART PLUGS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 161

TABLE 137         SMART PLUGS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 161

TABLE 138         SMART HUBS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 162

TABLE 139         SMART HUBS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 162

TABLE 140         SMART LOCKS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 163

TABLE 141         SMART LOCKS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 163

TABLE 142         SMOKE DETECTORS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          163

TABLE 143         SMOKE DETECTORS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          164

TABLE 144         SMART SPEAKERS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          164

TABLE 145         SMART SPEAKERS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          165

TABLE 146         SMART SPEAKERS: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       165

TABLE 147         SMART SPEAKERS: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       165

TABLE 148         SMART SPEAKERS: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2020–2023 (USD MILLION)          165

TABLE 149         SMART SPEAKER: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2024–2029 (USD MILLION)          166

TABLE 150         SMART SPEAKERS: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)            166

TABLE 151         SMART SPEAKERS: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)            166

TABLE 152         SMART SPEAKERS: SMART HOME MARKET FOR ROW, BY REGION,

2020–2023 (USD MILLION)          167

TABLE 153         SMART SPEAKERS: SMART HOME MARKET FOR ROW, BY REGION,

2024–2029 (USD MILLION)          167

TABLE 154         SMART SPEAKERS: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2020–2023 (USD MILLION)  167

TABLE 155         SMART SPEAKERS: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2024–2029 (USD MILLION)  167

TABLE 156         HOME HEALTHCARE: SMART HOME MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          168

TABLE 157         HOME HEALTHCARE: SMART HOME MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          169

TABLE 158         HOME HEALTHCARE: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          169

TABLE 159         HOME HEALTHCARE: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          169

TABLE 160         HOME HEALTHCARE: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       169

TABLE 161         HOME HEALTHCARE: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       170

TABLE 162         HOME HEALTHCARE: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2020–2023 (USD MILLION)          170

TABLE 163         HOME HEALTHCARE: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2024–2029 (USD MILLION)          170

TABLE 164         HOME HEALTHCARE: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)          171

TABLE 165         HOME HEALTHCARE: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)          171

TABLE 166         HOME HEALTHCARE: SMART HOME MARKET FOR ROW, BY REGION,

2020–2023 (USD MILLION)          171

TABLE 167         HOME HEALTHCARE: SMART HOME MARKET FOR ROW, BY REGION,

2024–2029 (USD MILLION)          171

TABLE 168         HOME HEALTHCARE: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2020–2023 (USD MILLION)  172

TABLE 169         HOME HEALTHCARE: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2024–2029 (USD MILLION)  172

TABLE 170         HEALTH STATUS MONITORS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          172

TABLE 171         HEALTH STATUS MONITORS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          173

TABLE 172         PHYSICAL ACTIVITY MONITORS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          175

TABLE 173         PHYSICAL ACTIVITY MONITORS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          175

TABLE 174         SMART KITCHEN: SMART HOME MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          176

TABLE 175         SMART KITCHEN: SMART HOME MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          176

TABLE 176         SMART KITCHEN: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)     176

TABLE 177         SMART KITCHEN: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)     177

TABLE 178         SMART KITCHEN: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       177

TABLE 179         SMART KITCHEN: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       177

TABLE 180         SMART KITCHEN: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2020–2023 (USD MILLION)          177

TABLE 181         SMART KITCHEN: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2024–2029 (USD MILLION)          178

TABLE 182         SMART KITCHEN: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY,

2020–2023 (USD MILLION)          178

TABLE 183         SMART KITCHEN: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY,

2024–2029 (USD MILLION)          178

TABLE 184         SMART KITCHEN: SMART HOME MARKET FOR ROW, BY REGION,

2020–2023 (USD MILLION)          179

TABLE 185         SMART KITCHEN: SMART HOME MARKET FOR ROW, BY REGION,

2024–2029 (USD MILLION)          179

TABLE 186         SMART KITCHEN: SMART HOME MARKET FOR MIDDLE EAST & AFRICA, BY REGION, 2020–2023 (USD MILLION) 179

TABLE 187         SMART KITCHEN: SMART HOME MARKET FOR MIDDLE EAST & AFRICA, BY REGION, 2024–2029 (USD MILLION) 179

TABLE 188         SMART REFRIGERATORS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          180

TABLE 189         SMART REFRIGERATORS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          180

TABLE 190         SMART COFFEE MAKERS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          181

TABLE 191         SMART COFFEE MAKERS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          181

TABLE 192         SMART KETTLES: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)     182

TABLE 193         SMART KETTLES: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)     182

TABLE 194         SMART DISHWASHERS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          183

TABLE 195         SMART DISHWASHERS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          183

TABLE 196         SMART OVENS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 183

TABLE 197         SMART OVENS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 184

TABLE 198         SMART COOKTOPS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          184

TABLE 199         SMART COOKTOPS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          184

TABLE 200         SMART COOKERS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          185

TABLE 201         SMART COOKERS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          185

TABLE 202         HOME APPLIANCES: SMART HOME MARKET, BY TYPE, 2020–2023 (USD MILLION)     186

TABLE 203         HOME APPLIANCES: SMART HOME MARKET, BY TYPE, 2024–2029 (USD MILLION)     186

TABLE 204         HOME APPLIANCES: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          186

TABLE 205         HOME APPLIANCES: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          187

TABLE 206         HOME APPLIANCES: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       187

TABLE 207         HOME APPLIANCES: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       187

TABLE 208         HOME APPLIANCES: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2020–2023 (USD MILLION)          187

TABLE 209         HOME APPLIANCES: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2024–2029 (USD MILLION)          188

TABLE 210        HOME APPLIANCES: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)            188

TABLE 211        HOME APPLIANCES: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)            188

TABLE 212         HOME APPLIANCES: SMART HOME MARKET FOR ROW, BY REGION,

2020–2023 (USD MILLION)          189

TABLE 213         HOME APPLIANCES: SMART HOME MARKET FOR ROW, BY REGION,

2024–2029 (USD MILLION)          189

TABLE 214         HOME APPLIANCES: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2020–2023 (USD MILLION)  189

TABLE 215         HOME APPLIANCES: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2024–2029 (USD MILLION)  189

TABLE 216         SMART WASHERS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          190

TABLE 217         SMART WASHERS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          190

TABLE 218         SMART DRYERS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 191

TABLE 219         SMART DRYERS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 191

TABLE 220         SMART WATER HEATERS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          191

TABLE 221         SMART WATER HEATERS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          192

TABLE 222         SMART VACUUM CLEANERS: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          192

TABLE 223         SMART VACUUM CLEANERS: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          193

TABLE 224         SMART FURNITURE: SMART HOME MARKET, BY TYPE, 2020–2023 (USD MILLION)     193

TABLE 225         SMART FURNITURE: SMART HOME MARKET, BY TYPE, 2024–2029 (USD MILLION)     194

TABLE 226         SMART FURNITURE: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          194

TABLE 227         SMART FURNITURE: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          194

TABLE 228         SMART FURNITURE: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       194

TABLE 229         SMART FURNITURE: SMART HOME MARKET FOR NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       195

TABLE 230         SMART FURNITURE: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2020–2023 (USD MILLION)          195

TABLE 231         SMART FURNITURE: SMART HOME MARKET FOR EUROPE, BY COUNTRY,

2024–2029 (USD MILLION)          195

TABLE 232        SMART FURNITURE: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)            196

TABLE 233        SMART FURNITURE: SMART HOME MARKET FOR ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)            196

TABLE 234         SMART FURNITURE: SMART HOME MARKET FOR ROW, BY REGION,

2020–2023 (USD MILLION)          196

TABLE 235         SMART FURNITURE: SMART HOME MARKET FOR ROW, BY REGION,

2024–2029 (USD MILLION)          196

TABLE 236         SMART FURNITURE: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2020–2023 (USD MILLION)  197

TABLE 237         SMART FURNITURE: SMART HOME MARKET FOR MIDDLE EAST & AFRICA,

BY REGION, 2024–2029 (USD MILLION)  197

TABLE 238         SMART TABLES: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 197

TABLE 239         SMART TABLES: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 198

TABLE 240         SMART DESKS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 198

TABLE 241         SMART DESKS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 199

TABLE 242         SMART STOOLS & BENCHES: SMART HOME MARKET, BY REGION,

2020–2023 (USD MILLION)          199

TABLE 243         SMART STOOLS & BENCHES: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          199

TABLE 244         SMART SOFAS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 200

TABLE 245         SMART SOFAS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 200

TABLE 246         SMART CHAIRS: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION) 201

TABLE 247         SMART CHAIRS: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION) 201

TABLE 248         SMART HOME MARKET, BY OFFERING, 2020–2023 (USD MILLION)          204

TABLE 249         SMART HOME MARKET, BY OFFERING, 2024–2029 (USD MILLION)          204

TABLE 250         SMART HOME MARKET, BY INSTALLATION TYPE, 2020–2023 (USD MILLION) 208

TABLE 251         SMART HOME MARKET, BY INSTALLATION TYPE, 2024–2029 (USD MILLION) 208

TABLE 252         SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)              211

TABLE 253         SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)              212

TABLE 254         NORTH AMERICA: SMART HOME MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          213

TABLE 255         NORTH AMERICA: SMART HOME MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          214

TABLE 256         NORTH AMERICA: RANKING OF SMART CONTROL ECOSYSTEMS   216

TABLE 257         NORTH AMERICA: IMPACTFUL SMART CONTROLS/HUBS/PLATFORMS             216

TABLE 258         EUROPE: SMART HOME MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 218

TABLE 259         EUROPE: SMART HOME MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 219

TABLE 260         EUROPE: RANKING OF SMART CONTROL ECOSYSTEMS              221

TABLE 261         EUROPE: IMPACTFUL SMART CONTROLS/HUBS/PLATFORMS              221

TABLE 262         ASIA PACIFIC: SMART HOME MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 223

TABLE 263         ASIA PACIFIC: SMART HOME MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 224

TABLE 264         ROW: SMART HOME MARKET, BY REGION, 2020–2023 (USD MILLION)          226

TABLE 265         ROW: SMART HOME MARKET, BY REGION, 2024–2029 (USD MILLION)          226

TABLE 266        MIDDLE EAST & AFRICA: SMART HOME MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          228

TABLE 267         MIDDLE EAST & AFRICA: SMART HOME MARKET, BY REGION,

2024–2029 (USD MILLION)          228

TABLE 268         OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS              230

TABLE 269         SMART HOME MARKET: DEGREE OF COMPETITION, 2023              233

TABLE 270         SMART HOME MARKET: PRODUCT FOOTPRINT             239

TABLE 271         SMART HOME MARKET: OFFERING FOOTPRINT            240

TABLE 272         SMART HOME MARKET: SALES CHANNEL FOOTPRINT 241

TABLE 273         SMART HOME MARKET: INSTALLATION TYPE FOOTPRINT              242

TABLE 274         SMART HOME MARKET: REGION FOOTPRINT   243

TABLE 275         SMART HOME MARKET: DETAILED LIST OF KEY STARTUPS/SMES           246

TABLE 276         SMART HOME MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES   247

TABLE 277         SMART HOME MARKET: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024          248

TABLE 278         SMART HOME MARKET: DEALS, JANUARY 2021–JUNE 2024              249

TABLE 279         JOHNSON CONTROLS INC.: COMPANY OVERVIEW         251

TABLE 280         JOHNSON CONTROLS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   253

TABLE 281         JOHNSON CONTROLS INC.: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024 254

TABLE 282         JOHNSON CONTROLS INC.: DEALS, JANUARY 2021–JUNE 2024              254

TABLE 283         SCHNEIDER ELECTRIC: COMPANY OVERVIEW  257

TABLE 284         SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          258

TABLE 285         SCHNEIDER ELECTRIC: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024          260

TABLE 286         SCHNEIDER ELECTRIC: DEALS, JANUARY 2021–JUNE 2024              261

TABLE 287         HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW              263

TABLE 288         HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   264

TABLE 289         HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES,

JANUARY 2021–JUNE 2024           265

TABLE 290         HONEYWELL INTERNATIONAL INC.: DEALS, JANUARY 2021–JUNE 2024          266

TABLE 291         ASSA ABLOY: COMPANY OVERVIEW      270

TABLE 292         ASSA ABLOY: PRODUCTS/SOLUTIONS/SERVICES OFFERED              271

TABLE 293         ASSA ABLOY: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024              272

TABLE 294         ASSA ABLOY: DEALS, JANUARY 2021–JUNE 2024 273

TABLE 295         SIEMENS: COMPANY OVERVIEW            277

TABLE 296         SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              278

TABLE 297         SIEMENS: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024              279

TABLE 298         ASSA ABLOY: DEALS, JANUARY 2021–JUNE 2024 282

TABLE 299         AMAZON.COM, INC.: COMPANY OVERVIEW       285

TABLE 300         AMAZON.COM, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          286

TABLE 301         AMAZON.COM, INC.: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024          287

TABLE 302         AMAZON.COM, INC.: DEALS, JANUARY 2021–JUNE 2024  289

TABLE 303         APPLE INC.: COMPANY OVERVIEW        290

TABLE 304         APPLE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              291

TABLE 305         APPLE INC.: PRODUCT LAUNCHES/ENHANCEMENTS, JANUARY 2021–JUNE 2024           292

TABLE 306         APPLE INC.: DEALS, JANUARY 2021–JUNE 2024   293

TABLE 307         ADT: COMPANY OVERVIEW      294

TABLE 308         ADT: PRODUCTS/SOLUTIONS/SERVICES OFFERED       295

TABLE 309         ADT: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024  296

TABLE 310         ADT: DEALS, JANUARY 2021–JUNE 2024 297

TABLE 311         ADT: OTHER DEVELOPMENTS, JANUARY 2021–JUNE 2024              299

TABLE 312         ROBERT BOSCH: COMPANY OVERVIEW 300

TABLE 313         ROBERT BOSCH: PRODUCTS/SOLUTIONS/SERVICES OFFERED              301

TABLE 314         ROBERT BOSCH: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024      302

TABLE 315         ROBERT BOSCH: DEALS, JANUARY 2021–JUNE 2024         304

TABLE 316         ABB: COMPANY OVERVIEW       305

TABLE 317         ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED        306

TABLE 318         ABB: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024  307

TABLE 319         ABB: DEALS, JANUARY 2021–JUNE 2024  308

LIST OF FIGURES

FIGURE 1           SMART HOME MARKET SEGMENTATION AND REGIONAL SCOPE  33

FIGURE 2           SMART HOME MARKET: RESEARCH DESIGN      37

FIGURE 3           SMART HOME MARKET: RESEARCH APPROACH 39

FIGURE 4           SMART HOME MARKET: SUPPLY-SIDE ANALYSIS            43

FIGURE 5           REVENUE GENERATED FROM SALES OF SMART HOME SOLUTIONS      43

FIGURE 6           MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS  44

FIGURE 7           SMART HOME MARKET: BOTTOM-UP APPROACH         46

FIGURE 8           SMART HOME MARKET: TOP-DOWN APPROACH           47

FIGURE 9           SMART HOME MARKET: DATA TRIANGULATION           48

FIGURE 10         SMART HOME MARKET, 2020–2029 (USD MILLION)        50

FIGURE 11         DAYLIGHT SENSORS TO WITNESS HIGHEST GROWTH IN LIGHTING CONTROLS MARKET DURING FORECAST PERIOD    51

FIGURE 12         PROACTIVE SEGMENT TO REGISTER HIGHER GROWTH BETWEEN 2024 & 2029   51

FIGURE 13         SMART KITCHEN SEGMENT TO REGISTER HIGHEST GROWTH DURING

FORECAST PERIOD       52

FIGURE 14         ASIA PACIFIC MARKET TO WITNESS HIGHEST GROWTH FROM 2024 TO 2029     53

FIGURE 15         GROWING NEED FOR ENERGY-SAVING AND LOW CARBON EMISSION-ORIENTED SOLUTIONS TO DRIVE MARKET 54

FIGURE 16         DAMPERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       54

FIGURE 17         INDIRECT SALES SEGMENT TO REGISTER HIGHER CAGR DURING

FORECAST PERIOD       55

FIGURE 18         SMART DISHWASHERS TO REGISTER HIGHEST GROWTH DURING

FORECAST PERIOD       55

FIGURE 19         RETROFIT INSTALLATIONS TO WITNESS HIGH GROWTH BETWEEN 2024 & 2029   56

FIGURE 20         NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2024              56

FIGURE 21         CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD              57

FIGURE 22         SMART HOME MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES        58

FIGURE 23         IMPACT OF DRIVERS ON SMART HOME MARKET           59

FIGURE 24         GLOBAL INTERNET USERS (BILLION)   60

FIGURE 25         IMPACT OF RESTRAINTS ON SMART HOME MARKET    62

FIGURE 26         IMPACT OF OPPORTUNITIES ON SMART HOME MARKET              64

FIGURE 27         IMPACT OF CHALLENGES ON SMART HOME MARKET  66

FIGURE 28         TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS              68

FIGURE 29         AVERAGE SELLING PRICE TREND FOR TOP PLAYERS, BY SMART LOCK    69

FIGURE 30         SMART HOME MARKET: VALUE CHAIN ANALYSIS          70

FIGURE 31         KEY PLAYERS IN SMART HOME ECOSYSTEM     72

FIGURE 32         US: SMART HOME STARTUP FUNDING 74

FIGURE 33         LIST OF MAJOR PATENTS RELATED TO SMART HOME, 2013–2023      78

FIGURE 34         IMPORT DATA FOR HS CODE 8517-COMPLIANT PRODUCTS, BY COUNTRY,

2019–2023 (USD MILLION)          79

FIGURE 35         EXPORT DATA FOR HS CODE 8517-COMPLIANT PRODUCTS, BY COUNTRY,

2019–2023 (USD MILLION)          80

FIGURE 36         SMART HOME MARKET: PORTER’S FIVE FORCES ANALYSIS              90

FIGURE 37         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY SALES CHANNEL            91

FIGURE 38         KEY BUYING CRITERIA, BY SALES CHANNEL      92

FIGURE 39         MAJOR APPLICATIONS OF AI INTEGRATION IN SMART HOME ECOSYSTEM     93

FIGURE 40         SMART HOME PROTOCOLS AND TECHNOLOGIES         96

FIGURE 41         GSM/HSPA NETWORK SETUP   97

FIGURE 42         WIRING FOR DALI FLUORESCENT DIMMING     98

FIGURE 43         LONWORKS NETWORK SETUP  101

FIGURE 44         WIRELESS COMMUNICATION TECHNOLOGIES 103

FIGURE 45         INDIRECT SALES SEGMENT TO HOLD LARGEST MARKET DURING

FORECAST PERIOD       109

FIGURE 46         ENTERTAINMENT AND OTHER CONTROLS SEGMENT TO

DOMINATE MARKET IN 2024     112

FIGURE 47         PROACTIVE OFFERING SEGMENT TO REGISTER HIGHEST GROWTH

DURING FORECAST PERIOD     204

FIGURE 48         NEW INSTALLATIONS SEGMENT TO DOMINATE MARKET DURING

FORECAST PERIOD       208

FIGURE 49         NORTH AMERICA TO DOMINATE MARKET IN 2024        211

FIGURE 50         NORTH AMERICA: SMART HOME MARKET SNAPSHOT  213

FIGURE 51         EUROPE: SMART HOME MARKET SNAPSHOT    218

FIGURE 52         ASIA PACIFIC: SMART HOME MARKET SNAPSHOT         223

FIGURE 53         SMART HOME MARKET SHARE ANALYSIS, 2023 232

FIGURE 54         REVENUE ANALYSIS OF TOP PLAYERS IN SMART HOME MARKET,

2020–2023 (USD MILLION)          233

FIGURE 55         SMART HOME MARKET: COMPANY VALUATION AND FINANCIAL METRICS    234

FIGURE 56         FINANCIAL METRICS (EV/EBITDA), 2023            234

FIGURE 57         SMART HOME MARKET: BRAND/PRODUCT COMPARISON              235

FIGURE 58         SMART HOME MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023     237

FIGURE 59         SMART HOME MARKET: COMPANY FOOTPRINT            238

FIGURE 60         SMART HOME MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023             245

FIGURE 61         JOHNSON CONTROLS INC.: COMPANY SNAPSHOT        252

FIGURE 62         SCHNEIDER ELECTRIC: COMPANY SNAPSHOT  258

FIGURE 63         HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT              264

FIGURE 64         ASSA ABLOY: COMPANY SNAPSHOT      271

FIGURE 65         SIEMENS: COMPANY SNAPSHOT            278

FIGURE 66         AMAZON.COM, INC.: COMPANY SNAPSHOT      286

FIGURE 67         APPLE INC.: COMPANY SNAPSHOT        291

FIGURE 68         ADT: COMPANY SNAPSHOT      295

FIGURE 69         ROBERT BOSCH: COMPANY SNAPSHOT             301

FIGURE 70         ABB: COMPANY SNAPSHOT       306