Get more information about the market: https://www.imarcgroup.com/home-automation-system-market The global home automation system market size was US$ 51.9 Billion in 2018, growing at a CAGR of 7.8% during 2011-2018. On account of these factors, the market value is anticipated to reach US$ 84.4 Billion by 2024, expanding at a CAGR of 8.5% during 2019-2024. Want more information about this market? Request a free report sample: https://www.imarcgroup.com/home-automation-system-market/requestsample For India market research reports, visit: http://www.marketresearchindia.co.in Browse Related Report Mobile Payment Market Report: https://www.imarcgroup.com/mobile-payment-market Smart Lighting Market Report: https://www.imarcgroup.com/smart-lighting-market Contact Us IMARC Group James Smith Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 | https://www.imarcgroup.com Americas :- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 Linkedin: https://www.linkedin.com/company/imarc-group

1. Copyright © IMARC Service Pvt Ltd. All Rights Reserved
Global Home
Automation System
Market Research
Report and Forecast
2024
Report Edition: 2019
© 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group
The International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all sectors
and regions to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.

3. Report DescriptionReport Description and Highlights
Global Home Automation System Market Overview:
As per the latest report by IMARC Group, titled “Home Automation System Market: Global Industry
Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global home automation
system market size was US$ 51.9 Billion in 2018, growing at a CAGR of 7.8% during 2011-2018. Home
automation systems refer to computer-dependent control system which are installed in homes to
automate, control and monitor several appliances and electrical equipment. The systems utilize a
combination of hardware and software that enables control over devices around the house with the
touch of a button. They include automated ventilation, heating, cooling entertainment, lighting,
power, alarm and security systems. They employ sensors, actuators and control devices to detect
triggers and further send data to the central controller installing these systems in residential premises
offers various benefits such as improved security and energy savings.
Home Automation System Market Trends
Increase in safety and security concerns and growing awareness about efficient energy use are the two
primary factors driving the market growth. This, coupled with stringent regulation by governments
across the globe emphasizing on efficient energy consumption, has led to the widespread installation
of automation systems in commercial and residential sectors.

4. Report DescriptionReport Description and Highlights
120.2
125.5 130.8 136.1 141.4 146.7 152.0 157.3
0
20
40
60
80
100
120
140
160
2011 2012 2013 2014 2015 2016 2017 2018
inBillionUS$
160.0 165.3 170.6 175.9 181.2 186.5
0
20
40
60
80
100
120
140
160
180
2019 2020 2021 2022 2023 2024
InBillionUS$
Apart from this, green buildings are rapidly gaining popularity as they are environmentally responsible
and resource-efficient. Since they utilize home automation technologies for managing energy use, the
sales of these systems are proliferating worldwide. On account of these factors, the market value in
anticipated to reach US$ 84.4 Billion by 2024, expanding at a CAGR of 8.5T% during 2019-2024.
Request for a free sample report: https://www.imarcgroup.com/home-automation-system-
market/requestsample

5. Report DescriptionReport Description and Highlights
Furthermore, an expanding base of wireless technologies, automation applications based on
smartphones, and increasing penetration internet connectivity are also contributing to the market
growth.
Key Market Segmentation:
Market Segmentation by Type
• Managed Home Automation Systems
• Mainstream Home Automation Systems
• DIY (Do-It-Yourself) Home Automation Systems
• Luxury (Custom) Home Automation Systems
Base on the type, managed home automation system accounts for the majority of the total market
share. Other major segments include luxury, mainstream and Do-It-Yourself systems.
Market Segmentation by Application
• Lighting Control
• Security and Access Control

6. Report Description
Report Description and Highlights
• HVAC Control
• Entertainment and Other Controls
On the basis of application, the market has been divided into lighting control, security and access
control, HVAC control, entertainment and other controls. Amongst these, security and access control
systems currently represent the most popular application segment.
Market Segmentation by Region
• Asia Pacific
• Europe
• North America
• Middle East and Africa
• Latin America
On the geographical front, the market has been segregated into North America, Europe, Asia and Rest
of the world. Currently, Asia holds the dominant market share.
Competitive Landscape:

7. Report DescriptionReport Description and Highlights
The competitive landscape of the market has also been examined with some of the key players.
• Siemens AG
• Honeywell International, Inc.
• Johnson Controls Inc.
• Schneider Electric SE
• Legrand
• Ingersoll-Rand PLC
• ABB Ltd.
• Acuity Brands, Inc.
• Samsung Electronics Co., Ltd.
For more information, click here: https://www.imarcgroup.com/home-automation-system-market

8. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

10. Report DescriptionReport Description and Highlights
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of
International Market Analysis Research and Consulting (IMARC). No part of this publication may be
reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be
used in any form or by and means graphic electronic or mechanical, including photocopying, recording,
taping or by information storage or retrieval, or by any other form, without the express consent of
International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been
based on information and sources believed to be accurate and reliable at the time of publishing.
International Market Analysis Research and Consulting makes no representation of warranty of any kind as to
the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any
loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market
Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of
their respective companies.

11. FOR MORE DETAILS
Visit us at :
Stay With Us:
TELEPHONE: +1-631-791-1145
E-MAIL: sales@imarcgroup.com
https://www.imarcgroup.com
Contact Us