The global smart home market is driven by factors such as increasing consumer awareness of energy consumption, an aging population, and higher disposable incomes. The market allows home security, convenience, connectivity, energy efficiency and remote health monitoring. However, limited consumer demand and high prices restrain market growth. The research methodology uses a combination of top-down and bottom-up approaches with data triangulation to ensure high-quality, actionable insights. The market is segmented by application and software/services. Key players include Siemens AG, United Technologies Corporation, General Electric Company, Schneider Electric Se, Honeywell International, Inc., Ingersoll-Rand PLC, Johnson Controls, Inc., ABB Ltd., Legrand S.A.,

1. Smart Home Market
Forecast – 2014 To 2022

2.  Understanding of the strategies that are being adopted by the key players
in this market to stay competitive
 Granular analysis about the growth map of the market during the next
five years
 Comprehensive analysis of the key market players and their market share
 Browse the report : Smart Home Market
Key Benefits Of The Report

3.  The global market for smart home is driven by certain factors such as increasing
consumer awareness associated with energy consumption, escalating aging
population, growing disposable income in various developing economies, and
initiatives taken by government.
 Additionally, growing demand for home healthcare is boosting the market growth of
smart home. Major factors that have driven the adoption of smart home are home
security, convenience/productivity, connectivity, energy efficiency, entertainment, and
remote health monitoring.
 However, limited consumer demand along with high prices and long cycles of device
replacement are key restraining factors preventing the market for smart home from
moving to the mass adoption stage from the early-adopter stage.
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Key Premium Industry Insights

4. Microeconomic
Indicators
Mesoeconomic
Indicators
Macroeconomic
Indicators
Data Collection
& Analysis
 The research methodology for Scalar Market Research’s smart home market report
utilizes a combination of top-down and bottom-up research formats.
 Our primary focus on continuous market tracking, rigorous fact-checking, data-
triangulation, and multiple layers of quality control ensures high-quality data that
can be leveraged for actionable research insights.
 Browse the report : Smart Home Market
Research Methodology

5. Market Segmentation
• Smart Home Market, by Application
• Lighting Control
• Security and Access Control
• HVAC Control
• Entertainment And Other Control
• Home Healthcare
• Smart Kitchen
• Home Appliances
• Smart Home Market, by Software and Service
• Behavioral
• Proactive

6. Key Market Players
 Siemens AG
 United Technologies Corporation
 General Electric Company
 Schneider Electric Se
 Honeywell International, Inc.
 Ingersoll-Rand PLC
 Johnson Controls, Inc.
 ABB Ltd.
 Legrand S.A.
 Samsung Electronics Co., Ltd.
 Acuity Brands, Inc.

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