Pune, India -- (SBWIRE) -- 11/08/2018 -- Smart home system is an intelligent web-connected electronic system which is designed to operate stand-alone or in a network with other devices. With recent developments across different areas of connectivity of appliances and devices, these systems enable users to monitor and control them even when they are on the move. This includes mobile connectivity features, an integral component of smart homes provided by device manufacturers; and compatible communication protocol and technology based products offered by Internet Service Providers. New technology is enabling the creation of smart homes, integrating devices to make the home a better place to be in terms of safety, comfort, productivity and well-being.

In 2017, the global Smart Home market size was 24700 million US$ and it is expected to reach 58200 million US$ by the end of 2025, with a CAGR of 11.3% during 2018-2025.

This report focuses on the global Smart Home status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Home development in United States, Europe and China.

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The key players covered in this study

ADT

Honeywell

Vivint

Nortek

Crestron

Lutron

Leviton

Comcast

ABB

Acuity Brands

Alarm.com

Control4

Schneider Electric

Time Warner Cable

Siemens AG

Sony

Savant

Nest

AMX

Legrand

Market segment by Type, the product can be split into

Smart Home Water Sensor

Smart Home Water Controller

Market segment by Application, split into

Commercial

Residential

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

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The study objectives of this report are:

To analyze global Smart Home status, future forecast, growth opportunity, key market and key players.

To present the Smart Home development in United States, Europe and China.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Smart Home are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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