Australia markets close in 1 hour 11 minutes
  • ALL ORDS

    7,328.40
    -91.40 (-1.23%)
     
  • ASX 200

    7,095.60
    -77.20 (-1.08%)
     
  • AUD/USD

    0.7830
    -0.0004 (-0.06%)
     
  • OIL

    64.39
    -0.53 (-0.82%)
     
  • GOLD

    1,836.90
    -0.70 (-0.04%)
     
  • BTC-AUD

    70,795.78
    -5,384.50 (-7.07%)
     
  • CMC Crypto 200

    1,464.80
    -96.50 (-6.18%)
     
  • AUD/EUR

    0.6446
    -0.0006 (-0.09%)
     
  • AUD/NZD

    1.0778
    -0.0001 (-0.00%)
     
  • NZX 50

    12,601.68
    -57.33 (-0.45%)
     
  • NASDAQ

    13,359.08
    -360.55 (-2.63%)
     
  • FTSE

    7,123.68
    -6.03 (-0.08%)
     
  • Dow Jones

    34,742.82
    -34.94 (-0.10%)
     
  • DAX

    15,400.41
    +0.76 (+0.00%)
     
  • Hang Seng

    27,982.21
    -613.45 (-2.15%)
     
  • NIKKEI 225

    28,591.09
    -927.25 (-3.14%)
     

Expecting 12.4% CAGR for Global Smart Homes Systems Market Size & Share to Hit USD 171,291 Million by 2025: Facts & Factors

Facts & Factors
·7-min read

According to the [195+ Pages] research report; the global Smart Homes Systems Market in 2018 was approximately USD 75,240 million. The market is expected to grow at a CAGR of 12.4% and is anticipated to reach around USD 171,291 million by 2025. Top market players are Alarm.com, Amazon.com, Inc., Chiyu Technology Co., Ltd., Control4, Crestron Electronics, Google LLC, Leviton Manufacturing Company, Inc. and others.

New York, NY, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Smart Homes Systems Market By Product (Lighting Control, Home Appliances, Security & Access Control, Entertainment & Other Controls, HVAC Control, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025”.

According to the research study, the global Smart Homes Systems Market was estimated at USD 75,240 million in 2018 and is expected to reach USD 171,291 million by 2025. The global Smart Homes Systems Market is expected to grow at a compound annual growth rate (CAGR) of 12.4% from 2019 to 2025.

Smart home systems help in monitoring the heating, air conditioning, and television facilities in the households. They also offer services like home security, access monitoring, and alarm system solutions to consumers. Through the integration of smart home systems with the web, the former can be controlled through the utilization of mobile equipment. Moreover, a smart home system connects controlled equipment with a server or central hub. Additionally, the system can be controlled via wall-mounted screens, tablet computers or desktops, a mobile application, and a web interface. It can also be regulated from a distant location or site through the use of the internet.

Get Updated Free Sample Report of Smart Homes Systems Market @ https://www.fnfresearch.com/sample/smart-homes-systems-market-by-product-lighting-control-308

(The free sample of this report is readily available on request).

Our Free Sample Report Includes:

2020 Updated Report Introduction, Overview, and In-depth industry analysis

• 225+ Pages Research Report (Inclusion of Updated Research)

• Provide Chapter-wise guidance on Request

• 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends

• Includes Updated List of table & figures

• Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis

• Facts and Factors research methodology

(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

Key Offerings:

  • Market Size & Forecast by Revenue | 2020−2026

  • Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities

  • Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography

  • Competitive Landscape – Top key vendors and other prominent vendors

Inquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/smart-homes-systems-market-by-product-lighting-control-308

(You may enquire a report quote OR available discount offers to our sales team before purchase.)

Furthermore, a household security system combined with a home automation system can offer services like remote surveillance of security cameras over the web, access control, and central locking of all border windows & doors. Apart from this, technological breakthroughs in smart home systems can help it integrate with lights, electrical outlets, appliances, and heating & cooling systems whose operations are controlled by the internet or different gateways.

Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/smart-homes-systems-market-by-product-lighting-control-308

(Get Single User License: US $3850)

Top Market Players

Some of the key players in the market include Alarm.com, Amazon.com, Inc., Chiyu Technology Co., Ltd., Control4, Crestron Electronics, Google LLC, Leviton Manufacturing Company, Inc., Logitech International S.A., Mantra Softech Pvt. Ltd., Orient Electric Limited, Honeywell International, Johnson Controls International plc, Samsung, Schneider Electric SE, Siemens, and Robert Bosch GmbH.

To know an additional updated 2020 list of market players, request a sample report: https://www.fnfresearch.com/sample/smart-homes-systems-market-by-product-lighting-control-308

The rise in the number of internet users & rise in the smart equipment demand to drive the market trends

An increase in the number of internet users along with the prominent rise in the acceptance of smart equipment will steer the market growth over the forecast period. In addition to this, a massive rise in the awareness pertaining to healthy living & fitness across the emerging countries will accentuate the expansion of the smart homes system industry over the forecast timespan. Furthermore, growing IoT trends are also predicted to drive the growth of the smart homes systems industry over the period from 2019 to 2025.

Additionally, the growing significance of monitoring of home activities through remote sites along with an increase in the requirement for power-saving & low carbon-emitting solutions will steer the business growth over the forecast period. Apparently, an increase in the use of smartphones and smart gadgets coupled with growing safety concerns will drive the market expansion over the timespan from 2019 to 2025. Governments across the globe are encouraging the use of home automation systems and this will further succor the industry growth over 2019-2025. However, restricted transmission between the electronic equipment and low awareness about the benefits of using smart home systems will inhibit the expansion of the market over the forecast timeframe. Apart from this, huge costs of platform integration can further hamper the market growth over the period from 2019 to 2025.

Browse the full “Smart Homes Systems Market By Product (Lighting Control, Home Appliances, Security & Access Control, Entertainment & Other Controls, HVAC Control, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025" report at https://www.fnfresearch.com/smart-homes-systems-market-by-product-lighting-control-308

Entertainment & other controls segment to register highest CAGR over the forecast period

The entertainment & other controls segment is set to record the highest growth rate of over 13% during the period from 2019 to 2025. The growth of the segment over the forecast timespan is attributed to the use of the entertainment & other control systems for saving energy as well as reduce the electric bill costs.

Indian market to garner lucrative revenues gains over the forecast period

The growth of the smart homes systems industry in India over the forecast timeline is due to a huge inclination towards the use of smart home appliances, lighting control, security & access control, HVAC control products in the county.

Request Customized Copy of Report @ https://www.fnfresearch.com/customization/smart-homes-systems-market-by-product-lighting-control-308

(We customize your report according to your research need. Ask our sales team for report customization.)

Key Features of Smart Homes Systems Market Report:

  • Smart Homes Systems Market structure: Overview, industry life cycle analysis, supply chain analysis

  • Smart Homes Systems Market: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

  • Smart Homes Systems Market size, trend, and forecast analysis

  • Smart Homes Systems Market segments’ trend and forecast

  • Smart Homes Systems Market’s competitive landscapes: Market share, Product portfolio, new product launches, etc.

  • Smart Homes Systems Market attractiveness and associated growth opportunities

  • Emerging Trends in the Smart Homes Systems Market.

  • Strategic growth opportunities for the existing and new players

  • Key success factors

Browse More Related Reports:

Music Streaming Market: https://www.fnfresearch.com/music-streaming-market-by-type-live-streaming-and

Luxury Zipper Market: https://www.fnfresearch.com/luxuryzippermarket

Life Jacket & Vests Market: https://www.fnfresearch.com/life-jacket-vests-market-by-type-inflatable-jackets

Sneaker Market: https://www.fnfresearch.com/sneaker-market-by-product-type-adult-sneaker-children

Online Gambling & Betting Market: https://www.fnfresearch.com/online-gambling-betting-market-by-game-form-type

About Facts & Factors (FnF Research):

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Follow Us LinkedIn: https://www.linkedin.com/company/fnfresearch

Follow Us Twitter: https://twitter.com/fnfresearch

Contact Us:

Facts & Factors

USA: +1-347-989-3985

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

Blog: http://fnfnewsblog.com