According to the Smart Home Market survey report, the market is expected to witness a relatively higher growth rate during the forecast period 2018-2023.
Pune, India -- (SBWIRE) -- 06/01/2018 -- United States Smart Home Market entails the dominant regions in the market during the forecast period. Besides the rising disposable income of consumers, the market will highly benefit from the increasing internet penetration worldwide. Furthermore, the recent advancements in the Internet of Things (IoT) that resulted in price drops of processors and sensors will encourage manufacturers to promote automation in the household sector. In the last few years, the world witnessed extensive rise in Wi-Fi access facilitated by growth in IoT services. As these devices operate through wireless connectivity, the smart home market will be considerably facilitated by the introduction of high-speed internet. Moreover, the proliferation of Wi-Fi connectivity in the household sector, will aid in the expansion of the global smart home market.
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Smart Homes stood at +US$ 29 bn in 2016. Rising at a healthy CAGR of +13% from 2017 to 2025, the opportunity in this market is likely to touch US$ +96 bn by the end of 2025.
Smart Home market is a scrupulous piece of work and is assembled by conducting both primary and secondary research. The market dynamics such as market drivers, challenges, opportunities, and trends have been presented coupled with their respective impact analysis. The data comprised in the report has been taken by accessing case studies, and by taking contributions from top diligence leaders. The chief sections of the market have been highlighted. These segments have been presented by giving information on their present and prophesied state by the end of the forecast. This information would help the upcoming players to estimate the investment scope within the segments and sub-segments of the United States Smart Home market.
Top Key Players: Introduction, Honeywell International Inc., Siemens AG, Schneider Electric SE, Johnson Controls Inc., Samsung Electronics Co., Ltd., Legrand, ABB Ltd.
With the inclusive market data concerning the key elements and segments of the United States Smart Home market that can influence the growth prospects of the market, the report makes for a highly informative document. The report also identifies Europe, North America, Asia-Pacific, Middle East & Africa, and Latin America as the prime regional markets for this market across the world.
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According to type and application, the international United States Smart Home Market has been evaluated as per price and sales growth for the aforementioned forecast period. However, the forecast figures of the market for each region and by type and application have been offered in the publication for the period 2018–2023
Based on current market developments, the readers are further offered an assessment of how the activities, such as strategic alliances, mergers, and acquisitions, will share the future of this market. The report further studies the impact of porter's five forces on the progress of this market. Readers will be benefitted from the references and case studies given in the research study
Table of Content:
Chapter 1 Smart Home Market Overview
Chapter 2 United States Economic Impact on Industry
Chapter 3 United States Market Competition by Manufacturers
Chapter 4 United States Production, Revenue (Value) by Region
Chapter 5 United States Supply (Production), Consumption, Export, Import by Regions
Chapter 6 United States Production, Revenue (Value), Price Trend by Type
Chapter 7 United States Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis