The global smart home market size is projected to reach USD 622.59 billion by 2028, there by exhibiting a CAGR of 29.3% during the forecast period. A smart home is a residence that uses devices connected to the Internet to enable remote monitoring and management of household appliances and systems such as lighting and heating.Smart home and smart building technology, also known as home automation or domotic, often provides home owners security, comfort, convenience and energy efficiency by allowing them to control smart devices through smart home apps smartphones or other networked devices. Smart home systems and devices that are part of the Internet of Things often work together to share consumer usage data and automate tasks based on homeowners ‘ preferences.
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Market Segments
Company profiles
- Honeywell
- ADT
- Johnson Controls
- Siemens
- UTC
- Schneider
- Ingersoll Rand
- Azbil
- General Electric
- Eaton
By Type
- Energy Management Systems
- Security and Access Control
- Lighting Control
- Home Appliances Control
- Entertainment Control
By Application
- Commercial Buildings
- Residential Buildings
- Government Buildings
A full report is available at: https://orionmarketreports.com/smart-home/90183/
Scope of the Report
The research study analyzes the Smart Home market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions , considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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