Connected Home Market Forecast 2017-2027 Forecasts by Component (Software, Hardware, Services), by Application (Safety & Security: Video Surveillance, Access Control, Smoke & Leak Detectors, Others / Utility Management: HVAC, Lighting Control, Energy Tracking, Smart Meter / Smart Appliance: Connected Washer/Dryer/Dishwasher, Connected Refrigerator, Connected Stove/Oven / Smart Entertainment: Multimedia Control, Home Theatre Control Systems, Others / Wellness Monitoring), by Connectivity Technology (Cellular: CDMA, GSM/HSPA, LTE / Non-cellular: Z-Wave, ZigBee, Wi-Fi, Bluetooth, Others), and by Geography (Americas, Europe, APAC, MEA) The Connected Home Market will be worth $56.9bn in 2017.
The increasing acceptance of the smartphone, which serves as a control center for connected devices and the evolving ecosystem of the Internet of Things with new chips, would be the major contributor to the rapid growth of connected home solutions.
For instance, smart refrigerators can monitor food consumption and smart locks enable electronic monitoring of the house. These are becoming part of connected as well as smart homes. Another example is technologically advanced alarm systems which not only detect intrusions, but can also activate video footage. It is expected that technology will become more sophisticated and accessible as consumer demand for connected homes grows, which will make the market more innovative."
Leading companies featured in the report who are developing connected home technologies include Legrand, Honeywell International, Inc., Siemens AG, Schneider Electric SE, and Philips N.V.
Along with revenue prediction for the overall world market, you see individual forecasts to 2027 for multiple submarkets:
By Component
• Software
• Hardware
• Services
By Application
• Safety & Security
o Video Surveillance
o Access Control
o Smoke & Leak Detectors
o Others
• Utility Management
o HVAC
o Lighting Control
o Energy Tracking
o Smart Meter
• Smart Appliance
o Connected Washer/Dryer/Dishwasher
o Connected Refrigerator
o Connected Stove/Oven
• Smart Entertainment
o Multimedia Control
o Home Theatre Control Systems
o Others
• Wellness Monitoring
By Connectivity Technology
• Cellular
o CDMA
o GSM/HSPA
o LTE
• Non-cellular
o Z-Wave
o ZigBee
o Wi-Fi
o Bluetooth
o Others
With regional forecasts for:
• Americas
o By Component
o By Application
o By Connectivity Technology
• Europe
o By Component
o By Application
o By Connectivity Technology
• APAC
o By Component
o By Application
o By Connectivity Technology
• MEA
o By Component
o By Application
o By Connectivity Technology |
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