Evaluating Smart Home Challenges To Improve Future Smart Cities

Smart homes are equipped with automated control of all types of home appliances and other domestic features using local networking or through remote devices. The demand for smart homes is gaining traction with the increasing awareness of protection and security from theft and energy saving. Furthermore, the rapid adoption of technologies and increasing awareness among people in developed nations in the North America market is one of the major reason for its dominance in the region followed by Europe and Asia Pacific region.

Click Here to Download PDF Copy


Smart Home Market

The smart home market is anticipated to grow in the forecast period owing to driving factors such as the growing base of internet users, coupled with the rapid adoption of smart devices. Also, the rising disposable income of the individuals is likely to augment the growth of the smart home market. However, the market is more convenience-driven and less necessity-driven. This factor may restrain the growth of the smart home market during the forecast period. On the other hand, growing awareness towards healthy lifestyle and concerns about safety and security offer a lucrative opportunity to the key players operating in the smart home market.

The "Global Smart Home Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of smart home market with detailed market segmentation by product, solution, and geography. The global smart home market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart home market players and offers key trends and opportunities in the market.

The List of Companies

1. ABB Ltd.

2. Acuity Brands, Inc.

3. Crestron Electronics, Inc.

4. Honeywell International Inc.

5. Hubbell Incorporated

6. Johnson Controls International PLC

7. Legrand SA

8. Samsung Electronics Co Ltd

9. Schneider Electric SE

10. Siemens AG

Download PDF Copy Here!!


Comments

Post a Comment

Popular posts from this blog

What is Smart Home Security? Top Myths and Facts Relating to Home Automation Features of Security System

Image
IoT has made it effortless than ever to set up a smart home in which the user remotely control thermostat door locks, lights, pet feeders, and vacuums through smartphone. It's also made it relatively affordable and simple to monitor their residential property from anywhere. Smart security systems are highly customizable and available as do-it-yourself kits or as full-blown setups including, professional installation and monitoring. For More Info | Download PDF Brochure, Click Here: Smart Home Security Rapid proliferation of smartphones and smart gadgets, increasing number of internet users, high adoption of smart devices, and rising concern for home monitoring in remote locations are the major drivers fueling up the growth for global smart home security market. However, issue related to breach in security & privacy, and high cost of switching for existing smart device might curb the growth smart home security market. Moreover, favorable government regulation and integration of
Read more

What Sensors are used in a Smart Greenhouse and How Smart Greenhouse Solution Can Enhance Greenhouse paradigm?

Image
The smart greenhouses offer self-regulating, micro-climate controlled environment for optimal plant growth. The different climatic conditions such as humidity, temperature, soil moisture, and others inside the greenhouse are monitored continuously. Smart greenhouses are equipped with sensors and actuators as key elements for this purpose. The advent of IoT and connected technologies and key developments by the companies further portray a favorable landscape for the smart greenhouse market in the coming years. Click Here to Download PDF Copy Smart Greenhouse Market The smart greenhouse market is anticipated to grow in the forecast period owing to driving factors such as changing consumer preferences leading to the emerging trend of indoor farming along with increased demand for food for the growing population. Also, favorable government regulations and incentives related to smart greenhouse lighting technology are further likely to propel the market growth. On the other side, the rapi
Read more