Europe and North America, $90 billion in Smart Homes and Home Automation markets by 2023 – PRNewswire

Europe and North America, $90 billion in Smart Homes and Home Automation markets by 2023 – PRNewswire

DUBLIN, Nov. 7, 2019 /PRNewswire/ — The “Smart Homes and Home Automation – 7. Output” report was added to’s offer.

How to? of the mobile industry address the vast business opportunity in connected smart homes The analyst estimates the revenues from shipments of home automation systems in Europe and North America to grow at an average annual growth rate of 19.8 percent from US $ 36.7 billion in 2018 US$ 90.6 billion in the year 2023. A 360-degree perspective on the rapid development of the global home automation market in this comprehensive 300-page strategy report.

According to this research report, the number of smart homes in Europe and North America reach 64 million in 2018. The advanced smart home market is North America, with an installed base of 33.8 million smart homes at the end of the year. This corresponds to a penetration of 24 percent. Between 2017 and 2018, the market grew by 38.6 percent year-on-year. The strong growth in the market is also expected to

by 2023, the analyst estimates that more than 60.3 million households in the North America wise, i.e., 41 per cent of all houses in the region. The European market is still behind North America in terms of market penetration. There were a total of 30.5 million smart homes in Europe the end of 2018. The installed base in the region is expected to be 83.2 million households grow at the end of the year 2023, which corresponds to a market share of 35 percent

The most popular products in the smart home market include smart thermostats, smart bulbs, smart security cameras, smart air conditioners, smart door locks, smart plugs and smart speaker. The market for smart thermostats is led by companies such as Ecobee, Nest, and Resideo.

The analyst estimates that the installed base of smart thermostats amounted to 18.9 million units in North America, and 6.6 million units in Europe the end of 2018. Mean, is the clear market leader in the market for smart light bulbs and other connected lighting products. More suppliers in the segment include Ledvance, LIFX, Sengled, Merkury Innovations and IKEA.

The installed base of connected points of light at the end of 2018, amounted to 25.2 million euros in units in the North America and 22.4 million units in Europe. Smart speaker with built-in voice assistants have become very fast one of the most popular smart-home. Amazon and Google hold a near-duopoly in the smart speaker market with an estimated combined market share of around 90 percent in North America and Europe.

At the end of 2018, the installed base for voice-controlled smart speaker amounted to about 100 million units in North America and about 21 million units in Europe. The market for whole-home systems, serves traditional, home automation specialists, home security providers, Telecom operators, and the DIY solution Provider. On the North American market, interactive home-security systems have proved to be the most common type of smart-home systems, said Martin Backman, IoT Analyst.

This type of system41 percent of the 13.3 million whole-home systems in the region by the end of 2018 represented. The largest home security provider, ADT, Vivint and Comcast. In Europe, the traditional home automation systems and DIY solutions are more common than whole-home systems, continued Mr. Backman. eQ-3, Deutsche Telekom, Verisure, Centrica Hive and Somfy are the biggest provider of whole-house systems in the region. The installed base of whole-home systems Europe amounted to 6.8 million systems by the end of 2018.


1 Smart homes, connected homes and home automation
1.1 introduction
1.2 types of home automation
1.2.1 security and access control systems
1.2.2 energy management and climate control systems
1.2.3 Audio-visual and entertainment systems
1.2.4 lighting and window control System
1.2.5 Healthcare and assisted living
1.2.6 household appliances
1.2.7 Service-robotics
1.2.8 multifunction and whole-home automation systems
1.3 Home automation market segments
1.3.1 Mainstream houses and multi-family houses
1.3.2 The custom (luxury) segment
1.3.3 New homes versus existing homes
1.4 channels on the market
1.4.1 Professional installation
1.4.2 retail
1.4.3 service providers

2 networks and communication technologies
2.1 Overview
2.1.1 Different approaches to establishing interoperability
2.1.2 choice of the technologies of the product-OEMs
2.1.3 choice of the technologies to the whole-home solution provider
2.2 Smart home networking technologies
2.2.1 ANT
2.2.2 Bluetooth
2.2.3 DECT ULE
2.2.4 EnOcean
2.2.5 HomePlug
2.2.6 HomeGrid
2.2.7 Insteon
2.2.8 io-home control
2.2.9 KNX
2.2.10 LPWA
2.2.11 OpenTherm
2.2.12 Thread
2.2.13 Wi-Fi
2.2.14 X10
2.2.15 Zigbee
2.2.16 Z-Wave
2.3 Smart home middleware and ecosystems
2.3.1 Amazon Alexa
2.3.2 the Google homepage and Google Wizard
2.3.3 Android things and weave
2.3.4-Apple HomeKit and Siri
2.3.5 IFTTT
2.3.6 Open Connectivity Foundation
2.4 Smart home platforms
2.4.1 Amdocs
2.4.2 AWS
2.4.3 Ayla Networks
2.4.4 ThroughTek
2.4.5 Tuya
2.4.6 Waylay

3 technology providers and OEMs
3.1 market overview
3.1.1 compatibility with whole-home systems
3.1.2 Point solutions are becoming more and more popular with the consumers
3.1.3 Smart home strategies for product OEMs
3.1.4 New entrants challenge incumbents with connected products
3.1.5 popularity of smart-speaker-boost-smart-home-product-sale
3.2 Security and access control system vendors
3.2.1 Assa Abloy
3.2.2 August Home (Assa Abloy)
3.2.3 Canary
3.2.4 Chamberlain Group
3.2.5 Groupe HBF (Otio)
3.2.6 iSmartAlarm
3.2.7 Kwikset
3.2.8 Minut
3.2.9 Suggest
3.2.10 Simplisafe
3.2.11 Wyze Labs
3.3 power management and climate control system manufacturer
3.3.1 Climote
3.3.2 Danfoss
3.3.3 Diehl Connectivity solutions
3.3.4 Ecobee
3.3.5 Eva systems
3.3.6 Geo
3.3.7 Johnson Controls
3.3.8 Netatmo (Legrand)
3.3.9 Radio Thermostat Company of America
3.3.10 Schneider Electric
3.3.11 Tado
3.4 Audio-visual and entertainment system vendors
3.4.1 Harman (Samsung Electronics)
3.4.2 Kaleidescape
3.4.3 Logitech
3.4.4 Naim Audio
3.4.5 Sonos
3.4.6 Sony
3.4.7 Sound United
3.5 lighting and window control system manufacturer
3.5.1 CentraLite (Ezlo Innovation)
3.5.2 iDevices (Hubbell)
3.5.3 IKEA
3.5.4 Leviton
3.5.5 LIFX (Buddy-technologies)
3.5.6 Lutron Electronics
3.5.7 Ledvance (MLS)
3.5.8 Mean
3.5.9 Velux
3.5.10 Display
3.6 Healthcare and assisted living
3.6.1 high-technology
3.6.2 Doro
3.6.3 Hidea solutions
3.6.4 control Only
3.6.5 Qorvo (green peak Technologies)
3.6.6 Sensio
3.6.7 Sleep Number
3.6.8 Tunstall Healthcare Group
3.6.9 Verklizan
3.7 household appliances
3.7.1 BSH (Bosch)
3.7.2 Electrolux
3.7.3 GE Appliances (Haier)
3.7.4 Haier
3.7.5 LG Electronics
3.7.6 hot tub
3.8 Service robotics
3.8.1 Double Robotics
3.8.2 Dyson
3.8.3 Husqvarna
3.8.4 iRobot
3.8.5 Neato Robotics
3.8.6 Robomow
3.8.7 Softbank Robotics
3.8.8 Zucchetti Centro Sistemi (Ambrogio robot)

4 service providers and whole-home system manufacturer
4.1 market overview
4.1.1 The European market
4.1.2 The North American market
4.1.3 Attach rates per application area in whole-home systems
4.2 market segments and go-to-market-strategies
4.2.1 Traditional home automation
4.2.2 DIY systems
4.2.3 professionally monitored security
4.3 Whole-home system OEMs
4.3.1 FIG
4.3.3 Belkin
4.3.4 Bosch
4.3.5 Control4 (SnapAV)
4.3.6 Crestron Electronics
4.3.7 D-Link
4.3.8 essence group
4.3.9 eQ-3
4.3.10 Fibar Group (Nice)
4.3.11 Gigaset
4.3.12 Grenton
4.3.13 Ingersoll Rand
4.3.14 Legrand
4.3.15 Loxone Electronics
4.3.16 MiOS (Ezlo Innovation)
4.3.17 Nest Labs
4.3.18 Nice group
4.3.19 OBLO life
4.3.20 Prove (Telldus)
4.3.21 Resideo technologies
4.3.22 Safe4 security group
4.3.23 Samsung Electronics
4.3.24 Savant systems
4.3.25 Somfy
4.3.26 TP-Link
4.3.27 United Technologies Corporation
4.3.28 Viva Labs
4.3.29 Wink
4.3.30 Xiaomi
4.4 Smart home service providers
4.4.1 ADT
4.4.2 Altice France
4.4.3 AT&T
4.4.4 Brinks Home Security (Moni tronics)
4.4.5 Centrica Hive
4.4.6 Comcast
4.4.7 Cox Communications
4.4.8 Deutsche Telekom (QIVICON)
4.4.9 Innogy (E. ON)
4.4.10 Verisure
4.4.11 Vivint Smart Home
4.4.12 Vodafone

5 market forecasts and conclusions
5.1 market trends and analysis
5.1.1 Greater consumer awareness benefits all players
5.1.2 Lower price points opens the doors for the mass market
5.1.3 Cloud-based systems, and the built-in hub-opportunity
5.1.4 Open versus closed smart home ecosystems
5.1.5 Lack of interoperability leads to problems for the user
5.1.6 security and integrity issues, if the house is connected
5.1.7 Smart-home devices can give discounts on home insurance premiums
5.1.8 Professional security leads the North American smart home market
5.1.9 Cellular M2M in the smart home market
5.1.10 mergers and acquisitions in the smart home industry
5.2 Popular smart-home-product categories
5.2.1 Smart speaker
5.2.2 Smart thermostats
5.2.3 Smart lighting
5.2.4 Smart plug
5.3 Europe
5.3.1 revenue
5.3.2 shipments
5.3.3 Installed base
5.4 North America
5.4.1 revenue
5.4.2 shipments
5.4.3 Installed base

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Released on Thu, 07 Nov 2019 08:00:00 +0000

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