The world market for Smart Homes & Home Automation, 2019 to 2023 – opportunities in Cloud-based systems, and the Built-in Hub – Business Wire

The world market for Smart Homes & Home Automation, 2019 to 2023 – opportunities in Cloud-based systems, and the Built-in Hub – Business Wire

DUBLIN–(BUSINESS WIRE)–The “Smart Homes and Home Automation – 7. Edition” report has been added,’s offers.

How should the mobile industry address the vast business opportunity in connected smart homes?

This research estimates that revenues from shipments of home automation systems grow in Europe and North America to an average annual growth rate of 19.8 per cent from US dollars to 36.7 billion euros in 2018, to US$ 90.6 billion in the year 2023.

the Highlights from the report:



  • Insights from 30 executive interviews with market leading companies
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  • 360-degree overview of the smart homes & home automation ecosystem
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  • Summary of industry developments in key vertical market segments
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  • Statistical data for the introduction of smart home systems in Europe and North America
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  • New market forecasts lasts until 2023
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  • Detailed reviews of the latest initiatives of industry players
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  • Updated profiles of the key vendors in this market

According to this research report, the number of smart homes in Europe and North America to reach 64 million in 2018.

The advanced smart home market in 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 expected in the next five years.

By 2023, the research estimates that more than 60.3 million households in North America will be smart, meaning 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 and 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 research estimates that the installed base of smart thermostats amounted to 18.9 million units in North America and 6.6 million units in Europe by 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 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.

By 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.

This type of system represented 41 percent of the 13.3 million whole-home systems in the region by the end of 2018. 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.

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 in Europe amounted to 6.8 million systems by the end of 2018.

the This report answers the following questions:



  • What are the main industries in smart homes and home automation?
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  • What are the main drivers behind the growth in Europe and North America?
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  • What are the challenges and barriers to widespread adoption?
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  • What are the business models and channels-to-market for smart home solutions?
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  • What are the leading whole-home system vendors in Europe and North America?
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  • How are product OEMs and whole-home solution providers position themselves?
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  • What home Networking technologies are smart home system vendors betting?
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  • What is the potential size of the market for cellular IoT in home automation is?
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  • How will develop the smart home market in the next five years?

the Important topics

the 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 systems

1.2.5 Healthcare and assisted living

1.2.6 household appliances

1.2.7 Service-Robotics

1.2.8 multi-function and whole-home automation systems

1.3 Home automation market segments

1.3.1 Mainstream houses and multi-family homes

1.3.2 The custom (luxury) segment

1.3.3 New homes versus existing homes

1.4 channels to market

1.4.1 Professional installation

1.4.2 retail

1.4.3 service providers

the 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 open therm

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 assistant

2.3.3 Android things and weaving

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

the 3 technology providers and OEMs

3.1 market overview

3.1.1 compatibility with whole-home systems

3.1.2 Point solutions are gaining in popularity with consumers

3.1.3 Smart home strategies for product OEMs

3.1.4 New entrants challenge the incumbents, with related products

3.1.5 popularity of smart-speaker-boost-smart-home-product-sales

3.2 security and access control system vendors

3.2.1 Assa Abloy

3.2.2 August At 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 energy management and climate control system provider

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 vendors

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)

the 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

within 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-option

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 problems, if the house is connected

5.1.7 Smart home devices, discounts on home insurance premiums may be-

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 Intelligent Lighting

5.2.4 Smart plugs

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 broadcasts

5.4.3 Installed Base

For more information about this report visit

Released on Wed, 06 Nov 2019 20:53:00 +0000

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