Connected Home Market
Connected Home Market Study by Lighting Control, Security, Entertainment, Home Healthcare, Energy Management, Kitchen, HVAC, and Professional & Managed Services from 2024 to 2034
Analysis of Connected Home Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Connected Home Market Outlook (2024 to 2034)
The global connected home market is forecast to expand at a CAGR of 12.8% and increase from a value of US$ 66.01 billion in 2024 to US$ 220.12 billion by 2034-end.
In an era where technology continues to shape our daily lives, the demand for connected home appliances is on the rise, driven by a myriad of benefits beyond improved security. These modern marvels of home automation offer unparalleled convenience, energy efficiency, and peace of mind.
At the forefront is enhanced security, with smart cameras, locks, and alarm systems providing real-time monitoring, remote access, and proactive alerts. Connected home appliances streamline tasks, from adjusting lighting and controlling thermostats remotely to scheduling appliances and integrating with voice assistants for seamless control.
Connected devices contribute to energy savings and environmental sustainability by optimizing usage patterns and reducing waste. Consumers are increasingly prioritizing comfort, efficiency, and convenience, contributing to the expansion of the connected home market size, promising a future where homes are not just smarter but safer and more efficient than ever before. Key players in the market have also started to introduce home robots, which are projected to work on just one command making everything possibly automated.
In the rapidly evolving landscape of modern living, connected home appliances are revolutionizing the way we interact with our living spaces. Beyond their foundational role in security enhancement, these smart systems offer a plethora of features that redefine both safety and entertainment. Connected home security systems, equipped with video surveillance, motion detection, and smart alerts, provide homeowners with peace of mind and proactive monitoring against unauthorized access or suspicious activities. Integration with smart locks and video doorbells further fortifies home security, deterring potential intruders and ensuring comprehensive protection.
Entertainment integration elevates the home entertainment experience to new heights. With seamless connectivity between smart TVs, audio speakers, and streaming devices, users can immerse themselves in personalized entertainment setups throughout their homes. Whether streaming content, controlling playback, or creating ambiance with customizable lighting, connected home entertainment systems offer unparalleled convenience and enjoyment.
Due to the rise in demand for automated homes, the interior and textile home decor market has also exhibited growth, as homeowners are looking to decorate their automated houses.
| Report Attributes | Details |
|---|---|
| Connected Home Market Size (2024E) | US$ 66.01 Billion |
| Forecasted Market Value (2034F) | US$ 220.12 Billion |
| Global Market Growth Rate (2024 to 2034) | 12.8% CAGR |
| Canada Market Growth Rate (2024 to 2034) | 14.6% CAGR |
| China Market Value (2034F) | US$ 40.76 Billion |
| North America Market Share (2024E) | 33.7% |
| East Asia Market Share (2034F) | 26.8% |
| Key Companies Profiled | Honeywell; Siemens; Johnson Controls; Schneider Electric; ASSA ABLOY; Amazon; Apple |
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What is Paving the Way for Increased Sales of Connected Home Solutions Globally?
“Introduction of IoT Pushing Demand for Modern Home Automation Appliances”
The introduction of the Internet of Things (IoT) has sparked demand for modern home automation appliances worldwide. With IoT technology seamlessly connecting devices and systems, the era of connected homes has dawned, paving the way for unprecedented convenience, efficiency, and innovation, contributing to the overall connected home market growth trajectory.
IoT-enabled smart home appliances, ranging from thermostats and lighting systems to security cameras and entertainment devices, offer users unparalleled control and customization. This connectivity allows for remote monitoring, scheduling, and automation.
The global adoption of IoT-driven home automation reflects a growing consumer appetite for smart solutions that enhance comfort, security, and energy efficiency. As technology continues to advance and connectivity becomes ubiquitous, the success of connected home appliances is projected to soar, shaping the future of modern living on a global scale.
“Focus on Monitoring and Controlling Energy Usage”
The success of connected home appliances is being propelled by the ability to monitor and control energy usage effectively and efficiently for homeowners worldwide. With the rise of smart technology, homeowners now have unprecedented visibility and control over their energy consumption.
Connected home appliances, such as smart thermostats, energy monitoring devices, and smart plugs, enable users to optimize energy usage according to their preferences and schedules. By remotely monitoring and adjusting energy-intensive devices and systems, homeowners can achieve significant savings on utility bills while reducing their environmental footprint.
The focus on energy management resonates with consumers who are increasingly conscious of sustainability and cost savings. As a result, the demand for connected home appliances continues to rise globally, driven by the promise of enhanced efficiency, convenience, and environmental responsibility, with effective energy management at its core.
What is Negatively Impacting Demand for Connected Home Solutions?
“Security Threats Hindering Adoption of Connected Home Technologies”
While demand for connected home appliances continues to soar, security threats loom as a significant setback against market growth. As more devices become interconnected, the risk of cyberattacks and privacy breaches escalates, raising concerns among consumers and industry stakeholders alike.
Instances of hacking into smart cameras, compromising smart locks, and accessing sensitive data have underscored the vulnerabilities inherent in connected home ecosystems. These security concerns can erode consumer trust and dampen enthusiasm for adopting smart technology.
Addressing these challenges requires robust cybersecurity measures, including encryption protocols, and regular software updates.
“Transition from Necessity-Driven to Convenience-Driven Patterns”
Demand for connected home appliances faces a potential obstacle as the market shifts toward being more convenience-driven rather than necessity-driven. While these smart devices offer unparalleled convenience and efficiency, their adoption may be slow if perceived as luxuries rather than essential tools.
Striking a balance between convenience and necessity will be crucial for sustaining demand growth. Manufacturers must emphasize practical benefits alongside convenience to maintain consumer interest and ensure the continued success of the connected home appliance market.
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Country-wise Insights
In a recently unveiled analysis, Fact.MR, a leading market research and competitive intelligence provider says that the United States is estimated to hold 73.1% connected home market share in North America.
What is Driving Demand for Connected Home Solutions in the United States?
“Rising Demand for Both Convenience and Safety in Residential Settings”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 16.26 Billion |
| Growth Rate (2024 to 2034) | 13.5% CAGR |
| Projected Value (2034F) | US$ 57.85 Billion |
Homeowners in the United States are driving a surge in demand for modern home automation appliances, seeking both convenience and safety. The desire for smart devices that offer seamless control and monitoring capabilities aligns with the growing emphasis on convenience in daily life.
Heightened concerns about safety and security at home have propelled the adoption of connected appliances equipped with features such as video surveillance, smart locks, and motion detection. This dual focus on convenience and safety underscores the appeal of connected home solutions, fueling their widespread adoption across the country.
Will Demand for Connected Home Solutions Increase in China?
“Market Benefiting from Evolving Consumer Lifestyles Coupled with Environmental Concerns”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 10.85 Billion |
| Growth Rate (2024 to 2034) | 14.2% CAGR |
| Projected Value (2034F) | US$ 40.76 Billion |
Changing consumer preferences and lifestyles, especially among younger generations, favor the adoption of connected home solutions. Demand for convenience, comfort, and personalized experiences drives the uptake of devices that offer remote control, automation, and integration with other smart devices.
With growing awareness of environmental issues and sustainability, Chinese consumers are increasingly interested in energy-efficient and eco-friendly products. Smart home appliances that optimize energy usage and reduce environmental impact align with these concerns, driving their popularity.
Category-wise Evaluation
Which Functionality is Widely Preferred by Homeowners for Connected Home Solutions?
“Higher Demand for Energy and Utilities Management Solutions for Optimizing Energy Usage”
| Attribute | Energy and Utilities Management |
|---|---|
| Segment Value (2024E) | US$ 24.36 Billion |
| Growth Rate (2024 to 2034) | 12.1% CAGR |
| Projected Value (2034F) | US$ 88.27 Billion |
Energy and utility management reign supreme as the preferred functionality. Homeowners prioritize solutions that optimize energy usage, reduce utility costs, and promote sustainability.
Smart thermostats, energy monitoring devices, and smart plugs empower users to monitor and control energy consumption with ease, aligning with their desire for efficiency and eco-conscious living. As environmental concerns grow and energy prices fluctuate, the appeal of energy management features continues to drive the adoption of connected home solutions, reflecting a shift toward more sustainable and cost-effective household management.
Where are Connected Home Solutions Most Extensively Deployed?
“Compact Living Spaces and Desire for Convenience in Apartments”
| Attribute | Apartments |
|---|---|
| Segment Value (2024E) | US$ 31.36 Billion |
| Growth Rate (2024 to 2034) | 12.8% CAGR |
| Projected Value (2034F) | US$ 108.3 Billion |
Apartment owners are leading the trend in adopting connected home solutions. With compact living spaces and a desire for convenience, homeowners opt for connected devices that enhance efficiency and functionality. Smart thermostats, security cameras, and lighting systems offer solutions tailored to apartment living, providing remote control and automation features.
The appeal of smart technology aligns with the modern lifestyle of apartment dwellers, offering seamless integration and customization. As the demand for connected home appliances continues to rise, apartments remain a prime market segment.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Market Competition
Key players in the connected home industry are Ericsson AB, Schneider Electric SE, Siemens AG, ABB Ltd., Honeywell International, Inc., General Electric Company, United Technologies Corporation, Johnson Controls, Inc., Legrand S.A., and Samsung Electronics Co., Ltd. are among the key contenders in the connected home market.
Industry giants are fiercely competing to capture a significant market share by offering innovative products, comprehensive service platforms, and strategic alliances. With a focus on leveraging strengths, addressing weaknesses, seizing opportunities, and mitigating threats, each player is striving to establish itself as a leader in the rapidly evolving connected home market trends.
- In May 2021, Schneider Electric unveiled plans to incorporate the newly developed 'Matter' connectivity standard into its array of connected home and building solutions. Previously recognized as Connected Home over IP (CHIP), this rebranded “Matter” technology is hailed for its open-source nature, enabling seamless integration across a wide spectrum of smart building applications.
Key Segments of Connected Home Market Research
-
By Functionality :
- Energy & Utilities Management
- Smart Entertainment
- Wellness & Monitoring
- Security & Safety
- Smart Appliances
-
By Component :
- Lighting Control Solutions
- Security Solutions
- Entertainment Solutions
- Home Healthcare Solutions
- Energy Management Solutions
- Kitchen Solutions
- HVAC Solutions
- Professional Services
- Managed Services
-
By Platform :
- Smartphones
- Laptops
- Home Gateways
-
By Type of Home :
- Apartments
- Villas/Bungalows
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Pricing Analysis
- 5. Global Market Analysis (2018 to 2023) and Forecast (2024 to 2034)
- 6. Global Market Analysis (2018 to 2023) and Forecast (2024 to 2034), by Functionality
- 6.1. Energy & Utilities Management
- 6.2. Smart Entertainment
- 6.3. Wellness & Monitoring
- 6.4. Security & Safety
- 6.5. Smart Appliances
- 7. Global Market Analysis (2018 to 2023) and Forecast (2024 to 2034), by Component
- 7.1. Lighting Control Solutions
- 7.2. Security Solutions
- 7.3. Entertainment Solutions
- 7.4. Home Healthcare Solutions
- 7.5. Energy Management Solutions
- 7.6. Kitchen Solutions
- 7.7. HVAC Solutions
- 7.8. Professional Services
- 7.9. Managed Services
- 7.10. Market Attractiveness Analysis
- 8. Global Market Analysis (2018 to 2023) and Forecast (2024 to 2034), by Platform
- 8.1. Smartphones
- 8.2. Laptops
- 8.3. Home Gateways
- 9. Global Market Analysis (2018 to 2023) and Forecast (2024 to 2034), by Type of Home
- 9.1. Apartments
- 9.2. Villas/Bungalows
- 10. Global Market Analysis (2018 to 2023) and Forecast (2024 to 2034), by Region
- 10.1. North America
- 10.2. Europe
- 10.3. East Asia
- 10.4. South Asia
- 10.5. Latin America
- 10.6. Middle East & Africa (MEA)
- 10.7. Oceania
- 11. North America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia Market Analysis and Forecast
- 15. Latin America Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Oceania Market Analysis and Forecast
- 18. Global Market Analysis Key Countries
- 19. Competition Landscape
- 20. Competition Analysis
- 20.1. Honeywell
- 20.2. Siemens
- 20.3. Johnson Controls
- 20.4. Schneider Electric
- 20.5. ASSA ABLOY
- 20.6. Amazon
- 20.7. Apple
- 21. Appendix
- 22. Definitions of Analytical Frameworks
- 23. Sources and References
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List Of Table
Table 01: Global Market by Functionality, 2018 to 2034
Table 02: Global Market Value (US$ Mn), by Functionality, 2018 to 2034
Table 03: Global Market by Component, 2018 to 2034
Table 04: Global Market Value (US$ Mn), by Component, 2018 to 2034
Table 05: Global Market by Platform, 2018 to 2034
Table 06: Global Market Value (US$ Mn), by Platform, 2018 to 2034
Table 07: Global Market by Type of Home, 2018 to 2034
Table 08: Global Market Value (US$ Mn), by Type of Home, 2018 to 2034
Table 09: Global Market by Region, 2018 to 2034
Table 10: Global Market Value (US$ Mn), by Region, 2018 to 2034
Table 11: North America Market by Functionality, 2018 to 2034
Table 12: North America Market Value (US$ Mn), by Functionality, 2018 to 2034
Table 13: North America Market by Component, 2018 to 2034
Table 14: North America Market Value (US$ Mn), by Component, 2018 to 2034
Table 15: North America Market by Platform, 2018 to 2034
Table 16: North America Market Value (US$ Mn), by Platform, 2018 to 2034
Table 17: North America Market by Type of Home, 2018 to 2034
Table 18: North America Market Value (US$ Mn), by Type of Home, 2018 to 2034
Table 19: North America Market by Country, 2018 to 2034
Table 20: North America Market Value (US$ Mn), by Country, 2018 to 2034
Table 21: Europe Market by Functionality, 2018 to 2034
Table 22: Europe Market Value (US$ Mn), by Functionality, 2018 to 2034
Table 23: Europe Market by Component, 2018 to 2034
Table 24: Europe Market Value (US$ Mn), by Component, 2018 to 2034
Table 25: Europe Market by Platform, 2018 to 2034
Table 26: Europe Market Value (US$ Mn), by Platform, 2018 to 2034
Table 27: Europe Market by Type of Home, 2018 to 2034
Table 28: Europe Market Value (US$ Mn), by Type of Home, 2018 to 2034
Table 29: Europe Market by Country, 2018 to 2034
Table 30: Europe Market Value (US$ Mn), by Country, 2018 to 2034
Table 31: East Asia Market by Functionality, 2018 to 2034
Table 32: East Asia Market Value (US$ Mn), by Functionality, 2018 to 2034
Table 33: East Asia Market by Component, 2018 to 2034
Table 34: East Asia Market Value (US$ Mn), by Component, 2018 to 2034
Table 35: East Asia Market by Platform, 2018 to 2034
Table 36: East Asia Market Value (US$ Mn), by Platform, 2018 to 2034
Table 37: East Asia Market by Type of Home, 2018 to 2034
Table 38: East Asia Market Value (US$ Mn), by Type of Home, 2018 to 2034
Table 39: East Asia Market by Country, 2018 to 2034
Table 40: East Asia Market Value (US$ Mn), by Country, 2018 to 2034
Table 41: South Asia Market by Functionality, 2018 to 2034
Table 42: South Asia Market Value (US$ Mn), by Functionality, 2018 to 2034
Table 43: South Asia Market by Component, 2018 to 2034
Table 44: South Asia Market Value (US$ Mn), by Component, 2018 to 2034
Table 45: South Asia Market by Platform, 2018 to 2034
Table 46: South Asia Market Value (US$ Mn), by Platform, 2018 to 2034
Table 47: South Asia Market by Type of Home, 2018 to 2034
Table 48: South Asia Market Value (US$ Mn), by Type of Home, 2018 to 2034
Table 49: South Asia Market by Country, 2018 to 2034
Table 50: South Asia Market Value (US$ Mn), by Country, 2018 to 2034
Table 51: Latin America Market by Functionality, 2018 to 2034
Table 52: Latin America Market Value (US$ Mn), by Functionality, 2018 to 2034
Table 53: Latin America Market by Component, 2018 to 2034
Table 54: Latin America Market Value (US$ Mn), by Component, 2018 to 2034
Table 55: Latin America Market by Platform, 2018 to 2034
Table 56: Latin America Market Value (US$ Mn), by Platform, 2018 to 2034
Table 57: Latin America Market by Type of Home, 2018 to 2034
Table 58: Latin America Market Value (US$ Mn), by Type of Home, 2018 to 2034
Table 59: Latin America Market by Country, 2018 to 2034
Table 60: Latin America Market Value (US$ Mn), by Country, 2018 to 2034
Table 61: Middle East and Africa Market by Functionality, 2018 to 2034
Table 62: Middle East and Africa Market Value (US$ Mn), by Functionality, 2018 to 2034
Table 63: Middle East and Africa Market by Component, 2018 to 2034
Table 64: Middle East and Africa Market Value (US$ Mn), by Component, 2018 to 2034
Table 65: Middle East and Africa Market by Platform, 2018 to 2034
Table 66: Middle East and Africa Market Value (US$ Mn), by Platform, 2018 to 2034
Table 67: Middle East and Africa Market by Type of Home, 2018 to 2034
Table 68: Middle East and Africa Market Value (US$ Mn), by Type of Home, 2018 to 2034
Table 69: Middle East and Africa Market by Country, 2018 to 2034
Table 70: Middle East and Africa Market Value (US$ Mn), by Country, 2018 to 2034
Table 71: Oceania Market by Functionality, 2018 to 2034
Table 72: Oceania Market Value (US$ Mn), by Functionality, 2018 to 2034
Table 73: Oceania Market by Component, 2018 to 2034
Table 74: Oceania Market Value (US$ Mn), by Component, 2018 to 2034
Table 75: Oceania Market by Platform, 2018 to 2034
Table 76: Oceania Market Value (US$ Mn), by Platform, 2018 to 2034
Table 77: Oceania Market by Type of Home, 2018 to 2034
Table 78: Oceania Market Value (US$ Mn), by Type of Home, 2018 to 2034
Table 79: Oceania Market by Country, 2018 to 2034
Table 80: Oceania Market Value (US$ Mn), by Country, 2018 to 2034
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List Of Figures
Fig 01: Global Market Value (US$) and Y-o-Y Growth, 2018 to 2034
Fig 02: Global Absolute $ Historical Market (2018 to 2023) and Absolute $ Opportunity (2024 to 2034), US$ Mn
Fig 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Fig 04: Global Market Incremental $ Opportunity (US$ Thousand), 2024 to 2034
Fig 05: Global Market Share, By Functionality – 2024 to 2034
Fig 06: Global Market Y-o-Y Growth Projections, By Functionality – 2024 to 2034
Fig 07: Global Market Attractiveness Index, By Functionality – 2024 to 2034
Fig 08: Global Market Share, By Component – 2024 to 2034
Fig 09: Global Market Y-o-Y Growth Projections, By Component – 2024 to 2034
Fig 10: Global Market Attractiveness Index, By Component – 2024 to 2034
Fig 11: Global Market Share, By Platform – 2024 to 2034
Fig 12: Global Market Y-o-Y Growth Projections, By Platform – 2024 to 2034
Fig 13: Global Market Attractiveness Index, By Platform – 2024 to 2034
Fig 14: Global Market Share, By Type of Home – 2024 to 2034
Fig 15: Global Market Y-o-Y Growth Projections, By Type of Home – 2024 to 2034
Fig 16: Global Market Attractiveness Index, By Type of Home – 2024 to 2034
Fig 17: Global Market Share, by Region – 2024 to 2034
Fig 18: Global Market Y-o-Y Growth Projections, by Region – 2024 to 2034
Fig 19: Global Market Attractiveness Index, by Region – 2024 to 2034
Fig 20: Y-o-Y Growth Comparison of Market: North America Vs North America Countries Vs North America Average
Fig 21: North America Market Share, By Functionality – 2024 to 2034
Fig 22: North America Market Y-o-Y Growth Projections, By Functionality – 2024 to 2034
Fig 23: North America Market Attractiveness Index, By Functionality – 2024 to 2034
Fig 24: North America Market Share, By Component – 2024 to 2034
Fig 25: North America Market Y-o-Y Growth Projections, By Component – 2024 to 2034
Fig 26: North America Market Attractiveness Index, By Component – 2024 to 2034
Fig 27: North America Market Share, By Platform – 2024 to 2034
Fig 28: North America Market Y-o-Y Growth Projections, By Platform – 2024 to 2034
Fig 29: North America Market Attractiveness Index, By Platform – 2024 to 2034
Fig 30: North America Market Share, By Type of Home – 2024 to 2034
Fig 31: North America Market Y-o-Y Growth Projections, By Type of Home – 2024 to 2034
Fig 32: North America Market Attractiveness Index, By Type of Home – 2024 to 2034
Fig 33: North America Market Share, By Country – 2024 to 2034
Fig 34: North America Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Fig 35: North America Market Attractiveness Index, By Country – 2024 to 2034
Fig 36: Y-o-Y Growth Comparison of Market: Europe Vs Europe Countries Vs Europe Average
Fig 37: Europe Market Share, By Functionality – 2024 to 2034
Fig 38: Europe Market Y-o-Y Growth Projections, By Functionality – 2024 to 2034
Fig 39: Europe Market Attractiveness Index, By Functionality – 2024 to 2034
Fig 40: Europe Market Share, By Component – 2024 to 2034
Fig 41: Europe Market Y-o-Y Growth Projections, By Component – 2024 to 2034
Fig 42: Europe Market Attractiveness Index, By Component – 2024 to 2034
Fig 43: Europe Market Share, By Platform – 2024 to 2034
Fig 44: Europe Market Y-o-Y Growth Projections, By Platform – 2024 to 2034
Fig 45: Europe Market Attractiveness Index, By Platform – 2024 to 2034
Fig 46: Europe Market Share, By Type of Home – 2024 to 2034
Fig 47: Europe Market Y-o-Y Growth Projections, By Type of Home – 2024 to 2034
Fig 48: Europe Market Attractiveness Index, By Type of Home – 2024 to 2034
Fig 49: Europe Market Share, By Country – 2024 to 2034
Fig 50: Europe Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Fig 51: Europe Market Attractiveness Index, By Country – 2024 to 2034
Fig 52: Y-o-Y Growth Comparison of Market: East Asia Vs East Asia Countries Vs East Asia Average
Fig 53: East Asia Market Share, By Functionality – 2024 to 2034
Fig 54: East Asia Market Y-o-Y Growth Projections, By Functionality – 2024 to 2034
Fig 55: East Asia Market Attractiveness Index, By Functionality – 2024 to 2034
Fig 56: East Asia Market Share, By Component – 2024 to 2034
Fig 57: East Asia Market Y-o-Y Growth Projections, By Component – 2024 to 2034
Fig 58: East Asia Market Attractiveness Index, By Component – 2024 to 2034
Fig 59: East Asia Market Share, By Platform – 2024 to 2034
Fig 60: East Asia Market Y-o-Y Growth Projections, By Platform – 2024 to 2034
Fig 61: East Asia Market Attractiveness Index, By Platform – 2024 to 2034
Fig 62: East Asia Market Share, By Type of Home – 2024 to 2034
Fig 63: East Asia Market Y-o-Y Growth Projections, By Type of Home – 2024 to 2034
Fig 64: East Asia Market Attractiveness Index, By Type of Home – 2024 to 2034
Fig 65: East Asia Market Share, By Country – 2024 to 2034
Fig 66: East Asia Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Fig 67: East Asia Market Attractiveness Index, By Country – 2024 to 2034
Fig 68: Y-o-Y Growth Comparison of Market: South Asia Vs South Asia Countries Vs South Asia Average
Fig 69: South Asia Market Share, By Functionality – 2024 to 2034
Fig 70: South Asia Market Y-o-Y Growth Projections, By Functionality – 2024 to 2034
Fig 71: South Asia Market Attractiveness Index, By Functionality – 2024 to 2034
Fig 72: South Asia Market Share, By Component – 2024 to 2034
Fig 73: South Asia Market Y-o-Y Growth Projections, By Component – 2024 to 2034
Fig 74: South Asia Market Attractiveness Index, By Component – 2024 to 2034
Fig 75: South Asia Market Share, By Platform – 2024 to 2034
Fig 76: South Asia Market Y-o-Y Growth Projections, By Platform – 2024 to 2034
Fig 77: South Asia Market Attractiveness Index, By Platform – 2024 to 2034
Fig 78: South Asia Market Share, By Type of Home – 2024 to 2034
Fig 78: South Asia Market Y-o-Y Growth Projections, By Type of Home – 2024 to 2034
Fig 80: South Asia Market Attractiveness Index, By Type of Home – 2024 to 2034
Fig 81: South Asia Market Share, By Country – 2024 to 2034
Fig 82: South Asia Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Fig 83: South Asia Market Attractiveness Index, By Country – 2024 to 2034
Fig 84: Y-o-Y Growth Comparison of Market: Latin America Vs Latin America Countries Vs Latin America Average
Fig 85: Latin America Market Share, By Functionality – 2024 to 2034
Fig 86: Latin America Market Y-o-Y Growth Projections, By Functionality – 2024 to 2034
Fig 87: Latin America Market Attractiveness Index, By Functionality – 2024 to 2034
Fig 88: Latin America Market Share, By Component – 2024 to 2034
Fig 89: Latin America Market Y-o-Y Growth Projections, By Component – 2024 to 2034
Fig 90: Latin America Market Attractiveness Index, By Component – 2024 to 2034
Fig 91: Latin America Market Share, By Platform – 2024 to 2034
Fig 92: Latin America Market Y-o-Y Growth Projections, By Platform – 2024 to 2034
Fig 93: Latin America Market Attractiveness Index, By Platform – 2024 to 2034
Fig 94: Latin America Market Share, By Type of Home – 2024 to 2034
Fig 95: Latin America Market Y-o-Y Growth Projections, By Type of Home – 2024 to 2034
Fig 96: Latin America Market Attractiveness Index, By Type of Home – 2024 to 2034
Fig 97: Latin America Market Share, By Country – 2024 to 2034
Fig 98: Latin America Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Fig 99: Latin America Market Attractiveness Index, By Country – 2024 to 2034
Fig 100: Y-o-Y Growth Comparison of Market: MEA Vs MEA Countries Vs MEA Average
Fig 101: MEA Market Share, By Functionality – 2024 to 2034
Fig 102: MEA Market Y-o-Y Growth Projections, By Functionality – 2024 to 2034
Fig 103: MEA Market Attractiveness Index, By Functionality – 2024 to 2034
Fig 104: MEA Market Share, By Component – 2024 to 2034
Fig 105: MEA Market Y-o-Y Growth Projections, By Component – 2024 to 2034
Fig 106: MEA Market Attractiveness Index, By Component – 2024 to 2034
Fig 107: MEA Market Share, By Platform – 2024 to 2034
Fig 108: MEA Market Y-o-Y Growth Projections, By Platform – 2024 to 2034
Fig 109: MEA Market Attractiveness Index, By Platform – 2024 to 2034
Fig 110: MEA Market Share, By Type of Home – 2024 to 2034
Fig 111: MEA Market Y-o-Y Growth Projections, By Type of Home – 2024 to 2034
Fig 112: MEA Market Attractiveness Index, By Type of Home – 2024 to 2034
Fig 113: MEA Market Share, By Country – 2024 to 2034
Fig 114: MEA Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Fig 115: MEA Market Attractiveness Index, By Country – 2024 to 2034
Fig 116: Y-o-Y Growth Comparison of Market: Oceania Vs Oceania Countries Vs Oceania Average
Fig 117: Oceania Market Share, By Functionality – 2024 to 2034
Fig 118: Oceania Market Y-o-Y Growth Projections, By Functionality – 2024 to 2034
Fig 119: Oceania Market Attractiveness Index, By Functionality – 2024 to 2034
Fig 120: Oceania Market Share, By Component – 2024 to 2034
Fig 121: Oceania Market Y-o-Y Growth Projections, By Component – 2024 to 2034
Fig 122: Oceania Market Attractiveness Index, By Component – 2024 to 2034
Fig 123: Oceania Market Share, By Platform – 2024 to 2034
Fig 124: Oceania Market Y-o-Y Growth Projections, By Platform – 2024 to 2034
Fig 125: Oceania Market Attractiveness Index, By Platform – 2024 to 2034
Fig 126: Oceania Market Share, By Type of Home – 2024 to 2034
Fig 127: Oceania Market Y-o-Y Growth Projections, By Type of Home – 2024 to 2034
Fig 128: Oceania Market Attractiveness Index, By Type of Home – 2024 to 2034
Fig 129: Oceania Market Share, By Country – 2024 to 2034
Fig 130: Oceania Market Y-o-Y Growth Projections, By Country – 2024 to 2034
Fig 131: Oceania Market Attractiveness Index, By Country – 2024 to 2034
Fig 132: United States Market share by Functionality, 2023
Fig 133: United States Market share by Component, 2023
Fig 134: United States Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 135: United States Market Share by Type of Home, 2023
Fig 136: Canada Market share by Functionality, 2023
Fig 137: Canada Market share by Component, 2023
Fig 138: Canada Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 139: Canada Market Share by Type of Home, 2023
Fig 140: Germany Market share by Functionality, 2023
Fig 141: Germany Market share by Component, 2023
Fig 142: Germany Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 143: Germany Market Share by Type of Home, 2023
Fig 144: United Kingdom Market share by Functionality, 2023
Fig 145: United Kingdom Market share by Component, 2023
Fig 146: United Kingdom Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 147: United Kingdom Market Share by Type of Home, 2023
Fig 148: France Market share by Functionality, 2023
Fig 149: France Market share by Component, 2023
Fig 150: France Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 151: France Market Share by Type of Home, 2023
Fig 152: Russia Market share by Functionality, 2023
Fig 153: Russia Market share by Component, 2023
Fig 154: Russia Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 155: Russia Market Share by Type of Home, 2023
Fig 156: Spain Market share by Functionality, 2023
Fig 157: Spain Market share by Component, 2023
Fig 158: Spain Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 159: Spain Market Share by Type of Home, 2023
Fig 160: Italy Market share by Functionality, 2023
Fig 161: Italy Market share by Component, 2023
Fig 162: Italy Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 163: Italy Market Share by Type of Home, 2023
Fig 164: China Market share by Functionality, 2023
Fig 165: China Market share by Component, 2023
Fig 166: China Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 167: China Market Share by Type of Home, 2023
Fig 168: Japan Market share by Functionality, 2023
Fig 169: Japan Market share by Component, 2023
Fig 170: Japan Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 171: Japan Market Share by Type of Home, 2023
Fig 172: South Korea Market share by Functionality, 2023
Fig 173: South Korea Market share by Component, 2023
Fig 174: South Korea Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 175: South Korea Market Share by Type of Home, 2023
Fig 176: India Market share by Functionality, 2023
Fig 177: India Market share by Component, 2023
Fig 178: India Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 179: India Market Share by Type of Home, 2023
Fig 180: Singapore Market share by Functionality, 2023
Fig 181: Singapore Market share by Component, 2023
Fig 182: Singapore Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 183: Singapore Market Share by Type of Home, 2023
Fig 184: Indonesia Market share by Functionality, 2023
Fig 185: Indonesia Market share by Component, 2023
Fig 186: Indonesia Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 187: Indonesia Market Share by Type of Home, 2023
Fig 188: Thailand Market share by Functionality, 2023
Fig 189: Thailand Market share by Component, 2023
Fig 190: Thailand Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 191: Thailand Market Share by Type of Home, 2023
Fig 192: Brazil Market share by Functionality, 2023
Fig 193: Brazil Market share by Component, 2023
Fig 194: Brazil Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 195: Brazil Market Share by Type of Home, 2023
Fig 196: Mexico Market share by Functionality, 2023
Fig 197: Mexico Market share by Component, 2023
Fig 198: Mexico Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 199: Mexico Market Share by Type of Home, 2023
Fig 200: Turkey Market share by Functionality, 2023
Fig 201: Turkey Market share by Component, 2023
Fig 202: Turkey Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 203: Turkey Market Share by Type of Home, 2023
Fig 204: GCC Countries Market share by Functionality, 2023
Fig 205: GCC Countries Market share by Component, 2023
Fig 206: GCC Countries Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 207: GCC Countries Market Share by Type of Home, 2023
Fig 208: South Africa Market share by Functionality, 2023
Fig 209: South Africa Market share by Component, 2023
Fig 210: South Africa Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 211: South Africa Market Share by Type of Home, 2023
Fig 212: Australia Market share by Functionality, 2023
Fig 213: Australia Market share by Component, 2023
Fig 214: Australia Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 215: Australia Market Share by Type of Home, 2023
Fig 216: New Zealand Market share by Functionality, 2023
Fig 217: New Zealand Market share by Component, 2023
Fig 218: New Zealand Market Value (US$ Mn) and Forecast 2024 to 2034
Fig 219: New Zealand Market Share by Type of Home, 2023
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the connected home market in 2024?
The global connected home market is estimated at US$ 66.01 billion in 2024.
What are the forecasted sales for connected home solutions in North America?
Sales of connected home solutions in North America are estimated to reach US$ 22.25 billion in 2024.
What is the demand projection for connected home solutions by the end of 2034?
Worldwide demand for connected home solutions is projected to reach a market value US$ 220.12 billion by 2034.
What is the forecasted value for the East Asia market?
By 2034-end, the market in East Asia is projected to reach US$ 58.99 billion.
What is the projected value for the market in Japan?
The market in Japan is projected to reach US$ 11.92 billion by the end of 2034.
Who are the top providers of connected home solutions?
Leading companies in the market are Honeywell, Siemens, and Johnson Controls.
Connected Home Market