Global Market Study on Connected Homes: Energy and Utilities Management Segment by Functionality Estimated to Cross US$ 34 Bn in Valuation by 2026 End

Connected Homes  Market
  • Published On : Dec-2017 |
  • Pages : 188 Pages |
  • Format : Connected Homes  Market Connected Homes  Market Connected Homes  Market Connected Homes  Market

Control and automation – establishing a neural network with the user – basic concept of a connected home

Control and automation has enabled interoperability which is the key of success when it comes to home automation. Communication between the user and appliance regarding energy usage, as well as respond to demands as well as response commands is now possible with the advancement in automation and control. Home energy management, the main aspect of home automation has huge growth opportunity which is indeed pushing the market for connected homes.

Connected home concept emerged after the introduction of IoT (internet of things). The user can control his/her home with the help of a control hub which connects the user with his/her home and links the user with various household appliances through digital devices. The users can get practically connected with their homes and hence the name connected home. The devices that the user can get connected to in a connected home range from automated doors, wall scones to heating systems and other appliances like televisions, thermostats and many more. To draft in a single line, connected home is a complete technology package of various solutions and services that together add huge value to end users/customers.

Persistence Market Research has underlined the fact that the global market for connected homes has a bright future ahead, with all new technologies and innovative products supporting its growth. The rise in technology is inevitable that is pushing the growth of connected home market. It won’t be long when each home would have a “Jarvis”, except for the user without a suit. The global connected home market has been rising and is in limelight since past couple of years. The global market in 2017 stood at around US$ 42 Bn and is anticipated to reach an estimate as high as US$ 140 Bn or even more by the end of the year of assessment (in this case 2026). This expansion in revenue is accompanied by a whooping growth rate reflecting a huge CAGR throughout the period of assessment (2017-2026).

Smart appliances have high demand, making living connected & easy

The growth of the global connected homes market is closely associated with the expansion of the smart appliances segment, a category in the functionality classification. The smart appliances segment is expected to largely contribute to the revenue of the global market throughout the forecast period. This segment, during 2012-2016 reflected comparatively slower growth, however it picked up steam with the increasing awareness among population at a global level. In 2017, it reflected a value of around US$ 7 Bn but is estimated to reach a valuation of more than US$ 36 Bn by the end of 2026. This segment is also projected to grow at the highest CAGR during the period of assessment.

Competitive landscape of the global market

Persistence Market Research has included profiles of major companies involved in connected homes market. Key company details such as SWOT analysis, product and services platforms, strategies and key financials of major players such as 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 included in this research study.

Persistence Market Research uses a unique research methodology which is a strong blend of secondary and in-depth primary research. Extensive primary interviews with key market players, stakeholders, market observers and experts are carried out to collect necessary data and information pertaining to various segments and across key regions. The data crunching and statistical analysis so performed undergoes multiple layers of validation to garner appropriate market insights which could benefit business by impacting critical decisions. The exhaustive research methodology has been applied to thoroughly understand and study the market for connected homes and the findings and insights have been skilfully crafted following a systematic structure in the new report titled “Connected Homes Market: Global Industry Analysis (2012-2016) and Forecast (2017-2026)”.

Research report on global connected homes market offers support in every respect

The market research report on global connected homes is a comprehensive market research study which focuses on the global scenario and provides actionable acumen on various factors which influence the market which is possible with the help of strong data and statistical analyses. It delivers an unbiased view of the market by including analysis on various market segments across the major geographies of North America, Latin America, Europe, Asia Pacific and Middle East and Africa (MEA). The global research report on connected homes market has an in-depth weightage on statistics, figures, numbers and graphs which is based on a clear market definition. This will enable the reader to take informed decisions with the help of well-furnished insights. The upcoming trends and developments, new innovations in products and varying product portfolios, new acquisitions, end user analysis and much more actionable acumen give a 3600 view to the market ultimately providing the reader with necessary tools to devise strategies in order to establish firm grip in a particular region or in a particular segment in the global connected homes market.

Market Nomenclature





Type of Homes

  • North America
  • Energy and Utilities Management
  • Lighting Control Solution
  • Smartphones
  • Apartment
  • Latin America
  • Smart Entertainment
  • Security Solution
  • Laptops
  • Villa/Bungalow
  • Europe
  • Wellness and Monitoring
  • Entertainment Solution
  • Home Gateway
  • Other Homes
  • Japan
  • Security and Safety
  • Home Healthcare Solution
  • Other platforms
  • APEJ
  • Smart Appliance
  • Energy Management Solution
  • MEA
  • Kitchen Solution
  • HVAC Solution
  • Professional Services
  • Managed Services

A detailed competitive analysis covered in the research report

The global connected homes market research study covers competitive landscape that includes market shares, revenues, growth strategies applied, product portfolio analysis, distribution channels, expansion in several geographies, marketing strategies, SWOT analysis, pricing analysis, etc., of the various key players in the global connected homes market. Such an intelligence framework can be used to gain competitive advantage in the long run, especially helpful for new entrants in the connected homes market.

Delivering value to key market stakeholders

  • In-depth market analysis, with scrutiny across important geographies
  • Weighted market segmentation to have a complete market understanding
  • Historical data, current statistics and a projected view of the market (forecasts) over a period of five years available in a well-structured format
  • Competitive landscape covering analyses on key players
  • Unbiased view of the global market drawing a realistic outline of data projections
  • Strong accurate research from a strategic standpoint to gain strategic advantage
  • Weighted analyses which covers each and every aspect of the global connected homes market

Companies covered in Connected Homes Market Report

Company Profiles

  • Ericsson AB
  • Schneider Electric Se
  • Siemens AG
  • ABB Ltd.
  • Honeywell International, Inc.
  • General Electric Company
  • United Technologies Corporation
  • Johnson Controls, Inc.
  • Legrand S.A.
  • Samsung Electronics Co., Ltd.
  • Others
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