Strategic Partnerships and Mergers: Catalysts for Revenue and Smart Home Devices Market Growth

The global smart home devices market size reached USD 84.52 Billion in 2021 and is expected to register a revenue CAGR of 10.4% during the forecast period, according to latest analysis by Emergen Research. The incorporation of lighting controllers with in-built data-connectivity technology is an important factor driving market revenue growth.

The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Smart Home Devices market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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The leading market contenders listed in the report are:

SAMSUNG, LG Electronics, Honeywell International Inc., Koninklijke Philips N.V, Amazon.com, Inc., Robert Bosch GmbH, Apple Inc, Panasonic Holdings Corporation, Sony Corporation

The research study examines historic. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Overview:

The report bifurcates the Smart Home Devices market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

Product Outlook (Revenue, USD Billion; 2019–2030)

• Fire Suppression
• Lighting Control

1. Relays
2. Occupancy Sensors
3. Daylight Sensors
4. Timers
5. Dimmers
6. Switches
7. Accessories and Other Products

• Security and Access Control

1. Video Surveillance
2. Hardware
3. Software/Video Analytics
4. Price Ranges

• Access Control

1. Biometric Access Control
2. Non-Biometric Access Control

• HVAC Control

1. Smart Thermostats
2. Sensors
3. Control Valves
4. Heating & Cooling Coils
5. Dampers
6. Actuators
7. Pumps & Fans
8. Smart Vents

• Entertainment and Other Controls

1. Entertainment Control
2. Other Controls

• Smart Speaker
• Home Healthcare

1. Health Status Monitors
2. Physical Activity Monitors

• Smart Kitchen

1. Smart Refrigerators 
2. Smart Coffee Makers
3. Smart Kettles
4. Smart Dish Washers
5. Smart Ovens
6. Smart Cooktops
7. Smart Cookers

• Home Appliances

1. Smart Washers
2. Smart Dryers
3. Smart Water Heaters
4. Smart Vacuum Cleaners

• Smart Furniture

1. Smart Tables
2. Smart Desks
3. Smart Stools & Benches
4. Smart Sofas
5. Smart Chairs

Price Range Outlook (Revenue, USD Billion; 2019–2030)

• Below USD 25 Smart Home Device
• USD 25-50 Smart Home Device
• Above USD 50 Smart Home Device

Sales Channel Outlook (Revenue, USD Billion; 2019–2030)

• Online
• Offline

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

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Regional Analysis Covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key reasons to buy the Global Smart Home Devices Market report:

1. The latest report comprehensively studies the global Smart Home Devices market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products & services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.