According to market research study published by Gen Consulting Company, the market size of the global smart home sector is expected to rise by USD 205 billion with a CAGR of 21.3% by the end of 2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the component, technology, application, and region. The global market data on smart home can be segmented by component: hardware, services, software. Smart home market is further segmented by technology: computing networks, power line, wired, wireless. Based on application, the smart home market is segmented into: energy management, entertainment, healthcare and assisted living systems, home fitness & wellness, HVAC, lighting, security & surveillance, smart home appliances, others. On the basis of region, the smart home market also can be divided into: North America, Europe, Asia-Pacific, Rest of the World.

The global smart home market is highly competitive. The prominent players operating in the global smart home market include ABB Ltd., ADT Inc., Alphabet Inc., Amazon.com Inc., Crestron Middle East FZ LLC, Emerson Electric Co., Haier Group Corporation, Honeywell International Inc., Huawei Technologies Co. Ltd., Johnson Controls International plc, Legrand S.A., LG Corporation, Osram Licht AG, Schneider Electric SE, Siemens AG, Signify N.V., The Samsung Group, The Whirlpool Corporation, Vivint Inc., Xiaomi Corporation.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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