Global Home Automation Market : Trends, Forecast, and Opportunity Analysis 1.

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Presentation transcript:

Global Home Automation Market : Trends, Forecast, and Opportunity Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Application Safety and security, entertainment control, lighting, HVAC control, and others Market Segments by Installation Type Managed service, luxury, mainstream, and DIY Market Segments by Technology Wired and wireless Market Segments by Region North America, Europe, Asia Pacific and Rest of the World Top Companies Name ADT Corporation, Control4 Corporation, United Technologies Corporation, Honeywell, Johnson Control, Siemens AG, Acuity Brands, AMX Inc., Monitronics International, and Vivint Inc., Trend Growth Rate and CAGR11.4% Key Industry Forecast The global home automation market is expected to reach an estimated $75.2 billion by 2022 with a CAGR of 11.4% from 2017 to 2022 Key Industry Driver Driver: Increasing consumer need for simplicity and a personalized experience, growing awareness related to safety and security, and the adaption of cloud- based technologies 2

Industry Overview Market Size The global home automation market is expected to reach an estimated $75.2 billion by 2022 with a CAGR of 11.4% from 2017 to Emerging trends, which have a direct impact on the dynamics of the home automation industry, include growing demand for internet of things (IoT) technology in home automation systems, development of video enabled drones, and constant developments in security technology products such as smart cameras and various sensors and detectors. Market Size (2022)$75.2 billion CAGR ( )11.4% 3 Industry Performance : Forecast