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IoT Home Automation Market – Global Industry Analysis and Forecast (2023-2029)

Global IoT Home Automation Market accounted for US$ 81.4 Bn in 2022 and is expected to grow at a CAGR of 12.1 % over the forecast period 2023-2029, to account for US$ 181.2 Bn in 2029.

IoT Home Automation Market Overview:

The goal of this research is to give a comprehensive overview of the IoT Home Automation Market by segment, industry, and geography. The research includes thorough information on the primary elements impacting the IoT Home Automation Market industry's growth. The research also includes an in-depth evaluation of the market's value chain.

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Market Scope:

The research technique used to analyze and predict the IoT Home Automation Market begins with the collection of revenue data from major suppliers using secondary research sources. Vendor offers are also taken into account while developing market segmentation. The income of big firms was used to estimate the overall size of the IoT Home Automation Market using the bottom-up technique.

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Segmentation:

by Installation

Luxury home
Mainstream home
Managed home
DIY Home


by Application

Lighting
Safety & security
HVAC
Entertainment
Others

Key Players:

The major players covered in the IoT Home Automation Market report are

1. AMX
2. ADT Pulse
3. Control4 Corporation
4. Crestron
5. Vera
6. HomeSeer
7. SmartThings
8. Frontpoint
9. Savant
10. Siemens AG
11. Johnson Controls
12. Honeywell
13. United Technologies Corporation
14. Schneider Electric
15. Acuity Brands
16. Monitronics International
17. Vivint Inc.
18. Assa Abloy.
19. Sylvania
20. Ring
21. Wink
22. TP-Link
23. SimpliSafe

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Regional Analysis:

A research team conducted extensive primary and secondary research for the worldwide industry's IoT Home Automation Market study. Secondary research has been conducted in order to improve the available data, segment the market, assess total market size, forecast market size, and growth rate. Various approaches for calculating market value and market growth rate have been established. Our staff collects market facts and data from many areas in order to provide a more realistic regional perspective. The research's country-level analysis is developed by examining multiple regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic indicators.

Separate market share data is provided for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts should maximize their competitive strengths and do competitive analysis on each rival independently.

COVID-19 Impact Analysis on IoT Home Automation Market :

The IoT Home Automation Market research also includes a complete assessment of COVID-19's influence on the IoT Home Automation Market based on import, suppliers, and market players.

Key Questions Answered in the IoT Home Automation Market Report are:

  • Which segment was responsible for the largest share in the IoT Home Automation Market ?
  • How was the competitive scenario of the IoT Home Automation Market in 2023?
  • Which are the key factors responsible for the IoT Home Automation Market growth?
  • Which region held the maximum share in the IoT Home Automation Market in 2023?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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