Future of Smart and Connected Homes, 2019-2025: Partnerships Between Smart-Home Product Providers and Utility, Telecom, Insurance, and Online Retail Companies are Crucial for Mass Market Adoption

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Oct 08, 2019, 14:30 ET

DUBLIN, Oct. 8, 2019 /PRNewswire/ -- The "Future of Smart and Connected Homes, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The total smart and connected homes market is estimated to reach $262.63 billion growing at a compound annual growth rate (CAGR) of 7.5% till 2025.

The smart and connected homes market is an evolving and dynamic sector that is poised for solid growth in the next 7 years. The market is mainly driven by demand for enhanced safety and personal comfort, increased energy and cost savings, growing acceptance of new products, improved adoption of high-speed Internet connectivity in developing countries, new business models, and enhanced competition from different market participants.

The CAGR would be in double digits if smart TVs were not considered in the total market revenue; however, we have chosen to include it in the scope of this research study, as it is an integral part of the smart home ecosystem.

The home entertainment segment contributed 82.7% of the total market revenue and will continue to remain the highest contributor in the forecast period as well. Home energy management systems (HEMS) segment is expected to witness accelerated growth with a CAGR of 21.0% till 2025.

Key Topics Covered:

1. Executive Summary

Key Findings
Key Findings - Market Opportunities
Key Findings - Market Trends in Developed Economies
Key Findings - Market Trends in Emerging Economies
Key Market Developments
CEO's 360 Degree Perspective
Associated Research and Multimedia on Smart and Connected Homes

2. Market Overview

Market Definition
Market Definition - Home Energy Management
Market Definition - Home Automation and Safety and Security
Market Definition - Home Entertainment
Market Definition - Health and Wellness
Homes Evolving Beyond Smart Homes
Smart Home Layout
Smart Home Technology Stack
Research Methodology
Market Segmentation by Smart Home Segments
Key Questions this Study will Answer

3. Drivers and Restraints - Total Smart and Connected Homes Market

Key Market Drivers
Drivers Explained
Key Market Restraints
Restraints Explained

4. Forecasts and Trends - Total Smart and Connected Homes Market

Revenue Forecast
Connected Devices Volume Forecast
Percent Revenue Forecast by Segment
Revenue Forecast Discussion
Revenue Forecast by Construction Type
Revenue Forecast by Construction Type Discussion

5. Smart and Connected Homes Penetration

Global Smart and Connected Homes Penetration
Smart Home Device Ownership in Developed Countries by 2025

6. Home Energy Management Segment Analysis

Revenue Forecast
Technology Trends

7. Home Automation and Control Segment Analysis

8. Home Safety and Security Segment Analysis

9. Home Entertainment Segment Analysis

10. Health and Wellness Segment Analysis

11. Regional Analysis with Key Country Findings

Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast by Region Discussion
Percent Revenue Breakdown by Key Countries
Key Findings - United States
Key Findings - United Kingdom
Key Findings - Germany
Key Findings - France
Key Findings - Nordics
Key Findings - Benelux
Key Findings - India
Key Findings - UAE
Key Findings - China
Key Findings - Brazil

12. Customer Perspectives on Smart and Connected Homes

Ranking of Success Factors for Adoption of Smart Home Devices
Perceived Benefits of Smart Home Device Purchases Among Non-users
Priority of Home Owners to Buy Smart Home Devices in the Next 5 Years
Smart Home Appeal by Countries
Smart Home Appeal by Segments
Channel of Purchase of Smart Home Devices
Willingness to Pay for Smart Home Devices
Ranking of Barriers to Adoption of Smart Home Devices

13. Growth Opportunities and Companies to Action

Growth Opportunity 1 - IoT-enabled Products
Growth Opportunity 2 - Data Analytics and Cloud Computing
Growth Opportunity 3 - Products with Functionality Integration
Growth Opportunity 4 - Strategic Partnerships
Strategic Imperatives for Success and Growth

14. Conclusion

3 Big Predictions
Legal Disclaimer

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