The global smart home and office market is getting traction from factors like the rising demand for comfort, energy-efficient systems, the inclusion of advanced technologies, hike in disposable income, security concerns, convenience, incorporation of 5G technologies, government support, and others. Market Research Future (MRFR) revealed that the smart home and office market could record a rise by 11.5% CAGR during the forecast period of 2019 to 2025 to scale valuation of USD 92.18 billion.
Segmentation:
The global report on the smart home and office market
includes a discussion on segments like product, standard, and end user.
By product, the market includes segments like lighting
controls, access controls, surveillance products, HVAC controls, and other
products. The lighting controls segment can be discussed on the basis of
sensors, dimmers, relays, switches, and others. The access controls segment
includes smart card readers, biometric readers, smart locks, and others. The
surveillance products segment includes a study of storage and monitoring
devices, security cameras, and others.
By standard, the global market includes a study of KNX,
Z-Wave, Enocean, Bacnet, Dali, Infrared, Zigbee, and Wi-Fi. The Wi-fi segment
is getting substantial traction as several operators are relying on this to
increase their market reach.
By end user, the report on the global market studies segments
likes smart home and smart office. Both are sub-segmented on the basis of
renovations and new constructions.
Get Free Sample Report @ https://www.marketresearchfutu...
Regional Analysis:
Investment capacity and structural support would help North
America retain its dominating position. The smart home and office industry in
the region will also benefit from the growing inclination towards a digitalized
system.
Competitive Landscape:
Samsung Electronics Co. Ltd. (South Korea), ABB Group (South
Korea), Siemens AG (Germany), Eaton Corporation PLC (Ireland), Lutron
Electronics Co., Inc. (US), Sony Corporation (Japan), United Technologies
Corporation (US), Johnson Controls International PLC (Ireland), Ingersoll-Rand
PLC (Ireland), Legrand SA (France), Assa Abloy Group (Sweden), Gira Giersiepen
GmbH & Co. KG (Germany), ADT (US), Crestron Electronics, Inc. (US),
Schneider Electric SE (France), Robert Bosch GmbH (Germany), Hager Group
(Germany), MDT Technologies GmbH (Germany), Honeywell International Inc. (US).
Industry News:
In August 2020, Johnson Controls, a company that made its
name as smart building technology and controls system provider, announced its
acquisition of security technology company Qolsys. Qolsys is known for being a
leading resident and commercial security technology provider to the Smart Home
and Office market.
The COVID-19 crisis has the potential to impact the market.
The effects of this pandemic are manifesting gradually. In many countries,
financial condition is getting worse. In such a scenario, the market may find
itself in deep waters as people may prefer holding back their plans to invest.
If you have any requirements, let know and we will customize
the report according to your need.
FOR MORE DETAILS – https://www.marketresearchfutu...
TABLE OF CONTENTS:
- MARKET INTRODUCTION
- RESEARCH METHODOLOGY
- MARKET DYNAMICS
- EXECUTIVE SUMMARY
- MARKET FACTOR ANALYSIS
- SMART HOME AND OFFICE MARKET, BY SEGMENTS
- COMPETITIVE ANALYSIS
More…
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Us
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment