The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Home Automation Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast period 2023 to 2033.
The team of researchers at Future Business Insights are focusing on research and market study to produce different Home Automation Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Home Automation Market.
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Competitive Landscape
A rising trend towards smart city along with the rising awareness among the consumers regarding the smart home appliances are arousing the demands for home automation.
- In January 2023, Skyworks Solutions, Inc. in collaboration with Semtech Corporation had launched SKY66423-SX1261 for low-power wide-area networks (LPWAN). It incorporates Semtech’s LoRa ConnectTM SX1261 transceiver with SKY66423 front-end module (FEM) for usage in a wide range of industrial and smart home automation.
- In January 2023, Shelly, a division of Allterco Robotics, Ltd, had launched eight new smart home automation devices at the Consumer Electronics Show (CES). It has enhanced the functionality of their latest devices while remaining faithful to the brand’s principal advantages of affordability, interoperability, accessibility, energy efficiency, and simplicity of installation.
Key players
- AMX
- ADT Pulse
- Control4 Corporation
- Crestron
- Vera
- HomeSeer
- SmartThings
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Home Automation Market by Category
By Product:
- Luxury home Automation System
- Mainstream Home Automation System
- Managed Home Automation System
- DIY (Do It Yourself Home Automation System)
By Application:
- Safety and Security
- Lighting
- Entertainment (Audio and Video)
- Heating, Ventilation and Air conditioning
- Others
By Networking Technology:
- Wired Home Automation System
- Wireless Home Automation System
- Computing Network Home Automation System
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Queries Solved
- What is the size of the overall Home Automation Market in the Technology Market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the Home Automation Market in the Technology Market, and how they are expected to impact the market?
- What are the attractive investment opportunities within the Home Automation Market in the Technology Market?
- What is the Home Automation Market in the Technology Market size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in Home Automation Market in the Technology Market?
- What are the recent trends in Home Automation Market in the Technology Market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Home Automation Market in the growth of the Technology Market?
- What are the key market trends impacting the growth of the Home Automation Market in the Technology Market?
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Market Background
Reasons to Buy the report
- The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
- We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
- Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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