Europe Smart Home Market : Opportunities & Forecast, 2018-2025 Europe Smart Home Market Opportunities | Page 4

Based on countries, Germany held the largest share in the
market in 2017 owing to the growing number of millionaires
and the presence of high spending consumers. Further, the
growing penetration of smartphones, smart surveillance
cameras, and wearable activity trackers are likely to boost
the growth of the smart home market in Germany. It is
projected, that the UK market will be the fastest growing
smart home market during the forecast period.
Some of the key players operating in the Europe smart home
market are Siemens AG, Schneider Electric SE, Honeywell
International Inc., Ingersoll-Rand PLC, ABB Group, Legrand
S.A., Google, LLC, and Samsung Electronics Co.
The Europe smart home market has been segmented based
on applications and key geographies. Based on applications,
the market is categorized into lighting control, security and
access control, HVAC control, home healthcare, home
appliances, entertainment, and others.
The research report “Europe smart home market” provides
in-depth analysis of Europe smart home across the region,
based on applications and key countries for the forecast
period from 2018 to 2025. The report highlights the major
market drivers propelling the growth as well as challenges
faced by the market participants. The research report also
provides market size and forecast for the Europe smart
home market. The report also analyses the competitive
landscape, major players and their strategies in 2018. The
competitive landscape section of the report captures and
highlights the recent developments in the market.