North America Smart Home Market Opportunities & Forecast (2018-2025) North America Smart Home Market Opportunities | Page 3
Figure 2: North America Smart Home Market Revenue, by Countries, 2017
Source: GMI Research
Based on countries, the US 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 North
America smart home market
Some of the key players operating in the North America smart home market are
Dell Technologies Inc, Siemens AG, Qualcomm Technologies, General Electric
Company, Koninklijke Philips N.V., Schneider Electric SE, Honeywell
International Inc, Vivint Inc., Google, LLC, and Samsung Electronics Co.
The North America 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.