World Industries Home Automation Market 2018-2025 Report
According to the global Home Automation Market report published by Value Market Research, the
market is expected to touch USD 61.5 BN by 2025, with a CAGR of 24% growing from USD 13.6 BN (by
revenue) in 2018. This is a tailored made research report providing informative data and various critical
aspects of the market such as market outlook, market share, growth, and trends. Further, the report
also offers evidence-based information that helps to transform clients business and achieve their
business goals. Moreover, the report also highlights the key strategy of top players. Additionally, this
report covers a wide spectrum of services such as the latest technology trend, market opportunity
analysis, and competitive landscape.
The report also covers detailed competitive landscape including company profiles of key players
operating in the global market. The key players in the home automation market include 2GIG
Technologies, AMX LLC, ADT Corporation, Control4 Corporation, Crestron Electronics, Inc., Honeywell
International Inc., iControl Networks Inc., Johnson Controls, Schneider Electric SA, Siemens AG and
Vantage Controls. An in-depth view of the competitive outlook includes future capacities, key mergers &
acquisitions, financial overview, partnerships, collaborations, new product launches, new product
developments and other developments with information in terms of H.Q.
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Market Dynamics
Rising adoption of IoT and automation is the majorly driving the market growth. Rise in disposable
income, busier lifestyle leading to increasing demand for automation is again fueling the market growth.
In addition to this, increasing use of smart phone based application, rise in digital savvy consumer and
rapid Internet connectivity are some of the factors contributing the market growth. In spite of this, high
initial installment cost is likely to hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using
numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain
analysis. These tools are employed to gain insights of the potential value of the market facilitating the
business strategists with the latest growth opportunities. Additionally, these tools also provide a
detailed analysis of each application/product segment in the global market of home automation.
Browse Global Home Automation Market Research Report with detailed TOC at:
https://www.valuemarketresearch.com/report/home-automation-market
Market Segmentation
The broad home automation market has been sub-grouped into product, application and networking
type. The report studies these subsets with respect to the geographical segmentation. The strategists
can gain a detailed insight and devise appropriate strategies to target specific market. This detail will
lead to a focused approach leading to identification of better opportunities.
By Product
Luxury (Custom) Home Automation System
Mainstream Home Automation System