Learn about the global single-family smart homes market through The Business Research Company, which provides information on single-family smart homes market size, single-family smart homes market drivers and restraints, single-family smart homes market players, the COVID-19 impact on the single-family smart homes market, and more.

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The global single-family smart homes market size is expected to grow from $70.15 billion in 2021 to $83.78 billion in 2022 at a compound annual growth rate (CAGR) of 19.4%. The growth in the single-family smart homes market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The single-family smart homes market is expected to reach $162.87 billion in 2026 at a CAGR of 18.1%.

The increasing number of connected homes and growing implementation of smart home appliances including speakers, home healthcare products, lightning systems, smart kitchen, smart furniture, and HVAC control solutions is expected to drive innovation in single-family smart homes manufacturing, thus driving the market during the forecast period.

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The single-family smart homes market consists of sales of smart appliances and their related services used in single-family homes. Smart homes are futuristic buildings equipped with advanced electronics and wireless devices. The smart home system requires a web portal or smartphone application to interact with the automated system as a user interface. The smart home appliances include smart entertainment, smart lighting, home security and smart appliances, which are controlled by sensors, timers, switches and remote controllers.

Global Single-Family Smart Homes Market Segments Include:

By Product: Smart Lighting, Entertainment, Smart Appliances, Others

By Technology: Wi-Fi, Bluetooth, GSM/GPRS, RFID, Others

By Software And Service: Proactive, Behavioural

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the single-family smart homes market in 2021.

Technological advancements related to the internet of things (IoT) and smart home devices is a major trend in the industry.

TBRC’s single-family smart homes market report covers:

Major Market Players: Lennar Corporation, Meritage Homes Corporation, Metricon, Porter Davis, Henley, Carlisle, Elan Homes (Nortek Security & Control, LLC), PulteGroup Inc., KB Smart Home, TRI Pointe Group.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Single-Family Smart Homes Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides single-family smart homes market overviews, analyses and forecasts market size, share, single-family smart homes market players, single-family smart homes market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s single-family smart homes market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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