Learn about the global Smart Home Devices market through The Business Research Company, which provides information on smart home devices market size, smart home devices market drivers and restraints, smart home devices market players, the COVID-19 impact on the smart home devices market, and more.

The global smart home devices market size is expected to grow from $78.44 billion in 2021 to $92.48 billion in 2022 at a compound annual growth rate (CAGR) of 17.9%. The change in the smart homes device market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $176.10 billion in 2026 at a CAGR of 17.5%.

The rise in the need to save energy and decrease carbon emission drives the smart home devices market.

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The smart homes devices market consists of sales of smart home appliances and devices. Smart home devices are controlled remotely from any internet-connected place in the world using a mobile or any other network device. Appliances of the smart homes are interconnected in such a manner that the user gets the access to control the functions such as security check to the home, temperature, lighting, and home theatre.

Global Smart Home Devices Market Segments Include:

By Technology: Wi-Fi, Bluetooth

By Application: Energy Management, Climate Control System, Healthcare System, Home Entertainment System, Lighting Control System, Security and Access Control System

By Sales Channel: Online, Offline

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Companies are developing voice assistants to control smart home devices. Voice assistants are digital assistants that react to voice commands and reply with relevant information. They are different from the traditional keyboard-based searches. They put more focus on the conversational phrasing of any content and prioritize the long tail keywords for any search.

TBRC’s smart home devices market report covers:

Major Market Players: ABB Ltd, General Electric Company, Johnson ControlsInc., Siemens AG, Schneider Electric SE, Honeywell International, LG Electronics, Emerson Electric Corporation, BSH Hausgerate GmbH, and Amazon Inc.

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 (2016-21) and ten years forecast (2022-2026-2031)

The Smart Home Devices Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides smart home devices market overviews, analyzes and forecasts market size, share, smart home devices market players, smart home devices market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s smart home devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Smart Home Security Global Market Report 2022

Smart Lighting Global Market Report 2022

Smart Dishwashers Global Market Report 2022

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