The Global Smart Homes market is estimated to be $13.4 billion by 2014, growing at a CAGR of 16.5% from 2009 to 2014, driven by the increasing ageing population worldwide.
Online PR News – 18-May-2010 – – The Global Smart Homes Market report analyzes the smart home products and services market over the period 2009-2014. The report studies the major market drivers, restraints, and opportunities for the Global Smart Homes market.
Browse more than 15 market data tables and in-depth TOC on Global Smart Homes Market.
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The Global Smart Homes market is estimated to be $13.4 billion by 2014, growing at a CAGR of 16.5% from 2009 to 2014, driven by the increasing ageing population worldwide. The markets for smart home products and services are expected to grow at a CAGR of 16.3% and 17% respectively. Rise in the ageing population is the major driving force for the growth of the market. Government initiatives and rising smart home adoption rates due to increasing personal income in Asia are also boosting the market.
Further, growing interest from consumer electronics industry and novel technologies are also expected fuel market growth in the coming years. However, there is a need for common standards for the usage of smart home technologies such as Zigbee, Z-Wave, KNX, Insteon etc. Moreover, ethical guidelines on the use of technologies that raise privacy issues are also required. Market players are now focusing on new product and consolidations to enhance their commercial portfolios. Collaborations, new product launches and improvements in the existing line of products are the major growth strategies employed by the companies in order to main a competitive position in the market.
Scope and Format
The report analyzes the Global Smart Homes market into the following segments:
• Smart Home Products Market (Security, Lighting, HVAC, Entertainment, Home Health, Energy Management)
• Smart Home Services Market (Installation & Repair, Customization)
The market data consists of aggregate sales figures of all Global Smart Homes submarkets. It analyzes the market aspects of products and services; sourcing key market developments from the top companies that it profiles.
Analyst Briefing Presentation on the Global Smart Homes Market to be held on 25th May 2010
The Semiconductor & Electronics practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Global Smart Homes Market to be held on 25th May 2010. The briefing on the Global Smart Homes market (2009-2014) will benefit the device manufacturers, suppliers and builders.
Table of contents
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.5 Research Methodology
3 Market Overview
3.1 Evolution of smart homes
3.1.1 moving from basic intelligent homes to connected homes
3.2 new Technologies create new possibilities
3.3 Newly built versus retrofit homes
3.3.1 Architects & Builders point of view
3.4 Market challenges
3.5 User acceptance of smart homeS
3.6 Target group for smart homes
3.7 Asia – a virtually untapped market
3.8.1 Increasing ageing population
3.8.2 Government initiatives
3.8.3 Rising adoption rates
3.9.1 Lack of consumer awareness
3.9.2 Lack of initiatives from, construction & real estate sector
3.9.3 Affordability issues
3.10.1 Growing interest of consumer electronics industry
3.10.2 New Technologies
3.10.3 Rising personal income & growing middle class in Asia
4 Smart Homes Product Market
188.8.131.52 Affordability of home security systems
184.108.40.206 Security for independently living senior citizens and disabled
220.127.116.11 Discounts up to 20% on purchasing home security systems
18.104.22.168 Easy to setup wireless network technology
22.214.171.124 Increasing need for security
126.96.36.199 Lack of end-user awareness
188.8.131.52 Privacy issues
184.108.40.206 Increasing security threats
4.1.4 Security Features
4.1.5 Networked security Cameras
4.1.6 Motion detectors
4.1.7 Vehicle detection
4.1.8 Door handles
4.1.9 Video door phones
4.2 Lighting controllers
220.127.116.11 Increasing customization
18.104.22.168 Minimizes energy wastage
22.214.171.124 Lag between technology innovation and consumer adoption
126.96.36.199 Size of residential homes
188.8.131.52 Change in perception towards cost efficient lighting
4.2.4 Lighting Features
4.3.1 entertainment features
4.3.2 DVD player
4.3.3 Set top boxes
4.4 Energy Management
4.5 Home Health
4.5.1 Drivers & RestraintS
184.108.40.206 Healthcare for the physically & mentally challenged
220.127.116.11 Lack of awareness and general healthcare facilities.
18.104.22.168 Protects privacy of patients
22.214.171.124 HVAC system replacement & home architecture improvement
126.96.36.199 Growing awareness of the financial benefits of energy conservation
188.8.131.52 Mature HVAC market in Europe
184.108.40.206 Close association with prevailing economic scenario
220.127.116.11 EC mandate to reduce GHG to provide stimulus to the market
18.104.22.168 Changing attitude of builders and developers
4.7.3 Microwave oven
5 Smart homes services market
6 Smart homes networking technologies
6.1.5 lon works
6.1.7 Other technologies
7 Geographic analysis
7.1 North America
8 Competitive Landscape
9 Patent Analysis
10 Company Profiles
10.1 Home Inc
10.2 Actiontec Electronics
10.4 Armour Home Electronics
10.5 Cisco Systems Inc.
10.6 Colorado vNET
10.9 Cortexa Automation
10.1 Crestron Europe
10.11 Cytech Europe Ltd
10.12 Domia Ltd
10.13 Exceptional Innovation
10.14 ELAN home systems
10.16 GE Security Inc
10.17 Gewa AB
10.18 Home Automation Europe
10.19 Home Automation Inc.
10.21 iControl Networks
10.22 InGrid Inc.
10.24 Intermatic Inc
10.25 Lagotek Corporation
10.29 Logitech International
10.30 Lutron Electronics Inc.
10.31 Netgear Inc.
10.32 Overhead Door Corporation
10.33 Pacific Controls LLC
10.35 Remote Technologies, Inc.
10.36 Schneider Electric
10.37 Schlage Locks Company
10.38 Seluxit ApS
10.39 Siemens Schweiz AG
10.40 Sigma Designs Inc
10.41 SmartHome Controls Ltd.
10.42 SmartLabs, Inc.
10.44 Vantage Controls
10.46 Vity Technology
10.47 Xanboo Inc.
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