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The Business Research Company offers smart homes market research report 2023 with industry size, share, segments and market growth
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Smart Homes Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Smart Homes Market Segments The Business Research Company segments it’s smart homes market report as: Lighting Control, Security And Access Control, Heating, Ventilation, And Air Conditioning (HVAC) Control By Product By Software And Services Behavioural, Proactive By Sales Channel Direct, Indirect By Technology Wireless Technology, Cellular Network Technology By Standards And Protocols Wireless Protocols, Wired Protocols, Hybrid Protocols
Market Statistics The global smart homes market size grew from $91.03 billion in 2022 to $110.02 billion in 2023 at a compound annual growth rate (CAGR) of 20.9%. The smart homes market size is expected to grow to $234.86 billion in 2027 at a CAGR of 20.9%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The growing adoption of smart devices is expected to propel the growth of the smart home market. Trends Technological advancements are shaping the smart homes market. • Region Asia-Pacific was the largest region in the smart homes market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in smart homes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Key Market Players • Major players in the smart homes market are: • Honeywell International Inc. • Siemens AG • Johnson Controls International • Schneider Electric SE • United Technologies Corporation • And more. Get More Information On The Smart Homes Market Report
5 Reasons Why TBRC Is The Solution You Need • Measure the impact of high global inflation on market growth • Outperform competitors using forecast data and the drivers and trends shaping the market • Get a comprehensive market sizing report with a truly global perspective covering 60+ geographies from The Business Research Company, with data from 2017 to 2023 and forecasts up to 2032. • Assess the Russia-Ukraine war’s impact on commodity supply and its direct and indirect impact on all the markets • Benchmark performance against key competitors.
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