Smart Home As A Service Market - Global Industry Analysis

Smart Home As A Service Market - By Service (Integrated Services and Managed Services), By Solution (Lighting & Window, Security & Access, Energy Management & Climate, Audio-Visual & Entertainment, and Integrated Solutions), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 06-Oct-2020 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-3144 Status : Published

Global Smart Home as a Service market, which accrued revenue worth nearly 7 (USD Billion) in 2019 and is slated to garner earnings worth 13.39 (USD Billion) by 2026, is set to grow at a CAGR of 18.5% during the period from 2020 to 2026.

Description

The global Smart Home as a Service market, which accrued revenue worth nearly 7 (USD Billion) in 2019 and is slated to garner earnings worth 13.39 (USD Billion) by 2026, is set to grow at a CAGR of 18.5% during the period from 2020 to 2026. The report offers valuation and analysis of the Smart Home as a Service market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on value (USD Billion).

Introduction

Smart home as a service is a kind of service that helps the service provider choose, deploy, maintain, upgrade, and program smart home equipment. This business model utilizes new technologies like connected equipment, cloud intelligence, social media, and sensors. Moreover, these techniques are integrated into easy-to-use app that assists the service providers in operating them effortlessly. In addition to this, smart home as a service market is influenced by three key aspects including functionality, intelligence, and connectivity.

Global Smart Home As A Service Market

Market Growth Drivers

Escalating demand for surveillance along with robust security will succor the expansion of smart home as a service industry over the forecasting years. Smart homes enrich entertainment abilities like content sharing and assist the users in controlling their entertainment equipment from the distant locations and this will embellish the market trends. Furthermore, service industry has dominated the overall economy and has made notable contributions towards GDP of developed countries as well as emerging countries. Moreover, smart home as a service industry is no exception to this. The efficient delivery of services has resulted in the value creation and this will embellish the market trends.

Furthermore, growing need for saving costs on energy utility due to use of smart appliances in households will further drive the market growth over the forecast timespan. Furthermore, large-scale use of smart lights, smart outlets, smart ACs, and smart fans will scale up the market demand over the forecasting years. Nonetheless, huge costs of smart home equipment and growing concerns pertaining to privacy & misuse of smart home services can prove detrimental to the market growth. However, strong connectivity offered by smart home solutions is slated to offset the negative impact of hindrances on the market expansion over the ensuing years.

North America To Make Sizable Contributions Towards Overall Market Size By 2026

The growth of the regional market over the forecast timeline is due to use of new technologies in the countries like the U.S. and Canada along with humungous presence of reputed players in the sub-continent. In addition to this, evolution of high speed 5G network connection and paradigm shift in the IT sector will boost the regional market trends. Apparently, need for smart home systems and proficient interconnection in households due to hectic work schedule & busy lifestyle will proliferate the business growth in the sub-continent over the forecast timeline. Countries like the U.S. are projected to be the major regional growth drivers over the forecast timespan.

Key players influencing the market growth and profiled in the report include CenturyLink, Inc., Vivint, Inc., AT&T Inc., Comcast Corporation, Johnson Controls, Inc., Protection One Alarm Monitoring, Inc., Charter Communications (TWC), Ingersoll-Rand plc (Nexia), Frontpoint Security Solutions, and The ADT Corporation.

The global smart home as a service market is segmented as follows:       

By service:

  • Integrated Services
  • Managed Services

By solution:

  • Energy Management & Climate
  • Security & Access
  • Lighting & Window
  • Audio-Visual & Entertainment Integrated Solutions

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Smart Home As A Service Market , 2016–2026 (USD Billion)
    • 2.2. Smart Home As A Service Market : Snapshot
  • Chapter 3. Global Smart Home As A Service Market – Industry Analysis
    • 3.1. Smart Home As A Service Market : Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Growing need for saving costs on energy utility due to use of smart appliances in househulds will further drive the market growth over the forecast timespan.
      • 3.2.2. Large-scale use of smart lights, smart outlets, smart ACs, and smart fans will scale up the market demand over the forecasting years.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Service
      • 3.4.2. Market attractiveness analysis By Sulution
  • Chapter 4. Global Smart Home As A Service Market – Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Smart Home As A Service Market : company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Service launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Smart Home As A Service Market – Service Analysis
    • 5.1. Global Smart Home As A Service Market overview: By Service
      • 5.1.1. Global Smart Home As A Service Market share, By Service , 2019 and 2026
    • 5.2. Integrated Services
      • 5.2.1. Global Smart Home As A Service Market By Integrated Services , 2016–2026 (USD Billion)
    • 5.3. Managed Services
      • 5.3.1. Global Smart Home As A Service Market By Managed Services, 2016–2026 (USD Billion)
  • Chapter 6. Global Smart Home As A Service Market – Sulution Analysis
    • 6.1. Global Smart Home As A Service Market overview: By Sulution
      • 6.1.1. Global Smart Home As A Service Market share, By Sulution , 2019 and 2026
    • 6.2. Lighting & Window
      • 6.2.1. Global Smart Home As A Service Market By Lighting & Window, 2016–2026 (USD Billion)
    • 6.3. Security & Access
      • 6.3.1. Global Smart Home As A Service Market By Security & Access, 2016–2026 (USD Billion)
    • 6.4. Energy Management & Climate
      • 6.4.1.1. Global Smart Home As A Service Market By Energy Management & Climate, 2016–2026 (USD Billion)
    • 6.5. Audio-Visual & Entertainment
      • 6.5.1. Global Smart Home As A Service Market By Audio-Visual & Entertainment, 2016–2026 (USD Billion)
    • 6.6. Integrated Sulutions
      • 6.6.1.1. Global Smart Home As A Service Market By Integrated Sulutions, 2016–2026 (USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. CenturyLink, Inc.
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Service Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. AT&T Inc.
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Service Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Comcast Corporation
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Service Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. Charter Communications (TWC)
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Service Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. Ingersull-Rand plc (Nexia)
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Service Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. Frontpoint Security Sulutions
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Service Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Protection One Alarm Monitoring, Inc.
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Service Portfolio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. Johnson Contruls, Inc.
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Service Portfolio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. Vivint, Inc.
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Service Portfolio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development
    • 7.10. The ADT Corporation
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Service Portfolio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Development

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global Smart Home As A Service Market , 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Smart Home As A Service Market attractiveness, By Service  
6. Global Smart Home As A Service Market attractiveness, By Solution
7. Global Smart Home As A Service Market Share by Service  ,2019 and 2026 (USD Billion)
8. Global Smart Home As A Service Market by Integrated Services ,2016–2026 (USD Billion)
9. Global Smart Home As A Service Market by Managed Services ,2016–2026 (USD Billion)
10. Global Smart Home As A Service Market Share by Solution,2019 and 2026 (USD Billion)
11. Global Smart Home As A Service Market by Lighting & Window,2016–2026 (USD Billion)
12. Global Smart Home As A Service Market by Security & Access,2016–2026 (USD Billion)
13. Global Smart Home As A Service Market by Energy Management & Climate,2016–2026 (USD Billion)
14. Global Smart Home As A Service Market by Audio-Visual & Entertainment,2016–2026 (USD Billion)
15. Global Smart Home As A Service Market by Integrated Solutions,2016–2026 (USD Billion)
16. Global Smart Home As A Service Market share, by Region, 2019 and 2026
17. North America Smart Home As A Service Market , 2016–2026 (USD Billion)
18. Europe Smart Home As A Service Market , 2016–2026 (USD Billion)
19. Asia Pacific Smart Home As A Service Market , 2016–2026 (USD Billion)
20. Latin America Smart Home As A Service Market , 2016–2026 (USD Billion)
21. The Middle East and Africa Smart Home As A Service Market , 2016–2026 (USD Billion)


Table Of Tables

List of Tables

1. Global Smart Home As A Service Market : snapshot
2. Drivers of the Smart Home As A Service Market : impact analysis
3. North America Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
4. North America Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
5. The U.S. Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
6. The U.S. Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
7. Rest of North America Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
8. Rest of North America Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
9. Europe Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
10. Europe Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
11. UK Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
12. UK Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
13. France Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
14. France Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
15. Germany Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
16. Germany Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
17. Rest of Europe Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
18. Rest of Europe  Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
19. Asia Pacific Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
20. Asia Pacific Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
21. China Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
22. China Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
23. Japan Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
24. Japan Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
25. India Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
26. India Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
27. Rest of Asia Pacific Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
28. Rest of Asia Pacific Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
29. Latin America Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
30.  Latin  America Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
31. Brazil Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
32. Brazil Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
33. Rest of Latin America Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
34. Rest of Latin America Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
35. The Middle East and Africa Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
36. The Middle East and Africa Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
37. Saudi Arabia Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
38. Saudi Arabia Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
39. South Africa Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
40. South Africa Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)
41. Rest of the Middle East & Africa Smart Home As A Service Market revenue, By Service  , 2016–2026 (USD Billion)
42. Rest of the Middle East & Africa Smart Home As A Service Market revenue, By Solution, 2016–2026 (USD Billion)

 

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FrequentlyAsked Questions

Escalating demand for surveillance along with robust security will succor the expansion of smart home as a service industry over the forecasting years. Smart homes enrich entertainment abilities like content sharing and assist the users in controlling their entertainment equipment from the distant locations and this will embellish the market trends. Furthermore, service industry has dominated the overall economy and has made notable contributions towards GDP of developed countries as well as emerging countries. Moreover, smart home as a service industry is no exception to this. The efficient delivery of services has resulted in the value creation and this will embellish the market trends.

According to Zion market research, the global Smart Home as a Service market, which accrued revenue worth nearly 7 (USD Billion) in 2019 and is slated to garner earnings worth 13.39 (USD Billion) by 2026, is set to grow at a CAGR of 18.5% during the period from 2020 to 2026.

North America is likely to make noteworthy contributions towards overall market revenue. The surge in the expansion of market in the sub-continent over the estimated timespan is credited to use of new technologies in the countries like the U.S. and Canada along with humungous presence of reputed players in the sub-continent. In addition to this, evolution of high speed 5G network connection and paradigm shift in the IT sector will boost the regional market trends. Apparently, need for smart home systems and proficient interconnection in households due to hectic work schedule & busy lifestyle will proliferate the business growth in the sub-continent over the forecast timeline.

The key players profiled in the report include CenturyLink, Inc., Vivint, Inc., AT&T Inc., Comcast Corporation, Johnson Controls, Inc., Protection One Alarm Monitoring, Inc., Charter Communications (TWC), Ingersoll-Rand plc (Nexia), Frontpoint Security Solutions, and The ADT Corporation.

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