According to a new country report published by Lucintel, the future of the smart home market in the United States looks attractive with opportunities in the home safety and security, appliance, entertainment, lighting, HVAC, healthcare, and kitchen applications. The smart home market in the United States is primarily driven by increasing awareness related to safety and security, increasing consumer need for simplicity and personalized experience, and the growing adoption of cloud-based technologies.
This report studies factors affecting the smart home market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that the safety and security market is expected to remain the largest segment due to the increasing need for continuous monitoring services to reduce the risk of crime, burglary, and theft. Within the smart home market in the United States,the wireless segment is expected to remain the largest technology. It is also expected to witness the highest growth over the forecast period due to the increasing demand for Zigbee in healthcare, safety and security applications to support remote monitoring facilities, and consumer comfort and convenience enhancement.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of voice assistant technology for high-end automated households, emergence of air quality sensor devices that measure volatile organic compounds (VOCs), and growing adoption of video enabled drones.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the smart home market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Smart Home Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the smart home market in the United States by application, product and service, and technology as follows:
Smart Home Market by Application [$M shipment analysis from 2014 to 2025]:
• Safety and Security
• Home Appliance
• Entertainment
• Lighting
• HVAC
• Home Healthcare
• Smart Kitchen
• Others
Smart Home Market by Product and Service Type [$M shipment analysis from 2014 to 2025]:
• Product
• Service
Smart Home Market by Technology Type [$M shipment analysis from 2014 to 2025]:
• Wired
>BACnet
>Lonworks
>DALI
>Modbus
>KNX
>Others
• Wireless
>Zigbee
>Wi-Fi
>Bluetooth
>EnOcean
>Z-Wave
>Others
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/smart-home.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com