The Business Research Company’s Home Automation Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Home Automation Global Market Report 2023 evaluates home automation market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global home automation market size grew from $61.09 billion in 2022 to $68.1 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The home automation market size is expected to grow to $101.47 billion in 2027 at a CAGR of 10.5%.
The home automation market segments in the report are:
1) By Product: Lighting Control, Security And Access Control, HVAC Control, Entertainment, Other Products
2) By Technology: Wired Home Automation System, Wireless Home Automation System
3) By End User: Residential, Commercial, Other End Users
Top Key Players
- ABB
- Crestron Electronics Inc.
- Schneider Electric
- Honeywell International Inc.
- Johnson Controls Inc.
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The table of contents in TBRC’s home automation market report includes:
- Executive Summary
- Home Automation Market Characteristics
- Home Automation Market Trends And Strategies
- Home Automation Market – Macro Economic Scenario
- Home Automation Market Size And Growth
.
- Home Automation Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Home Automation Market
- Home Automation Market Future Outlook and Potential Analysis
- Appendix
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