Smart Home M2M Market is expected to reach US$ 26.73 million by 2029, at a CAGR of 13% during the forecast period.Smart Home M2M Market Overview:
Moreover, smart homes provide improved benefits such as energy management and security. It is converting a house to smart home with the help of the latest technology. This is utilized in several home automation devices that can be easily controlled with a computer, laptop, tablet or a smartphone within or outside the home. Smart homes M2M refers to the home automation facilities by integrating different kinds of machines and devices enabling remote monitoring and control. Not just modification and improved lifestyle, but the technology conveys various other benefits such as home care for elder people and special abled, security, energy efficiency, comfort and entertainment.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.To know about the Research Methodology :- Request Free Sample Report
Smart home M2M Market Dynamics:
The exponentially rising popularity of smart appliances across different geographic locations along with the fast adoption of smart home security systems globally is mainly driving the growth of the smart home M2M market. Availability of smart electronics at affordable cost, and falling internet costs in addition have accelerated the growth of the market worldwide. These factors have led to higher adoption of home automation, which is expected to result in higher growth rate in forecasted duration. Global smart home M2M market is largely driven by the rising adoption of smart home security systems, which has already surpassed manually operated traditional systems. smart home security systems are available for customers with superior functions such as remote monitoring of residential property, instructions through text message, motion detection notifications, smoke or fire detection & alarming, automatic opening & closing of doors and windows and several others. Other factors supplementing the growth and expected to drive the global market in forecasted period are the growing demand of smart appliances such as washing machines, vacuum cleaners, HVAC systems, kitchen equipment, smart televisions, automatic lighting systems and other IoT connected consumer electronic devices. The threat of security breaches and compatibility issues with legacy systems are the area of concern, which are expected to restrain the market growth over forecast period. However, non-stop progress in technology will overcome the challenge. Presence of a substantial number of large companies and vendors makes the global market fragmented in nature, which open up new opportunities for growth.Smart home M2M Market Regional Analysis:
IN terms of revenue, North America held the largest market share of US$ xx Bn in 2022, which is almost 38% of global market share. The trend of dominance is expected to remain continue in forecast period with CAGR xx%. This growth is mainly attributed to the extensive availability of different & latest home automation products, awareness about the benefits of home automation, presence of large vendors and most important skilled personnel required for home automation is easily available in this region. After North America, the Europe region held the largest share in 2022 with revenue US$ xx Bn in the global market. The great attraction and rising demand of home automation is driving the growth in this market. In addition, presence of major players expected to keep growth trend continued in forecasted period also with CAGR xx%. Among several countries Germany is the major driver of growth in this region. Home automation market perceives an increase in the Asia Pacific market on account of growing semiconductor and electronics manufacturing sector along with the falling prices of raw materials for semiconductors and electronics. All these factors are expected to boost the Asia Pacific market at CAGR xx% in forecast period with the major contribution from countries like, Japan, China and India. Rapid activities for building smart cities in country like India is also supplement the market growth. Similarly, the report covers the detail analysis of all the regions such as, Latin America, and Middle East & Africa. Their growth rate and the reason for growth along with the expected value to be reached by end of the 2029 are mentioned in the final report.Smart Home M2M Market Segmentation Analysis:
In terms of technology, the global smart home M2M market is segmented into wireless and wired. Based on applications, the global market can be divided into energy and climate management, access and security control, home entertainment, and lighting, among others (connected wellness and smart appliances). In 2022, energy and climate management segment dominates with a leading share with US$ xx Bn, the growth of segment is attributed on the back of increasing wireless internet penetration and the growing awareness of cloud services, among consumers. Similarly, all the segments and their sub segments with their current market share, expected growth percentage, factors boosting & hampering the growth and region wise anticipated market share during the each year in forecast period along with their graphical representation are illustrated in the report.Smart Home M2M Market Objective of the Report:
The objective of the report is to present a comprehensive analysis of the global market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Smart home M2M Market dynamics, structure by analyzing the market segments and projects the Global Smart home M2M Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Smart home M2M Market make the report investor’s guide.Smart Home M2M Market Scope: Inquire before buying
Smart Home M2M Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 11.36 Bn. Forecast Period 2023 to 2029 CAGR: 13% Market Size in 2029: US $ 26.73 Bn. Segments Covered: by Technology Wireless Wired by Application Access & Security Control Energy & Climate Management Home Entertainment Lighting Smart Appliances Others (Connected Wellness, etc.) Smart home M2M Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Smart home M2M Market Key Players
1. Intel Corporation 2. Cisco Systems, Inc. 3. Sierra Wireless, Inc. 4. KORE Wireless Group, Inc. 5. AT&T, Inc. 6. Sprint Corporation 7. Deutsche Telekom AG 8. Telit Communications PLC 9. Vodafone Group PLC 10. Gemalto NV 11. Google 12. Honeywell 13. Samsung 14. Panasonic 15. AT&T 16. British Gas 17. ComcastFrequently Asked Questions:
1. Which region has the largest share in Global Smart home M2M Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Smart home M2M Market? Ans: The Global Smart home M2M Market is growing at a CAGR of 13% during forecasting period 2023-2029. 3. What is scope of the Global Smart home M2M market report? Ans: Global Smart home M2M Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Smart home M2M market? Ans: The important key players in the Global Smart home M2M Market are – Intel Corporation, Cisco Systems, Inc., Sierra Wireless, Inc., KORE Wireless Group, Inc., AT&T, Inc., Sprint Corporation, Deutsche Telekom AG, Telit Communications PLC, Vodafone Group PLC, Gemalto NV, Google, and Honeywell. 5. What is the study period of this market? Ans: The Global Smart home M2M Market is studied from 2022 to 2029.
Smart home M2M Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Smart Home M2M Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Smart Home M2M Market Analysis and Forecast 6.1. Smart Home M2M Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Smart Home M2M Market Analysis and Forecast, By Technology 7.1. Introduction and Definition 7.2. Key Findings 7.3. Smart Home M2M Market Value Share Analysis, By Technology 7.4. Smart Home M2M Market Size (US$ Bn) Forecast, By Technology 7.5. Smart Home M2M Market Analysis, By Technology 7.6. Smart Home M2M Market Attractiveness Analysis, By Technology 8. Smart Home M2M Market Analysis and Forecast, by Applications 8.1. Introduction and Definition 8.2. Key Findings 8.3. Smart Home M2M Market Value Share Analysis, by Applications 8.4. Smart Home M2M Market Size (US$ Bn) Forecast, by Applications 8.5. Smart Home M2M Market Analysis, by Applications 8.6. Smart Home M2M Market Attractiveness Analysis, by Applications 9. Smart Home M2M Market Analysis, by Region 9.1. Smart Home M2M Market Value Share Analysis, by Region 9.2. Smart Home M2M Market Size (US$ Bn) Forecast, by Region 9.3. Smart Home M2M Market Attractiveness Analysis, by Region 10. North America Smart Home M2M Market Analysis 10.1. Key Findings 10.2. North America Smart Home M2M Market Overview 10.3. North America Smart Home M2M Market Value Share Analysis, By Technology 10.4. North America Smart Home M2M Market Forecast, By Technology 10.4.1. Wired 10.4.2. Wire-less 10.5. North America Smart Home M2M Market Value Share Analysis, by Applications 10.6. North America Smart Home M2M Market Forecast, by Applications 10.6.1. Access & Security Control 10.6.2. Energy & Climate Management 10.6.3. Home Entertainment 10.6.4. Lighting 10.6.5. Smart Appliances 10.6.6. Others 10.7. North America Smart Home M2M Market Value Share Analysis, by Country 10.8. North America Smart Home M2M Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Smart Home M2M Market Analysis, by Country 10.10. U.S. Smart Home M2M Market Forecast, By Technology 10.10.1. Wired 10.10.2. Wire-less 10.11. U.S. Smart Home M2M Market Forecast, by Applications 10.11.1. Access & Security Control 10.11.2. Energy & Climate Management 10.11.3. Home Entertainment 10.11.4. Lighting 10.11.5. Smart Appliances 10.11.6. Others 10.12. Canada Smart Home M2M Market Forecast, By Technology 10.12.1. Wired 10.12.2. Wire-less 10.13. Canada Smart Home M2M Market Forecast, by Applications 10.13.1. Access & Security Control 10.13.2. Energy & Climate Management 10.13.3. Home Entertainment 10.13.4. Lighting 10.13.5. Smart Appliances 10.13.6. Others 10.14. North America Smart Home M2M Market Attractiveness Analysis 10.14.1. By Technology 10.14.2. By Applications 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Smart Home M2M Market Analysis 11.1. Key Findings 11.2. Europe Smart Home M2M Market Overview 11.3. Europe Smart Home M2M Market Value Share Analysis, By Technology 11.4. Europe Smart Home M2M Market Forecast, By Technology 11.4.1. Wired 11.4.2. Wire-less 11.5. Europe Smart Home M2M Market Value Share Analysis, by Applications 11.6. Europe Smart Home M2M Market Forecast, by Applications 11.6.1. Access & Security Control 11.6.2. Energy & Climate Management 11.6.3. Home Entertainment 11.6.4. Lighting 11.6.5. Smart Appliances 11.6.6. Others 11.7. Europe Smart Home M2M Market Value Share Analysis, by Country 11.8. Europe Smart Home M2M Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Smart Home M2M Market Analysis, by Country 11.10. Germany Smart Home M2M Market Forecast, By Technology 11.10.1. Wired 11.10.2. Wire-less 11.11. Germany Smart Home M2M Market Forecast, by Applications 11.11.1. Access & Security Control 11.11.2. Energy & Climate Management 11.11.3. Home Entertainment 11.11.4. Lighting 11.11.5. Smart Appliances 11.11.6. Others 11.12. U.K. Smart Home M2M Market Forecast, By Technology 11.12.1. Wired 11.12.2. Wire-less 11.13. U.K. Smart Home M2M Market Forecast, by Applications 11.13.1. Access & Security Control 11.13.2. Energy & Climate Management 11.13.3. Home Entertainment 11.13.4. Lighting 11.13.5. Smart Appliances 11.13.6. Others 11.14. France Smart Home M2M Market Forecast, By Technology 11.14.1. Wired 11.14.2. Wire-less 11.15. France Smart Home M2M Market Forecast, by Applications 11.15.1. Access & Security Control 11.15.2. Energy & Climate Management 11.15.3. Home Entertainment 11.15.4. Lighting 11.15.5. Smart Appliances 11.15.6. Others 11.16. Italy Smart Home M2M Market Forecast, By Technology 11.16.1. Wired 11.16.2. Wire-less 11.17. Italy Smart Home M2M Market Forecast, by Applications 11.17.1. Access & Security Control 11.17.2. Energy & Climate Management 11.17.3. Home Entertainment 11.17.4. Lighting 11.17.5. Smart Appliances 11.17.6. Others 11.18. Spain Smart Home M2M Market Forecast, By Technology 11.18.1. Wired 11.18.2. Wire-less 11.19. Spain Smart Home M2M Market Forecast, by Applications 11.19.1. Access & Security Control 11.19.2. Energy & Climate Management 11.19.3. Home Entertainment 11.19.4. Lighting 11.19.5. Smart Appliances 11.19.6. Others 11.20. Rest of Europe Smart Home M2M Market Forecast, By Technology 11.20.1. Wired 11.20.2. Wire-less 11.21. Rest of Europe Smart Home M2M Market Forecast, by Applications 11.21.1. Access & Security Control 11.21.2. Energy & Climate Management 11.21.3. Home Entertainment 11.21.4. Lighting 11.21.5. Smart Appliances 11.21.6. Others 11.22. Europe Smart Home M2M Market Attractiveness Analysis 11.22.1. By Technology 11.22.2. By Applications 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Smart Home M2M Market Analysis 12.1. Key Findings 12.2. Asia Pacific Smart Home M2M Market Overview 12.3. Asia Pacific Smart Home M2M Market Value Share Analysis, By Technology 12.4. Asia Pacific Smart Home M2M Market Forecast, By Technology 12.4.1. Wired 12.4.2. Wire-less 12.5. Asia Pacific Smart Home M2M Market Value Share Analysis, by Applications 12.6. Asia Pacific Smart Home M2M Market Forecast, by Applications 12.6.1. Access & Security Control 12.6.2. Energy & Climate Management 12.6.3. Home Entertainment 12.6.4. Lighting 12.6.5. Smart Appliances 12.6.6. Others 12.7. Asia Pacific Smart Home M2M Market Value Share Analysis, by Country 12.8. Asia Pacific Smart Home M2M Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Smart Home M2M Market Analysis, by Country 12.10. China Smart Home M2M Market Forecast, By Technology 12.10.1. Wired 12.10.2. Wire-less 12.11. China Smart Home M2M Market Forecast, by Applications 12.11.1. Access & Security Control 12.11.2. Energy & Climate Management 12.11.3. Home Entertainment 12.11.4. Lighting 12.11.5. Smart Appliances 12.11.6. Others 12.12. India Smart Home M2M Market Forecast, By Technology 12.12.1. Wired 12.12.2. Wire-less 12.13. India Smart Home M2M Market Forecast, by Applications 12.13.1. Access & Security Control 12.13.2. Energy & Climate Management 12.13.3. Home Entertainment 12.13.4. Lighting 12.13.5. Smart Appliances 12.13.6. Others 12.14. Japan Smart Home M2M Market Forecast, By Technology 12.14.1. Wired 12.14.2. Wire-less 12.15. Japan Smart Home M2M Market Forecast, by Applications 12.15.1. Access & Security Control 12.15.2. Energy & Climate Management 12.15.3. Home Entertainment 12.15.4. Lighting 12.15.5. Smart Appliances 12.15.6. Others 12.16. ASEAN Smart Home M2M Market Forecast, By Technology 12.16.1. Wired 12.16.2. Wire-less 12.17. ASEAN Smart Home M2M Market Forecast, by Applications 12.17.1. Access & Security Control 12.17.2. Energy & Climate Management 12.17.3. Home Entertainment 12.17.4. Lighting 12.17.5. Smart Appliances 12.17.6. Others 12.18. Rest of Asia Pacific Smart Home M2M Market Forecast, By Technology 12.18.1. Wired 12.18.2. Wire-less 12.19. Rest of Asia Pacific Smart Home M2M Market Forecast, by Applications 12.19.1. Access & Security Control 12.19.2. Energy & Climate Management 12.19.3. Home Entertainment 12.19.4. Lighting 12.19.5. Smart Appliances 12.19.6. Others 12.20. Asia Pacific Smart Home M2M Market Attractiveness Analysis 12.20.1. By Technology 12.20.2. By Applications 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Smart Home M2M Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Smart Home M2M Market Overview 13.3. Middle East & Africa Smart Home M2M Market Value Share Analysis, By Technology 13.4. Middle East & Africa Smart Home M2M Market Forecast, By Technology 13.4.1. Wired 13.4.2. Wire-less 13.5. Middle East & Africa Smart Home M2M Market Value Share Analysis, by Applications 13.6. Middle East & Africa Smart Home M2M Market Forecast, by Applications 13.6.1. Access & Security Control 13.6.2. Energy & Climate Management 13.6.3. Home Entertainment 13.6.4. Lighting 13.6.5. Smart Appliances 13.6.6. Others 13.7. Middle East & Africa Smart Home M2M Market Value Share Analysis, by Country 13.8. Middle East & Africa Smart Home M2M Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Smart Home M2M Market Analysis, by Country 13.10. GCC Smart Home M2M Market Forecast, By Technology 13.10.1. Wired 13.10.2. Wire-less 13.11. GCC Smart Home M2M Market Forecast, by Applications 13.11.1. Access & Security Control 13.11.2. Energy & Climate Management 13.11.3. Home Entertainment 13.11.4. Lighting 13.11.5. Smart Appliances 13.11.6. Others 13.12. South Africa Smart Home M2M Market Forecast, By Technology 13.12.1. Wired 13.12.2. Wire-less 13.13. South Africa Smart Home M2M Market Forecast, by Applications 13.13.1. Access & Security Control 13.13.2. Energy & Climate Management 13.13.3. Home Entertainment 13.13.4. Lighting 13.13.5. Smart Appliances 13.13.6. Others 13.14. Rest of Middle East & Africa Smart Home M2M Market Forecast, By Technology 13.14.1. Wired 13.14.2. Wire-less 13.15. Rest of Middle East & Africa Smart Home M2M Market Forecast, by Applications 13.15.1. Access & Security Control 13.15.2. Energy & Climate Management 13.15.3. Home Entertainment 13.15.4. Lighting 13.15.5. Smart Appliances 13.15.6. Others 13.16. Middle East & Africa Smart Home M2M Market Attractiveness Analysis 13.16.1. By Technology 13.16.2. By Applications 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Smart Home M2M Market Analysis 14.1. Key Findings 14.2. South America Smart Home M2M Market Overview 14.3. South America Smart Home M2M Market Value Share Analysis, By Technology 14.4. South America Smart Home M2M Market Forecast, By Technology 14.4.1. Wired 14.4.2. Wire-less 14.5. South America Smart Home M2M Market Value Share Analysis, by Applications 14.6. South America Smart Home M2M Market Forecast, by Applications 14.6.1. Access & Security Control 14.6.2. Energy & Climate Management 14.6.3. Home Entertainment 14.6.4. Lighting 14.6.5. Smart Appliances 14.6.6. Others 14.7. South America Smart Home M2M Market Value Share Analysis, by Country 14.8. South America Smart Home M2M Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Smart Home M2M Market Analysis, by Country 14.10. Brazil Smart Home M2M Market Forecast, By Technology 14.10.1. Wired 14.10.2. Wire-less 14.11. Brazil Smart Home M2M Market Forecast, by Applications 14.11.1. Access & Security Control 14.11.2. Energy & Climate Management 14.11.3. Home Entertainment 14.11.4. Lighting 14.11.5. Smart Appliances 14.11.6. Others 14.12. Mexico Smart Home M2M Market Forecast, By Technology 14.12.1. Wired 14.12.2. Wire-less 14.13. Mexico Smart Home M2M Market Forecast, by Applications 14.13.1. Access & Security Control 14.13.2. Energy & Climate Management 14.13.3. Lighting 14.13.4. Home Entertainment 14.13.5. Smart Appliances 14.13.6. Others 14.14. Rest of South America Smart Home M2M Market Forecast, By Technology 14.14.1. Wired 14.14.2. Wire-less 14.15. Rest of South America Smart Home M2M Market Forecast, by Applications 14.15.1. Access & Security Control 14.15.2. Energy & Climate Management 14.15.3. Home Entertainment 14.15.4. Home Entertainment 14.15.5. Smart Appliances 14.15.6. Others 14.16. South America Smart Home M2M Market Attractiveness Analysis 14.16.1. By Technology 14.16.2. By Applications 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration and Backward 15.2.3.3. Integration 15.3. Company Profiles: Key Players 15.3.1. Intel Corporation 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Cisco Systems, Inc. 15.3.3. Sierra Wireless, Inc. 15.3.4. KORE Wireless Group, Inc. 15.3.5. AT&T, Inc. 15.3.6. Sprint Corporation 15.3.7. Deutsche Telekom AG 15.3.8. Telit Communications PLC 15.3.9. Vodafone Group PLC 15.3.10. Gemalto NV 15.3.11. Google 15.3.12. Honeywell 15.3.13. Samsung 15.3.14. Panasonic 15.3.15. AT&T 15.3.16. British Gas 15.3.17. Comcast 16. Primary Key Insights