PUBLISHER: BCC Research | PRODUCT CODE: 1411289
PUBLISHER: BCC Research | PRODUCT CODE: 1411289
The global market for smart home technologies is expected to increase from $102.3 billion in 2023 to $166.7 billion by the end of 2028, with a compound annual growth rate (CAGR) of 10.3% during the forecast period of 2023-2028.
The North American market for smart home technologies is expected to increase from $36.8 billion in 2023 to $56.0 billion by the end of 2028, with a CAGR of 8.8% during the forecast period of 2023-2028.
The Asia-Pacific market for smart home technologies is expected to increase from $19.9 billion in 2023 to $36.0 billion by the end of 2028, with a CAGR of 12.6% during the forecast period of 2023-2028.
This report is based on an in-depth analysis of the global smart home technologies market by networking technology, component, application and geography. It includes an overview of the global market trends. In the overview, 2022 considered as the base year, and estimates for 2023 through 2028 are provided, along with projections of CAGR in the forecast period.
The scope of the report also includes a discussion of technological, regulatory and competitive elements as well as economic trends affecting the market. In addition, the report analyzes and discusses the major drivers and regional dynamics of the market and current trends within the industry. It concludes with detailed profiles of the major vendors in the global smart home technologies market.