PUBLISHER: TechNavio | PRODUCT CODE: 1915512
PUBLISHER: TechNavio | PRODUCT CODE: 1915512
The home automation market in india is forecasted to grow by USD 4369.1 mn during 2024-2029, accelerating at a CAGR of 16.1% during the forecast period. The report on the home automation market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high-speed internet connectivity and increasing penetration of smartphones, growing use of iot, demand for energy efficiency.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 13.5% |
| CAGR | 16.1% |
| Incremental Value | $4369.1 mn |
Technavio's home automation market in india is segmented as below:
By Product
By Technology
By End-User
Geography
This study identifies the diy solutions and ecosystem-based platform strategies as one of the prime reasons driving the home automation market in india growth during the next few years. Also, rise in adoption of AI and iot-based solutions and growing smartphone penetration and increasing internet speed will lead to sizable demand in the market.
The report on the home automation market in india covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home automation market in india vendors that include ABB Ltd., Aliste Technologies Pvt. Ltd., Apple Inc., AutoDeus Technologies Pvt. Ltd., Google LLC, Hero Electronix Pvt. Ltd., Hogar Controls India Private Limited, Honeywell International Inc., IoTronix Technologies Sdn. Bhd., Johnson Controls International, Keus Automation Pvt. Ltd., Koninklijke Philips N.V., L and T Technology Services Ltd., Legrand India Private Limited, Octomation, Schneider Electric SE, Surmount Energy Solutions Pvt. Ltd., Toyama Controls and Systems, Vertical Dots Technologies, Wipro Ltd.. Also, the home automation market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.