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PUBLISHER: KBV Research | PRODUCT CODE: 1448184

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PUBLISHER: KBV Research | PRODUCT CODE: 1448184

North America Smart Home Devices Market Size, Share & Trends Analysis Report By Component (Solutions, and Services), By Type, By Country and Growth Forecast, 2023 - 2030

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The North America Smart Home Devices Market would witness market growth of 18.5% CAGR during the forecast period (2023-2030).

Smart home devices offer a multitude of uses and benefits that cater to diverse consumer needs and preferences. In addition, it enables the automation of various tasks and functions within the home, such as lighting, heating, ventilation, air conditioning (HVAC), and appliance control.

Additionally, users can schedule automated routines, set preferences, and remotely control devices through smartphone apps or voice commands. Smart lighting systems offer advanced features such as dimming, color-changing capabilities, and motion sensing.

Likewise, the growing internet access in Mexico provides a growth environment for the market. According to the International Trade Administration (ITA), in 2022, there were 96.8 million Internet users in Mexico, up 9.3 percent annually. The percentage of people who use the Internet is very high (81.6%). As internet access continues to grow and technologies become more affordable and user-friendly, the market in Mexico is expected to experience sustained growth and innovation, transforming how people live and interact with their homes. Hence, the increasing internet penetration in the region is driving the market's growth.

The US market dominated the North America Smart Home Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $89,654.6 Million by 2030. The Canada market would showcase CAGR of 21.2% during (2023 - 2030). Additionally, The Mexico market is registering a CAGR of 20.1% during (2023 - 2030).

Based on Component, the market is segmented into Solutions, and Services. Based on Type, the market is segmented into Lighting Control, Security & Access Control, Home Appliances, Entertainment & Other Controls, Smart Kitchen, HVAC Control, Smart Furniture, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Johnson Controls International PLC
  • Schneider Electric SE
  • Siemens AG
  • Honeywell International, Inc.
  • Amazon.com, Inc.
  • Apple Inc.
  • Google LLC (Alphabet Inc.)
  • Robert Bosch GmbH
  • Raytheon Technologies Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)

North America Smart Home Devices Market Report Segmentation

By Component

  • Solutions
  • Services

By Type

  • Lighting Control
  • Security & Access Control
  • Home Appliances
  • Entertainment & Other Controls
  • Smart Kitchen
  • HVAC Control
  • Smart Furniture
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1North America Smart Home Devices Market, by Component
    • 1.4.2North America Smart Home Devices Market, by Type
    • 1.4.3North America Smart Home Devices Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Restraints
    • 3.2.3Market Opportunities
    • 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

  • 4.1KBV Cardinal Matrix
  • 4.2Recent Industry Wide Strategic Developments
    • 4.2.1Partnerships, Collaborations and Agreements
    • 4.2.2Product Launches and Product Expansions
    • 4.2.3Acquisition and Mergers
  • 4.3Top Winning Strategies
    • 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
    • 4.3.2Key Strategic Move: (Partnership & Collaboration: 2019, Dec - 2024, Feb) Leading Players
  • 4.4Porter Five Forces Analysis

Chapter 5.North America Smart Home Devices Market, by Component

  • 5.1North America Solutions Market, by Country
  • 5.2North America Services Market, by Country

Chapter 6.North America Smart Home Devices Market, by Type

  • 6.1North America Lighting Control Market, by Country
  • 6.2North America Security & Access Control Market, by Country
  • 6.3North America Home Appliances Market, by Country
  • 6.4North America Entertainment & Other Controls Market, by Country
  • 6.5North America Smart Kitchen Market, by Country
  • 6.6North America HVAC Control Market, by Country
  • 6.7North America Smart Furniture Market, by Country
  • 6.8North America Others Market, by Country

Chapter 7.North America Smart Home Devices Market, by Country

  • 7.1US Smart Home Devices Market
    • 7.1.1US Smart Home Devices Market, by Component
    • 7.1.2US Smart Home Devices Market, by Type
  • 7.2Canada Smart Home Devices Market
    • 7.2.1Canada Smart Home Devices Market, by Component
    • 7.2.2Canada Smart Home Devices Market, by Type
  • 7.3Mexico Smart Home Devices Market
    • 7.3.1Mexico Smart Home Devices Market, by Component
    • 7.3.2Mexico Smart Home Devices Market, by Type
  • 7.4Rest of North America Smart Home Devices Market
    • 7.4.1Rest of North America Smart Home Devices Market, by Component
    • 7.4.2Rest of North America Smart Home Devices Market, by Type

Chapter 8.Company Profiles

  • 8.1Johnson Controls International PLC
    • 8.1.1Company Overview
    • 8.1.2Financial Analysis
    • 8.1.3Segmental & Regional Analysis
    • 8.1.4Research & Development Expenses
    • 8.1.5Recent strategies and developments:
      • 8.1.5.1Partnerships, Collaborations, and Agreements:
      • 8.1.5.2Acquisition and Mergers:
    • 8.1.6SWOT Analysis
  • 8.2Schneider Electric SE
    • 8.2.1Company Overview
    • 8.2.2Financial Analysis
    • 8.2.3Segmental and Regional Analysis
    • 8.2.4Research & Development Expense
    • 8.2.5Recent strategies and developments:
      • 8.2.5.1Partnerships, Collaborations, and Agreements:
      • 8.2.5.2Product Launches and Product Expansions:
      • 8.2.5.3Acquisition and Mergers:
      • 8.2.5.4Geographical Expansions:
    • 8.2.6SWOT Analysis
  • 8.3Siemens AG
    • 8.3.1Company Overview
    • 8.3.2Financial Analysis
    • 8.3.3Segmental and Regional Analysis
    • 8.3.4Research & Development Expense
    • 8.3.5Recent strategies and developments:
      • 8.3.5.1Partnerships, Collaborations, and Agreements:
      • 8.3.5.2Acquisition and Mergers:
    • 8.3.6SWOT Analysis
  • 8.4Honeywell International, Inc.
    • 8.4.1Company Overview
    • 8.4.2Financial Analysis
    • 8.4.3Segmental and Regional Analysis
    • 8.4.4Research & Development Expenses
    • 8.4.5Recent strategies and developments:
      • 8.4.5.1Partnerships, Collaborations, and Agreements:
      • 8.4.5.2Acquisition and Mergers:
    • 8.4.6SWOT Analysis
  • 8.5Amazon.com, Inc.
    • 8.5.1Company Overview
    • 8.5.2Financial Analysis
    • 8.5.3Segmental Analysis
    • 8.5.4Recent strategies and developments:
      • 8.5.4.1Partnerships, Collaborations, and Agreements:
    • 8.5.5SWOT Analysis
  • 8.6Apple, Inc.
    • 8.6.1Company Overview
    • 8.6.2Financial Analysis
    • 8.6.3Regional Analysis
    • 8.6.4Research & Development Expense
    • 8.6.5SWOT Analysis
  • 8.7Google LLC (Alphabet Inc.)
    • 8.7.1Company Overview
    • 8.7.2Financial Analysis
    • 8.7.3Segmental and Regional Analysis
    • 8.7.4Research & Development Expense
    • 8.7.5Recent strategies and developments:
      • 8.7.5.1Partnerships, Collaborations, and Agreements:
    • 8.7.6SWOT Analysis
  • 8.8Robert Bosch GmbH
    • 8.8.1Company Overview
    • 8.8.2Financial Analysis
    • 8.8.3Segmental and Regional Analysis
    • 8.8.4Research & Development Expense
    • 8.8.5SWOT Analysis
  • 8.9Raytheon Technologies Corporation
    • 8.9.1Company Overview
    • 8.9.2Financial Analysis
    • 8.9.3Segmental and Regional Analysis
    • 8.9.4Research & Development Expense
    • 8.9.5SWOT Analysis
  • 8.10.Samsung Electronics Co., Ltd. (Samsung Group)
    • 8.10.1Company Overview
    • 8.10.2Financial Analysis
    • 8.10.3Segmental and Regional Analysis
    • 8.10.4SWOT Analysis

LIST OF TABLES

  • TABLE 1North America Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 2North America Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 3Partnerships, Collaborations and Agreements- Smart Home Devices Market
  • TABLE 4Product Launches And Product Expansions- Smart Home Devices Market
  • TABLE 5Acquisition and Mergers- Smart Home Devices Market
  • TABLE 6North America Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 7North America Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 8North America Solutions Market, by Country, 2019 - 2022, USD Million
  • TABLE 9North America Solutions Market, by Country, 2023 - 2030, USD Million
  • TABLE 10North America Services Market, by Country, 2019 - 2022, USD Million
  • TABLE 11North America Services Market, by Country, 2023 - 2030, USD Million
  • TABLE 12North America Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 13North America Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 14North America Lighting Control Market, by Country, 2019 - 2022, USD Million
  • TABLE 15North America Lighting Control Market, by Country, 2023 - 2030, USD Million
  • TABLE 16North America Security & Access Control Market, by Country, 2019 - 2022, USD Million
  • TABLE 17North America Security & Access Control Market, by Country, 2023 - 2030, USD Million
  • TABLE 18North America Home Appliances Market, by Country, 2019 - 2022, USD Million
  • TABLE 19North America Home Appliances Market, by Country, 2023 - 2030, USD Million
  • TABLE 20North America Entertainment & Other Controls Market, by Country, 2019 - 2022, USD Million
  • TABLE 21North America Entertainment & Other Controls Market, by Country, 2023 - 2030, USD Million
  • TABLE 22North America Smart Kitchen Market, by Country, 2019 - 2022, USD Million
  • TABLE 23North America Smart Kitchen Market, by Country, 2023 - 2030, USD Million
  • TABLE 24North America HVAC Control Market, by Country, 2019 - 2022, USD Million
  • TABLE 25North America HVAC Control Market, by Country, 2023 - 2030, USD Million
  • TABLE 26North America Smart Furniture Market, by Country, 2019 - 2022, USD Million
  • TABLE 27North America Smart Furniture Market, by Country, 2023 - 2030, USD Million
  • TABLE 28North America Others Market, by Country, 2019 - 2022, USD Million
  • TABLE 29North America Others Market, by Country, 2023 - 2030, USD Million
  • TABLE 30North America Smart Home Devices Market, by Country, 2019 - 2022, USD Million
  • TABLE 31North America Smart Home Devices Market, by Country, 2023 - 2030, USD Million
  • TABLE 32US Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 33US Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 34US Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 35US Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 36US Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 37US Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 38Canada Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 39Canada Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 40Canada Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 41Canada Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 42Canada Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 43Canada Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 44Mexico Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 45Mexico Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 46Mexico Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 47Mexico Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 48Mexico Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 49Mexico Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 50Rest of North America Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 51Rest of North America Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 52Rest of North America Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 53Rest of North America Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 54Rest of North America Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 55Rest of North America Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 56Key Information - Johnson Controls International PLC
  • TABLE 57Key Information - Schneider Electric SE
  • TABLE 58Key Information - Siemens AG
  • TABLE 59Key Information - Honeywell International, Inc.
  • TABLE 60Key Information - Amazon.com, Inc.
  • TABLE 61Key Information - Apple, Inc.
  • TABLE 62Key Information - Google LLC
  • TABLE 63Key Information - Robert Bosch GmbH
  • TABLE 64Key Information - Raytheon Technologies Corporation
  • TABLE 65Key Information - Samsung Electronics Co., Ltd.
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