North America Smart Home Market – Industry Trends and Forecast to 2027

  • Semiconductors and Electronics
  • Published Report
  • Apr 2020
  • North America
  • 350 Pages
  • No of Tables: 104
  • No of Figures: 22

North America Smart Home Market By Product Type (Entertainment Controls, Security and Access Control, HVAC Control, Home Appliances, Smart Kitchen, Lighting Control, Smart Furniture, Home Healthcare and Others), Technology (Wireless, Wired), Software & Service (Behavioral, Proactive), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2027

Market Analysis and Insights: North America Smart Home Market

Smart home market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 17.7% in the forecast period of 2020 to 2027 and expected to reach USD 111,470.78 million by 2027. The enhancing lifestyle in the North America and focus towards smart devices are major factors for the market growth.

The strong economy and increased spending on smart products from the U.S. based customers is one of the major factors behind the strong growth of smart home market. The companies are expanding their reach as well as offering for the customers which further supplementing the market growth.

This Smart Home Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

North America Smart Home Market Scope and Market Size

North America smart home market is segmented on the basis of product type, technology, and software and services.  The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of product type, North America smart home market is segmented into entertainment controls, security and access control, HVAC control, home appliances, smart kitchen, lighting control, smart furniture, home healthcare and others. The entertainment controls are dominating the market owing to improved control offered by the products for customers. New development in the audio and video products makes the control more convenient for the customers to refresh their frame of mind is increasing its adoption. In addition, smart entertainment is became new factor to define the living standards of the customers which further creates it demand in the market.
  • On the basis of technology, North America smart home market is segmented into wired and wireless technology. Wireless technology is dominating the market owing to the strong connectivity and convenience offered the solution for long distance range is accelerating the market growth. In addition, the rising number of IoT based devices and enhanced smartphone connectivity with home appliances is helping the segment to dominate the market.
  • On the basis of software and services, North America smart home market is segmented into behavioural and proactive. The companies are offering the wide range of behavioural products rather than proactive as it’s still in introductory phase and contains high price tag than behavioural solution. The smart home solution is itself require high cost of installation than traditional solution while proactive further increase its price in current scenario, hence it getting less preference than behavioural but continuous development and acceptance from the customer as premium category solution will help the segment grow with strong CAGR in forecasted period. 

Smart Home Market Country Level Analysis

North America smart home market is analysed and market size information is provided by product type, technology and software and services. The countries covered in the North America Smart home market report are U.S., Canada and Mexico.

U.S. country is dominating the North America smart home market due to supporting infrastructure and strong product offering owing to strong manufactures base. North America smart home market is growing due to the increasing adoption of IoT based home devices and supporting strong connectivity solution.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Rising Demand of Smart Home

North America smart home market also provides you with detailed market analysis for every country growth in installed base of different kind of products for Smart home market, impact of technology using life line curves and changes regulatory scenarios and their impact on the Smart home market. The data is available for historic period 2010 to 2018.

Competitive Landscape and Smart Home Market Share Analysis

North America smart home market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to North America Smart home market.

The major players covered in the report are SAMSUNG, Robert Bosch GmbH, Schneider Electric, Siemens, Haier Group, Google (A Subsidiary of Alphabet Inc.), GENERAL ELECTRIC COMPANY (A Subsidiary of General Electric), Resideo Technologies, Inc, ABB, Emerson Electric Co., Johnson Controls., Carrier, Legrand, ADT, Vivint, Inc., ACUITY BRANDS LIGHTING, INC., The Chamberlain Group, Inc., Brinks Home Security, Sleep Number Corporation, Leviton Manufacturing Co., Inc., Crestron Electronics, Inc., Hanwha Techwin America., Switchmate, Lifi Labs, Inc. and Kuna Systems among others among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

For instance,

  • In January 2020, Samsung’s made announcement of the new smart home solution based product a new smart speaker will be introduced to the market. The new smart speaker Samsung’s Galaxy Home Mini is getting introduced for the market which will further increase company market share in North America
  • In August 2019, Ikea company expanded their presence in smart home market by forming new dedicated platform for smart home product development. Company also made announcement of smart blinds unit dedicated for the U.S. market only. The company expanded their customer base by offering new technological solution.

Such strategies like partnership, expansion, new product launch and other are helping the market players to increase the sale and market share in North America smart home market.

Customization Available: North America Smart Home Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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TABLE 1 NORTH AMERICA SMART HOME MARKET, BY PRODUCT TYPE, 2018-2027 (USD MILLION)

TABLE 2 NORTH AMERICA ENTERTAINMENT CONTROLS IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 3 NORTH AMERICA ENTERTAINMENT CONTROLS IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 4 NORTH AMERICA SECURITY AND ACCESS CONTROL IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 5 NORTH AMERICA SECURITY AND ACCESS CONTROL IN SMART HOME MARKET, BY TYPE ,2018-2027 (USD MILLION)

TABLE 6 NORTH AMERICA VIDEO SURVEILLANCE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 7 NORTH AMERICA HARDWARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 8 NORTH AMERICA ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 9 NORTH AMERICA NON-BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 10 NORTH AMERICA BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 11 NORTH AMERICA HVAC CONTROL IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 12 NORTH AMERICA HVAC CONTROL IN SMART HOME MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 13 NORTH AMERICA HOME APPLIANCES IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 14 NORTH AMERICA HOME APPLIANCES IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 15 NORTH AMERICA SMART KITCHEN IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 16 NORTH AMERICA SMART KITCHEN IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 17 NORTH AMERICA LIGHTING CONTROL IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 18 NORTH AMERICA LIGHTING CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 19 NORTH AMERICA SMART FURNITURE IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 20 NORTH AMERICA SMART FURNITURE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 21 NORTH AMERICA HOME HEALTHCARE IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 22 NORTH AMERICA HOME HEALTHCARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 23 NORTH AMERICA OTHERS IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 24 NORTH AMERICA OTHERS IN SMART HOME MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 25 NORTH AMERICA SMART HOME MARKET, BY TECHNOLOGY 2018-2027 (USD MILLION)

TABLE 26 NORTH AMERICA WIRELESS TECHNOLOGY IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 27 NORTH AMERICA WIRELESS TECHNOLOGY IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 28 NORTH AMERICA WIRED TECHNOLOGY IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 29 NORTH AMERICA SMART HOME MARKET, BY SOFTWARE & SERVICE 2018-2027 (USD MILLION)

TABLE 30 NORTH AMERICA BEHAVIORAL IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 31 NORTH AMERICA PROACTIVE IN SMART HOME MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 32 NORTH AMERICA SMART HOME MARKET, BY COUNTRY, 2018-2027 (USD MILLION)

TABLE 33 NORTH AMERICA SMART HOME MARKET, BY PRODUCT TYPE, 2018-2027 (USD MILLION)

TABLE 34 NORTH AMERICA ENTERTAINMENT CONTROLS IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 35 NORTH AMERICA SECURITY AND ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 36 NORTH AMERICA VIDEO SURVEILLANCE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 37 NORTH AMERICA HARDWARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 38 NORTH AMERICA ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 39 NORTH AMERICA NON-BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 40 NORTH AMERICA BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 41 NORTH AMERICA HVAC CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 42 NORTH AMERICA HOME APPLIANCES IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 43 NORTH AMERICA SMART KITCHEN IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 44 NORTH AMERICA LIGHTING CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 45 NORTH AMERICA SMART FURNITURE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 46 NORTH AMERICA HOME HEALTHCARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 47 NORTH AMERICA OTHERS IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 48 NORTH AMERICA SMART HOME MARKET, BY TECHNOLOGY, 2018-2027 (USD MILLION)

TABLE 49 NORTH AMERICA WIRELESS TECHNOLOGY IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 50 NORTH AMERICA SMART HOME MARKET, BY SOFTWARE & SERVICE, 2018-2027 (USD MILLION)

TABLE 51 U.S. SMART HOME MARKET, BY PRODUCT TYPE, 2018-2027 (USD MILLION)

TABLE 52 U.S. ENTERTAINMENT CONTROLS IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 53 U.S. SECURITY AND ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 54 U.S. VIDEO SURVEILLANCE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 55 U.S. HARDWARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 56 U.S. ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 57 U.S. NON-BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 58 U.S. BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 59 U.S. HVAC CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 60 U.S. HOME APPLIANCES IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 61 U.S. SMART KITCHEN IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 62 U.S. LIGHTING CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 63 U.S. SMART FURNITURE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 64 U.S. HOME HEALTHCARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 65 U.S. OTHERS IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 66 U.S. SMART HOME MARKET, BY TECHNOLOGY, 2018-2027 (USD MILLION)

TABLE 67 U.S. WIRELESS TECHNOLOGY IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 68 U.S. SMART HOME MARKET, BY SOFTWARE & SERVICE, 2018-2027 (USD MILLION)

TABLE 69 CANADA SMART HOME MARKET, BY PRODUCT TYPE, 2018-2027 (USD MILLION)

TABLE 70 CANADA ENTERTAINMENT CONTROLS IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 71 CANADA SECURITY AND ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 72 CANADA VIDEO SURVEILLANCE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 73 CANADA HARDWARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 74 CANADA ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 75 CANADA NON-BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 76 CANADA BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 77 CANADA HVAC CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 78 CANADA HOME APPLIANCES IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 79 CANADA SMART KITCHEN IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 80 CANADA LIGHTING CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 81 CANADA SMART FURNITURE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 82 CANADA HOME HEALTHCARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 83 CANADA OTHERS IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 84 CANADA SMART HOME MARKET, BY TECHNOLOGY, 2018-2027 (USD MILLION)

TABLE 85 CANADA WIRELESS TECHNOLOGY IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 86 CANADA SMART HOME MARKET, BY SOFTWARE & SERVICE, 2018-2027 (USD MILLION)

TABLE 87 MEXICO SMART HOME MARKET, BY PRODUCT TYPE, 2018-2027 (USD MILLION)

TABLE 88 MEXICO ENTERTAINMENT CONTROLS IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 89 MEXICO SECURITY AND ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 90 MEXICO VIDEO SURVEILLANCE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 91 MEXICO HARDWARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 92 MEXICO ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 93 MEXICO NON-BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 94 MEXICO BIOMETRIC ACCESS CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 95 MEXICO HVAC CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 96 MEXICO HOME APPLIANCES IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 97 MEXICO SMART KITCHEN IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 98 MEXICO LIGHTING CONTROL IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 99 MEXICO SMART FURNITURE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 100 MEXICO HOME HEALTHCARE IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 101 MEXICO OTHERS IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 102 MEXICO SMART HOME MARKET, BY TECHNOLOGY, 2018-2027 (USD MILLION)

TABLE 103 MEXICO WIRELESS TECHNOLOGY IN SMART HOME MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 104 MEXICO SMART HOME MARKET, BY SOFTWARE & SERVICE, 2018-2027 (USD MILLION)

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