Dublin, Feb. 03, 2023 (GLOBE NEWSWIRE) -- The "Smart Home Market Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

The analyst offers valuable insights that will help IoT service providers increase revenue and identify new opportunities within this marketplace.

The smart home market is moving toward optimized and personalized devices, environmental control, and energy consumption through ubiquitous connectivity and digital transformation. This strategic analysis is part of the analyst's continued coverage of the global IoT market.

The IoT space is still in flux. Unlike more mature Information and communications technology (ICT) markets, the IoT space sees significant overlap with other industries such as automotive, energy, and transportation. To accurately observe and measure IoT-related economic activity, the analyst uses the definition above to determine if a technology product, application, or service is to be considered a part of the IoT. The analyst identifies the main segments that accumulate connected devices in Smart Homes: home entertainment, home safety and security, home energy, health and wellness, and home automation and control.

A home entertainment system is a multi-room system that controls and automates home entertainment devices and provides high-quality audio/video experience for end users. Security systems that are connected either to an onsite management system or an offsite cloud-based management system.

A home energy management system (HEMS) is a technology platform that monitors, manages, and controls home functions, such as heating, ventilation, and air conditioning (HVAC), lighting, solar photovoltaics (PV), and other appliances in a residential building.

Health and wellness, also called technology-enabled care (TEC), covers mobile health, digital health, and telehealth.

A home automation system is a centralized system that controls and automates at least 2 home functions from remote locations, thereby providing an assisted and connected living environment to end users.

Key Features

• Objects that are virtualized and imbued with data measurement capabilities

• The ability to grant identities to physical and virtual objects

• Interconnections between these objects, for monitoring and interaction

• The ability to generate real-time insights from data and incorporate them into existing business processes

Key Topics Covered:

1. Strategic Imperatives

• Why is it Increasingly Difficult to Grow?

• The Strategic Imperative

• The Impact of the Top 3 Strategic Imperatives on the Smart Home Industry

• Growth Opportunities Fuel the Growth Pipeline Engine

2. Market Definition and Methodology

• The Definition of the IoT

• Scope of the Study

• Smart Homes Market Overview

• Growth Metrics

• Segmentation

• Software and Hardware Layers

3. Growth Environment

• Internet Households

• Fixed Mobile Convergence

• Wi-Fi 6 - Features and Benefits

• Wi-Fi 6 and 5G Overview

• Wi-Fi 6 Vs. 5G

• Top 5 Household Penetration of Connected Devices, 2021 & 2026

• Home Ecosystem Architecture

• Smart Homes Technology Stack

• Main Enablers of Smart Homes

• The Home as a Hub

• The Evolution of the Home Ecosystem

• A View of Future Homes in 2030 - The Hyper-personalized Home Hub

• The Main Trends in the Smart Home Market

• The Top 5 Growth Opportunities in the Smart Homes Market

• Critical Success Factors for Growth

4. Growth Opportunity Analysis

• Growth Drivers

• Growth Restraints

• Forecast Assumptions

• Connected Devices Forecast

• Forecast Analysis

• Connected Devices Forecast by Segment

• Forecast Analysis by Segment

• Connected Devices Forecast by Region

• Forecast Analysis by Region

5. Growth Opportunity Universe

• Growth Opportunity 1: Home Entertainment Systems

• Growth Opportunity 2: Home Safety and Security Systems

• Growth Opportunity 3: Home Energy Management Systems

• Growth Opportunity 4: Health and Wellness Technology-enabled Care

• Growth Opportunity 5: Home Automation and Control Systems

For more information about this report visit https://www.researchandmarkets.com/r/pwb8u-home-market?w=12

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