Connected Home Devices

Connected Home Devices Market Outlook

The global connected home devices market is anticipated to reach approximately USD 180 billion by 2035, growing at a compound annual growth rate (CAGR) of around 25% during the forecast period from 2025 to 2035. This robust growth is primarily driven by the increasing adoption of smart home technologies, coupled with the rising demand for convenience and automation in daily household operations. Factors such as advancements in Internet of Things (IoT) technology, the proliferation of high-speed internet, and growing consumer awareness regarding energy efficiency and security are further propelling the market. Furthermore, the COVID-19 pandemic has heightened the focus on home automation, as people are spending more time at home and looking for solutions to enhance their living conditions. As a result, the connected home devices market is positioned for substantial growth in the coming years.

Growth Factor of the Market

The growth of the connected home devices market is significantly influenced by various technological advancements and consumer trends. The rapid evolution of IoT technology facilitates seamless connectivity between devices, enabling homeowners to control various functions remotely through smartphone applications or voice commands. Additionally, a growing segment of the population, particularly millennials and tech-savvy consumers, is increasingly interested in smart home devices, drawn by their convenience and enhanced lifestyle benefits. Another critical factor is the growing emphasis on energy efficiency, where smart devices can help manage electricity consumption, leading to long-term cost savings for consumers. Moreover, government initiatives promoting energy-efficient technologies and smart home solutions are further encouraging market growth. The increased availability and affordability of connected home devices, supported by competitive pricing and an expanding range of products, are also contributing to market expansion.

Key Highlights of the Market

• Significant growth expected in smart home technologies, with a CAGR of around 25% through 2035.
• Increased consumer awareness regarding energy efficiency and home security.
• Technological advancements in IoT and smart device integration.
• Growing demand for home automation solutions, especially post-pandemic.
• Expanding distribution channels, including online and offline retailers.

By Product Type

Smart Speakers:

Smart speakers have emerged as a leading product type in the connected home devices market, primarily due to their multifunctional capabilities and ease of use. These devices serve as hubs for controlling various smart home gadgets through voice commands, enabling users to manage their home environments effortlessly. Brands like Amazon Echo and Google Nest have become household names, promoting voice-activated technology that appeals to a wide demographic. The integration of artificial intelligence and machine learning enhances the user experience by providing personalized assistance and seamless connectivity with other smart devices. The growing popularity of music streaming services and the integration of smart speakers with home entertainment systems further bolster their market presence, making them essential components of modern connected homes.

Smart Thermostats:

Smart thermostats are pivotal in the connected home devices market, focusing on energy management and comfort. These devices allow homeowners to monitor and control heating and cooling systems remotely, leading to significant energy savings and enhanced living conditions. The adoption of smart thermostats is driven by increasing energy costs and a growing emphasis on sustainability. Features like adaptive learning, which adjusts temperature settings based on user behavior, and integration with home automation systems make them highly attractive. Companies like Nest and Ecobee are leading this segment by offering technologically advanced products that provide detailed insights into energy consumption and facilitate remote access, ensuring optimal heating and cooling efficiency at all times.

Smart Lighting:

Smart lighting systems are revolutionizing how people illuminate their homes, providing enhanced control over light settings and energy efficiency. These devices can be controlled remotely through smartphones or integrated into home automation systems for seamless operation. The ability to dim lights, change colors, and set schedules contributes to energy savings and personalized ambiance. The growing popularity of LED technology, which offers longer lifespans and reduced energy consumption, complements the rise of smart lighting solutions. Major players in this sector, such as Philips Hue and LIFX, are continuously innovating to offer user-friendly features and compatibility with other smart home devices, further driving market growth.

Smart Security Systems:

Smart security systems are increasingly becoming indispensable in connected homes, driven by rising concerns about safety and property security. These systems encompass a range of devices, including smart cameras, motion sensors, and smart locks, providing homeowners with remote monitoring and control capabilities. The integration of mobile applications allows users to receive real-time alerts and access live video feeds from their properties, enhancing peace of mind. The growing trend of home automation has led to the development of comprehensive security solutions that can be easily integrated with other smart devices, creating an interconnected home environment. With companies like Ring and Arlo leading the charge, smart security systems are witnessing significant adoption as consumers prioritize safety and protection.

Smart Appliances:

Smart appliances, encompassing devices like refrigerators, washing machines, and ovens, represent an innovative segment of the connected home devices market. These appliances are designed to enhance convenience, efficiency, and connectivity, often featuring IoT capabilities that allow users to operate them remotely. The rise of smart appliances is fueled by consumer demand for seamless kitchen automation, enabling tasks such as preheating an oven or monitoring food inventory through mobile apps. The integration of smart technology into everyday appliances not only simplifies tasks but also fosters energy efficiency by optimizing performance based on usage patterns. Leading brands like Samsung and LG are investing in smart appliance technology, ensuring that they remain at the forefront of this growing market.

By Application

Home Automation:

Home automation stands out as a significant application driving the connected home devices market. This application encompasses a wide array of devices and systems designed to enhance convenience, security, and energy management within households. The growing desire among consumers to create personalized living environments has led to increased investments in smart home technologies that allow for remote control and automation of various household functions. Through centralized control systems or mobile applications, users can manage everything from lighting and HVAC systems to entertainment devices and security systems. This holistic approach to home automation not only improves quality of life but also contributes to energy efficiency and cost savings, making it a key driver of market growth.

Energy Management:

Energy management is increasingly becoming a focal point in the connected home devices market, driven by the rising costs of energy and growing environmental concerns. Smart devices equipped with energy monitoring capabilities enable homeowners to track their energy consumption in real-time, allowing for informed decisions regarding usage patterns and efficiency improvements. This application is closely tied to the adoption of smart thermostats and energy-efficient appliances, which work together to optimize energy consumption throughout the home. By empowering users with insights into their energy usage, connected devices promote more sustainable practices while simultaneously reducing utility bills. This emphasis on energy management is expected to propel further growth within the sector as consumers seek to minimize their environmental footprints.

Entertainment:

Entertainment applications are prominently featured in the connected home devices market, driven by the increasing demand for seamless media experiences. Smart TVs, streaming devices, and audio systems are at the forefront of this application segment, providing users with access to a plethora of content and control options. The integration of voice assistants and smart home connectivity further enhances the entertainment experience, allowing users to control devices with simple voice commands. The rise of streaming services has also fueled the growth of connected entertainment devices, as consumers look for ways to access their favorite shows and movies easily. As technology continues to advance, the entertainment segment is likely to see continued innovation and development, solidifying its importance in the connected home ecosystem.

Health and Wellness:

The health and wellness application segment is gaining traction in the connected home devices market as consumers increasingly prioritize their well-being. Smart devices such as fitness trackers, smart scales, and sleep monitors enable individuals to monitor their health metrics and maintain healthier lifestyles. The integration of IoT technology allows for real-time data tracking and analysis, empowering users to make informed decisions about their health. Additionally, the rise of telehealth services has driven the demand for connected health devices that support virtual consultations and remote monitoring. As the focus on personal health continues to grow, the health and wellness application segment is expected to expand rapidly, offering innovative solutions that promote healthier living.

Others:

The "Others" category in the applications of connected home devices encompasses various niche use cases that contribute to market diversity. This may include devices aimed at pet care, gardening, and home maintenance, which cater to specific consumer needs and preferences. As consumers become more adept at leveraging technology for everyday tasks, these niche applications are witnessing growing interest. The ability to remotely monitor pets, automate irrigation systems, or receive maintenance alerts for household appliances enhances the overall quality of life and fosters a more connected living environment. This segment underscores the versatility of connected home devices, highlighting their potential to address an array of consumer needs and interests beyond the primary applications.

By Distribution Channel

Online Retailers:

Online retailers have become a dominant distribution channel for connected home devices, largely due to the convenience and accessibility they offer consumers. E-commerce platforms like Amazon, Best Buy, and specialized electronics websites have capitalized on the growing trend of online shopping, allowing customers to browse extensive product catalogs, compare prices, and read reviews from the comfort of their homes. The rise of same-day delivery and easy return policies has further enhanced the attractiveness of online shopping, encouraging more consumers to purchase smart home devices through these platforms. As technology evolves and consumer preferences shift, online retailers are expected to continue playing a critical role in the distribution of connected home devices.

Offline Retailers:

Offline retailers remain a significant distribution channel for connected home devices, catering to consumers who prefer a hands-on shopping experience. Brick-and-mortar stores, including electronics retailers and home improvement chains, provide customers with the opportunity to physically interact with devices before making a purchase. This tactile experience can be particularly important for connected home products, where consumers may want to understand functionalities and compatibility with existing systems. Retailers often employ knowledgeable staff to assist customers in making informed decisions, further enhancing the shopping experience. Despite the growing trend of online shopping, offline retailers continue to attract a loyal customer base looking for personalized service and the ability to assess products in person.

Specialty Stores:

Specialty stores focusing on home automation and smart technology are gaining traction as a distribution channel for connected home devices. These stores often provide a curated selection of innovative products, along with expert advice and demonstrations, allowing consumers to explore the latest advancements in smart home technology. The staff at specialty stores typically possess in-depth knowledge about the products, enabling them to guide customers through complex purchasing decisions. As consumers become more interested in tailored solutions for their homes, specialty retailers are well-positioned to meet demand by offering personalized service and specialized product lines. The growth of these stores reflects the increasing sophistication of connected home technologies and consumers' desire for expert guidance.

DIY Stores:

DIY stores have also become relevant players in the connected home devices market as consumers increasingly gravitate toward self-installation solutions. These retailers cater to homeowners who are comfortable integrating smart devices into their homes without professional assistance. DIY stores offer a range of connected home devices, along with installation guides and resources that empower customers to undertake their own home automation projects. This segment is particularly attractive to budget-conscious consumers looking for cost-effective solutions to enhance their living environments. As the DIY trend continues to grow, the presence of connected home devices in these stores is expected to expand, providing customers with easy access to the tools they need for successful installations.

Others:

The "Others" category in distribution channels encompasses various alternative avenues for purchasing connected home devices, including direct sales from manufacturers and third-party vendors. Some consumers might prefer to buy directly from brand websites, allowing them to access exclusive offers, warranties, and product lines not available through traditional retailers. Additionally, pop-up stores or temporary retail spaces can provide opportunities for brands to showcase their latest innovations and engage directly with customers. As the market evolves, these alternative distribution channels are likely to gain prominence, reflecting diverse consumer preferences and the need for adaptable purchasing options.

By Connectivity Type

Wi-Fi:

Wi-Fi connectivity is one of the most prevalent types of connectivity in the connected home devices market, enabling seamless communication between various smart devices and the internet. This technology allows users to access their devices remotely via mobile applications, facilitating real-time monitoring and control. Wi-Fi-enabled devices often provide high-speed data transfer, making them ideal for applications requiring constant connectivity, such as streaming and security systems. The widespread availability of Wi-Fi networks in homes further supports the adoption of Wi-Fi-connected devices. As smart home ecosystems become more complex, the demand for reliable and high-speed Wi-Fi connectivity is expected to continue to grow, driving the development of advanced connected devices.

Bluetooth:

Bluetooth connectivity is another key type of connectivity in the connected home devices market, particularly popular for devices that require short-range communication. This technology is widely used in smart speakers, wearables, and other personal devices that interact with smartphones or tablets. Bluetooth offers a simple and energy-efficient solution for connecting devices without relying on a Wi-Fi network, making it an attractive option for users seeking straightforward integration. The growth of Bluetooth Low Energy (BLE) technology has further enhanced its appeal by reducing power consumption, allowing devices to operate longer on smaller batteries. As consumer preferences shift toward low-energy solutions, Bluetooth connectivity is expected to maintain its significance in the connected home devices market.

Zigbee:

Zigbee is a wireless communication protocol specifically designed for low-power, low-data-rate applications, making it an excellent fit for connected home devices. This mesh networking technology enables devices to communicate with each other without needing a central hub, providing a decentralized approach to home automation. Zigbee is widely used in smart lighting, security systems, and energy management solutions, as it allows for reliable communication across multiple devices while minimizing power consumption. The ability to connect numerous devices on a single network without compromising performance makes Zigbee an attractive choice for homeowners looking to create a comprehensive smart home ecosystem. As demand for scalable and energy-efficient solutions continues to rise, Zigbee is expected to play a prominent role in the future of connected home devices.

Z-Wave:

Z-Wave is another noteworthy connectivity protocol utilized in the connected home devices market, primarily focusing on home automation applications. Similar to Zigbee, Z-Wave operates on a mesh network, allowing devices to communicate efficiently over longer distances while consuming minimal power. This technology is particularly favored for smart security systems, lighting controls, and HVAC management, providing homeowners with seamless control and automation capabilities. Z-Wave's interoperability with a wide range of devices from various manufacturers enhances its appeal, as it allows consumers to build customized smart home systems tailored to their specific needs. With the increasing emphasis on home automation, Z-Wave is expected to continue gaining traction in the connected home devices landscape.

Others:

The "Others" category in connectivity types includes alternative wireless technologies such as Thread, Wi-SUN, and proprietary protocols developed by specific manufacturers. While these technologies may not have gained as much market penetration as Wi-Fi, Bluetooth, Zigbee, or Z-Wave, they offer unique features and benefits that cater to specific consumer needs. For instance, Thread is designed for low-power, low-latency applications in the smart home space, while Wi-SUN focuses on providing robust connectivity for outdoor applications such as smart gardens and street lighting. As the market for connected home devices evolves, these alternative connectivity options are likely to gain relevance, driven by innovation and the demand for specialized solutions.

By Region

The regional analysis of the connected home devices market highlights significant growth across various territories, reflecting the global nature of smart home technology adoption. North America is currently leading the market, driven by high consumer awareness and widespread adoption of smart home technologies. The region is expected to account for nearly 35% of the global market share by 2035, with a robust CAGR of approximately 23% during the forecast period. This growth is primarily attributed to the increasing demand for energy-efficient solutions and enhanced home security features. The presence of major technology players and a well-developed infrastructure for internet connectivity further bolster North America's position in the connected home devices market.

Europe also presents a promising market for connected home devices, expected to hold around 30% of the global market share by 2035. The region's growth is fueled by a strong emphasis on sustainability and environmental awareness, with consumers actively seeking energy-efficient and eco-friendly solutions. Countries like Germany, the UK, and France are at the forefront of this trend, with significant investments in smart home technologies. Moreover, European governments are implementing regulations that promote the use of connected devices to achieve energy reduction targets. The Asia Pacific region is rapidly emerging as a key player, with a projected CAGR of 27% driven by increasing disposable incomes, urbanization, and a growing tech-savvy population.

Opportunities

The connected home devices market is brimming with opportunities as technological advancements continue to shape the landscape. One of the most significant prospects lies in the integration of artificial intelligence (AI) and machine learning (ML) technologies into smart home devices. These technologies can enhance the functionality and user experience of connected devices, offering personalized recommendations and automated control based on user behavior. The growing trend of home automation, coupled with the increasing awareness of the benefits of smart technologies, invites new players and innovations into the market. Additionally, collaborations between established tech companies and startups in the smart home space present opportunities for developing cutting-edge solutions that cater to evolving consumer needs.

Furthermore, the expansion of smart home ecosystems presents another avenue for growth. As consumers seek comprehensive solutions to manage their homes efficiently, there is a rising demand for interoperability among devices from different manufacturers. This trend encourages companies to develop products that can seamlessly integrate with existing smart home systems, providing consumers with a cohesive and user-friendly experience. Moreover, the increasing focus on health and wellness applications within connected homes opens up opportunities for innovative solutions that cater to consumers' well-being, such as smart air purifiers and health monitoring devices. As the market evolves, the potential for growth and innovation remains vast, creating a dynamic environment for businesses to thrive.

Threats

Despite the promising outlook for the connected home devices market, several threats could hinder its growth trajectory. One of the primary concerns is the issue of cybersecurity. As homes become increasingly connected, the risk of cyberattacks and data breaches escalates, posing significant threats to user privacy and security. High-profile hacking incidents involving smart devices have raised concerns among consumers, potentially leading to hesitance in adopting connected technologies. Manufacturers must prioritize robust security measures and transparent data management practices to mitigate these threats and instill consumer confidence. Failure to address cybersecurity risks could result in reputational damage and hinder market growth as consumers question the safety of smart home devices.

Another challenge facing the connected home devices market is the issue of interoperability among devices from different manufacturers. As the market expands, consumers are often left with devices that do not communicate effectively with one another, leading to frustration and diminished user experience. This lack of standardization can impede the overall adoption of smart home technologies, as consumers may hesitate to invest in products that do not seamlessly integrate into their existing systems. Industry stakeholders must work collaboratively to develop common standards and protocols to enhance interoperability, ensuring that consumers can enjoy a smooth and cohesive smart home experience without limitations.

Competitor Outlook

• Amazon
• Google
• Apple
• Samsung
• Philips
• Ring
• Ecobee
• LIFX
• Arlo Technologies
• Honeywell
• LG Electronics
• Netgear
• August Home
• TP-Link
• Schneider Electric

The competitive landscape of the connected home devices market is characterized by the presence of several key players, each vying for market share and innovation leadership. Companies like Amazon, Google, and Apple dominate the market with their respective smart home ecosystems, offering a wide range of interconnected devices and services. Amazon's Alexa and Google Assistant have emerged as leaders in the voice-activated technology space, driving the adoption of smart speakers and home automation systems. The competition among these tech giants has catalyzed continuous innovation, resulting in the introduction of features that enhance user experience and interoperability across devices.

In addition to these tech behemoths, companies like Samsung and Philips are making significant strides in the connected home devices space. Samsung's SmartThings platform serves as a hub for integrating various smart devices, promoting seamless connectivity and user control. Philips has established itself as a leader in smart lighting solutions, with its Hue product line catering to the growing demand for customizable and energy-efficient lighting options. The competition among these companies not only fosters innovation but also drives down prices, making connected devices more accessible to consumers.

Moreover, newer entrants and specialized players are emerging in the market, focusing on niche segments such as smart security systems and health monitoring devices. Brands like Ring and Ecobee are gaining traction by offering innovative solutions tailored to specific consumer needs. As the market evolves, these companies will continue to carve out their competitive positions by introducing unique features and functionalities that differentiate their products from those of established players. Overall, the competitive landscape of the connected home devices market is dynamic, characterized by rapid innovation, collaboration, and a commitment to meeting consumer demands.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 LIFX
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Ring
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Apple
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Amazon
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Ecobee
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Google
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Netgear
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Philips
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Samsung
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 TP-Link
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Honeywell
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 August Home
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 LG Electronics
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Arlo Technologies
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Schneider Electric
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Connected Home Devices Market, By Application
    • 6.1.1 Home Automation
    • 6.1.2 Energy Management
    • 6.1.3 Entertainment
    • 6.1.4 Health and Wellness
    • 6.1.5 Others
  • 6.2 Connected Home Devices Market, By Product Type
    • 6.2.1 Smart Speakers
    • 6.2.2 Smart Thermostats
    • 6.2.3 Smart Lighting
    • 6.2.4 Smart Security Systems
    • 6.2.5 Smart Appliances
  • 6.3 Connected Home Devices Market, By Connectivity Type
    • 6.3.1 Wi-Fi
    • 6.3.2 Bluetooth
    • 6.3.3 Zigbee
    • 6.3.4 Z-Wave
    • 6.3.5 Others
  • 6.4 Connected Home Devices Market, By Distribution Channel
    • 6.4.1 Online Retailers
    • 6.4.2 Offline Retailers
    • 6.4.3 Specialty Stores
    • 6.4.4 DIY Stores
    • 6.4.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Connected Home Devices Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Connected Home Devices market is categorized based on

By Product Type

• Smart Speakers
• Smart Thermostats
• Smart Lighting
• Smart Security Systems
• Smart Appliances

By Application

• Home Automation
• Energy Management
• Entertainment
• Health and Wellness
• Others

By Distribution Channel

• Online Retailers
• Offline Retailers
• Specialty Stores
• DIY Stores
• Others

By Connectivity Type

• Wi-Fi
• Bluetooth
• Zigbee
• Z-Wave
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Amazon
• Google
• Apple
• Samsung
• Philips
• Ring
• Ecobee
• LIFX
• Arlo Technologies
• Honeywell
• LG Electronics
• Netgear
• August Home
• TP-Link
• Schneider Electric