Connected Home Devices Market : Key Segments, Maket Insights, Regional Outlook A

Posted by surendra choudhary on September 18th, 2019

The competitive landscape of the global connected home devices market seems consolidated, as ~ 60% leading players hold share, states Transparency Market Research in its recent published report.  These players are investing huge sum of money in research and development activities in order to introduce enhanced services to their customers. They are also engaged in expanding their presence by collaborating and acquiring smaller players, as it will give them high-edge among their competitors. For example, Honeywell International, Inc. (US) introduced Lyric Cameras and along with that, they introduced a software upgrade for Lyric Smart Home Security systems. This will help smart home system become sync with HomeKit by Apple. Additionally, the company has Lyric C1 and C2 that are Wi-Fi indoor cameras that are going to be paired with the Lyric app that will initiate live streaming, send alerts concerning inactivity of smoke, and recorded events. These add-ons by the company will help in attracting large number of customers across the globe.

The report also provides detailed information of other players including Panasonic Corporation, Phillips N.V., Samsung Electronics, Analog Devices, Inc., LG Electronics, Siemens AG, General Electric Company, Schneider Electric, Sony Corporation, Johnson Controls, AB Electrolux, and United Technologies.

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The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
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• Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
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