Market Overview:
The global automated home service market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart speakers, smart thermostats, smart lighting, and other such devices in homes across the globe. Additionally, rising awareness about energy conservation and growing adoption of IoT-enabled devices are also contributing significantly to the growth of this market. On the basis of type, the global automated home service market is segmented into smart speakers,smart thermostats,smart lighting,,smart security andsmart appliances. Among these segments,the Smart Speakers segment is projected to witness highest growth during the forecast period owingto its growing popularity among consumers for its multifunctional features such as voice control and music playback. On the basis of application,,the global automated home servicemarket is divided into online salesand offline sales channels.
Product Definition:
An automated home service is a type of system that allows homeowners to control various features of their homes remotely. This can include things like turning lights on and off, adjusting the thermostat, and locking or unlocking doors. Automated home services can be extremely helpful for people who are always on the go or have busy schedules. They can also be helpful for seniors or people with disabilities who may need assistance with certain tasks around the house.
Smart Speakers:
Smart speakers are electronic devices that operate as both a speaker and an audio device. They can play music, news, sports scores, etc. The major difference between normal speakers and smart speakers is their ability to connect to the internet and other devices via wireless technology such as Bluetooth or Wi-Fi. Smart speaker manufacturers integrate these features into the product itself so that consumers don’t have to go for third-party solutions or purchase external streaming devices.
Smart Thermostats:
Smart thermostats are electronic devices that can be integrated with an automated home service and help in regulating the temperature of a building. They can also connect to smart grids for energy management. The major function of these products is to turn heat on or off using a remote control, based on the set temperature. It helps in maintaining the desired indoor climate by automatically adjusting heating/cooling systems as per requirements.
Global Smart Thermostats.
Application Insights:
The online sales segment dominated the global automated home service market in 2017. The growth of this segment can be attributed to the increasing use of smart speakers and smartphones that enable users to have a voice assistant. Moreover, customers are increasingly using these devices for shopping as they can compare prices, read reviews and find information about a product through conversational interfaces. This has led to an increase in demand for connected appliances across households globally.
The offline sales segment is expected register significant growth over the forecast period owing to increased penetration of connected products across various end-use industries such as security & surveillance, lighting & dimming systems among others which require installation or maintenance services at customer¢â‚¬â„¢s premises.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing penetration of smart devices and growing demand for connected homes in countries, such as the U.S., Canada, and Mexico. Moreover, rising adoption of automation technology by consumers is also expected to drive growth over this period.
Asia Pacific regional market captured a significant share in 2017 owing to increased spending on home automation systems and accessories by consumers across countries like China, Japan, India among others). Increasing investments from companies are also driving growth across this region due to high demand for connected devices that can be controlled through smartphones or tablets remotely (Automation at Work Corporation 2016).
Growth Factors:
- Increasing demand for convenience and automation: A growing number of consumers are looking for ways to automate their lives and make tasks easier. The automated home service market offers solutions that appeal to this need, making it a strong growth driver.
- Rising disposable income: As incomes rise, consumers have more money available to spend on products and services that make their lives easier, including automated home services. This is another key growth driver for the market.
- Advances in technology: Rapid advancements in technology are making it possible for businesses in the automated home service market to offer innovative new solutions that appeal to consumers’ needs. This is helping fuel market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Home Service Market Research Report
By Type
Smart Speakers, Smart Thermostats, Smart Lighting, Smart Security, Smart Appliances
By Application
Online Sales, Offline Sales
By Companies
SK Telecom, Orange, Qualcomm, SingTel, Bharti Airtel, BT, Cisco, Dell, Deutsche Telekom, D-Link, Ericsson, Eurotech, Google, HPE, Huawei, China Telecom
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Automated Home Service Market Report Segments:
The global Automated Home Service market is segmented on the basis of:
Types
Smart Speakers, Smart Thermostats, Smart Lighting, Smart Security, Smart Appliances
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sales, Offline Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SK Telecom
- Orange
- Qualcomm
- SingTel
- Bharti Airtel
- BT
- Cisco
- Dell
- Deutsche Telekom
- D-Link
- Ericsson
- Eurotech
- Google
- HPE
- Huawei
- China Telecom
Highlights of The Automated Home Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Smart Speakers
- Smart Thermostats
- Smart Lighting
- Smart Security
- Smart Appliances
- By Application:
- Online Sales
- Offline Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Home Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automated home service is a type of home maintenance service that helps homeowners keep their homes clean and organized. Services may include regular cleaning, organizing, and repairing of appliances and fixtures.
Some of the major players in the automated home service market are SK Telecom, Orange, Qualcomm, SingTel, Bharti Airtel, BT, Cisco, Dell, Deutsche Telekom, D-Link, Ericsson, Eurotech, Google, HPE, Huawei, China Telecom.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automated Home Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automated Home Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automated Home Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automated Home Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automated Home Service Market Size & Forecast, 2018-2028
4.5.1 Automated Home Service Market Size and Y-o-Y Growth
4.5.2 Automated Home Service Market Absolute $ Opportunity
Chapter 5 Global Automated Home Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automated Home Service Market Size Forecast by Type
5.2.1 Smart Speakers
5.2.2 Smart Thermostats
5.2.3 Smart Lighting
5.2.4 Smart Security
5.2.5 Smart Appliances
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automated Home Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automated Home Service Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automated Home Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automated Home Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automated Home Service Analysis and Forecast
9.1 Introduction
9.2 North America Automated Home Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automated Home Service Market Size Forecast by Type
9.6.1 Smart Speakers
9.6.2 Smart Thermostats
9.6.3 Smart Lighting
9.6.4 Smart Security
9.6.5 Smart Appliances
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automated Home Service Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automated Home Service Analysis and Forecast
10.1 Introduction
10.2 Europe Automated Home Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automated Home Service Market Size Forecast by Type
10.6.1 Smart Speakers
10.6.2 Smart Thermostats
10.6.3 Smart Lighting
10.6.4 Smart Security
10.6.5 Smart Appliances
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automated Home Service Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automated Home Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automated Home Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automated Home Service Market Size Forecast by Type
11.6.1 Smart Speakers
11.6.2 Smart Thermostats
11.6.3 Smart Lighting
11.6.4 Smart Security
11.6.5 Smart Appliances
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automated Home Service Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automated Home Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Automated Home Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automated Home Service Market Size Forecast by Type
12.6.1 Smart Speakers
12.6.2 Smart Thermostats
12.6.3 Smart Lighting
12.6.4 Smart Security
12.6.5 Smart Appliances
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automated Home Service Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automated Home Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automated Home Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automated Home Service Market Size Forecast by Type
13.6.1 Smart Speakers
13.6.2 Smart Thermostats
13.6.3 Smart Lighting
13.6.4 Smart Security
13.6.5 Smart Appliances
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automated Home Service Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automated Home Service Market: Competitive Dashboard
14.2 Global Automated Home Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SK Telecom
14.3.2 Orange
14.3.3 Qualcomm
14.3.4 SingTel
14.3.5 Bharti Airtel
14.3.6 BT
14.3.7 Cisco
14.3.8 Dell
14.3.9 Deutsche Telekom
14.3.10 D-Link
14.3.11 Ericsson
14.3.12 Eurotech
14.3.13 Google
14.3.14 HPE
14.3.15 Huawei
14.3.16 China Telecom
