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IT Spending for Smart Homes-Global Market Insights and Sales Trends 2025
Synopsis
A smart home system will control lighting, climate, entertainment systems, and appliances. It may also include home security such as access control and alarm systems. When connected with the Internet, home devices are an important constituent of the Internet of Things.
The global IT Spending for Smart Homes market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of IT Spending for Smart Homes in various end use industries. The expanding demands from the Home Security, Entertaiment System, Appliance Control and Home Robots, are propelling IT Spending for Smart Homes market. IT Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hardware segment is estimated at % CAGR for the next seven-year period.
The user interface for control of the system uses either wall-mounted terminals, tablet or desktop computers, a mobile phone application, or a Web interface, that may also be accessible off-site through the Internet. While there are many competing vendors, there are very few worldwide accepted industry standards and the smart home space is heavily fragmented.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IT Spending for Smart Homes, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IT Spending for Smart Homes market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IT Spending for Smart Homes market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IT Spending for Smart Homes sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IT Spending for Smart Homes covered in this report include Cisco, Honeywell, Intel, Schneider Electric, Verizon Communications, Accenture, Alcatel Lucent, Amazon Web Services and ARM Holdings, etc.
The global IT Spending for Smart Homes market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cisco
Honeywell
Intel
Schneider Electric
Verizon Communications
Accenture
Alcatel Lucent
Amazon Web Services
ARM Holdings
Dell
Ericsson
GE
Google
Huawei
Infosys
Microsoft
Oracle
Qualcomm
Telefonica
Global IT Spending for Smart Homes market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IT Spending for Smart Homes market, Segment by Type:
IT Services
Hardware
Software
Global IT Spending for Smart Homes market, by Application
Home Security
Entertaiment System
Appliance Control
Home Robots
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of IT Spending for Smart Homes companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
A smart home system will control lighting, climate, entertainment systems, and appliances. It may also include home security such as access control and alarm systems. When connected with the Internet, home devices are an important constituent of the Internet of Things.
The global IT Spending for Smart Homes market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of IT Spending for Smart Homes in various end use industries. The expanding demands from the Home Security, Entertaiment System, Appliance Control and Home Robots, are propelling IT Spending for Smart Homes market. IT Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hardware segment is estimated at % CAGR for the next seven-year period.
The user interface for control of the system uses either wall-mounted terminals, tablet or desktop computers, a mobile phone application, or a Web interface, that may also be accessible off-site through the Internet. While there are many competing vendors, there are very few worldwide accepted industry standards and the smart home space is heavily fragmented.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IT Spending for Smart Homes, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IT Spending for Smart Homes market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IT Spending for Smart Homes market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IT Spending for Smart Homes sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IT Spending for Smart Homes covered in this report include Cisco, Honeywell, Intel, Schneider Electric, Verizon Communications, Accenture, Alcatel Lucent, Amazon Web Services and ARM Holdings, etc.
The global IT Spending for Smart Homes market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cisco
Honeywell
Intel
Schneider Electric
Verizon Communications
Accenture
Alcatel Lucent
Amazon Web Services
ARM Holdings
Dell
Ericsson
GE
Huawei
Infosys
Microsoft
Oracle
Qualcomm
Telefonica
Global IT Spending for Smart Homes market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IT Spending for Smart Homes market, Segment by Type:
IT Services
Hardware
Software
Global IT Spending for Smart Homes market, by Application
Home Security
Entertaiment System
Appliance Control
Home Robots
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of IT Spending for Smart Homes companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of IT Spending for Smart Homes
1.1 IT Spending for Smart Homes Market Overview
1.1.1 IT Spending for Smart Homes Product Scope
1.1.2 IT Spending for Smart Homes Market Status and Outlook
1.2 Global IT Spending for Smart Homes Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global IT Spending for Smart Homes Market Size by Region (2018-2029)
1.4 Global IT Spending for Smart Homes Historic Market Size by Region (2018-2023)
1.5 Global IT Spending for Smart Homes Market Size Forecast by Region (2024-2029)
1.6 Key Regions, IT Spending for Smart Homes Market Size (2018-2029)
1.6.1 North America IT Spending for Smart Homes Market Size (2018-2029)
1.6.2 Europe IT Spending for Smart Homes Market Size (2018-2029)
1.6.3 Asia-Pacific IT Spending for Smart Homes Market Size (2018-2029)
1.6.4 Latin America IT Spending for Smart Homes Market Size (2018-2029)
1.6.5 Middle East & Africa IT Spending for Smart Homes Market Size (2018-2029)
2 IT Spending for Smart Homes Market by Type
2.1 Introduction
2.1.1 IT Services
2.1.2 Hardware
2.1.3 Software
2.2 Global IT Spending for Smart Homes Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global IT Spending for Smart Homes Historic Market Size by Type (2018-2023)
2.2.2 Global IT Spending for Smart Homes Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America IT Spending for Smart Homes Revenue Breakdown by Type (2018-2029)
2.3.2 Europe IT Spending for Smart Homes Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific IT Spending for Smart Homes Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America IT Spending for Smart Homes Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa IT Spending for Smart Homes Revenue Breakdown by Type (2018-2029)
3 IT Spending for Smart Homes Market Overview by Application
3.1 Introduction
3.1.1 Home Security
3.1.2 Entertaiment System
3.1.3 Appliance Control
3.1.4 Home Robots
3.1.5 Others
3.2 Global IT Spending for Smart Homes Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global IT Spending for Smart Homes Historic Market Size by Application (2018-2023)
3.2.2 Global IT Spending for Smart Homes Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America IT Spending for Smart Homes Revenue Breakdown by Application (2018-2029)
3.3.2 Europe IT Spending for Smart Homes Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific IT Spending for Smart Homes Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America IT Spending for Smart Homes Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa IT Spending for Smart Homes Revenue Breakdown by Application (2018-2029)
4 IT Spending for Smart Homes Competition Analysis by Players
4.1 Global IT Spending for Smart Homes Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in IT Spending for Smart Homes as of 2022)
4.3 Date of Key Players Enter into IT Spending for Smart Homes Market
4.4 Global Top Players IT Spending for Smart Homes Headquarters and Area Served
4.5 Key Players IT Spending for Smart Homes Product Solution and Service
4.6 Competitive Status
4.6.1 IT Spending for Smart Homes Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Cisco
5.1.1 Cisco Profile
5.1.2 Cisco Main Business
5.1.3 Cisco IT Spending for Smart Homes Products, Services and Solutions
5.1.4 Cisco IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.1.5 Cisco Recent Developments
5.2 Honeywell
5.2.1 Honeywell Profile
5.2.2 Honeywell Main Business
5.2.3 Honeywell IT Spending for Smart Homes Products, Services and Solutions
5.2.4 Honeywell IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.2.5 Honeywell Recent Developments
5.3 Intel
5.3.1 Intel Profile
5.3.2 Intel Main Business
5.3.3 Intel IT Spending for Smart Homes Products, Services and Solutions
5.3.4 Intel IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.3.5 Schneider Electric Recent Developments
5.4 Schneider Electric
5.4.1 Schneider Electric Profile
5.4.2 Schneider Electric Main Business
5.4.3 Schneider Electric IT Spending for Smart Homes Products, Services and Solutions
5.4.4 Schneider Electric IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.4.5 Schneider Electric Recent Developments
5.5 Verizon Communications
5.5.1 Verizon Communications Profile
5.5.2 Verizon Communications Main Business
5.5.3 Verizon Communications IT Spending for Smart Homes Products, Services and Solutions
5.5.4 Verizon Communications IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.5.5 Verizon Communications Recent Developments
5.6 Accenture
5.6.1 Accenture Profile
5.6.2 Accenture Main Business
5.6.3 Accenture IT Spending for Smart Homes Products, Services and Solutions
5.6.4 Accenture IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.6.5 Accenture Recent Developments
5.7 Alcatel Lucent
5.7.1 Alcatel Lucent Profile
5.7.2 Alcatel Lucent Main Business
5.7.3 Alcatel Lucent IT Spending for Smart Homes Products, Services and Solutions
5.7.4 Alcatel Lucent IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.7.5 Alcatel Lucent Recent Developments
5.8 Amazon Web Services
5.8.1 Amazon Web Services Profile
5.8.2 Amazon Web Services Main Business
5.8.3 Amazon Web Services IT Spending for Smart Homes Products, Services and Solutions
5.8.4 Amazon Web Services IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.8.5 Amazon Web Services Recent Developments
5.9 ARM Holdings
5.9.1 ARM Holdings Profile
5.9.2 ARM Holdings Main Business
5.9.3 ARM Holdings IT Spending for Smart Homes Products, Services and Solutions
5.9.4 ARM Holdings IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.9.5 ARM Holdings Recent Developments
5.10 Dell
5.10.1 Dell Profile
5.10.2 Dell Main Business
5.10.3 Dell IT Spending for Smart Homes Products, Services and Solutions
5.10.4 Dell IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.10.5 Dell Recent Developments
5.11 Ericsson
5.11.1 Ericsson Profile
5.11.2 Ericsson Main Business
5.11.3 Ericsson IT Spending for Smart Homes Products, Services and Solutions
5.11.4 Ericsson IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.11.5 Ericsson Recent Developments
5.12 GE
5.12.1 GE Profile
5.12.2 GE Main Business
5.12.3 GE IT Spending for Smart Homes Products, Services and Solutions
5.12.4 GE IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.12.5 GE Recent Developments
5.13 Google
5.13.1 Google Profile
5.13.2 Google Main Business
5.13.3 Google IT Spending for Smart Homes Products, Services and Solutions
5.13.4 Google IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.13.5 Google Recent Developments
5.14 Huawei
5.14.1 Huawei Profile
5.14.2 Huawei Main Business
5.14.3 Huawei IT Spending for Smart Homes Products, Services and Solutions
5.14.4 Huawei IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.14.5 Huawei Recent Developments
5.15 Infosys
5.15.1 Infosys Profile
5.15.2 Infosys Main Business
5.15.3 Infosys IT Spending for Smart Homes Products, Services and Solutions
5.15.4 Infosys IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.15.5 Infosys Recent Developments
5.16 Microsoft
5.16.1 Microsoft Profile
5.16.2 Microsoft Main Business
5.16.3 Microsoft IT Spending for Smart Homes Products, Services and Solutions
5.16.4 Microsoft IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.16.5 Microsoft Recent Developments
5.17 Oracle
5.17.1 Oracle Profile
5.17.2 Oracle Main Business
5.17.3 Oracle IT Spending for Smart Homes Products, Services and Solutions
5.17.4 Oracle IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.17.5 Oracle Recent Developments
5.18 Qualcomm
5.18.1 Qualcomm Profile
5.18.2 Qualcomm Main Business
5.18.3 Qualcomm IT Spending for Smart Homes Products, Services and Solutions
5.18.4 Qualcomm IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.18.5 Qualcomm Recent Developments
5.19 Telefonica
5.19.1 Telefonica Profile
5.19.2 Telefonica Main Business
5.19.3 Telefonica IT Spending for Smart Homes Products, Services and Solutions
5.19.4 Telefonica IT Spending for Smart Homes Revenue (US$ Million) & (2018-2023)
5.19.5 Telefonica Recent Developments
6 North America
6.1 North America IT Spending for Smart Homes Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe IT Spending for Smart Homes Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific IT Spending for Smart Homes Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America IT Spending for Smart Homes Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa IT Spending for Smart Homes Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 IT Spending for Smart Homes Market Dynamics
11.1 IT Spending for Smart Homes Industry Trends
11.2 IT Spending for Smart Homes Market Drivers
11.3 IT Spending for Smart Homes Market Challenges
11.4 IT Spending for Smart Homes Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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