The global smart home hub market is likely to post a CAGR more than 5% and 4% in terms of unit shipment and revenue, respectively during 2016-2022.
Global Smart Home Hub Market - Strategic Assessment and Forecast 2017-2022, considers the present scenario of the global smart home hub market and its strategic assessment during the period 2016-2022. The report outlines the top trends, drivers, restraints, and profiles the leading five vendors in the market.
One of the reasons for increasing sales of smart home hub in developing as well as developed countries is urbanization. Urbanization has led to the creation of better job opportunities for people, which, in turn, leads to the improvement in their living standards.
Increased per capita income and growth of dual-income households constitute the basis for increasing spend on smart devices worldwide. Further, the cost-effectiveness of smart home hubs offered online (often at discounted prices) is also attracting price-sensitive, new buyers in the market. In addition, improving global economic conditions will drive the growth of the market, making it attractive for vendors to launch new products.
Increasing clutter of smart home devices in households develops the need for a central device that can help end-users to control all other connected devices. Smart home hubs come handy in these situations, thereby finding their application increasing among end-users consumers worldwide. The increasing popularity of voice-first technology, rising investment on IoT by vendors, and growing push for digital economy in developing countries are among the other emerging trends that is going to boost the market during the forecast period.
Further, the report includes a detailed study of emerging trends, factors driving the growth, and expected challenges of the market during the period 2017-2022. Similarly, increased instances of voice searches and penetration of broadband and internet connections are among the major factors that are expected to drive the growth of the market. The report also includes Porter's Five Forces analysis and their impact on the market.
Key Topics Covered:
Section 1 Research Methodology
Section 2 Report Coverage
Section 3 Market Landscape
Section 4 Key Market Trends
Section 5 Key Market Growth Drivers
Section 6 Key Market Restraints
Section 7 Value Chain Analysis
Section 8 Smart Homes: An Introduction
Section 9 Global Market Size and Forecast
Section 10 Market Segmentation by Distribution Channels
Section 11 Geographical Segmentation
Section 12 Smart Home Hub Market in North America
Section 13 Smart Home Hub Market in Europe
Section 14 Smart Home Hub Market in APAC
Section 15 Smart Home Hub Market in RoW
Section 16 Vendor Landscape
Section 17 Key Vendor Analysis
Section 18 Other Vendors with Prominent Presence in Market
Section 19 Summary of the Report
Section 20 Summary of Figures
Section 21 Appendix
- Alphabet - Apple - Control4 - Cozify - Flex (Wink Labs) - Invoxia - LG Electronics - Logitech International - Lowe's (Iris) - Lutron Electronics - Samsung - SmartBeings - Smartlabs (Insteon) - Vera Control - Vivint - Zipato (Tri plus grupa)