Europe Smart Homes Technology Market: Insights and Forecast, 2019-2025: Emphasis on Application (Safety and Security, Smart Appliances, Heating Ventilating, Air Conditioning (HVAC), Home Entertainment, Smart Lighting Systems, Smart Energy Management), Technology (Wireless and Wired Smart Home Technology), End-Users (Residential and Commercials End-Users)
August 2019
207
About the Report
About the Report
Europe smart home market is segmented based on applications, technology and end users. Applications (security & safety, smart appliances, home entertainment, lighting &control, HVAC, energy management), technology (wired and wireless technology) and end users (residential and commercial) are the major focus areas considered while analyzing and defining the penetration of smart home technology in different geographies across Europe. In 2018, safety and security systems dominated the regional smart home market with the maximum share in terms of revenue. Based on the estimation, the segment occupied around 22.8% share in the same year. Increasing demand for security & safety devices, rising penetration of security vendors in Europe such as Verisure & Securitas Direct and Tyco International building substantial monitoring revenue base throughout Europe would help the respective segment to grow at a faster rate of 25.4% during the forecast period (2019-2025). This will invigorate the region at matured stage in smart home technology landscape.
The proliferation and smartening of IoT devices have remarkably scaled up the potential for the industry. Significant amount of data or information can be stored, collected, analyzed and transmitted leading to the saving of substantial amount of money by numerous companies. Hence, in 2018, wireless smart technology held a prominent share of 84.2%, followed by wired technology which held 15.8% during the same year. Wireless market in Europe smart home technology was valued at USD 8,143.6 Million in 2018 and is projected to derive USD 41,664.3 Million revenues by 2025 witnessing an astonishing CAGR of 26.7% during the forecast period. The same year, the wired connection also garnered USD 1,530.4 Million of revenues and is projected to reach USD 9,009.9 Million by 2025 showcasing remarkable compound growth of 29.2% over the forecast period. Ethernet wired connection occupied the largest share in the respective technology.
Based on the end users, the Europe smart home market is segmented into residential and commercial end users. In 2018, smart home technology was more applicable among residential end users. The segment dominated the smart home market at regional scale and is expected to maintain its dominance throughout the analyzed period. Furthermore, depending on residential end users and type, the market is further classified into luxury homes, mid-range apartments, assisted homes and low energy homes. In 2018, the mid-range apartments occupied the largest share followed by luxury apartments and luxury villas in the regional smart home market. Surging investments by major tech giants and venture capitalists to bring in innovation within smart home domain has tremendously contributed towards the growth prospects of smart home technology in the region. Moreover, benefits of smart home technology can also be witnessed among commercial end users such as hotels, hospitals and other commercial buildings. In the smart home industry, technological breakthroughs have been successful in bringing about new shapes to the industry. Smart home technology application was majorly prominent among hospitals. Based on the estimation, the respective segment is projected to generate a revenue of USD 8,627.9 Million by 2024 displaying tremendous CAGR of 27.9% during the forecast period in the smart home market at regional scale. Moreover, strong competitiveness, flourishing IoT, spur in product development, research & development activities, dramatic uptake of technological advancements, growing scope of smart health solutions & ageing population, investments by major peers, spur in smartphone penetration and rising preference for energy management systems and favorable government policies have significantly contributed in prospering the market size of Europe smart home market at large scale. However, low level of awareness among consumers about smart home devices, concerns regarding privacy & hacking, high cost involved in complex installation and high prices of smart home devices need to be addressed to experience the never-ending growth of smart home market.
Also, for better understanding of regional smart home market penetration, the market has been analyzed as per different countries such as Germany, the UK, France, and Norway, the Netherlands, Switzerland, Denmark and the rest of Europe. Based on the estimation, Germany was accounted for the highest revenue share in 2018. Positive impact on businesses of smart device manufacturers such as HVAC and numerous established players and startups earmarking their footprint in smart appliances domain ranging from remote controlled heating appliances and growing interest for energy saving applications such as thermostats and booming concept of Internet of Things have bolstered the growth of Europe smart home technology market. Numerous companies have forayed in the European smart home technology market that offers smart devices in different applications such as smart speaker, security systems, smart TVs, LEDs and switches, kitchen ware appliances and other devices. With an objective to enhance their product portfolio, the major market players have entered into various acquisitions and collaborations. Major players in this market comprise ABB Ltd, Assa Abbloy, Cisco Systems Inc., Deutsche Telekom AG, Emerson Electric Co., General Electric Company, Samsung Electronics Ltd, Honeywell International Inc., IBM Corporation, Schneider Electric S.E., and Siemens AG and United Technologies Corporation and others.
Products
Companies
ABB Limited, ASSA ABLOY, Cisco Systems, Inc., Deutsche Telekom AG, Emerson Electric Co, General Electric Company, Samsung Electronics Ltd, Honeywell International Inc., IBM Corporation, Schneider Electric S.E., Siemens AG and United Technologies Corporation
Table of Contents
Table of Contents
1. MARKET INTRODUCTION
1.1 Market Definition 17
1.2 Objective of the Study 17
1.3 Limitation 17
1.4 Stakeholders 18
1.5 Currency used in the Report 18
1.6 Scope of the Europe Smart Home Technology Market Study 18
2. RESEARCH METHODOLOGY OR ASSUMPTION 19
2.1 Research Methodology for Europe Smart Home Technology Market Study 19
2.1.1 Main objective of the Europe Smart Home Technology Market Study 20
3. ENERGY EFFICIENCY DIRECTIVE IN EUROPEAN UNION 21
3.1 General Overview 21
3.1.1 European Union Energy efficiency targets for 2020 and 2030 22
3.1.2 Policies adopted to improve energy efficiency, among European Union 22
3.1.3 Energy efficiency progress update for European Union 23
3.1.4 Future impact of energy efficiency program in the EU 23
4. INDUSTRY PERFORMANCE 24
5. EXECUTIVE SUMMARY 26
6. MARKET OVERVIEW 28
6.1 Introduction 28
6.2 Market Dynamics 31
6.3 Market Drivers 31
6.3.1 Wave of Digitization at Accelerating Pace 31
6.3.2 Evolving Governmental Energy and Emission Policies 32
6.3.3 Growing Demand for Smart Home Energy Management System 33
6.3.4 Development of Smart Gas Metering Services 33
6.3.5 Development of Interconnectivity across Platforms and Devices 35
6.4 Market Restraints 35
6.4.1 Lack of Awareness among the Consumers & Infrastructural Concerns 35
6.4.2 Concerns Regarding Privacy and Hacking 36
6.4.3 Complex Installation and High Price of the Smart Home products 37
6.5 Opportunities 37
6.5.1 Scope for Insurance companies 37
6.5.2 Growth for Telecom Operators 37
6.5.3 Restoring Independence for Elders and Smart Health Solutions 38
6.6 Factor Analysis 39
6.6.1 Demand & Supply Side Analysis 39
6.6.2 Major Development & Investments in the Smart Home Market 40
6.6.3 Major development and new Start-ups 42
6.6.4 Top Investor in the Smart Home Market 44
6.6.5 Major Agreements and Contracts 45
7. MARKET INSIGHTS BY PRODUCT 46
7.1 General Overview 46
7.1.1 Safety and Security 47
7.1.2 Smart Appliances 48
7.1.3 Heating, Ventilating, Air Conditioning (HVAC) 50
7.1.4 Home Entertainment 52
7.1.5 Smart Lighting Systems 55
7.1.6 Smart Energy Management 57
8. SMART HOME MARKET INSIGHTS BY TECHNOLOGY 59
8.1 General Introduction 59
8.2 Wireless Smart Technology 59
8.2.1 Wi- fi Technology 61
8.2.2 Bluetooth Technology 63
8.2.3 Zigbee Technology 65
8.2.4 Z- Wave Technology 66
8.2.5 Other Wireless Technology 69
8.3 Wired Smart Technology 69
8.3.1 Ethernet Technology 71
8.3.2 Power Line Communication 72
8.3.3 Fiber to Home Technology 73
8.3.4 Other Wired Technology 75
9. SMART HOME MARKET INSIGHTS BY END-USERS 76
9.1 General Overview 76
9.2 Residential End Users 77
9.2.1 Luxury Homes 79
9.2.2 Mid-Range Apartments/Homes 81
9.2.3 Assisted Homes 82
9.2.4 Low Energy Homes 83
9.3 Commercial End Users 84
9.3.1 Smart Hotels 86
9.3.2 Smart Hospitals 88
9.3.3 Other Commercial Buildings 89
10. SMART HOME MARKET INSIGHTS BY COUNTRY 90
10.1 European Smart Home Market Insights 90
10.1.1 Europe Smart Home Market by Country 91
10.2 Germany Smart Home Market Insights 91
10.2.1 Germany Smart Home Market by Product 94
10.2.2 Germany Smart Home Market by Technology 95
10.2.3 Germany Smart Home Market by Wireless Technology 95
10.2.4 Germany Smart Home Market by Wired Technology 96
10.2.5 Germany Smart Home Market by End -Users 96
10.2.6 Germany Residential End-User Market by Type of Buildings 97
10.2.7 Germany Commercial End-User Market by Type of Buildings 97
10.3 The United Kingdom Smart Home Market Insights 98
10.3.1 UK Smart Home Market by Application 101
10.3.2 UK Smart Home Market by Technology 101
10.3.3 The UK Smart Home Market by Wireless Technology 102
10.3.4 UK Smart Home Market by Wired Technology 102
10.3.5 UK Smart Home Market by End -Users 103
10.3.6 UK Residential End-User Market by Type of Buildings 103
10.3.7 UK Commercial Smart Home Market by Type of Commercial Buildings 104
10.4 The Netherlands Smart Home Technology Market Insights 104
10.4.1 Netherlands Smart Home Market by Product 106
10.4.2 Netherlands Smart Home Market by Technology 107
10.4.3 Netherlands Smart Home Market by Wireless Technology 107
10.4.4 Netherlands Smart Home Market by Wired Technology 108
10.4.5 Netherlands Smart Home Market by End -Users 108
10.4.6 Netherlands Commercial End-User Market by Type of Buildings 109
10.4.7 Netherlands Commercial End-User Market by Type of Buildings 109
10.5 France Smart Home Technology Market Insights 110
10.5.1 France Smart Home Market by Product 112
10.5.2 France Smart Home Market by Technology 112
10.5.3 France Smart Home Market by Wireless Technology 113
10.5.4 France Smart Home Market by Wired Technology 113
10.5.5 France Smart Home Market by End -Users 114
10.5.6 France Residential End-User Market by Type of Buildings 114
10.5.7 France Commercial End-User Market by Type of Buildings 115
10.6 Norway Smart Home Market Insights 115
10.6.1 Norway Smart Home Market by Product 117
10.6.2 Norway Smart Home Market by Technology 117
10.6.3 Norway Smart Home Market by Wireless Technology 118
10.6.4 Norway Smart Home Market by Wired Technology 118
10.6.5 Norway Smart Home Market by End -Users 119
10.6.6 Norway Commercial End-User Market by Type of Buildings 119
10.6.7 Norway Commercial End-User Market by Type of Buildings 120
10.7 Switzerland Smart Home Market Insights 120
10.7.1 Switzerland Smart Home Market by Product 123
10.7.2 Switzerland Smart Home Market by Technology 123
10.7.3 Switzerland Smart Home Market by Wireless Technology 124
10.7.4 Switzerland Smart Home Market by Wired Technology 124
10.7.5 Switzerland Smart Home Market by End -Users 125
10.7.6 Switzerland Commercial End-User Market by Type of Buildings 125
10.7.7 Switzerland Commercial End-User Market by Type of Buildings 126
10.8 Denmark Smart Home Market Insights 126
10.8.1 Denmark Smart Home Market by Product 128
10.8.2 Denmark Smart Home Market, by Technology 128
10.8.3 Denmark Smart Home Market by Wireless Technology 129
10.8.4 Denmark Smart Home Market by Wired Technology 129
10.8.5 Denmark Smart Home Market by End -Users 130
10.8.6 Denmark Commercial End-User Market by Type of Buildings 130
10.8.7 Denmark Commercial End-User Market by Type of Buildings 131
10.9 Rest of Europe Smart Home Technology Market Insights 131
10.9.1 Rest of Europe Smart Home Market by Product 133
10.9.2 Rest of Europe Smart Home Market by Technology 133
10.9.3 Rest of Europe Smart Home Market by Wireless Technology 134
10.9.4 Rest of Europe Smart Home Market by Wired Technology 134
10.9.5 Rest of Europe Smart Home Market by End -Users 135
10.9.6 Rest of Europe Commercial End-User Market by Type of Buildings 135
10.9.7 Rest of Europe Commercial End-User Market by Type of Buildings 136
11. COMPETITIVE SCENARIO 137
11.1 Porter's Five forces analysis 137
11.1.1 Bargaining Power of Suppliers 138
11.1.2 Bargaining Power of Buyers 138
11.1.3 Threat of New Entrants 139
11.1.4 Threat of Substitutes 139
11.1.5 Intensity of Rivalry 140
11.2 Global Smart Home Market Share Analysis, 2018 141
11.2.1 Smart Safety & Security Market Share by Company, 2018 141
11.2.2 Smart Home Entertainment Appliances Market Share by Company, 2018 142
11.2.3 Lighting & Control System Market Share by Company, 2018 143
11.2.4 Smart Thermostats & Home Appliances Market Share by Company, 2018 144
12. COMPANY PROFILES 145
12.1 ABB Limited 145
12.1.1 Key Facts 145
12.1.2 Business Description 145
12.1.3 Key Product/Services Offerings 146
12.1.4 Growth Strategy 146
12.1.5 SWOT Analysis 146
12.1.6 Key Financials 147
12.1.6.1 Revenue Split 148
12.1.7 Recent Developments 148
12.1.7.1 Product Launch 148
12.1.7.2 Partnership 149
12.1.7.3 Business expansion and Investment 149
12.2 ASSA ABLOY 150
12.2.1 Key Facts 150
12.2.2 Business Description 150
12.2.3 Key Product/Services Offerings 151
12.2.4 Growth Strategy 151
12.2.5 SWOT Analysis 151
12.2.6 Key Financials 152
12.2.6.1 Revenue Split 153
12.2.7 Recent Developments 153
12.2.7.1 Mergers and Acquisitions 153
12.3 Cisco Systems, Inc. 155
12.3.1 Key Facts 155
12.3.2 Business Description 155
12.3.3 Key Product/Services Offerings 156
12.3.4 Growth Strategy 156
12.3.5 SWOT Analysis 157
12.3.6 Key Financials 158
12.3.6.1 Revenue Split 159
12.3.7 Recent Developments 159
12.3.7.1 Product Lunches 159
12.3.7.2 Partnerships 160
12.3.7.3 Business Expansion and Investment 161
12.3.7.4 Mergers and Acquisition 161
12.4 Deutsche Telekom AG 162
12.4.1 Key Facts 162
12.4.2 Business Description 162
12.4.3 Key Product/Services Offerings 163
12.4.4 Growth Strategy 163
12.4.5 SWOT Analysis 163
12.4.6 Key Financials 164
12.4.6.1 Revenue Split 165
12.4.7 Recent Developments 165
12.4.7.1 Product Launch 165
12.4.7.2 Partnership 167
12.4.7.3 Business Expansion and Investment 167
12.5 Emerson Electric Co. 169
12.5.1 Key Facts 169
12.5.2 Business Description 169
12.5.3 Key Product/Services Offerings 170
12.5.4 Growth Strategy 170
12.5.5 SWOT Analysis 171
12.5.6 Key Financials 172
12.5.6.1 Revenue Split 173
12.5.7 Recent Developments 173
12.5.7.1 Partnerships 173
12.5.7.2 Business Expansion and Investment 174
12.5.7.3 Merger and Acquisition 174
12.6 General Electric Company 175
12.6.1 Key Facts 175
12.6.2 Business Description 175
12.6.3 Key Product/Services Offerings 176
12.6.4 Growth Strategy 176
12.6.5 SWOT Analysis 177
12.6.6 Key Financials 178
12.6.6.1 Revenue Split 179
12.6.7 Recent Developments 179
12.6.7.1 Product Launch 179
12.7 Honeywell International Inc. 181
12.7.1 Key Facts 181
12.7.2 Business Description 181
12.7.3 Key Product/Services Offerings 182
12.7.4 Growth Strategy 183
12.7.5 SWOT Analysis 183
12.7.6 Key Financials 184
12.7.6.1 Revenue Split 185
12.7.7 Recent Developments 185
12.7.7.1 Product Launch 185
12.7.7.2 Partnership 186
12.7.7.3 Business Expansion and Investment 187
12.8 IBM Corporation 188
12.8.1 Key Facts 188
12.8.2 Business Description 188
12.8.3 Key Product/Services Offerings 188
12.8.4 Growth Strategy 189
12.8.5 SWOT Analysis 189
12.8.6 Key Financials 190
12.8.6.1 Revenue Split 191
12.8.7 Recent Developments 191
12.8.7.1 Product Launch 191
12.8.7.2 Partnership 192
12.8.7.3 Business Expansion and Investment 192
12.9 Schneider Electric S.E. 193
12.9.1 Key Facts 193
12.9.2 Business Description 193
12.9.3 Key Product/Services Offerings 194
12.9.4 Growth Strategy 194
12.9.5 SWOT Analysis 195
12.9.6 Key Financials 196
12.9.6.1 Revenue Split 197
12.9.7 Recent Developments 197
12.9.7.1 Product Launches 197
12.9.7.2 Partnerships 198
12.9.7.3 Business Expansion and Investments 198
12.10 Siemens AG 199
12.10.1 Key Facts 199
12.10.2 Business Description 199
12.10.3 Key Product/Services Offerings 199
12.10.4 Growth Strategy 200
12.10.5 SWOT Analysis 200
12.10.6 Key Financials 201
12.10.6.1 Revenue Split 202
12.10.7 Recent Developments 202
12.10.7.1 Product Launches 202
12.10.7.2 Partnerships 204
12.10.7.3 Business Development and Investment 204
12.11 United Technologies Corporation 205
12.11.1 Key Facts 205
12.11.2 Business Description 205
12.11.3 Key Product/Services Offerings 206
12.11.4 Growth Strategy 206
12.11.5 SWOT Analysis 207
12.11.6 Key Financials 208
12.11.6.1 Revenue Split 209
12.11.7 Recent Developments 209
12.11.7.1 Partnerships 209
12.11.7.2 Business Expansion and Investment 210
12.11.7.3 Merger and Acquisition 210
List of Figure
FIG. 1 Scope of the Europe Smart Home Technology Market Study 18
FIG. 2 Research Methodology for the Europe Smart Home Technology Market Study 19
FIG. 3 Energy Efficiency Directive in European Union, (2012-2027) 21
FIG. 4 Europe Home Entertainment Market Size by Country, 2018-25 (USD Million) 27
FIG. 5 Snapshot of Connected Consumer in Europe 2016, (%) 28
FIG. 6 Europe Smart Home Market Overview 29
FIG. 7 Budget Breakdown for Smart Home Installation, (%) 30
FIG. 8 Familiarity Rating with Smart Home Platforms, (%) 31
FIG. 9 Europe Connectivity Index, (%) 32
FIG. 10 Smart Electricity Meter Shipments in Europe, 2015-2022(Units, Million) 33
FIG. 11 Smart Gas Meter Shipments in Europe, 2015-2022(Units, Million) 34
FIG. 12 Smart Meter Projects in Europe, 2014 34
FIG. 13 Smart Home Products & Services Familiarity Index in Europe, 2015 (%) 35
FIG. 14 Smart Home Device Ownership, Broadband Households in Specified European Countries, 2015 (%) 36
FIG. 15 Smart Health Solution Market (2014-2020) & Ageing Population in Europe (2016, 2070), (Million, %) 38
FIG. 16 Value of Investment in Smart Home Technology, 2012-2018 (USD Million) 40
FIG. 17 Value of Investment in Smart Home Technology by Segments, 2012-2018 (USD Million) 41
FIG. 18 Number of Investment in Smart Home Technology by Segments, 2012-2018 (Units) 42
FIG. 19 Number of Start-Ups in Smart Home Technology in Europe, by Country, 2017 (Units) 44
FIG. 20 Europe Smart Home Market Share by Product, 2018 & 2025 (%) 46
FIG. 21 Europe Smart Home Market Size by Application, 2018-25 (USD Million) 47
FIG. 22 Europe Smart Safety and Security Systems Market Size by Country, 2018-25 (USD Million) 48
FIG. 23 Europe Smart Appliances Market Size by Country, 2018-25 (USD Million) 50
FIG. 24 Europe Smart Thermostats Installed Base and Year on Year Growth, By Volume, 2016-21 (Units, Million & %) 51
FIG. 25 Europe HVAC Market Size by Country, 2018-25 (USD Million) 52
FIG. 26 Global Entertainment & Media Market Size by Share of Global GDP 2017-25 (%) 53
FIG. 27 4K TV Shipment in Western and European Region by Region, 2015-2020 (Units, Thousands) 54
FIG. 28 Europe Home Entertainment Market Size by Country, 2018-25 (USD Million) 55
FIG. 29 Europe Smart Lighting Systems Market Size by Region, 2018-25 (USD Million) 56
FIG. 30 Advanced Metering Infrastructure Market Share of Major Players, 2016 (%) 57
FIG. 31 Europe Smart Energy Management Market Size by Region, 2018-25 (USD Million) 58
FIG. 32 Europe Smart Technology Market Share by Technology, 2017 & 2024 (%) 59
FIG. 33 Europe Smart Technology Market Size by Technology, 2018-25 (USD Million) 60
FIG. 34 Europe Wireless Smart Technology Market Share by Technology, 2018 & 2025 (%) 60
FIG. 35 Europe Smart Home Wireless Technology Market Size by Technology Type, 2018-25 (USD Million) 61
FIG. 36 Europe Wi-Fi Devices Shipment by Volume and Year on Year Growth, 2017-24 (Units, Billion & %) 62
FIG. 37 Europe Wi-Fi Technology Market Size by Country, 2018-25 (USD Million) 63
FIG. 38 Europe Bluetooth Devices and Bluetooth Low Energy Devices Shipment by Volume, 2017-25 (Units, Billion) 64
FIG. 39 Europe Smart Bluetooth Technology Market Size by Country, 2018-25 (USD Million) 64
FIG. 40 Europe ZigBee Chipsets Shipments by Volume and Year and Year on Growth, 2017-24 (Units, Billion, %) 65
FIG. 41 Europe ZigBee Technology Market Size by Country, 2018-25 (USD Million) 66
FIG. 42 Europe Z-Wave Technology Chipsets Shipment, By Volume, 2017-24 (Units, Billion) 67
FIG. 43 Europe Z-Wave Wireless Technology Market Size by Country, 2018-25 (USD Million) 68
FIG. 44 Europe Smart Home Other Wireless Technology Market Size by Country, 2018-25 (USD Million) 69
FIG. 45 Europe Smart Home Wired Technology Market Size by Country, 2018-25 (USD Million) 70
FIG. 46 Europe Smart Home Wired Technology Market Share by Product, 2017 & 2024 (%) 70
FIG. 47 Europe Wired Technology Market Size by Technology Type, 2018-25 (USD Million) 71
FIG. 48 Europe Ethernet Wired Technology Market Size by Country, 2018-25 (USD Million) 72
FIG. 49 Europe Power Line Communication Technology Market Size by Country, 2018-25 (USD Million) 73
FIG. 50 Europe Fiber to Home Wired Technology Market Size by Country, 2018-25 (USD Million) 74
FIG. 51 Europe Other Wired Technology Market Size by Country, 2018-25 (USD Million) 75
FIG. 52 Europe Smart Home Market Share by End User, 2018 & 2025 (%) 76
FIG. 53 Europe Smart Home Market Size by End Users, 2018-25 (USD Million) 77
FIG. 54 Europe Smart Home Residential End User Market Size by Country, 2018-25 (USD Million) 78
FIG. 55 Europe Smart Home Residential End User Market Share by Type of Buildings, 2018 & 2025 (%) 78
FIG. 56 Europe Smart Home Residential End User Market Size by Type of Buildings, 2018-25 (USD Million) 79
FIG. 57 Europe Smart Home Luxury Villas Market Size by Country, 2018-25 (USD Million) 80
FIG. 58 Europe Smart Home Luxury Apartments Market Size by Country, 2018-25 (USD Million) 80
FIG. 59 Europe Smart Home Mid-Range Apartments/Homes Market Size by Country, 2018-25 (USD Million) 81
FIG. 60 Europe Smart Home Assisted Home Market Size by Country, 2018-25 (USD Million) 83
FIG. 61 Europe Smart Home Low Energy Homes Market Size by Country, 2018-25 (USD Million) 84
FIG. 62 Europe Smart Home Commercial End Users Market Size by Country, 2018-25 (USD Million) 85
FIG. 63 Europe Smart Home Commercial End User Market Share by Type of Buildings, 2018 & 2025 (%) 86
FIG. 64 Europe Smart Home Commercial End Users Market Size by Type of Buildings, 2018-25 (USD Million) 86
FIG. 65 Europe Smart Home Hotels End Users Market Size by Country, 2018-25 (USD Million) 87
FIG. 66 Europe Smart Home Hospitals End Users Market Size by Country, 2018-25 (USD Million) 88
FIG. 67 Europe Smart Home Other Commercial Buildings End User Market Size by Country, 2018-25 (USD Million) 89
FIG. 68 Europe Smart Home Installation and Household Penetration by Volume, 2017-24 (Units, Million) 90
FIG. 69 Number of Smart homes and % change in Germany by Volume, 2015-20 (Units, Million and %) 92
FIG. 70 Germany Smartphone Users and Penetration by Volume, 2015-22 (Units, Million and %) 92
FIG. 71 Multiplicity of Vendors Trusted to Deliver Smart Home Benefits in Germany, 2016 (%) 94
FIG. 72 Germany Smart Home Market Size by Product, 2018-25 (USD Million) 94
FIG. 73 Germany Smart Home Market Size by Technology Type, 2018-25 (USD Million) 95
FIG. 74 Germany Smart Home Wireless Technology Market Size by Product Type, 2019-25 (USD Million) 95
FIG. 75 Germany Smart Home Wired Technology Market Size by Product Type, 2018-25 (USD Million) 96
FIG. 76 Germany Smart Home Market Size by End Users, 2018-25 (USD Million) 96
FIG. 77 Germany Residential Smart Home Market Size by Type of Residential Buildings, 2018-25 (USD Million) 97
FIG. 78 Germany Commercial Smart Home Market Size by Type of Commercial Buildings, 2018-25 (USD Million) 97
FIG. 79 United Kingdom Smart Home Household Penetration, 2015-2020 (Units, Million & %) 98
FIG. 80 United Kingdom Smart Home Devices Ownership, 2017 & 2018 (%) 99
FIG. 81 Appeal towards Smart Home Devices in United Kingdom, 2017- 2018 100
FIG. 82 UK Smart Home Market Size by Product, 2018-25 (USD Million) 101
FIG. 83 UK Smart Home Market Size by Technology Type, 2018-25 (USD Million) 101
FIG. 84 The UK Smart Home Wireless Technology Market Size by Product Type, 2018-25 (USD Million) 102
FIG. 85 UK Smart Home Wired Technology Market Size by Product Type, 2018-25 (USD Million) 102
FIG. 86 UK Smart Home Market Size by End Users, 2018-25 (USD Million) 103
FIG. 87 UK Residential Smart Home Market Size by Type of Residential Buildings, 2018-25 (USD Million) 103
FIG. 88 UK Commercial Smart Home Market Size by Type of Commercial Buildings, 2018-25 (USD Million) 104
FIG. 89 The Netherland Smart Home Penetration, 2019 & 2023 (%) 105
FIG. 90 Netherlands Smart Home Market Size by Product, 2018-25 (USD Million) 106
FIG. 91 Netherlands Smart Home Market Size by Technology Type, 2018-25 (USD Million) 107
FIG. 92 Netherlands Smart Home Wireless Technology Market Size by Product Type, 2018-25 (USD Million) 107
FIG. 93 Netherlands Smart Home Wired Technology Market Size, by Product Type, 2018-25 (USD Million) 108
FIG. 94 Netherlands Smart Home Market Size, by End Users, 2018-25 (USD Million) 108
FIG. 95 Netherlands Residential Smart Home Market Size by Type of Residential Buildings, 2018-25 (USD Million) 109
FIG. 96 Netherlands Commercial Smart Home Market Size by Type of Commercial Buildings, 2018-25 (USD Million) 109
FIG. 97 France Smart Home Penetration, 2015-2024, (%) 110
FIG. 98 Digital Economy Scoreboard - Europe, 2018 111
FIG. 99 France Smart Home Market Size by Product, 2018-25 (USD Million) 112
FIG. 100 France Smart Home Market Size by Technology Type, 2018-25 (USD Million) 112
FIG. 101 France Smart Home Wireless Technology Market Size by Product Type, 2018-25 (USD Million) 113
FIG. 102 France Smart Home Wired Technology Market Size by Product Type, 2018-25 (USD Million) 113
FIG. 103 France Smart Home Market Size by End Users, 2018-25 (USD Million) 114
FIG. 104 France Residential Smart Home Market Size by Type of Residential Buildings, 2018-25 (USD Million) 114
FIG. 105 France Commercial Smart Home Market Size by Type of Commercial Buildings, 2018-25 (USD Million) 115
FIG. 106 Adoption of Connected Devices in Norway, 2016 & 2017 (%) 116
FIG. 107 Norway Smart Home Market Size by Product, 2018-25 (USD Million) 117
FIG. 108 Norway Smart Home Market Size by Technology Type, 2018-25 (USD Million) 117
FIG. 109 Norway Smart Home Wireless Technology Market Size by Product Type, 2018-25 (USD Million) 118
FIG. 110 Norway Smart Home Wired Technology Market Size by Product Type, 2018-25 (USD Million) 118
FIG. 111 Norway Smart Home Market Size by End Users, 2018-25 (USD Million) 119
FIG. 112 Norway Residential Smart Home Market Size by Type of Residential Buildings, 2018-25 (USD Million) 119
FIG. 113 Norway Commercial Smart Home Market Size by Type of Commercial Buildings, 2018-25 (USD Million) 120
FIG. 114 Switzerland Smart Home Penetration by Application, 2017-25 (%) 121
FIG. 115 Switzerland Smart Home Market Size by Product, 2018-25 (USD Million) 123
FIG. 116 Switzerland Smart Home Market Size by Technology Type, 2018-25 (USD Million) 123
FIG. 117 Switzerland Smart Home Wireless Technology Market Size by Product Type, 2018-25 (USD Million) 124
FIG. 118 Switzerland Smart Home Wired Technology Market Size by Product Type, 2018-25 (USD Million) 124
FIG. 119 Switzerland Smart Home Market Size by End Users, 2018-25 (USD Million) 125
FIG. 120 Switzerland Residential Smart Home Market Size by Type of Residential Buildings, 2018-25 (USD Million) 125
FIG. 121 Switzerland Commercial Smart Home Market Size by Type of Commercial Buildings, 2018-25 (USD Million) 126
FIG. 122 Adoption of Connected Devices in Denmark, 2017 (%) 127
FIG. 123 Denmark Smart Home Market Size by Product, 2018-25 (USD Million) 128
FIG. 124 Denmark Smart Home Market Size by Technology Type, 2018-245 (USD Million) 128
FIG. 125 Denmark Smart Home Wireless Technology Market Size by Product Type, 2018-25 (USD Million) 129
FIG. 126 Denmark Smart Home Wired Technology Market Size by Product Type, 2018-25 (USD Million) 129
FIG. 127 Denmark Smart Home Market Size by End Users, 2018-25 (USD Million) 130
FIG. 128 Denmark Residential Smart Home Market Size by Type of Residential Buildings, 2018-25 (USD Million) 130
FIG. 129 Denmark Commercial Smart Home Market Size by Type of Commercial Buildings, 2018-25 (USD Million) 131
FIG. 130 Smart Home Penetration in Rest of Europe, 2019& 2023, (%) 132
FIG. 131 Rest of Europe Smart Home Market Size by Product, 2019-25 (USD Million) 133
FIG. 132 Rest of Europe Smart Home Market Size by Technology Type, 2018-25 (USD Million) 133
FIG. 133 Rest of Europe Smart Home Wireless Technology Market Size by Product Type, 2018-25 (USD Million) 134
FIG. 134 Rest of Europe Smart Home Wired Technology Market Size by Product Type, 2018-25 (USD Million) 134
FIG. 135 Rest of Europe Smart Home Market Size by End Users, 2018-25 (USD Million) 135
FIG. 136 Rest of Europe Residential Smart Home Market Size by Type of Residential Buildings, 2018-25 (USD Million) 135
FIG. 137 Rest of Europe Commercial Smart Home Market Size by Type of Commercial Buildings, 2018-25 (USD Million) 136
FIG. 138 Smart Home Market: Porter s Five Forces Analysis 137
FIG. 139 Smart Security System & Appliances Market Share by Company, 2018 141
FIG. 140 Smart Home Entertainment Appliances Market Share by Company, 2018 142
FIG. 141 Lighting & Control System Market Share by Company, 2018 143
FIG. 142 Smart Thermostats & Home Appliances Market Share by Company, 2018 144
FIG. 143 ABB Limited, SWOT Analysis 146
FIG. 144 Key Financials of ABB Ltd 147
FIG. 145 ABB Limited, Revenue Split, 2018 148
FIG. 146 ASSA ABLOY, SWOT Analysis 151
FIG. 147 Key Financials of Assa Abloy 152
FIG. 148 ASSA ABLOY, Revenue Split, 2018 153
FIG. 149 Cisco Systems, SWOT Analysis 157
FIG. 150 Key Financials of Cisco Systems Inc 158
FIG. 151 Cisco, Revenue Split, 2018 159
FIG. 152 Deutsche Telekom, SWOT Analysis 163
FIG. 153 Key Financials of Deutsche Telekom AG 164
FIG. 154 Deutsche Telekom AG, Revenue Split, 2018 165
FIG. 155 Emerson Electric Co., SWOT Analysis 171
FIG. 156 Key Financials of Emerson Electric Co 172
FIG. 157 Emerson Electric Co, Revenue Split, 2018 173
FIG. 158 General Electric, SWOT Analysis 177
FIG. 159 Key Financials of General Electric 178
FIG. 160 General Electric, Revenue Split, 2018 179
FIG. 161 Honeywell International, SWOT Analysis 183
FIG. 162 Key Financials of Honeywell International 184
FIG. 163 Honeywell International, Revenue Split, 2018 185
FIG. 164 IBM Corporation, SWOT Analysis 189
FIG. 165 Key Financials of IBM Corporation 190
FIG. 166 IBM Corporation Revenue Split, 2018 191
FIG. 167 Schneider Electric S.E., SWOT Analysis 195
FIG. 168 Key Financials of Schneider Electric 196
FIG. 169 Schneider Electric S.E., Revenue Split, 2018 197
FIG. 170 Siemens AG, SWOT Analysis 200
FIG. 171 Key Financials of Siemens AG 201
FIG. 172 Siemens AG, Revenue Split, 2018 202
FIG. 173 United Technologies, SWOT Analysis 207
FIG. 174 Key Financials of United Technologies 208
FIG. 175 United Technologies, Revenue Split, 2018 209
List of Table
TABLE 1 Competitive Landscape of Emerging Players in European Smart Home Market 42
TABLE 2 Comparison between ZigBee & Z-Wave Features 67
TABLE 3 Comparative Analysis on Wireless Technology, Z-Wave, ZigBee and Bluetooth Mesh 68
TABLE 4 Europe Smart Home Market by Country, 2018-25 (USD Million) 91
TABLE 5 Germany Energy Concept, Main Objectives 93
TABLE 6 ABB Limited Key Facts 145
TABLE 7 Product Segmentation of ABB Limited 146
TABLE 8 ABB Limited Growth Strategy 146
TABLE 9 ABB Limited Product Launch 148
TABLE 10 ABB Limited Partnership 149
TABLE 11 ABB Limited Business expansion and Investment 149
TABLE 12 ASSA ABLOY Key Facts 150
TABLE 13 Product Segmentation of ASSA ABLOY 151
TABLE 14 ASSA ABLOY Growth Strategy 151
TABLE 15 ASSA ABLOY Mergers and Acquisitions 153
TABLE 16 Cisco Systems, Inc. Key Facts 155
TABLE 17 Product Segmentation of Cisco Systems 156
TABLE 18 Cisco Systems Growth Strategy 156
TABLE 19 Cisco Product Launches 159
TABLE 20 Cisco Partnerships 160
TABLE 21 Cisco Business Expansion and Investments 161
TABLE 22 Cisco Mergers and Acquisition 161
TABLE 23 Deutsche Telekom AG Key Facts 162
TABLE 24 Product Segmentation of Deutsche Telekom AG 163
TABLE 25 Deutsche Telekom AG Growth Strategy 163
TABLE 26 Deutsche Telekom AG Product Launch 165
TABLE 27 Deutsche Telekom AG Partnership 167
TABLE 28 Deutsche Telekom AG Business Expansion and Investment 167
TABLE 29 TABLE 1 Emerson Electric Co. Key Facts 169
TABLE 30 Product Segmentation of Emerson Electric Co. 170
TABLE 31 Emerson Electric Co. Growth Strategy 170
TABLE 32 Emerson Electric Co. Partnerships 173
TABLE 33 Emerson Electric Co. Business Expansion and Investment 174
TABLE 34 Emerson Electric Co. Merger and Acquisition 174
TABLE 35 General Electric Company Key Facts 175
TABLE 36 Product Segmentation of General Electric 176
TABLE 37 General Electric Growth Strategy 176
TABLE 38 General Electric Product Launch 179
TABLE 39 Honeywell International Key Facts 181
TABLE 40 Product Segmentation of Honeywell International 182
TABLE 41 Honeywell International, Growth Strategy 183
TABLE 42 Honeywell Product Launch 185
TABLE 43 Honeywell Partnership 186
TABLE 44 Honeywell Business Expansion and Investment 187
TABLE 45 IBM Corporation Key Facts 188
TABLE 46 Product Segmentation of IBM Corporation 188
TABLE 47 IBM Corporation Growth Strategy 189
TABLE 48 IBM Product Launch 191
TABLE 49 IBM Partnership 192
TABLE 50 IBM Business Expansion and Investment 192
TABLE 51 Schneider Electric S.E. Key Facts 193
TABLE 52 Product Segmentation of Schneider Electric S.E. 194
TABLE 53 Schneider Electric S.E. Growth Strategy 194
TABLE 54 Schneider Electric Product Launches 197
TABLE 55 Schneider Electric Partnerships 198
TABLE 56 Schneider Electric Business Expansion and Investments 198
TABLE 57 Siemens AG Key Facts 199
TABLE 58 Product Segmentation of Siemens AG 199
TABLE 59 Siemens AG Growth Strategy 200
TABLE 60 Seimens AG Product Launches 202
TABLE 61 Seimens AG Partnerships 204
TABLE 62 Seimens AG Business Development and Investment 204
TABLE 63 United Technologies Key Facts 205
TABLE 64 Product Segmentation of United Technologies 206
TABLE 65 United Technologies Growth Strategy 206
TABLE 66 United Technologies Partnerships 209
TABLE 67 United Technologies Business Expansion and Investment 210
TABLE 68 United Technologies Merger and Acquisition 210
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