Technology & Media
Smart Home M2M
Smart Home M2M
Smart Home M2M
Global Smart Home M2M Market to Reach $26.1 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Smart Home M2M estimated at US$10 Billion in the year 2022, is projected to reach a revised size of US$26.1 Billion by 2030, growing at aCAGR of 12.8% over the period 2022-2030. Access & Security Control, one of the segments analyzed in the report, is projected to record 12.4% CAGR and reach US$4.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Energy & Climate Management segment is readjusted to a revised 14.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 12.2% CAGR
The Smart Home M2M market in the U.S. is estimated at US$3 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 12.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.1% and 10.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.Select Competitors (Total 32 Featured) - ABB GroupAT&T, Inc.British GasChina Mobile Ltd.China Telecom Corporation Ltd.China Unicom (Hong Kong) Ltd.Cisco Systems, Inc.Comcast CorporationControl4 CorporationCrestron Electronics, Inc.Deutsche Telekom AGElectrolux ABEmerson Electric Co.Gemalto NVGoogle, Inc.Haier GroupHoneywell International, Inc.Ingersoll-Rand PLCIntel CorporationKORE Wireless Group, Inc.Legrand SALG Electronics, Inc.Lutron Electronics Co., Inc.Netgear, Inc.Panasonic CorporationRobert Bosch GmbHSamsung Electronics Co., Ltd.Schneider Electric SASiemens AGSierra Wireless, Inc.Sprint CorporationSystech CorporationTelefonica SATelit Communications PLCThroughTek Co., Ltd.Vodafone Group PLCZoho Corporation (WebNMS)Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.
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