Summary

The European smart home market was valued at USD 22.11 billion in 2024 and is projected to reach USD 29.24 billion by 2029; it is expected to register a CAGR of 5.7% during the forecast period. Concerns about safety, security, and convenience among general population is driving the growth of the European smart home market. Whereas the switching cost of the present smart home devices is restraining the growth of the European smart home market.

“The lighting control segment is expected to grow at the second highest CAGR during the forecast period.”
The lighting control segment is projected to grow at the second highest CAGR during the forecast. A smart lighting control system is an automated device that allows the control of lighting in a residential building through acquiring information from the input devices and transmitting it through one or more central computation devices which transform the received information into signals to the output devices.
Smart home lighting controls can allow a lighting system to perform checks on occupancy as well as natural lighting in an area. It can detect these factors and, therefore, it can regulate its illumination with regard to the amount of natural light, or switch off if the room is empty. Lighting control is a foundation of lighting for energy conservation.


The behavioral system type is likely to grow at the second higher CAGR during the forecast period
The behavioral system type is expected to grow at second higher CAGR during the forecast period. The behavioral system type applies Al and machine learning algorithms to study from the behaviors of persons in a smart house. It activates and controls routines and preferences of the home and implements them using data acquired from the sensors, cameras and other smart devices. The behavioral system type aims to offer consumers a tailored and comfort approach where various processes are conducted based on the occupant response.



“Germany is likely to grow at the second highest CAGR during the forecast period.”
The market in Germany is expected to witness the second highest CAGR during the forecast period. The growth in the country is attributed to the initiatives undertaken by the government to adopt smart solutions thereby enhancing building sustainability. For instance, in Germany, the smart home is promoted through Next Generation Media Programme supported by the Federal Ministry for Economic Affairs and Climate Action (BMWK). Smart home technologies are considered as one of the pathways to enhance the quality of life and energy efficiency thus contributing to general objectives of the Digital Agenda for Germany. Implementing smart home projects with the assistance of Next Generation Media Programme, there is quite integrated approach to foster digital communications networks and services across many industries.


Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

• By Company Type - Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20%
• By Designation— C-level Executives - 40%, Directors - 30%, Others - 30%

The European smart home market is dominated by a few globally established players such as Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden), Amazon.com, Inc. (US), Apple Inc. (US), Resideo Technologies Inc. (US), Robert Bosch (Germany), ABB (Switzerland). The study includes an in-depth competitive analysis of these key players in the European smart home market, with their company profiles, recent developments, and key market strategies.

Research Coverage:
The report segments the European smart home market and forecasts its size by product, system type, sales channel, protocol, residence type, installation type, country. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across a main region—Europe. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the smart home ecosystem.

Key Benefits to Buy the Report:
• Analysis of key drivers (Rising need for energy saving and low carbon emission-oriented solutions, Ongoing proliferation of smartphones and smart gadgets are driving need for them). Restraint (High switching cost for existing smart device consumers, More convenience driven market than being necessity driven market, High up front cost, Complexity and glitches in setting up of smart homes), Opportunity (Favorable government regulations, Expected incorporation of lighting controllers with inbuild data connectivity technology, Use of Smart Home product for geriatric applications), Challenges (Linking disparate systems, limited functionalities, and lack of open standards, Cybersecurity concerns of smart homes, Retrofitting existing homes, Compatibility Issues of smart home products)
• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the European smart home market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the European smart home market across varied countries.
• Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the European smart home market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and system types of leading players like Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden), Amazon.com, Inc. (US), Apple Inc. (US), Resideo Technologies Inc. (US), Robert Bosch (Germany), ABB (Switzerland) among others in the European smart home market.

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Table of Contents

1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 27
1.3 STUDY SCOPE 28
1.3.1 MARKETS COVERED 28
1.3.2 YEARS CONSIDERED 29
1.3.3 INCLUSIONS AND EXCLUSIONS 29
1.4 CURRENCY CONSIDERED 30
1.5 UNIT CONSIDERED 30
1.6 LIMITATIONS 30
1.7 STAKEHOLDERS 30
1.8 SUMMARY OF CHANGES 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
2.1.1 SECONDARY AND PRIMARY RESEARCH 34
2.1.2 SECONDARY DATA 34
2.1.2.1 List of key secondary sources 35
2.1.2.2 Key data from secondary sources 35
2.1.3 PRIMARY DATA 35
2.1.3.1 Breakdown of primaries 36
2.1.3.2 List of primary interview participants 36
2.1.3.3 Key data from primary sources 37
2.1.3.4 Key industry insights 37
2.2 FACTOR ANALYSIS 38
2.2.1 SUPPLY-SIDE ANALYSIS 38
2.2.2 DEMAND-SIDE ANALYSIS 39
2.2.3 GROWTH FORECAST ASSUMPTIONS 39
2.3 MARKET SIZE ESTIMATION METHODOLOGY 40
2.3.1 BOTTOM-UP APPROACH 40
2.3.1.1 Approach to arrive at market size using bottom-up analysis
(demand side) 40
2.3.2 TOP-DOWN APPROACH 41
2.3.2.1 Approach to arrive at market size using top-down analysis
(supply side) 42
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 43
2.5 RESEARCH ASSUMPTIONS 44
2.6 RESEARCH LIMITATIONS 44
2.7 RISK ASSESSMENT 45
3 EXECUTIVE SUMMARY 46
4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN
EUROPEAN SMART HOME MARKET 49
4.2 HVAC CONTROLS: EUROPEAN SMART HOME MARKET, BY TYPE 50
4.3 SECURITY & ACCESS CONTROLS: EUROPEAN SMART HOME MARKET 50
4.4 SMART KITCHEN: EUROPEAN SMART HOME MARKET 51
4.5 HOME APPLIANCES: EUROPEAN SMART HOME MARKET 51
4.6 EUROPEAN SMART HOME MARKET, BY COUNTRY 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
5.2.1 DRIVERS 54
5.2.1.1 Rising need for energy-saving and low-carbon emission-oriented solutions 54
5.2.1.2 Proliferation of smartphones and smart gadgets 55
5.2.1.3 Growing adoption of DIY home monitoring systems 55
5.2.1.4 Rising safety concerns due to urbanization and globalization 56
5.2.2 RESTRAINTS 57
5.2.2.1 Expenses associated with smart gadgets 57
5.2.2.2 High cost of ownership of home automation systems 58
5.2.2.3 Complexities in installing smart home devices 58
5.2.3 OPPORTUNITIES 58
5.2.3.1 Implementation of energy efficiency measures 59
5.2.3.2 Rising adoption of smart lighting systems 59
5.2.3.3 Development of ambient assistant living-friendly solutions 59
5.2.4 CHALLENGES 60
5.2.4.1 Lack of developments in common standards and communication protocols 60
5.2.4.2 Prone to hacking 61
5.2.4.3 Retrofitting existing homes 61
5.2.4.4 Fragmentation of smart home industry 62
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 62
5.4 PRICING ANALYSIS 63
5.4.1 AVERAGE SELLING PRICE TREND OF SMART LOCKS, BY KEY PLAYER, 2019–2023 63
5.4.2 AVERAGE SELLING PRICE TREND OF SMART HOMES, BY PRODUCT, 2020–2023 64
5.4.3 AVERAGE SELLING PRICE TREND OF LIGHTING CONTROL PRODUCTS, BY COUNTRY, 2020–2023 65
 
5.5 VALUE CHAIN ANALYSIS 65
5.6 ECOSYSTEM ANALYSIS 68
5.7 INVESTMENT AND FUNDING SCENARIO 69
5.8 TECHNOLOGY ANALYSIS 70
5.8.1 KEY TECHNOLOGIES 70
5.8.1.1 Voice assistants 70
5.8.2 COMPLEMENTARY TECHNOLOGIES 70
5.8.2.1 Big data analytics 70
5.8.3 ADJACENT TECHNOLOGIES 71
5.8.3.1 Biometric authentication 71
5.8.3.2 AR and VR 71
5.9 PATENT ANALYSIS 72
5.10 TRADE ANALYSIS 75
5.10.1 IMPORT DATA (HS CODE 8517) 75
5.10.2 EXPORT DATA (HS CODE 8517) 77
5.11 KEY CONFERENCES AND EVENTS, 2024–2025 78
5.12 CASE STUDY ANALYSIS 79
5.12.1 ASSA ABLOY'S REMOTE ACCESS DELEGATION REVOLUTIONIZES EMERGENCY SERVICES GLOBALLY 79
5.12.2 JOHNSON CONTROLS' COOLING SOLUTION ENABLES FISERV TO OVERCOME MAINTENANCE ISSUES AND SAVE ENERGY 79
5.12.3 FUNCTION CONTROL LTD OFFERS HOMEOWNERS IN SCOTLAND INTEGRATED SMART HOME SOLUTIONS FOR SEAMLESS USER EXPERIENCES 80
5.12.4 LEGRAND'S SMART HOME SOLUTION TRANSFORMS UNIQUE PROPERTY INTO AUTOMATED LIVING SPACE 80
5.13 TARIFF AND REGULATORY LANDSCAPE 81
5.13.1 TARIFF ANALYSIS (HS CODE 8517) 81
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
5.13.3 STANDARDS 83
5.14 PORTER'S FIVE FORCES ANALYSIS 85
5.14.1 INTENSITY OF COMPETITIVE RIVALRY 86
5.14.2 BARGAINING POWER OF SUPPLIERS 86
5.14.3 BARGAINING POWER OF BUYERS 87
5.14.4 THREAT OF SUBSTITUTES 87
5.14.5 THREAT OF NEW ENTRANTS 87
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 88
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 88
5.15.2 BUYING CRITERIA 89
5.16 IMPACT OF AI/GENERATIVE AI ON EUROPEAN SMART HOME MARKET 90
 
6 EUROPEAN SMART HOME MARKET, BY PROTOCOL 91
6.1 INTRODUCTION 92
6.2 WIRED 93
6.2.1 INCREASING IMPLEMENTATION IN HIGH-BANDWIDTH APPLICATIONS TO DRIVE MARKET 93
6.2.2 DALI 93
6.2.3 NEMA 94
6.2.4 KNX 94
6.2.5 DMX 95
6.2.6 LONWORKS 95
6.2.7 ETHERNET 96
6.2.8 MODBUS 96
6.2.9 BACNET 97
6.2.10 BLACK BOX 97
6.2.11 PLC 97
6.3 WIRELESS 98
6.3.1 RISING DEMAND FOR SECURED AND HIGH-SPEED SOLUTIONS TO FOSTER MARKET GROWTH 98
6.3.2 ZIGBEE 99
6.3.3 Z-WAVE 100
6.3.4 WI-FI 100
6.3.5 BLUETOOTH 100
6.3.6 ENOCEAN 101
6.3.7 THREAD 101
6.3.8 INFRARED 102
6.3.9 MQTT 102
7 EUROPEAN SMART HOME MARKET, BY SALES CHANNEL 103
7.1 INTRODUCTION 104
7.2 DIRECT SALES 105
7.2.1 GROWING DEMAND FOR PERSONALIZED SMART SOLUTIONS TO FOSTER MARKET GROWTH 105
7.3 INDIRECT SALES 105
7.3.1 RISING ADOPTION OF E-COMMERCE PLATFORMS TO DRIVE MARKET 105
8 EUROPEAN SMART HOME MARKET, BY PRODUCT 106
8.1 INTRODUCTION 107
8.2 LIGHTING CONTROLS 110
8.2.1 RELAYS 112
8.2.1.1 Rising adoption of IoT-enabled appliances and systems to support market growth 112
 
8.2.2 OCCUPANCY SENSORS 113
8.2.2.1 Growing need to minimize energy consumption and improve usability and control to foster market growth 113
8.2.3 DAYLIGHT SENSORS 114
8.2.3.1 Pressing need for efficient electricity usage to fuel market growth 114
8.2.4 TIMERS 115
8.2.4.1 Increasing use in indoor and outdoor lighting, heat lamps, and hot tubs to foster market growth 115
8.2.5 DIMMERS 116
8.2.5.1 Ability to increase operational lifespan of lamps to drive market 116
8.2.6 SWITCHES 117
8.2.6.1 Growing need to reduce cabling costs to fuel market growth 117
8.2.7 ACCESSORIES & OTHER PRODUCTS 118
8.3 SECURITY & ACCESS CONTROLS 119
8.3.1 VIDEO SURVEILLANCE 121
8.3.1.1 Rising emphasis on developing digital systems to foster market growth 121
8.3.2 ACCESS CONTROL 122
8.3.2.1 Increasing need to enhance security to accelerate demand 122
8.3.2.1.1 Hardware 123
8.3.2.1.1.1 Card-based readers 123
8.3.2.1.1.2 Multi-technology readers 123
8.3.2.1.1.3 Smart locks 124
8.3.2.1.1.4 Controllers 124
8.3.2.1.1.5 Biometric readers 124
8.3.2.1.2 Software 125
8.3.2.1.3 Services 125
8.4 HVAC CONTROLS 125
8.4.1 SMART THERMOSTATS 127
8.4.1.1 Ability to learn and adapt to behavior of end users to drive market 127
8.4.2 SENSORS 128
8.4.2.1 Rising need to facilitate ventilation for indoor air quality and temperature to fuel demand 128
8.4.3 CONTROL VALVES 129
8.4.3.1 Rising need to regulate flow of fluids to foster market growth 129
8.4.4 HEATING & COOLING COILS 130
8.4.4.1 Rising emphasis on achieving sustainable goals to fuel market growth 130
8.4.5 DAMPERS 131
8.4.5.1 Increasing need to regulate airflow inside air handling equipment to foster market growth 131
8.4.6 ACTUATORS 132
8.4.6.1 Rising application for controlling dampers and valves in HVAC systems to accelerate demand 132
8.4.7 PUMPS & FANS 133
8.4.7.1 Integration of IoT-enabled pumps and fans to offer lucrative growth opportunities 133
8.4.8 SMART VENTS 134
8.4.8.1 Rising demand for easy-to-install equipment to foster market growth 134
8.5 ENTERTAINMENT & OTHER CONTROLS 135
8.5.1 ENTERTAINMENT CONTROLS 137
8.5.1.1 Audio & volume controls 139
8.5.1.1.1 Ongoing technological advancements to offer lucrative growth opportunities 139
8.5.1.2 Home theater system controls 140
8.5.1.2.1 Increasing demand to eliminate wire installations to foster segmental growth 140
8.5.1.3 Touchscreens & keypads 141
8.5.1.3.1 Rising demand for customized devices to fuel market growth 141
8.5.2 OTHER CONTROLS 142
8.5.2.1 Smart meters 144
8.5.2.1.1 Increasing awareness about environmental issues to foster market growth 144
8.5.2.2 Smart plugs 145
8.5.2.2.1 Growing need for efficient management of energy usage to offer lucrative growth opportunities 145
8.5.2.3 Smart hubs 146
8.5.2.3.1 Rising applications of unifying connected gadgets in smart homes to drive market 146
8.5.2.4 Smoke detectors 147
8.5.2.4.1 Stringent fire safety regulations to accelerate demand 147
8.6 SMART SPEAKERS 148
8.6.1 ABILITY TO REGULATE SMART DEVICES THROUGH USER VOICE CONTROL TO DRIVE MARKET 148
8.7 HOME HEALTHCARE APPLIANCES 150
8.7.1 HEALTH STATUS MONITORS 152
8.7.1.1 Growing emphasis on preventive healthcare to boost demand 152
8.7.1.2 Fitness and heart rate monitors 153
8.7.1.3 Blood pressure monitors 153
8.7.1.4 Blood glucose meters 153
8.7.1.5 Continuous glucose monitors 153
8.7.1.6 Pulse oximeters 154
8.7.1.7 Fall detectors 154
8.7.2 PHYSICAL ACTIVITY MONITORS 154
8.7.2.1 Increasing significance of physical activity and overall health to drive market 154
 
8.8 SMART KITCHEN APPLIANCES 155
8.8.1 SMART REFRIGERATORS 157
8.8.1.1 Advent of Wi-Fi-enabled touchscreen refrigerators to offer lucrative market growth 157
8.8.2 SMART COFFEE MAKERS 158
8.8.2.1 Increasing demand for Bluetooth-enabled coffee makers to fuel market growth 158
8.8.3 SMART KETTLES 159
8.8.3.1 Rising demand for Wi–Fi kettles to segmental growth 159
8.8.4 SMART DISHWASHERS 160
8.8.4.1 Ability to provide real-time information on energy consumption and energy efficiency to boost demand 160
8.8.5 SMART OVENS 161
8.8.5.1 Ability to control cooking time and temperature remotely to accelerate demand 161
8.8.6 SMART COOKTOPS 162
8.8.6.1 Rising consumer preference for convenience and time-saving solutions to spur demand 162
8.8.7 SMART COOKERS 163
8.8.7.1 Ability to adjust temperature remotely to accelerate demand 163
8.9 HOME APPLIANCES 164
8.9.1 SMART WASHERS 165
8.9.1.1 Increasing demand for smart stats, smart assistants, and smart dispensers to fuel market growth 165
8.9.2 SMART DRYERS 166
8.9.2.1 Advent of smart alert systems to offer lucrative growth opportunities 166
8.9.3 SMART WATER HEATERS 167
8.9.3.1 Surging demand for cost -and energy-efficient devices to drive market 167
8.9.4 SMART VACUUM CLEANERS 168
8.9.4.1 Rising integration of cameras and microphones into smart vacuum cleaners to offer lucrative growth opportunities 168
8.10 SMART FURNITURE 169
8.10.1 SMART TABLES 171
8.10.1.1 Ability to offer easy online access to users to drive market 171
8.10.2 SMART DESKS 172
8.10.2.1 Growing need to tackle backaches and eye strains to fuel market growth 172
8.10.3 SMART STOOLS & BENCHES 173
8.10.3.1 Rising demand for user-friendly environments to fuel market growth 173
8.10.4 SMART SOFAS 174
8.10.4.1 Ability to interact with different smart devices at home to foster market growth 174
 
8.10.5 SMART CHAIRS 175
8.10.5.1 Ability to monitor sitting posture accurately and non-invasively to foster market growth 175
9 EUROPEAN SMART HOME MARKET, BY SYSTEM TYPE 176
9.1 INTRODUCTION 177
9.2 BEHAVIORAL 178
9.2.1 INCREASING CONNECTIVITY BETWEEN MACHINE-TO-MACHINE SOLUTIONS AND IOT TO FOSTER MARKET GROWTH 178
9.3 PROACTIVE 179
9.3.1 EFFICIENT TRANSMISSION OF ENERGY CONSUMPTION DATA TO END USERS TO FUEL MARKET GROWTH 179
10 EUROPEAN SMART HOME MARKET, BY INSTALLATION TYPE 180
10.1 INTRODUCTION 181
10.2 NEW INSTALLATIONS 182
10.2.1 SUITABILITY FOR OUTDOOR ENVIRONMENTS TO FOSTER MARKET GROWTH 182
10.3 RETROFIT INSTALLATIONS 182
10.3.1 RISING NEED TO DECREASE HEAT EMISSIONS AND LOWER ENERGY USAGE TO DRIVE MARKET 182
11 EUROPEAN SMART HOME MARKET, BY RESIDENCE TYPE 183
11.1 INTRODUCTION 184
11.2 SINGLE-FAMILY RESIDENCE 185
11.2.1 RISING EMPHASIS ON REDUCING CARBON FOOTPRINTS TO DRIVE MARKET 185
11.3 MULTI-FAMILY RESIDENCE 185
11.3.1 ENHANCED OWNER EXPERIENCE TO FUEL MARKET GROWTH 185
12 EUROPEAN SMART HOME MARKET, BY COUNTRY 187
12.1 INTRODUCTION 188
12.2 MACROECONOMIC OUTLOOK FOR EUROPE 188
12.3 UK 190
12.3.1 MANDATORY COMPLIANCE WITH BUILDING SAFETY REGULATIONS TO FUEL MARKET GROWTH 190
12.4 GERMANY 192
12.4.1 ADOPTION OF ZERO-ENERGY SYSTEMS AND DEVELOPMENT OF SMART CITIES TO DRIVE MARKET 192
12.5 FRANCE 194
12.5.1 RISING INSTALLATION OF SECURITY SYSTEMS IN CONVENTIONAL BUILDINGS TO OFFER LUCRATIVE GROWTH OPPORTUNITIES 194
12.6 ITALY 195
12.6.1 GOVERNMENT-LED INITIATIVES TO PROMOTE IMPROVED DESIGNS AND MANAGEMENT OF LIGHTING SYSTEMS TO FUEL MARKET GROWTH 195
12.7 REST OF EUROPE 197
13 COMPETITIVE LANDSCAPE 199
13.1 OVERVIEW 199
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 199
13.3 MARKET SHARE ANALYSIS, 2023 202
13.4 REVENUE ANALYSIS, 2019–2023 203
13.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024 204
13.6 BRAND COMPARISON 205
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 206
13.7.1 STARS 206
13.7.2 EMERGING LEADERS 206
13.7.3 PERVASIVE PLAYERS 206
13.7.4 PARTICIPANTS 206
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 208
13.7.5.1 Company footprint 208
13.7.5.2 Country footprint 209
13.7.5.3 Product footprint 210
13.7.5.4 System type footprint 211
13.7.5.5 Sales channel footprint 212
13.7.5.6 Installation type footprint 213
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 214
13.8.1 PROGRESSIVE COMPANIES 214
13.8.2 RESPONSIVE COMPANIES 214
13.8.3 DYNAMIC COMPANIES 214
13.8.4 STARTING BLOCKS 214
13.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 216
13.8.5.1 Detailed list of key startups/SMEs 216
13.8.5.2 Competitive benchmarking of key startups/SMEs 216
13.9 COMPETITIVE SCENARIOS 217
13.9.1 PRODUCT LAUNCHES/DEVELOPMENTS 217
13.9.2 DEALS 218
13.9.3 OTHER DEVELOPMENTS 219
14 COMPANY PROFILES 220
14.1 KEY PLAYERS 220
14.1.1 JOHNSON CONTROLS 220
14.1.1.1 Business overview 220
14.1.1.2 Products/Solutions/Services offered 221
14.1.1.3 Recent developments 223
14.1.1.3.1 Product launches/Developments 223
14.1.1.3.2 Deals 223
 
14.1.1.4 MnM view 224
14.1.1.4.1 Key strengths/Right to win 224
14.1.1.4.2 Strategic choices 224
14.1.1.4.3 Weaknesses/Competitive threats 224
14.1.2 SCHNEIDER ELECTRIC 225
14.1.2.1 Business overview 225
14.1.2.2 Products/Solutions/Services offered 226
14.1.2.3 Recent developments 227
14.1.2.3.1 Product launches/Developments 227
14.1.2.3.2 Deals 228
14.1.2.4 MnM view 229
14.1.2.4.1 Key strengths/Right to win 229
14.1.2.4.2 Strategic choices 230
14.1.2.4.3 Weaknesses/Competitive threats 230
14.1.3 HONEYWELL INTERNATIONAL INC. 231
14.1.3.1 Business overview 231
14.1.3.2 Products/Solutions/Services offered 232
14.1.3.3 Recent developments 233
14.1.3.3.1 Product launches/Developments 233
14.1.3.3.2 Deals 234
14.1.3.4 MnM view 236
14.1.3.4.1 Key strengths/Right to win 236
14.1.3.4.2 Strategic choices 236
14.1.3.4.3 Weaknesses/Competitive threats 236
14.1.4 ASSA ABLOY 237
14.1.4.1 Business overview 237
14.1.4.2 Products/Solutions/Services offered 238
14.1.4.3 Recent developments 240
14.1.4.3.1 Product launches/Developments 240
14.1.4.3.2 Deals 240
14.1.4.4 MnM view 243
14.1.4.4.1 Key strengths/Right to win 243
14.1.4.4.2 Strategic choices 243
14.1.4.4.3 Weaknesses/Competitive threats 243
14.1.5 SIEMENS 244
14.1.5.1 Business overview 244
14.1.5.2 Products/Solutions/Services offered 245
14.1.5.3 Recent developments 246
14.1.5.3.1 Product launches/Developments 246
14.1.5.3.2 Deals 249
14.1.5.3.3 Other developments 251
 
14.1.5.4 MnM view 251
14.1.5.4.1 Key strengths/Right to win 251
14.1.5.4.2 Strategic choices 252
14.1.5.4.3 Weaknesses/Competitive threats 252
14.1.6 AMAZON.COM, INC. 253
14.1.6.1 Business overview 253
14.1.6.2 Products/Solutions/Services offered 254
14.1.6.3 Recent developments 255
14.1.6.3.1 Product launches/Developments 255
14.1.6.3.2 Deals 257
14.1.7 APPLE INC. 259
14.1.7.1 Business overview 259
14.1.7.2 Products/Solutions/Services offered 260
14.1.7.3 Recent developments 261
14.1.7.3.1 Product launches/Developments 261
14.1.7.3.2 Deals 262
14.1.8 RESIDEO TECHNOLOGIES INC. 263
14.1.8.1 Business overview 263
14.1.8.2 Products/Solutions/Services offered 264
14.1.8.3 Recent developments 266
14.1.8.3.1 Product launches/Developments 266
14.1.8.3.2 Deals 267
14.1.8.3.3 Other developments 269
14.1.9 ROBERT BOSCH GMBH 270
14.1.9.1 Business overview 270
14.1.9.2 Products/Solutions/Services offered 271
14.1.9.3 Recent developments 272
14.1.9.3.1 Product launches/Developments 272
14.1.9.3.2 Deals 274
14.1.10 ABB 275
14.1.10.1 Business overview 275
14.1.10.2 Products/Solutions/Services offered 276
14.1.10.3 Recent developments 278
14.1.10.3.1 Product launches/Developments 278
14.1.10.3.2 Deals 278
14.2 OTHER PLAYERS 279
14.2.1 SAMSUNG 279
14.2.2 SONY CORPORATION 280
14.2.3 TRANE TECHNOLOGIES PLC 281
14.2.4 GIRA 281
14.2.5 AIRTHINGS 282
14.2.6 LOXONE ELECTRONICS GMBH 282
14.2.7 DELTA INTELLIGENT BUILDING TECHNOLOGIES (CANADA) INC. 283
14.2.8 SNAP ONE, LLC. 284
14.2.9 AXIS COMMUNICATIONS AB 285
14.2.10 COMCAST 286
14.2.11 ALARM.COM 287
14.2.12 VIVINT, INC. 288
14.2.13 SIMPLISAFE, INC. 289
14.2.14 GENERAL ELECTRIC COMPANY 290
14.2.15 NUKI HOME SOLUTIONS 291
14.2.16 LG ELECTRONICS 292
14.2.17 LUTRON ELECTRONICS CO., INC 293
14.2.18 LEGRAND 294
15 APPENDIX 295
15.1 INSIGHTS FROM INDUSTRY EXPERTS 295
15.2 DISCUSSION GUIDE 296
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 299
15.4 CUSTOMIZATION OPTIONS 301
15.5 RELATED REPORTS 301
15.6 AUTHOR DETAILS 302