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Home»Press Release»Focus on Cost Savings, Comfort, and Security will Enhance Future Growth Potential
Press Release

Focus on Cost Savings, Comfort, and Security will Enhance Future Growth Potential

PR NewsWireBy PR NewsWireMarch 16, 2023No Comments3 Mins Read
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DUBLIN, March 15, 2023 /PRNewswire/ — The “Post-pandemic Trends and Growth Opportunities in the Smart Homes Market” report has been added to  ResearchAndMarkets.com’s offering.


This research study provides a post-pandemic trend analysis of the smart homes market, highlighting information on the growth of connected devices, regional trends, consumer preferences, and other key indicators. Smart and connected homes have an evolving, dynamic market poised for strong growth in the next 5 years. The primary drivers of this market are the demand for safety, security, and comfort; the need for better energy and cost savings; growing adoption of technology-enabled products and high-speed Internet connectivity; and a shift towards innovative business models.

The study categorizes the smart home market into 5 key segments: home energy management, home automation and control, home safety and security, home entertainment, and health and wellness. This research service explores the top growth zones in the smart homes market, analyzing key drivers and restraints that influence market growth and the trends impacting market dynamics, including key regional trends related to the semiconductor ecosystem. The study also identifies the key growth opportunities and strategic imperatives for market participants. The base year is 2022, and the forecast period is 2023 to 2027.

Key Topics Covered:

1 Strategic Imperatives

  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative 8T
  • The Impact of the Top 3 Strategic Imperatives on the Smart Homes Market
  • Growth Opportunities Fuel the Growth Pipeline EngineT

2 Growth Opportunity Analysis

  • Scope of Analysis
  • Growth Drivers
  • Growth Restraints
  • Average Number of Connected Devices Per Home
  • Growth in Average Number of Connected Devices Per Home

3 Top Trends

  • Top Trends in the Smart Homes Market
  • Trend 1: AI-powered Voice Assistants Enhance Consumer Convenience and Engaging with Smart Home Appliances
  • Trend 2: Matter – A Game-changing Standard for the Smart Home Ecosystem
  • Trend 3: Consumers Accelerate Investments in Digital Health and Fitness Products
  • Trend 4: Soaring Retail Energy Prices and Changing Customer Expectations Augment the Deployment of Home Energy Personalization Services
  • Trend 5: Increasing Number of Connected Devices and Networks Require Sophisticated Customer Experience Platforms
  • Trend 6: Growing Cyber Threat Concerns Lead to Demands for Next-gen Cyber Security Solutions from Communication Service Providers
  • Trend 7: Expanding AI Capabilities in Home Security Systems Accelerate the Growth of Autonomous Home Awareness Systems
  • Trend 8: Subscription Service Models Crucial for Further Penetration of Mid-to-high-end Smart Home Solutions

4 Key Regional Trends

  • India to Ease Global Semiconductor Supply Chain Pressure in the Long Term
  • US CHIPS and Science Act to Spur Semiconductor Manufacturing and Bring Down Costs of Consumer Electronics

5 Growth Opportunity Universe

  • Growth Opportunity 1: Flexible Payment Models
  • Growth Opportunity 2: Matter-certified Products
  • Growth Opportunity 3: Decarbonization Strategies
  • List of Exhibits
  • Legal Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/kbwwqo

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
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Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets

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PR NewsWire

PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years.

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