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Europe and North America Smart Homes and Home Automation Market Report 2023: Sector to Reach $145 1 Billion by 2027 at a 12% CAGR

Europe and North America Smart Homes and Home Automation

Europe and North America Smart Homes and Home Automation Market Report 2022 Featuring Vendors for Networks and Communications Technology, Technology Providers and OEMs, & Service and Whole-Home System

Modern Telematics Solutions Market Future Scope including key players Robert Bosch, Qualcomm Technologies, Continental – KSU

North America and Europe Smart Homes and Home Automation Report 2021-2024: Compatibility, Product OEMs, New Entrants, Point Solutions

Share this article Share this article ResearchAndMarkets.com s offering. 179 Million Homes in Europe and North America Will Be Smart by 2024 Smart home and home automation systems include a wide range of solutions for controlling, monitoring and automating functions in the home. Smart home systems can be grouped into seven primary categories: security and access control systems; energy management and climate control systems; audio-visual and entertainment systems; lighting and window control systems; healthcare and independent living systems; home appliances and service robotics. The North American smart home market recorded strong growth during 2019. The installed base of smart home systems increased by 28.5% to reach 172.6 million at the year-end. An estimated 19.1 million of these were multifunction or whole-home systems whereas 153.5 million were point solutions designed for one specific function.

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