Global DIY Smart Home Market Research Report- Forecast 2027

DIY Smart Home Market, By Technology (Network Technology, Wireless Communication Technology), By Product (Entertainment Control, Security & Access Control, Smart Kitchen), By Software (Behavioral) - Forecast 2027

ID: MRFR/SEM/2101-HCR | February 2021 | Region: Global | 100 pages

Please note that assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill sample form for updated data.

Market Synopsis of DIY Smart Home Market: 


Market Scenario:
The consumer demand for DIY connected home products includes wireless security cameras and lighting control systems. With the rise of managed smart home services and offerings, the market for DIY smart home market faces a new and direct form of competition. DIY has long been an active segment and proving ground for emerging technologies and approaches in home automation.


The main driver of using the DIY smart home market is both the hardware and software design. Apart from those factors, the safety and security are other main drivers in DIY smart home market. Smart cameras generate more retail revenue than any other smart home category, and a growing number of consumers are producing recurring revenue through add-on subscriptions that allow longer tenure video storage and provide features such as the ability to share footage.


The DIY smart home market is segmented on the basis of technology, product and software. Technology based software consists of network technologies, protocols & standards, wireless communication technologies. The network technologies both wired and modern Wi-Fi networks can provide high bandwidth connections and compatibility with a range of devices, but they do have limitations when it comes to small devices and sensors that require internet or local network access.    


The global DIY smart home market is expected to grow approximately at USD 54 Billion by 2023, at approx. 35% of CAGR between 2017 and 2023.


 


Study Objectives of DIY Smart Home Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the DIY smart home market.

  • To provide insights about factors affecting the market growth.

  • To analyze the DIY smart home market based porter’s five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment on the basis of technology, product type and software.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the DIY smart home market. 

DIY Smart Home Market:DIY Smart Home Market

Key Players:
The prominent players in the DIY smart home market are – Nest Labs, Inc. (U.S.), Honeywell International Inc. (U.S.),  Assa Abloy Group (Sweden), Acuity Brands, Inc. (U.S.), Johnson Controls Inc. (U.S.) , Schneider Electric SE (France), United Technologies Corporation (U.S.), Samsung Electronics Co., Ltd. (South Korea), Nest Labs, Inc. (U.S.), Crestron Electronics, Inc. (U.S.), among others.


Segments:
DIY Smart Home Market for segment on the basis of Technology, Product and Software.


DIY Smart Home Market by Technology:



  • Network Technologies

  • Protocols & Standards

  • Wireless Communication Technologies


 


DIY Smart Home Market by Product:



  • Lighting Control

  • Security & Access Control

  • HVAC Control

  • Entertainment Control

  • Home Healthcare

  • Smart Kitchen

  • Others

DIY Smart Home Market by Software:



  • Behavioral

  • Proactive

Regional Analysis:
The regional analysis of DIY smart home market in Asia pacific, North America, Europe and Rest of the World is as follows. North America region is accounted to be the largest share in DIY smart home market owing to advanced technology demand and consumer demand for safety and security home appliances. Asia-Pacific region is also estimated to account for major share in the market due to increasing concern of safety and security of elderly people and children.


 


Intended Audience



  • Government Organizations

  • Research/Consultancy firms

  • Technology solution providers

  • IT Solution Providers

  • Construction Companies

  • Residential Users

  • Commercial Users



Frequently Asked Questions (FAQ) :


MRFR has covered the DIY smart home market in their report, with respect to segments like technology, product and software.

The market is expected to develop at a growth rate of 35% in the ensuing years.

Network technologies, protocols & standards, wireless communication technologies are the primary technology-based segments listed in the report.

Asia Pacific is one of the most lucrative markets for DIY smart home, on account of surging concern regarding safety of elderly people as well as children.

Europe notes strong market growth owing to several government initiatives along with the rising demand for the installation of smart home applications in living homes.

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 DIY SMART HOME MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY TECHNOLOGY

6.2.1.1 NETWORK TECHNOLOGIES

6.2.1.2 PROTOCOLS & STANDARDS

6.2.1.3 WIRELESS COMMUNICATION TECHNOLOGIES

6.2.2 BY PRODUCT

6.2.2.1 LIGHTING CONTROL

6.2.2.2 SECURITY & ACCESS CONTROL

6.2.2.3 HVAC CONTROL

6.2.2.4 ENTERTAINMENT CONTROL

6.2.2.5 HOME HEALTHCARE

6.2.2.6 SMART KITCHEN

6.2.2.7 OTHERS

6.2.3 BY SOFTWARE

6.2.3.1 BEHAVIOURAL

6.2.3.2 PROACTIVE

6.2.4 BY GEOGRAPHY

6.2.4.1 NORTH AMERICA

6.2.4.2 EUROPE

6.2.4.3 ASIA-PACIFIC

6.2.4.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 NEST LABS, INC. (U.S.)

7.2.2 HONEYWELL INTERNATIONAL INC. (U.S.)

7.2.3 ASSA ABLOY GROUP (SWEDEN)

7.2.4 ACUITY BRANDS, INC. (U.S.)

7.2.5 JOHNSON CONTROLS INC. (U.S.)

7.2.6 SCHNEIDER ELECTRIC SE (FRANCE)

7.2.7 UNITED TECHNOLOGIES CORPORATION (U.S.)

7.2.8 SAMSUNG ELECTRONICS CO., LTD. (SOUTH KOREA)

7.2.9 NEST LABS, INC. (U.S.)

7.2.10 CRESTRON ELECTRONICS, INC. (U.S.).

7.2.11 OTHERS

LIST OF TABLES

TABLE 1 DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 2 DIY SMART HOME MARKET, BY PRODUCT

TABLE 3 DIY SMART HOME MARKET, BY SOFTWARE

TABLE 4 DIY SMART HOME MARKET, BY GEOGRAPHY

TABLE 5 NORTH AMERICA DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 6 NORTH AMERICA DIY SMART HOME MARKET, BY PRODUCT

TABLE 7 NORTH AMERICA DIY SMART HOME MARKET, BY SOFTWARE

TABLE 8 U.S. DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 9 U.S. DIY SMART HOME MARKET, BY PRODUCT

TABLE 10 U.S. DIY SMART HOME MARKET, BY SOFTWARE

TABLE 11 CANADA DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 12 CANADA DIY SMART HOME MARKET, BY PRODUCT

TABLE 13 CANADA DIY SMART HOME MARKET, BY SOFTWARE

TABLE 14 EUROPE DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 15 EUROPE DIY SMART HOME MARKET, BY PRODUCT

TABLE 16 EUROPE DIY SMART HOME MARKET, BY SOFTWARE

TABLE 17 GERMANY DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 18 GERMANY DIY SMART HOME MARKET, BY PRODUCT

TABLE 19 GERMANY DIY SMART HOME MARKET, BY SOFTWARE

TABLE 20 FRANCE DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 21 FRANCE DIY SMART HOME MARKET, BY PRODUCT

TABLE 22 FRANCE DIY SMART HOME MARKET, BY SOFTWARE

TABLE 23 U.K. DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 24 U.K. DIY SMART HOME MARKET, BY PRODUCT

TABLE 25 U.K. DIY SMART HOME MARKET, BY SOFTWARE

TABLE 26 REST OF EUROPE DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 27 REST OF EUROPE DIY SMART HOME MARKET, BY PRODUCT

TABLE 28 REST OF EUROPE DIY SMART HOME MARKET, BY SOFTWARE

TABLE 29 ASIA-PACIFIC DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 30 ASIA-PACIFIC DIY SMART HOME MARKET, BY PRODUCT

TABLE 31 ASIA-PACIFIC DIY SMART HOME MARKET, BY SOFTWARE

TABLE 32 REST OF THE WORLD DIY SMART HOME MARKET, BY TECHNOLOGY

TABLE 33 REST OF THE WORLD DIY SMART HOME MARKET, BY PRODUCT

TABLE 34 REST OF THE WORLD DIY SMART HOME MARKET, BY SOFTWARE

LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 DIY SMART HOME MARKET: BY TECHNOLOGY (%)

FIGURE 3 DIY SMART HOME MARKET: BY PRODUCT (%)

FIGURE 4 DIY SMART HOME MARKET: BY SOFTWARE (%)

FIGURE 5 DIY SMART HOME MARKET: BY REGION (%)

FIGURE 6 NORTH AMERICA DIY SMART HOME MARKET, BY TECHNOLOGY (%)

FIGURE 7 NORTH AMERICA DIY SMART HOME MARKET, BY PRODUCT (%)

FIGURE 8 NORTH AMERICA DIY SMART HOME MARKET, BY SOFTWARE (%)

FIGURE 9 EUROPE DIY SMART HOME MARKET, BY TECHNOLOGY (%)

FIGURE 10 EUROPE DIY SMART HOME MARKET, BY PRODUCT (%)

FIGURE 11 EUROPE DIY SMART HOME MARKET, BY SOFTWARE (%)

FIGURE 12 ASIA-PACIFIC DIY SMART HOME MARKET, BY TECHNOLOGY (%)

FIGURE 13 ASIA-PACIFIC DIY SMART HOME MARKET, BY PRODUCT (%)

FIGURE 14 ASIA-PACIFIC DIY SMART HOME MARKET, BY SOFTWARE (%)

FIGURE 15 ROW DIY SMART HOME MARKET, BY TECHNOLOGY (%)

FIGURE 16 ROW DIY SMART HOME MARKET, BY PRODUCT (%)

FIGURE 17 ROW DIY SMART HOME MARKET, BY SOFTWARE (%)