Smart Home Hub
Smart Home Hub

Global Smart Home Hub Market – Strategic Assessment and Forecast 2017-2022

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Smart Home Hub Market By Distribution Channels (Retail stores (Mass market players, Electronic stores), Online stores) By Geography (APAC, Europe, North America, and RoW) Global Industry Analysis, Market Size, Market Share, Trends, Drivers and Growth Forecast 2017-2022

Number Of Pages: 113

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Product Description

Global Smart Home Hub Market is Likely to Grow at a CAGR More Than 5% in Terms of Shipment During 2016–2022

Smart Home Hub Market – Report Insight

A smart home hub is a hardware device that acts as a bridge among connected devices in the house and allows the end-user to control their communication. This device uses AI-based home automation technology to control other connected devices in the house.

Scope of the report

The report “Global Smart Home Hub Market – Strategic Assessment and Forecast 2017–2022”, considers the present scenario of the global smart home hub market and its strategic assessment during the period 2016–2022. The report outlines the top trends, drivers, restraints, and profiles the leading five vendors in the market.

It provides the analysis of key segments of the market by distribution channel, geography, country, and vendors. It provides a comprehensive analysis of the revenue from the following segments:

By Distribution Channels

  • Retail stores
    • Mass market players
    • Electronic stores
  • Online stores

By Geography

  • APAC
  • Europe
  • North America
  • RoW

The report also includes a detailed study of leading trends, drivers, and restraints for each region.

Smart Home Hub Market – Market Size and Dynamics

Analysts at Beige Market Intelligence expect that the global smart home hub market is likely to post a CAGR more than 5% and 4% in terms of unit shipment and revenue, respectively during 2016–2022. One of the reasons for increasing sales of smart home hub in developing as well as developed countries is urbanization. Urbanization has led to the creation of better job opportunities for people, which, in turn, leads to the improvement in their living standards. Increased per capita income and growth of dual-income households constitute the basis for increasing spend on smart devices worldwide. Further, the cost-effectiveness of smart home hub offered online (often at discounted prices) is also attracting price-sensitive, new buyers in the market. In addition, improving global economic conditions will drive the growth of the market, making it attractive for vendors to launch new products.

Smart Home Hub Market – Trends, Drivers, and Challenges

Increasing clutter of smart home devices in households develops the need for a central device that can help end-users to control all other connected devices. Smart home hub comes handy in these situations, thereby finding their application increasing among end-users consumers worldwide. The increasing popularity of voice-first technology, rising investment on IoT by vendors, and growing push for digital economy in developing countries are among the other emerging trends that is going to boost the market during the forecast period.

Further, the smart home hub report includes a detailed study of emerging trends, factors driving the growth, and expected challenges of the market during the period 2017–2022. Similarly, increased instances of voice searches and penetration of broadband and internet connections are among the major factors that are expected to drive the growth of the market. The report also includes Porter’s Five Forces analysis and their impact on the market.

Smart Home Hub Market – Geographical Analysis

Globally, North America is the largest market for smart home automation, and the market is growing rapidly. This will fuel the demand for smart home hub in the region. The demand for smart home hub in Europe is high and is expected to increase during the forecast period. The major reason for the growth in demand is the introduction of upgraded smart home hub in the market by vendors. Also, the smart home penetration is increasing in the Western European countries. The report includes the market analysis of different regions such as North America, Latin America, APAC, MEA, and Europe. It outlines the major market shareholders and the market size analysis of all regions.

Smart Home Hub Market – Key Vendors and Market Share

The global smart home hub market is dominated by vendors that have international presence. Many international players are expected to expand their presence worldwide during the forecast period, especially in the fast-developing countries in APAC and Latin America to gain more market share.

The report profiles major companies in the global smart home hub market and provides the competitive landscape and market share of the leading players. It covers the entire market outlook regarding the value chain operating in the market.

Prominent Vendors

  • Flex (Wink Labs)
  • LG Electronics
  • Samsung

Other prominent vendors included in the smart home hub report are Alphabet, Apple, Control4, Cozify, Invoxia, Logitech International, Lowe’s (Iris), Lutron Electronics, SmartBeings, Smartlabs (Insteon), Vera Control, Vivint, Zipato (Tri plus grupa).

Why should you buy the report?

The report provides answers to the following questions related to the Smart Home Hub market.

  1. What are the current changes witnessed by the market and how are they likely to impact the market landscape in the coming years?     
  2. Which factors are likely to affect the market over the next few years?
  3. What are the major emerging trends and challenges for the market over the next five years?
  4. What is the market size and market forecast for each product segment?
  5. What is the market size and market forecast for each end-user type?
  6. Which region is likely to witness the largest market share and what are the factors driving the market growth in the region?
  7. What is the sale growth rate in key geographies?

Smart Home Hub

A smart home hub is a hardware device that acts as a bridge among connected devices in the house and allows the end-user to control their communication. It uses AI-based home automation technology to control other connected devices in the house. A smart home hub makes the use of protocols such as ZigBee, Z-Wave, Bluetooth, and Wi-Fi to connect to other devices such as thermostats, wall outlets and switches, light bulbs, refrigerators, door locks, motion sensors, and wireless cameras.

Smart home hubs are divided into two categories: Basic smart hubs that serve as a smartphone compatible interface between connected devices and end-users (example: Wink Hub, Lowe’s Iris, Insteon Hub) and conditional smart hubs that act smart and have conditional behavior. Conditional behavior is the ability to change or behave as per the condition or specific events, and these conditional smart hubs detect those conditions on their own (example: SmartThings, Harmony Hub or remotes).

The key objectives of the study are as follows

To provide a detailed analysis of the worldwide smart home hub market

To provide a break-down of smart home hub market

By Distribution Channel

By Geographic Segment

By Vendors

To provide the competitive landscape of the key players operating in this market and how the market will evolve over the forecast period

To provide strategic insights into what is happening in the market and what should happen in the market during the forecast period

To provide key insights into the various factors that are aiding as well as adversely affecting the market and how this scenario will change during the forecast period

The scope of the study is as follows

The report provides the optimistic and pessimistic scenarios for smart home hub market.

the study considers the revenue generated by various data center vendors by geographic segments and key countries market share analysis:

  • APAC
  • Europe
  • North America
  • RoW

 

Timeline of the study is as follows

Base Year:               2016                      (Actual figures)

Forecast Period:     2017-2022           (Forecasted figures)

Why should you buy this study?

The study will tell the reader how the market has been performing over the last few years and how it is expected to perform over the next five years. Detailed analysis of the performance of the market is provided thereby providing the reader with key insights into what is taking place and how the market is being affected, both positively and adversely. Individuals who are interested in knowing which are the key companies involved in the market should purchase this report.

In short, the study will provide a holistic view of the smart home hub Market, which are the companies that are involved in the market and what are the factors that contribute to this market. The report will also provide information on what are some of the trends that have started to surface and are expected to be a strong driving force in the market over the next five years.

 

 

Contents
Section 1              Research Methodology
 
Section 2              Report Coverage
2.1          Executive Summary
2.2          Scope of the Study
2.2.1      Definition of Product
2.2.2      Distribution Channel
2.2.3      End-user Segments
2.2.4      Base Year
2.2.5      Geography
2.3          Market Size Calculation Methodology
2.4          Report Assumptions
2.5          Vendor Segmentation
2.6          Common Currency Conversion Rates
 
Section 3              Market Landscape
3.1          Introduction
3.1.1      Emergence of Virtual-assistance Technology
3.2          Macroeconomic Factors driving Market Growth
3.2.1      Per Capita GDP in Developing Markets
3.2.2      Dual-income Households in Developed Markets
 
Section 4              Key Market Trends
4.1.2      YoY Impact of Market Trends
4.1.3      Impact of Market Trends on Geographies in 2016
4.1.4      Sensitivity Analysis of Key Market Trends
 
Section 5              Key Market Growth Drivers
5.1.1      YoY Impact of Market Drivers
5.1.2      Impact of Market Drivers on Geography in 2016
 
Section 6              Key Market Restraints
6.1.1      YoY Impact of Market Restraints
6.1.2      Impact of Market Restraints on Geographies in 2016
 
Section 7              Value Chain Analysis
7.1          Value Chain of Global Smart Home Hub Market
7.1.1      Raw Materials
7.1.2      Manufacturers
7.1.3      Distributors/Dealers
7.1.4      Retailers
7.1.5      End-user
 
Section 8              Smart Homes: An Introduction
8.1          Overview
8.2          IoT Specialized Network
8.2.1      Bluetooth
8.2.2      ZigBee
8.2.3      Z-Wave
8.2.4      Thread
8.2.5      Wi-Fi
8.2.6      Cellular
8.3          Opportunities in Connected Living Market
8.4          Market Development
8.5          Smart Device Ownership in Developed Countries
8.6          Smart Home Market by Key Country
8.6.1      US
8.6.2      UK
8.6.3      Germany
8.6.4      France
8.6.5      Italy
8.6.6      China
8.6.7      Other Prominent Countries
 
Section 9              Global Market Size and Forecast
9.1          Global Smart Home Hub Market
9.1.1      Historical Data: 2014–2015
9.1.2      Market Size and Forecast 2016−2022
9.2          Porter’s Five Forces Analysis
9.2.1      Threat of New Entrants
9.2.2      Bargaining Power of Suppliers
9.2.3      Bargaining Power of Buyers
9.2.4      Threat of Substitutes
9.2.5      Competitive Rivalry
 
Section 10           Market Segmentation by Distribution Channels
10.1        Distribution Channels of Global Smart Home Hub Market
10.1.1    Manufacture, Production, and Distribution
10.1.2    Distribution through Retail Stores
10.1.3    Distribution through Online Websites
 
Section 11           Geographical Segmentation
11.1        Market Overview
 
Section 12           Smart Home Hub Market in North America
12.1        Historical Market Size 2014−2015
12.2        Market Size and Forecast 2016−2022
12.3        Key Countries
12.4        Leading Trend, Driver, and Restraint
 
Section 13           Smart Home Hub Market in Europe
13.1        Historical Market Size 2014−2015
13.2        Market Size and Forecast 2016−2022
13.3        Key Countries
13.4        Leading Trend, Driver, and Restraint
 
Section 14           Smart Home Hub Market in APAC
14.1        Historical Market Size 2014−2015
14.2        Market Size and Forecast 2016−2022
14.3        Key Countries
14.4        Leading Trend, Driver, and Restraint
 
Section 15           Smart Home Hub Market in RoW
15.1        Historical Market Size 2014−2015
15.2        Market Size and Forecast 2016−2022
15.3        Key Countries
15.4        Leading Trend, Driver, and Restraint
 
Section 16           Vendor Landscape
16.1        Competitive Landscape
16.2        Market Structure and Mapping of Competition
 
Section 17           Key Vendor Analysis
17.1        Flex (Wink Labs)
17.1.1    Business Overview
17.1.2    Flex (Wink Labs) in Smart Home Hub Market
17.1.3    Major Product Offerings
17.1.4    Key Strategies
17.1.5    Key Strengths
17.1.6    Key Opportunities
17.2        LG Electronics
17.2.1    Business Overview
17.2.2    LG Electronics in Smart Home Hub Market
17.2.3    Major Product Offerings
17.2.4    Key Strategies
17.2.5    Key Strengths
17.2.6    Key Opportunities
17.3        Samsung Electronics
17.3.1    Business Overview
17.3.2    Samsung Electronics in Smart Home Hub Market
17.3.3    Major Product Offerings
17.3.4    Key Strategies
17.3.5    Key Strengths
17.3.6    Key Opportunities
 
Section 18           Other Vendors with Prominent Presence in Market
18.1        Alphabet
18.2        Apple
18.3        Control4
18.4        Cozify
18.5        Icontrol Networks
18.6        Invoxia
18.7        Logitech International
18.8        Lowe’s (Iris)
18.9        Lutron Electronics
18.10     SmartBeings
18.11     Smartlabs (Insteon)
18.12     Vera Control
18.13     Vivint
18.14     Zipato (Tri plus grupa)
 
Section 19           Summary of the Report
19.1        Descriptive Summary
 
Section 20           Summary of Figures
 
Section 21           Appendix
21.1        List of Abbreviations
 
 
 
Exhibits
Exhibit 1               Summary of Global Smart Home Hub Market 2016−2022               
Exhibit 2               Global Smart Home Hub Market at a Glance 2016
Exhibit 3               Major Countries Considered in Different Geographies    
Exhibit 4               Market Size Calculation Approach 2016  
Exhibit 5               Various Factors Considered for this Report          
Exhibit 6               Common Currency Conversion 2013−2016            
Exhibit 7               Several Virtual Assistants in Market (May 2017) 
Exhibit 8               Real GDP per Capita Growth in Various Developing Countries 2013–2015                
Exhibit 9               Dual-income Households in US (1970 Vs. 2015)  
Exhibit 10             Smart Home Device Market in US 2012–2022 (million units)        
Exhibit 11             Google Trends for Voice Searches June 2008–March 2017             
Exhibit 12             Increasing Share of Voice Searches by Timeline  
Exhibit 13             Economic Impact of IoT in Various Settings by 2025 (impact in $ trillion) 
Exhibit 14             Average IoT Expenditure by Various Industries 2015 (overall % of revenue)          
Exhibit 15             Expected Contribution of Mobile Internet and IoT in GDP Growth in APAC by 2025
Exhibit 16             Digitization Plans of Select Countries in APAC     
Exhibit 17             Sensitivity Analysis of Key Market Trends 2016–2022       
Exhibit 18             Primary Reason for Using Voice Assistants and Voice Searches in US 2016              
Exhibit 19             Primary Place of Voice Usage by US Nationals 2016           
Exhibit 20             Voice Query on Hound Application in US by Major Categories     
Exhibit 21             Total Fixed Broadband Subscriptions by Various Countries as of June 2016 (million)
Exhibit 22             Total Mobile Broadband Subscriptions by Select Countries as of June 2016 (million)
Exhibit 23             Number of Smart Homes in North America and Europe by Installed Base 2015−2020 (million units)               
Exhibit 24             Global Smart Voice-assistant Speaker Market by Historical Data 2014−2015           
Exhibit 25             Internet Penetration (Percentage of Internet Users against Overall Population) March 2017           
Exhibit 26             Average Internet Speed in Select APAC Countries 2016   
Exhibit 27             Value Chain Analysis of Smart Home Hub 2016   
Exhibit 28             A Schematic Diagram of Smart Home Ecosystem
Exhibit 29             Opportunities and Impact for Solution Providers in Connected Living Market 2016
Exhibit 30             Key Vendors in Smart and Connected Markets 2016         
Exhibit 31             Vendor Mapping in Smart and Connected Markets 2016
Exhibit 32             Key Market Development in Smart Home Market             
Exhibit 33             Number of Smart Device Ownership in Developed Countries 2016             
Exhibit 34             Smart Home Market in US 2015-2022 ($ billion) 
Exhibit 35             Smart Home Market in UK 2015-2022 ($ billion)
Exhibit 36             Smart Home Market in Germany 2015-2022 ($ billion)    
Exhibit 37             Smart Home Market in France 2015-2022 ($ billion)         
Exhibit 38             Smart Home Market in Italy 2015-2022 ($ billion)              
Exhibit 39             Smart Home Market in China 2015-2022 ($ billion)           
Exhibit 40             Smart Home Market in Key Countries 2016-2022               
Exhibit 41             Global Smart Home Hub Market by Historical Data 2014−2015     
Exhibit 42             Global Smart Home Hub Market 2016−2022 (thousand units)     
Exhibit 43             End-user of Voice Search by Age Category October 2016–March 2017      
Exhibit 44             Global Smart Home Hub Market 2016−2022 ($ million)  
Exhibit 45             Comparison of CAGR of Global Smart Home Hub Market vis-à-vis Global Smart Voice-assistant Speaker Market 2016−2022          
Exhibit 46             ASP of Smart Home Hubs 2014−2022 ($)               
Exhibit 47             Global Urban and Rural Human Population 1950−2050 (million) 
Exhibit 48             Women Workforce in Japan 1985 vs. 2014            
Exhibit 49             Penetration of Smartphones in North America, Western Europe, and APAC 2010−2022    
Exhibit 50             Global Internet-based Offline Retail Sales vis-à-vis Brick-and-mortar and Online Sales 2006−2022 
Exhibit 51             Five Forces Analysis 2016             
Exhibit 52             Global Smart Home Hub Market by Distribution Channels             
Exhibit 53             Distribution Channel Flow of Smart Home Hubs 
Exhibit 54             Global Smart Home Hub Market by Distribution Channels 2016   
Exhibit 55             Market Share of Various Regions in Global Smart Home Hub Market 2016 and 2022
Exhibit 56             Comparison of CAGR of Key Geographies 2016–2022       
Exhibit 57             Smart Home Hub Market in North America by Historical Data 2014−2015               
Exhibit 58             Annual Saving Ratio of US 2008−2017      
Exhibit 59             Smart Home Hub Market in North America 2016−2022 (thousand units)
Exhibit 60             Change in US GDP Growth Rate (Q1 2006 − Q2 2016)       
Exhibit 61             Smart Home Hub Market in North America 2016–2022 ($ million)             
Exhibit 62             Smart Home Hub Market in North America by Key Country 2016
Exhibit 63             Smart Home Hub Market in Europe by Historical Data 2014−2015              
Exhibit 64             Smart Home Hub Market in Europe 2016−2022 (million units)    
Exhibit 65             Changes in Per Capita Disposable Income in EU-28 Countries 2006−2015 
Exhibit 66             Annual Saving Ratio of Western European Countries 2008−2017 
Exhibit 67             Change in Annual Household Disposable Income in Europe 2008−2015 (%)           
Exhibit 68             Smart Home Hub Market in Europe 2016−2022 ($ million)            
Exhibit 69             Smart Home Hub Market in Europe by Key Countries (Unit Shipment) 2016           
Exhibit 70             Smart Home Hub Market in APAC by Historical Data 2014−2015  
Exhibit 71             Smart Home Hub Market in APAC 2016−2022 (million units)        
Exhibit 72             Gross Domestic Savings of China, India, and South Korea 2008−2014 (percentage of income)
Exhibit 73             Increase in Urban Population in APAC (Overall Population %) 2005−2045
Exhibit 74             Smart Home Hub Market in APAC 2016−2022 ($ million)
Exhibit 75             Comparison of Southeast Asian Countries with Income Brackets 2010−2025
Exhibit 76             Urban Households in China: Income Breakup 2010−2020                
Exhibit 77             Smart Home Hub Market in RoW by Historical Data 2014−2015   
Exhibit 78             Smart Home Hub Market in RoW 2016–2022 (million units)         
Exhibit 79             Smart Home Hub Market in RoW 2016–2022 ($ million) 
Exhibit 80             Overview of Market Concentration in Various Geographies 2016 (as illustrated by HHI)
Exhibit 81             Global Smart Home Hub Market by Vendor Ranking 2016              
Exhibit 82             Descriptive Summary of Global Smart Home Hub Market              
Exhibit 83             Summary of Global Smart Home Hub Market by Geography 2016−2022 (thousand units)
Exhibit 84             Summary of Global Smart Home Hub Market by Geography (Unit Shipment) 2016−2022 (%)         
Exhibit 85             Summary of Global Smart Home Hub Market by Geography 2016−2022 ($ million)
Exhibit 86             Summary of Global Smart Home Hub Market by Geography (Revenue) 2016−2022 (%)    
 





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