Security and access control is expected to remain the largest segment in the global DIY home automation market


Posted March 22, 2022 by Lucintel

An exciting new study from the team of Lucintel found that DIY home automation market is expected to grow with a CAGR of 40%.

 
An exciting new study from the team of Lucintel found that DIY home automation market is expected to grow with a CAGR of 40%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The DIY home automation market is segmented based on product and service type, technology, application, and region. In this market, security and access control is expected to remain the largest product and service type, and household segment is expected to remain the largest application.
Ismartalarm, Smartthings, Ingersoll-Rand, Icontrol Networks, Smartlabs, Nest Labs, Vera Control, Belkin International, Lowe’s Iris and Nortek are some of the major players profiled in this 150 page report.
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https://www.lucintel.com/diy-home-automation-market.aspx
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global DIY home automation market by product and service type (hardware and managed services), technology (network technologies and wireless technologies), application (commercial and household), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the DIY home automation market?
Q.4 What are some changing demands of customers in the DIY home automation market?
Q.5 What are the new developments in the DIY home automation market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this DIY home automation area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this DIY home automation market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Tags diy home automation market
Last Updated March 22, 2022