Home Automation Market Statistics , Growth Drivers & Trends Analysis | Forecast To 2030 By TBRC

Home Automation Global Market Report 2021 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2015-2020, and the forecast period – 2021-2025, with additional forecasts for 2025-2030. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

TBRC’s market report includes a chapter on the COVID-19 impact on the home automation industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected home automation market growth numbers from 2021-2030.

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The global home automation market is expected to grow from $48.52 billion in 2020 to $54.41 billion in 2021 at a compound annual growth rate (CAGR) of 12.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The home automation market is expected to reach $85.42 billion in 2025 at a CAGR of 11.9%.

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https://www.thebusinessresearchcompany.com/report/home-automation-global-market-report

The Home Automation Global Market Report 2020-30 by The Business Research Company evaluates home automation market size, growth rate, drivers, home automation industry trends, and major companies.

Home automation market segments in the report are:

1) By Product: Lighting Control, Security And Access Control, HVAC Control, Entertainment, Others

2) By Technology: Wired Home Automation System, Wireless Home Automation System

3) By End User: Residential, Commercial, Others

The table of contents in TBRC’s home automation market report includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis

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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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