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Singapore Smart Home Installation Service Market Size, Share: By System: Home Monitoring/Security, Lighting Control, Smart Speaker, Thermostat, Video Entertainment, Smart Appliances, Others; By Distribution Channel: Retailers, E-Commerce, OEM; Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; 2024-2032
Singapore Smart Home Installation Service Market Outlook
The Singapore smart home installation service market is projected to grow at a CAGR of 21.9% between 2024 and 2032.
Singapore Smart Home Installation Service Market Outlook
- As per the Department of Statistics in Singapore, 33,796 construction contracts were awarded in the public and private sectors in 2023.
- As of 2023 15,63,641 total residential dwelling units existed in Singapore, as per the Department of Statistics.
- Ministry of Health in Singapore in November 2022 leveraged smart home technologies to enhance care and support for seniors in their homes.
Singapore Smart Home Installation Service Market Growth
The Singapore smart home installation service market growth is largely owed to retailers, e-commerce, and OEM as the available distribution channels.
Retailers serving the smart home installation service market in Singapore may be physical stores or showrooms specializing in smart home devices and systems. Such dealers may offer various smart home products including security cameras, lighting systems, smart thermostats, and home automation hubs. Customers can visit these shops for different options of items, get advice from salespersons, and make their purchases.
The smart home installation service in Singapore is expected to witness significant growth owing to rising automation in homes and individuals seeking smart home solutions as a means of seeking convenience. The company "Arlo" launched its second-generation Essential cameras and doorbells in Singapore in March 2024. The Arlo Secure App is compatible with these products. A 180° field of view, weather resistance, an integrated siren for security alerts, voice messaging, colour night vision, and an integrated spotlight to illuminate the scene are just a few of the features that the doorbells and cameras offer.
OEM distribution means that manufacturers of smart home devices and systems offering directly to the end users or through authorized dealerships. These manufacturers may have their physical retail outlets or online stores where customers can directly make purchase . Moreover, OEMs offering companies may partners with the local installation service providers . This enables them to keep control over customer experience while ensuring correct installation.
Market Segmentation
Singapore Smart Home Installation Service Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by System
- Home Monitoring/Security
- Lighting Control
- Smart Speaker
- Thermostat
- Video Entertainment
- Smart Appliances
- Others
Market Breakup by Distribution Channel
- Retailers
- E-Commerce
- OEM
The smart home installation service market key players are PFE Technologies Pte Ltd., L3 Homeation Pte Ltd., Futurahaus, Smart Home Solutions, Smart Digital Solutions Pte. Ltd., Adler International Pte Ltd., Koble SG Incorporation, C.Inhaus Pte. Ltd., Smart Control Technology, and SpeedyDecor.com Pte Ltd. among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by System |
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| Breakup by Distribution Channel |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Smart Home Installation Service Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Smart Home Installation Service Historical Market (2018-2023)
8.3 Asia Pacific Smart Home Installation Service Market Forecast (2024-2032)
9 Singapore Smart Home Installation Service Market Overview
9.1 Key Industry Highlights
9.2 Singapore Smart Home Installation Service Historical Market (2018-2023)
9.3 Singapore Smart Home Installation Service Market Forecast (2024-2032)
10 Singapore Smart Home Installation Service Market by System
10.1 Home Monitoring/Security
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Lighting Control
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Smart Speaker
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Thermostat
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Video Entertainment
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Smart Appliances
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Others
11 Singapore Smart Home Installation Service Market by Distribution Channel
11.1 Retailers
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 E-Commerce
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 OEM
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 PFE Technologies Pte Ltd.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 L3 Homeation Pte Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Futurahaus
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Smart Home Solutions
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Smart Digital Solutions Pte. Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Adler International Pte Ltd.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Koble SG Incorporation
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 C.Inhaus Pte. Ltd.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Smart Control Technology
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 SpeedyDecor.com Pte Ltd.
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Smart Home Installation Service Market: Key Industry Highlights, 2018 and 2032
2. Singapore Smart Home Installation Service Market: Key Industry Highlights, 2018 and 2032
3. Singapore Smart Home Installation Service Historical Market: Breakup by System (USD Million), 2018-2023
4. Singapore Smart Home Installation Service Market Forecast: Breakup by System (USD Million), 2024-2032
5. Singapore Smart Home Installation Service Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. Singapore Smart Home Installation Service Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. Singapore Smart Home Installation Service Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 21.9% between 2024 and 2032.
The smart home installation service market is categorised according to system into home monitoring/security, lighting control, smart speakers, thermostats, video entertainment, smart appliances and others.
The smart home installation service market key players are PFE Technologies Pte Ltd., L3 Homeation Pte Ltd., Futurahaus, Smart Home Solutions, Smart Digital Solutions Pte. Ltd., Adler International Pte Ltd., Koble SG Incorporation, C.Inhaus Pte. Ltd., Smart Control Technology, and SpeedyDecor.com Pte Ltd. among others.
Based on the distribution channel, the market is divided into retailers, e-commerce, and OEM.
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