Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Smart Home Installation Service Market Size

The global smart home installation service market attained a value of USD 4.83 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 23.2% to reach USD 31.52 billion by 2032.

 

The market is being driven by the high adoption rate of smart home installation services across the globe.

 

Smart Home Installation Service Market Report Snapshots

Smart Home Installation Service Market Size

Smart Home Installation Service Market Analysis

Smart Home Installation Service Companies

 

*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.*

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Key Questions Answered in the Report

In 2023, the global smart home installation service market attained a value of nearly USD 4.83 billion.

The market is projected to grow at a CAGR of 23.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach nearly USD 31.52 billion by 2032.

The market is being driven by the availability of improved features, rapid integration of cognitive computing technologies, growing consumer demand for connected devices, and the improved security benefits offered by these services.

The key trends guiding the market include rapid digitisation, the growing adoption of smart assistance-embedded consumer devices, and the rising deployment of connectivity technologies.

The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

The major systems considered in the market report include home monitoring/security, lighting control, smart speaker, thermostat, video entertainment, and smart appliances, among others.

The technology segments include cellular network technologies and wireless communication technologies.

OEM, retailers, e-commerce, and professional service providers are the various distribution channels of smart home installation. 

The major players in the market are Miami Electric Masters, Red River Electric Inc., Rexel, Insteon, AutoDeus Technologies Private Limited, Vivint, Inc., HelloTech, Inc., and Handy Technologies, Inc., among others.

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+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

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