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China $37 Bn Smart Home Market to 2025

Research and Markets Logo

News provided by

Research and Markets

Jun 28, 2019, 13:45 ET

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DUBLIN, June 28, 2019 /PRNewswire/ -- The "China Smart Home Market, Numbers, and Penetration by (Energy Management, Comfort and Lighting, Home Entertainment, Control and Connectivity, Security and Smart Appliances) Company Analysis" report has been added to ResearchAndMarkets.com's offering.

China smart home market is expected to be close to USD 37 Billion by the end of the year 2025.

China, as a country, offers enormous potential for the Smart home industry, also known as the home automation industry.  China smart home market is growing due to factors such as the high internet penetration rate, growth in the awareness of fitness and healthy lifestyles owning to the high disposable income in Chinese middle-class population; supportive government policy for IoT devices, great importance of home monitoring from remote locations; growth in the demand for energy- saving and low carbon emission solutions due to climate change; rapid proliferation of smartphones and smart gadgets; existence of market players focusing on expanding their smart home product portfolios; widespread concern about safety, security, and convenience.

A home is defined as where appliances and devices are controlled via a smartphone application or web portal as user interface devices connected through the internet. Smart home systems, includes lighting control systems, security systems, entertainment systems (audio and video), home appliances, and others; and smart home devices, including speakers, in particular, are some of the most substantial segments of the smart home market.

Supportive policies by the Chinese Government for Smart Cities and the internet of things (IoT)

The Chinese government has taken proactive steps in making the policies for smart cities and the internet of things (IoT) that stimulates the China smart homes market. Projects for smart cities are not only an opportunity for domestic companies but also for MNC companies. Smart home is sub-part of IoT devices, means Chinese government policies will drive the China smart home market.

Key Topics Covered:

1. Introduction

2. Research & Methodology

3. Executive Summary

4. China Smart Home Market Analysis to 2025
4.1 China Smart Home Market
4.2 Household Penetration
4.3 Active Household Number

5. Market Share - China Smart Home Analysis to 2025
5.1 Market Share - By Application
5.2 Smart Home Active Households Share - By Application
5.3 Households Penetration - By Application

6. Application - China Smart Home Market, Number of Active Households & Households Penetration
6.1 Energy Management
6.1.1 Energy Management Market
6.1.2 Application Household Penetration
6.1.3 Number of Active Households
6.2 Comfort and Lighting
6.3 Home Entertainment
6.4 Control and Connectivity
6.5 Security
6.6 Smart Appliances

7. China Smart Home Market Funding

8. Recent Development - China Smart Home Market
8.1 China Smart City Pilot Projects and Financing
8.1.1 China's New-Type' Urbanization
8.1.2 Smart City as a Big Effort for China's New-type Urbanization
8.1.3 China's Smart City Pilot Projects
8.2 Smart City Financing in China

9. Policies, Trends and Standards & Government Role - China IoT / Smart Homes Market
9.1 China IoT / Smart Homes Policies
9.2 China IoT Trends and Standards
9.3 Government's Pivotal Role in China IoT Market

10. Company Analysis
10.1 Chuango Security Technology Corp
10.1.1 Company Overview
10.1.2 Smart Home Products
10.1.3 Recent Initiatives & Strategy in IoT and Smart Home
10.2 Heiman Co., Limited
10.3 Sichuan Changhong Electric Co Ltd
10.4 Hisense Co. Ltd
10.5 Xiaomi Inc
10.6 Alibaba Group
10.7 JD.com
10.8 Baidu
10.9 Haier

11. Driving Factors
11.1 Policies & Initiatives Driving Smart Homes
11.2 IoT Drives Smart Home Market
11.3 Cost Savings Due to the Adoption of Energy Conservation Systems
11.4 Increasing Urbanization & Growing Awareness for Smart Home Technology
11.5 Development of Connected Innovative Products
11.6 Tech-Savvy Chinese Consumers

12. Challenges
12.1 Security and Privacy Breach Concern
12.2 Cyber Security Concerns
12.3 Lack of Standardization & Inter-Operability

For more information about this report visit https://www.researchandmarkets.com/r/dc1a66

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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