Australia Smart Home Market by Application, Products, Active Household Numbers, Penetration rate, Company Analysis, Forecast – Renub Research

April 02 04:45 2021
Australia Smart Home Market by Application, Products, Active Household Numbers, Penetration rate, Company Analysis, Forecast - Renub Research

As per our research findings, Australia Smart Home Industry will grow at a staggering CAGR of 12.59% during 2020-2027.
Australia Smart Home Market will be US$ 4.61 Billion by 2027. Forecast By Application, Products, Active Household Numbers, Penetration rate, Company Analysis.

Globally from the last few years, home automation devices technologies are increasing rapidly. Sensor technology embedded with IoT devices will continue to become cheaper in prices, widely available, and more advanced. Australian inclination towards connected devices and the Internet of Things (IoT) has led to the rise of the smart home market. This adaptation offers consumers interconnection and improved access to various services. Australia’s smart home industry is growing due to its affordability. People are buying smart home products to make their lives convenient. According to Renub Research Analysis, Australia Smart Home Market will be US$ 4.61 Billion by 2027.

According to our research approximately 2.3 million Australian homes have smart home technology. Factors like changing lifestyle and rising disposable income are driving the Australia smart home industry. Moreover, increasing demand for energy efficient appliances and solutions, coupled with growing adoption of smart devices are anticipated to boost the smart homes market in Australia. Smart sound and entertainment system also play a significant role in the smart home owing to their features and usability. As per our research findings, Australia Smart Home Industry will grow at a staggering CAGR of 12.59% during 2020-2027.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=australia-smart-home-market-p.php

Australia is comparitively six to 12 months behind the US in terms of smart home appropriation. In Australia, people are implementing an intelligent home feature to their daily lives in which they can close and open there garage door remotely. People can control the home temperature because geo-fencing connected to the thermostat helps them feel relieved when they get back home from hectic schedules. As per this research study, the smart homes market in Australia was worth US$ 2.01 Billion in 2020.

The smart speaker uses voice command to control intelligent devices to make daily life easy for Australian people. Australian automated home incorporated with cool gadgets like Interactive Security System, Smart door lock, smart doorbells, smart locks, smart cameras, smart thermostats, smart lights, and Door/window sensor to make their family and home secure when they are not around or go for long trip or vacation.

Company’s New Products

• In 2021, Alarm.com develops the first “Touchless Video Doorbell” to reduce public health risks and make home visits and deliveries safer for all.
• Another company name Sonos Arc in 2020 has introduced the premium smart soundbar that brings immersive, cinema-quality sound to homes around the world.

Renub Research latest report titled “Australia Smart Home Market by Application, Products, Active Household Numbers, Penetration rate, Company (Philips dynalite, Sonos, Alarm.com, Allegion plc, Electrolux AB)” report provides current trends and analysis of Australia Smart Home Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/australia-smart-home-market-p.php

 

Application – Market, Volume & Households Penetration break up into 6 Segments, and each of these segments further divided into 3 sub-segments

   1. Energy Management

       a. Energy Management Market
       b. Number of Active Households
       c. Application Household Penetration

   2. Comfort and Lighting

      a. Comfort and Lighting Market
      b. Number of Active Households
      c. Application Household Penetration

   3. Home Entertainment

      a. Home Entertainment Market
      b. Number of Active Households
      c. Application Household Penetration

   4. Control and Connectivity

      a. Control and Connectivity Market
      b. Number of Active Households
      c. Application Household Penetration

   5. Security

      a. Security Market
      b. Number of Active Households
      c. Application Household Penetration

   6. Smart Appliances

      a. Smart Appliances Market
      b. Number of Active Households
      c. Application Household Penetration

Products – Market and Volume breakup of 11 Smart Home Products in Australia

   1. Smart Speaker
   2. Interactive Security System
   3. Smart Thermostat
   4. Monitoring Camera
   5. Video Doorbell
   6. Smart Light Bulb
   7. Motion Sensor
   8. Smart Light Switch
   9. Door/Window Sensor
   10. Smart Door Lock
   11. Others

Company have been covered from 3 Viewpoints

   • Overview
   • Recent Development
   • Revenue

Company Analysis

   1. Philips dynalite
   2. Sonos
   3. Alarm.com
   4. Allegionplc
   5. Electrolux AB

Industry Related Opportunity:

United States Smart Home Market: https://www.renub.com/united-states-smart-home-market-p.php

GCC Smart Home Market: https://www.renub.com/gcc-smart-home-market-p.php

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

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