Middle East Smart Homes Market Analysis Report

Middle East Smart Home Market Analysis, 2021

marknteladvisors.com

Document Outline

Table of Content Market Segmentation, Scope of Work

Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile

Sample Pages Middle East Smart Homes Market Analysis, 2021

Commercials Company Profile About the company

Contact Details

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Market Segmentation Middle East Smart Homes Market

By Company

• ABB Ltd. • Johnson Controls • United Technologies Corporation • Emerson Electronics Co. • Honeywell International, Inc. • Legrand S.A. • Lutron Electronics, Inc. • Schneider Electric S.A. • Siemen AG • Robert Bosch GmbH • Samsung Electronics Co., Ltd. • Haier Group • Crestron Electronics, Inc. • LG Electronics, Inc.

By Technology

• Cellular Network Technologies • Protocols and Standards • Wireless Communication Technologies

By Software & Service • Behavioral • Proactive

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

• • • • • • • • • •

By Region

By Product Type

UAE Saudi Arabia Oman Bahrain Kuwait Qatar Israel Egypt Turkey Others

• Entertainment Controls • Security & Access Control • Video Surveillance • Access Control • HVAC Control • Smart Home Appliances • Smart Kitchen • Smart Lighting Control • Smart Furniture • Others (Smart Plugs, Smoke Detectors, Smart Meters)

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Historical Year: (2016-19) Base Year: 2020

Table of Content (1/9)

Forecast Year: (2021-26) Table of Content

1.

Introduction 1.1. Product Definition 1.2. Research Process 1.3. Market Segmentation 1.4. Assumptions

2.

Preface

3.

Executive Summary

4.

Impact of COVID-19 on Middle East Smart Homes Market

5.

Middle East Smart Homes Market Outlook, 2016-2026 5.1. Market Size & Analysis 5.1.1. Revenues 5.2. Market Share & Analysis

5.2.1. By Technology 5.2.1.1. Cellular Network Technologies 5.2.1.2. Protocols and Standards 5.2.1.3. Wireless Communication Technologies

5.2.2. By Software & Service 5.2.2.1. Behavioral 5.2.2.2. Proactive

5.2.3. By Product Type Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: (2016-19) Base Year: 2020

Table of Content (2/9)

Forecast Year: (2021-26) Table of Content

5.2.3.1. Entertainment Controls 5.2.3.1.1.

Audio, Volume and Multimedia Room Controls

5.2.3.1.2.

Home Theater System Control

5.2.3.1.3.

Touchscreen and Keypads

5.2.3.2. Security & Access Control 5.2.3.2.1.

Video Surveillance

5.2.3.2.1.1. Hardware 5.2.3.2.1.2. Software 5.2.3.2.1.3. Services 5.2.3.2.2.

Access Control

5.2.3.2.2.1. Non-Biometric Access Control 5.2.3.2.2.2. Biometric Access Control

5.2.3.3. HVAC Control 5.2.3.3.1.

Smart Thermostats

5.2.3.3.2.

Sensors

5.2.3.3.3.

Actuators

5.2.3.3.4.

Dampers

5.2.3.3.5.

Control Valves

5.2.3.3.6.

Heating and Cooling Coils

5.2.3.3.7.

Pumps & Fans

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Historical Year: (2016-19) Base Year: 2020

Table of Content (3/9)

Forecast Year: (2021-26) Table of Content

5.2.3.3.8.

Smart Vents

5.2.3.4. Smart Home Appliances 5.2.3.4.1.

Smart Washer

5.2.3.4.2.

Smart Dryers

5.2.3.4.3.

Smart Water Heaters

5.2.3.4.4.

Smart Vacuum Cleaners

5.2.3.5. Smart Kitchen 5.2.3.5.1.

Smart Dishwashers

5.2.3.5.2.

Smart Refrigerators

5.2.3.5.3.

Smart Cookers

5.2.3.5.4.

Smart Ovens

5.2.3.5.5.

Smart Coffee Makers

5.2.3.5.6.

Smart Kettles

5.2.3.6. Smart Lighting Control 5.2.3.6.1.

Dimmers

5.2.3.6.2.

Switches

5.2.3.6.3.

Relays

5.2.3.6.4.

Daylight Sensors

5.2.3.6.5.

Timers

5.2.3.6.6.

Others

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Historical Year: (2016-19) Base Year: 2020

Table of Content (4/9)

Forecast Year: (2021-26) Table of Content

5.2.3.7. Smart Furniture 5.2.3.7.1.

Smart Tables

5.2.3.7.2.

Smart Stools and Benches

5.2.3.7.3.

Smart Sofas

5.2.3.7.4.

Smart Chairs

5.2.3.7.5.

Smart Desks

5.2.3.8. Others (Smart Plugs, Smoke Detectors, Smart Meters) 5.2.4. By Country 5.2.4.1. UAE 5.2.4.2. Saudi Arabia 5.2.4.3. Oman 5.2.4.4. Bahrain

5.2.4.5. Kuwait 5.2.4.6. Qatar 5.2.4.7. Israel 5.2.4.8. Egypt

5.2.4.9. Turkey 5.2.4.10. Others 5.2.5. By Company

5.2.5.1. Competition Characteristics Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: (2016-19) Base Year: 2020

Table of Content (5/9)

Forecast Year: (2021-26) Table of Content

5.2.5.2. Market Share & Analysis 5.2.5.3. Competitive Matrix 6.

UAE Smart Homes Market Outlook, 2016-2026 6.1. Market Size & Analysis 6.1.1. Revenues 6.2. Market Share & Analysis 6.2.1. By Technology 6.2.2. By Software & Service 6.2.3. By Product Type

7.

Saudi Arabia Smart Homes Market Outlook, 2016-2026 7.1. Market Size & Analysis 7.1.1. Revenues

7.2. Market Share & Analysis 7.2.1. By Technology 7.2.2. By Software & Service 7.2.3. By Product Type

8.

Oman Smart Homes Market Outlook, 2016-2026 8.1. Market Size & Analysis 8.1.1. Revenues

8.2. Market Share & Analysis Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: (2016-19) Base Year: 2020

Table of Content (6/9)

Forecast Year: (2021-26) Table of Content

8.2.1. By Technology 8.2.2. By Software & Service 8.2.3. By Product Type 9.

Bahrain Smart Homes Market Outlook, 2016-2026 9.1. Market Size & Analysis 9.1.1. Revenues 9.2. Market Share & Analysis 9.2.1. By Technology 9.2.2. By Software & Service 9.2.3. By Product Type

10. Kuwait Smart Homes Market Outlook, 2016-2026 10.1. Market Size & Analysis

10.1.1. Revenues 10.2. Market Share & Analysis 10.2.1. By Technology 10.2.2. By Software & Service

10.2.3. By Product Type 11. Qatar Smart Homes Market Outlook, 2016-2026 11.1. Market Size & Analysis

11.1.1. Revenues Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: (2016-19) Base Year: 2020

Table of Content (7/9)

Forecast Year: (2021-26) Table of Content

11.2. Market Share & Analysis 11.2.1. By Technology 11.2.2. By Software & Service 11.2.3. By Product Type 12. Israel Smart Homes Market Outlook, 2016-2026 12.1. Market Size & Analysis 12.1.1. Revenues 12.2. Market Share & Analysis 12.2.1. By Technology 12.2.2. By Software & Service 12.2.3. By Product Type 13. Turkey Smart Homes Market Outlook, 2016-2026

13.1. Market Size & Analysis 13.1.1. Revenues 13.2. Market Share & Analysis 13.2.1. By Technology

13.2.2. By Software & Service 13.2.3. By Product Type 14. Middle East Smart Homes Market Policies, Regulations, Product Standards

15. Middle East Smart Homes Market Trends & Insights Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: (2016-19) Base Year: 2020

Table of Content (8/9)

Forecast Year: (2021-26) Table of Content

16. Middle East Smart Homes Market Dynamics 16.1. Growth Drivers 16.2. Challenges 16.3. Impact Analysis 17. Middle East Smart Homes Market Hotspot & Opportunities 18. Middle East Smart Homes Market Key Strategic Imperatives for Success & Growth 19. Competition Outlook 19.1. Competition Matrix 19.1.1. Product/ Solution Portfolio 19.1.2. Target Markets 19.1.3. Target End Users 19.1.4. Research & Development 19.1.5. Strategic Alliances

19.1.6. Strategic Initiatives 19.2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans) 19.2.1. ABB Ltd. 19.2.2. Johnson Controls 19.2.3. United Technologies Corporation

19.2.4. Emerson Electronics Co. 19.2.5. Honeywell International, Inc. Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: (2016-19) Base Year: 2020

Table of Content (9/9)

Forecast Year: (2021-26) Table of Content

19.2.6. Legrand S.A. 19.2.7. Lutron Electronics, Inc. 19.2.8. Schneider Electric S.A. 19.2.9. Siemen AG 19.2.10. Robert Bosch GmbH 19.2.11. Samsung Electronics Co., Ltd.

19.2.12. Haier Group 19.2.13. Crestron Electronics, Inc. 19.2.14. LG Electronics, Inc. 20. Disclaimer

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Document Outline

Table of Content Market Segmentation, Scope of Work

Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile

Sample Pages Middle East Smart Homes Market Analysis, 2021

Commercials Company Profile About the company

Contact Details

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Middle East Smart Homes Market Outlook, 2016-2026F

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

Middle East Smart Homes Market Analysis, 2016-2026F Figure XX: Middle East Smart Homes Market Revenues (USD Million) 2016- 2026F

Revenue: XX%

CAGR

CAGR

Revenue: XX%

2016

2017

2018

2019

2020

2021F Revenue (USD million)

*These are dummy charts and do not represent actual value

2022F

2023F

2024F

2025F

2026F

Source: MarkNtel Advisors, E: Estimated, F: Forecast

Market at a Glance • The Middle East Smart Homes market had captured considerable market share during 2016-2019. The growth of the market is accredited to burgeoning spending of the customer on smart home systems, a high influx of new residential developments, growing awareness of this unique technology such as 5G, AI, IoT, and rapid urbanization. However, the outbreak of COVID-19 has had a profound impact on the demand for smart home solutions as consumers started to reprioritize their spending on smart home devices.

• Moreover, a significant surge in investment in smart home infrastructure projects, rising demand for energy-saving devices such as thermostats, smart bulbs, smart outlets, and surging inclination toward real-time home security are anticipated to propel the demand for various smart home solutions over the coming years.

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Middle East Smart Homes Market, By Technology (1/4) Figure XX: Middle East Smart Homes Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Technology, 20162026F

Market Revenue, By Technology

Market Size, By Technology (USD Million)

Inner Circle: 2020; Outer Circle: 2026

Cellular Network Technologies Protocols and Standards Wireless Communication Technologies

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Cellular Network Technologies

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Protocols and Standards

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Wireless Communicatio n Technology

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

Introduction • Wireless communication technology held a substantial share in the Middle East smart homes market during 2016-2020 and is expected to grow at an influential rate in the forecasted period as well. It is mainly due to the surge in the adoption of smartphones and 3G & 4G internet speed in the Middle East coupled with the diverse IoT solution which helps in providing long-range communication in smart homes. The increasing IoT solution that can fit best in smart homes and ensure high bandwidth, longer connectivity with inexpensive batteries that last for many years is expected to enhance the market demand for wireless communication technology.

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Middle East Smart Homes Market, By Technology(2/4) Figure XX: Middle East Smart Homes Market Opportunity Metrix, By Revenues, By Technology, 2021-26 100%

XX Growth, XX Market Share

High

Protocols and Standards • Protocols and standard technology acquired a

XX

significant presence in the Middle East smart Market Share (%)

home market during 2016-2019.

• As protocols and standard technology allow easy compatibility with new technology and devices

50%

and helps in performing better functions. Middle Eastern countries are vulnerable to the threat that

new

XX

XX

devices

pose

owing

to

the

lack

of

compatibility among them.

• Therefore, in the coming years market share of

0%

Low 0%

High 13%

25%

protocols and standard technology is expected to be low owing to the emerging new technology, devices resist in connecting with the immature technology.

CAGR 2021-2026F Source: MarkNtel Advisors,

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

• XX

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Middle East Smart Homes Market, By Software & Service (1/4) Figure XX: Middle East Smart Homes Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Software & Service, 2016- 2026F

Market Revenue, By Software & Service

Market Size, By Software & Service (USD Million)

Inner Circle: 2020; Outer Circle: 2026

Behavioural

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Behavioural

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Proactive

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Proactive

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

Introduction • Behavioral-type software and services are expected to account for a significant market share in 2021-2026. The increasing connectivity between machine-to-machine solutions and the Internet of Things is driving the growth of the smart home and energy management markets, which has, in turn, influenced the market growth for software and services for smart homes. The behavioral type software and services help analyze energy-related data and forward it to end-users. It also provides direct feedback to end-users, regarding the realtime energy data, along with the historical data reflecting energy usage. Therefore, behavioral type software and services are likely to hold Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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Middle East Smart Homes Market, By Software & Service (2/4) Figure XX: Middle East Smart Homes Market Opportunity Metrix, By Revenues, By Software & Service, 2021-26 100%

XX Growth, XX Market Share

High

Behavioral • The behavioral software and service hold the

XX

largest share in the Middle East smart home Market Share (%)

market during 2016-2020. The adoption of smart appliances, security control appliances, HVAC control products in a smart home can be easily

50%

managed by behavioral software and service solutions. This software tracks the real-time data

of all the appliances in the smart home and sent timely feedback to the engineer that can repair the

XX

product before any signal of fault started showing.

0%

Low 0%

High 13%

25%

Thus, the behavioral software and service save lots of energy, enhance the security of the smart home. Hence, the market share of behavioral software and service is expected to escalate in the

CAGR 2021-2026F Source: MarkNtel Advisors,

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

forecasted period as well.

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Middle East Smart Homes Market, By Product Type (1/8) Table XX: Middle East Smart Homes Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Product Type, 20162026F Product Type

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Entertainment Control

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Security & Access Control

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

HVAC Control

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Smart Home Appliances

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Smart Kitchen

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Smart Lighting Control

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Smart Furniture

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Others

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Source: MarkNtel Advisors

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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UAE Smart Homes Market Outlook, 2016-2026F

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

UAE Smart Homes Market Analysis, 2016-2026F Figure XX: UAE Smart Homes Market Revenues (USD Million) 2016- 2026F

Revenue: XX%

CAGR

CAGR

Revenue: XX%

2016

2017

2018

2019

2020

2021F Revenue (USD million)

*These are dummy charts and do not represent actual value

2022F

2023F

2024F

2025F

2026F

Source: MarkNtel Advisors, E: Estimated, F: Forecast

Market at a Glance • UAE Smart homes market captures a considerable share during 2016-2019. The snowballing demand for smart consumer electronic products integrated with advanced technologies such as artificial intelligence and IoT, booming urban populace along soaring investment in the construction of new and smart buildings are factors anticipated to the growth of the UAE smart homes market. The UAE smart homes market is expected to grow in the forecasted period owing to the are rising government initiative such as Smart Dubai, Smart Homes for civilians, increasing government investment in smart cities, and propelling collaboration with a Chinese tech firm to build smart homes. Moreover, escalating internet connectivity, mounting inclination towards energy efficiency, and increasing customer preferences for networked and high-tech homes due to rise in per capita income. Therefore, these are predicted to boost the growth of Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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UAE Smart Homes Market, By Technology (1/4) Figure XX: UAE Smart Homes Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Technology, 2016- 2026F

Market Revenue, By Technology

Market Size, By Technology (USD Million)

Inner Circle: 2020; Outer Circle: 2026

Cellular Network Technologies Protocols and Standards Wireless Communication Technologies

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Cellular Network Technologies

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Protocols and Standards

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Wireless Communicatio n Technology

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

Introduction • Based on technology, wireless communication technologies acquired the highest market share during 2016-2020. The adoption of smart LEDs due to its declining cost and is energy-efficient light along with the inclination towards PoE lighting solutions across the commercial & industrial sector, and the increasing government initiative such as the National Energy Efficiency Programme (NEEP) to encourage the customers to opt for cost-effective lighting solutions such as smart led lighting systems to lower the energy consumption.

• XX Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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UAE Smart Homes Market, By Technology(2/4) Figure XX: UAE Smart Homes Market Opportunity Metrix, By Revenues, By Technology, 2021-26 100%

XX Growth, XX Market Share

High

Cellular Network Technology • Cellular

XX

network

technology

acquired

a

considerable market share in UAE smart homes Market Share (%)

market during 2016-2020. The cellular network technology is considered more secure and quick to manage IoT and smart home deployments.

50%

• Also,

cellular

performance

and

track

enable

usage

and

preventative

maintenance and offer proactive services of home

XX

XX

networks

appliances by informing the engineer before the device shows any fault.

0%

Low 0%

High 13%

• XX

25%

• XX CAGR 2021-2026F Source: MarkNtel Advisors,

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

• XX

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UAE Smart Homes Market, By Software & Service (1/4) Figure XX: UAE Smart Homes Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Software & Service, 20162026F

Market Revenue, By Software & Service

Market Size, By Software & Service (USD Million)

Inner Circle: 2020; Outer Circle: 2026

Behavioural

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Behavioural

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Proactive

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Proactive

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

Introduction • Proactive software and service captured significant market share in UAE smart homes during 2016-2019. The surging urban population is increasing and female employees have been increased in the country. Thus, to ensure security at home proactive software and service demand is increasing as one can control all the appliances in the home by sitting at a remote location. Moreover, proactive software and service offers security and improves appliances' functionality, and ensures comfort and peace of mind to the consumer.

• XX Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

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UAE Smart Homes Market, By Product Type (1/4) Table XX: UAE Smart Homes Market Revenue (USD Million), By Product Type, 2016- 2026F Product Type

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Entertainment Control

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Security & Access Control

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

HVAC Control

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Smart Home Appliances

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Smart Kitchen

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Smart Lighting Control

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Smart Furniture

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Others

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Source: MarkNtel Advisors

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

26

Document Outline

Table of Content Market Segmentation, Scope of Work

Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile

Sample Pages Middle East Smart Homes MarketAnalysis, 2021

Commercials Company Profile About the Company

Contact Details

Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.

02

13

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57 59

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+1 (604) 800-2671, +91 8719999009 sales@marknteladvisors.com

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