1. Market Research
  2. > Construction
  3. > Building Products
  4. > Smart Home Market Trends
GCC Smart Homes Market by Countries, Application, Company Analysis, Forecast

GCC Smart Homes Market by Countries, Application, Company Analysis, Forecast

  • May 2021
  • 200 pages
  • ID: 6075555
  • Format: PDF
  • Renub Research

Summary

Table of Contents

GCC Smart Homes Market by Countries, Application, Company Analysis, Forecast

IoT integration and internet penetration have led to the growth of the Smart Home industry around the world.
Many countries have adopted this technology, and in that race, GCC countries have made positive growth over the times. Smart homes facilitate monitoring and controlling mechanical operations inside residential areas, commercial setups, and other premises. The smart home operates on a centralized network that supports various software that controls and monitors the energy demand, security control, heating, and cooling system. The big markets for this technology are Saudi Arabia, UAE, Kuwait, Qatar, and Oman, among GCC countries. According to this research report, GCC Smart Home Market will be US$ 5,477.40 Million by 2027.

The driving force behind GCC smart homes market growth is increasing government initiatives, adopting IoT across the GCC countries, rising home securities, and surging adoption of smart devices. Besides, growing investment for the development of technologies and increasing demand for real-time security solutions. Furthermore, there have been growing construction activities across GCC countries in the upcoming years at the same time; ongoing residential and commercial projects have huge demand over HAVC system would further drive this market. As per our study, connected entertainment, say, wireless speaker, Smart TVs, video streaming, and connected health devices wearable’s has reached its maturity level in the GCC countries. For the year 2020, Gulf Cooperation Council Smart Home Industry was US$ 803.40 Million.

Facts about GCC Countries
Approx 60% of young populations in GCC countries under30 years.
Around 64% of the population’s own smartphones in the GCC countries and UAE have the highest adoption rate among all nations.
UAE users spend 3 to 4 hours daily on smartphones, whereas Saudi’s has the highest mobile videos playback around worldwide approx 90 million YouTube views every day.
According to the research, the market of GCC Home Automation Market will grow with a staggering CAGR of 31.55% during 2020-2027.

COVID-19 Impact on Middle East Smart Home Market

The GCC countries have reprioritised their investment in smart home devices because economic fallout has led to a more frugal approach towards spending. We expect that GCC countries see a greater focus on energy-saving devices eg- thermostats, switches etc. and entertainment devices. Economic uncertainty, constrained physical retail opportunities, installation limitations, disrupted manufacturing, and distribution have curbed consumer spending. But we believe that this spending shortfall is temporary.

This latest report "GCC Smart Homes Market by Countries (UAE, Saudi Arabia, Qatar, Bahrain, Kuwait), by Application (Lighting Control, HVAC Control Systems, Security & Access Controls, Entertainment Control Systems, Others), Companies (Johnson Controls, Schneider Electric, Emerson Electric, LG, LeGrand SA)" provides a detailed analysis of GCC Smart Home Industry.

GCC Smart Homes Market
Application - Market break from 5 viewpoints
1. Lighting Control
2. HVAC Control Systems
3. Security & Access Controls
4. Entertainment Control Systems
5. Others

United Arab Emirates Smart Homes Market
Application - Market Break up from 5 viewpoints
1. Lighting Control
2. HVAC Control Systems
3. Security & Access Controls
4. Entertainment Control Systems
5. Others

Saudi Arabia Smart Homes Market
Application - Market Break up from 5 viewpoints
1. Lighting Control
2. HVAC Control Systems
3. Security & Access Controls
4. Entertainment Control Systems
5. Others

Qatar Smart Homes Market
Application - Market Break up from 5 viewpoints
1. Lighting Control
2. HVAC Control Systems
3. Security & Access Controls
4. Entertainment Control Systems
5. Others

Kuwait Smart Homes Market
Application - Market Break up from 5 viewpoints
1. Lighting Control
2. HVAC Control Systems
3. Security & Access Controls
4. Entertainment Control Systems
5. Others

Bahrain Smart Homes Market
Application - Market Break up from 5 viewpoints
1. Lighting Control
2. HVAC Control Systems
3. Security & Access Controls
4. Entertainment Control Systems
5. Others

All companies have been covered from 3 viewpoints
• Overview
• Recent Development
• Revenue

Company Insights
1. Johnson Controls
2. Schneider Electric
3. Emerson Electric
4. LG
5. LeGrand SA

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Infrared Detector Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • $ 2499
  • January 2022
  • 145 pages

The global infrared detector market reached a value of US$ 437.3 Million in 2021. Looking forward, the analyst expects the market to reach US$ 737.4 Million by 2027, exhibiting a CAGR of 8.50% during 2022-2027. ...

  • World
  • Defense
  • Smart Home
  • Industry analysis

ref:plp2021

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on