This report was recently updated on April 19 2024 with the latest and most recent
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Global DIY Home Automation Market Size, Trends & Analysis - Forecasts to 2026 By Offerings (Hardware Services and Managed Services), By Technology (Network Technologies, Wireless Technologies, and Other Technologies), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis
A computerized home provides a variety of benefits to the end-user, including reduced energy consumption, protection from burglary, lodging, improved convenience, and insurance against unapproved entry into the home. Overall, security and energy have become critical drivers for the DIY smart home market’s growth and adoption. Previously, to mechanize a home, it was necessary to recreate or remodel it; however, this can now be easily prevented by using remote advanced devices. Moreover, they do not use cables and deploys sophisticated remote technologies that help to enjoy leisure time and ensure safety at self-establishments.
Home automation offers high-end technology solutions and automates the processes with the help of a sophisticated framework. Home automation improves the reliability and operational capability of home or household devices by allowing the user to monitor all the devices from a central location. Home automation is witnessing a skyrocketing demand from the global core demographics because consumers want personalized and professionally designed solutions that are at their fingertips and simple to use. Moreover, they demand products and services that save their time, are energy-efficient, and saves money. Recently, Honeywell and Tata Power Delhi Distribution launched a project for commercial and industrial facilities in India called Automated Demand Response. Tata Power Delhi distributors will use Honeywell technology to link more than 163 buildings in its distribution system. This is acting as a driver for DIY home automation in India.
One of the most enduring categories of the smart home automation sector is DIY. Home automation core demographics population has a passion to develop and construct their home with the latest automation solutions which are customized and enable conventional shipping for premium home automation products. The home automation market’s growth is projected to be further fuelled by increased understanding of effective energy use, rising power costs, and technical advances. Moreover, rising protection and safety issues fuel the acceptance of home automation systems globally.
DIY smart home market has seen significant growth in the complete savvy home sector in many developing nations, owing to the growing acceptance of IoT, especially in non-industrial countries. The global DIY smart home market is being powered by consumer demand for affordability, convenience, well-being, and stability, as well as an evolving trend in green and energy-efficient product setups. Remote control systems monopolize the home automation market, as smartphone applications and other innovative solutions are costly in emerging regions, and a lack of standardization is estimated to stymie the DIY home automation market's expansion.
The key market forces that are accelerating the DIY home automation market are the increased use of smartphone apps for home computerization and the emergence of advanced home solutions. Consumer awareness regarding home automation and various products has increased and hence the market will see significant growth. Recently, mobile connectivity has improved rapidly, and this is also a factor that has helped the market to boost. Moreover, increasing urbanization and improved lifestyle are also the factors that will help the market to grow significantly.
Based on offerings, the DIY home automation market can be segmented as hardware services and managed services. The managed services segment will have a larger share in the market. These segments include applications, services, and solutions. Most market participants earn money from monthly maintenance charges for testing and implementation which helps this segment to hold a prominent position in the market. Moreover, to increase their customer base, most players in this industry offer free hardware and installation services which are quite inexpensive which further helps the market to propel.
Based on technology, the DIY home automation market is divided into network technologies, wireless technologies, and other technologies. Wireless technology will be leading in this market. The most widely used networking infrastructure in modern alarm control systems is wireless telecommunication owing to its reliability and robust infrastructure. Earlier, to ‘automate' a house, it was necessary to rebuild or renovate it; however, this can now be conveniently prevented when using wireless technology. Wireless systems not only aim to prevent restoration, but they also make implementation simple and self-contained because they implement smart technology-based models. The introduction of wireless technology such as ZigBee and Bluetooth has streamlined the implementation of automatic control systems.
As per the geographical analysis, the market can be classified into North America (the US, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa and Central South America. Due to the advancements in technology, customer recognition, and easy internet access, North America leads the global home automation market. Owing to the presence of numerous major industry players in the home automation market and the growing partnership between main players and IT companies to develop solutions focused on IoT and AI, North America is projected to have the largest share. The demand for energy efficiency alternatives, as well as the increasing demands for green homes, has fuelled this region’s growth. APAC is leading in terms of CAGR. Lighting frameworks and protection control are influencing the county's DIY smart home growth and investment. The market is now expanding significantly in the emerging nations of APAC, because of the increased consumer consciousness for managing energy efficiently. The growing interest in cutting-edge job activities for the introduction of technologically advanced smart home solutions is projected to drive growth in the market.
Nest Labs, Inc., Honeywell International Inc., Assa Abloy Group, Acuity Brands, Inc., Johnson Controls Inc., Schneider Electric SE, United Technologies Corporation, Samsung Electronics Co. Ltd., Nest Labs, Inc., and Crestron Electronics, Inc. are the top players in the DIY home automation market.
Please note: This is not an exhaustive list of companies profiled in the report.
Chapter 1 Methodology
1.1 Market Scope & Definitions
1.2 Estimates & Forecast Calculation
1.3 Historical Data Overview And Validation
1.4 Data Sources
1.4.1 Secondary
1.4.2 Primary
Chapter 2 Report Outlook
2.1 DIY Home Automation Industry Overview, 2019-2026
2.1.1 Industry Overview
2.1.2 Offerings Overview
2.1.3 Technology Overview
2.1.4 Regional Overview
Chapter 3 DIY Home Automation Market Trends
3.1 Market Segmentation
3.2 Industry Background, 2019-2026
3.3 Market Key Trends
3.3.1 Positive Trends
3.3.1.1 Increasing urbanization and improved lifestyle
3.3.1.2 Mobile connectivity has improved rapidly
3.3.2 Industry Challenges
3.3.2.1 Limited Study and Industry Participants
3.4 Prospective Growth Scenario
3.4.1 Offerings Growth Scenario
3.4.2 Technology Growth Scenario
3.5 COVID-19 Influence over Industry Growth
3.6 Porter’s Analysis
3.7 PESTEL Analysis
3.8 Value Chain & Supply Chain Analysis
3.9 Regulatory Framework
3.9.1 North America
3.9.2 Europe
3.9.3 APAC
3.9.4 LATAM
3.9.5 MEA
3.10 Technology Overview
3.11 Market Share Analysis, 2020
3.11.1 Company Positioning Overview, 2020
Chapter 4 DIY Home Automation Market, By Offerings
4.1 Offerings Outlook
4.2 Hardware Services
4.2.1 Market Size, By Region, 2019-2026 (USD Million)
4.3 Managed Services
4.3.1 Market Size, By Region, 2019-2026 (USD Million)
Chapter 5 DIY Home Automation Market, By Technology
5.1 Technology Outlook
5.2 Network Technologies
5.2.1 Market Size, By Region, 2019-2026 (USD Million)
5.3 Wireless Technologies
5.3.1 Market Size, By Region, 2019-2026 (USD Million)
Chapter 6 DIY Home Automation Market, By Region
6.1 Regional outlook
6.2 North America
6.2.1 Market Size, By Country 2019-2026 (USD Million)
6.2.2 Market Size, By Offerings, 2019-2026 (USD Million)
6.2.3 Market Size, By Technology, 2019-2026 (USD Million)
6.2.4 U.S.
6.2.4.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.2.4.2 Market Size, By Technology, 2019-2026 (USD Million)
6.2.5 Canada
6.2.5.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.2.5.2 Market Size, By Technology, 2019-2026 (USD Million)
6.3 Europe
6.3.1 Market Size, By Country 2019-2026 (USD Million)
6.3.2 Market Size, By Offerings, 2019-2026 (USD Million)
6.3.3 Market Size, By Technology, 2019-2026 (USD Million)
6.3.4 Germany
6.2.4.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.2.4.2 Market Size, By Technology, 2019-2026 (USD Million)
6.3.5 UK
6.3.5.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.3.5.2 Market Size, By Technology, 2019-2026 (USD Million)
6.3.6 France
6.3.6.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.3.6.2 Market Size, By Technology, 2019-2026 (USD Million)
6.3.7 Italy
6.3.7.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.3.7.2 Market Size, By Technology, 2019-2026 (USD Million)
6.3.8 Spain
6.3.8.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.3.8.2 Market Size, By Technology, 2019-2026 (USD Million)
6.3.9 Russia
6.3.9.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.3.9.2 Market Size, By Technology, 2019-2026 (USD Million)
6.4 Asia Pacific
6.4.1 Market Size, By Country 2019-2026 (USD Million)
6.4.2 Market Size, By Offerings, 2019-2026 (USD Million)
6.4.3 Market Size, By Technology, 2019-2026 (USD Million)
6.4.4 China
6.4.4.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.4.4.2 Market Size, By Technology, 2019-2026 (USD Million)
6.4.5 India
6.4.5.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.4.5.2 Market Size, By Technology, 2019-2026 (USD Million)
6.4.6 Japan
6.4.6.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.4.6.2 Market Size, By Technology, 2019-2026 (USD Million)
6.4.7 Australia
6.4.7.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.4.7.2 Market size, By Technology, 2019-2026 (USD Million)
6.4.8 South Korea
6.4.8.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.4.8.2 Market Size, By Technology, 2019-2026 (USD Million)
6.5 Latin America
6.5.1 Market Size, By Country 2019-2026 (USD Million)
6.5.2 Market Size, By Offerings, 2019-2026 (USD Million)
6.5.3 Market Size, By Technology, 2019-2026 (USD Million)
6.5.4 Brazil
6.5.4.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.5.4.2 Market Size, By Technology, 2019-2026 (USD Million)
6.5.5 Mexico
6.5.5.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.5.5.2 Market Size, By Technology, 2019-2026 (USD Million)
6.5.6 Argentina
6.5.6.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.5.6.2 Market Size, By Technology, 2019-2026 (USD Million)
6.6 MEA
6.6.1 Market Size, By Country 2019-2026 (USD Million)
6.6.2 Market Size, By Offerings, 2019-2026 (USD Million)
6.6.3 Market Size, By Technology, 2019-2026 (USD Million)
6.6.4 Saudi Arabia
6.6.4.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.6.4.2 Market Size, By Technology, 2019-2026 (USD Million)
6.6.5 UAE
6.6.5.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.6.5.2 Market Size, By Technology, 2019-2026 (USD Million)
6.6.6 South Africa
6.6.6.1 Market Size, By Offerings, 2019-2026 (USD Million)
6.6.6.2 Market Size, By Technology, 2019-2026 (USD Million)
Chapter 7 Company Landscape
7.1 Competitive Analysis, 2020
7.2 Nest Labs, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Strategic Positioning
7.2.4 Info Graphic Analysis
7.3 Honeywell International Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Strategic Positioning
7.3.4 Info Graphic Analysis
7.4 Assa Abloy Group
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Strategic Positioning
7.4.4 Info Graphic Analysis
7.5 Acuity Brands, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Strategic Positioning
7.5.4 Info Graphic Analysis
7.6 Johnson Controls Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Strategic Positioning
7.6.4 Info Graphic Analysis
7.7 Schneider Electric SE
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Strategic Positioning
7.7.4 Info Graphic Analysis
7.8 United Technologies Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Strategic Positioning
7.8.4 Info Graphic Analysis
7.9 Samsung Electronics Co. Ltd.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Strategic Positioning
7.9.4 Info Graphic Analysis
7.10 Nest Labs, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Strategic Positioning
7.10.4 Info Graphic Analysis
7.11 Crestron Electronics, Inc.
7.11.1 Company Overview
7.11.2 Financial Analysis
7.11.3 Strategic Positioning
7.11.4 Info Graphic Analysis
The Global DIY Home Automation Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the DIY Home Automation Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
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