UK Smart Home Market by Product Type (Smart Lighting, Smart Home Security & Surveillance, Smart Entertainment, and Smart Appliances), by Communication Protocol (Wi-Fi, Zigbee, Z-Wave, Bluetooth, and Thread), by Smart Home Hubs (Standalone Hubs and Built-in Hubs), by Voice Assistants Integration (Amazon Alexa, Google Assistant, Apple Siri, and Others), by Smart Home Compatibility with Smartphones (iOS and Android), by Installation, (DIY Installation and Professional Installation), and by Sales Channel (Online Retailers and Offline Retailers) – Opportunity Analysis and Industry Forecast, 2024–2030

UK Smart Home Market

Industry:  Consumer Goods | Publish Date: Jun 2024 | No of Pages:  140 | No. Tables:  104 | No. Figures:  69

UK Smart Home Market Overview

The UK Smart Home Market size was valued at USD 8.43 billion in 2023, and is predicted to reach USD 25.00 billion by 2030, at a CAGR of 16.8% from 2024 to 2030. A smart home, alternatively referred to as a connected home, denotes a dwelling furnished with sophisticated technology and automation setups facilitating the oversight and regulation of diverse household gadgets, appliances, and security mechanisms via a unified network. These intelligent contraptions are accessible for remote administration and frequently react to vocal directives or predetermined timetables, amplifying convenience, energy conservation, and safeguarding for inhabitants. Common components found in connected homes encompass smart thermostats, illumination arrangements, surveillance cameras, voice-activated aides, and an array of interconnected devices engineered to elevate the quality of domestic life.

Increasing Prevalence of Smart Homes and Connected Devices Boosts the Market Growth

The rising adoption of connected home technology and connected devices is a driving force behind the expansion of the UK smart home market trends. Household penetration of smart technology surged significantly in recent years, climbing from 14.9% in 2021 to 39.0% by 2022. Among the most coveted connected home features are lighting, heating, and security systems, with smart plugs gaining traction due to their remote power control capabilities.

Presence of Key Players Drives the UK Smart Home Market Growth

The presence of established industry players. These reputable companies maintain a strong market presence, offering consumers a wide range of choices and advanced robotic cleaning solutions. For example, Centrica's Hive, a prominent player in the connected home market, introduced an innovative connected home monitoring service. This service enables homeowners to conveniently protect their homes through smartphone access, likely bolstering the connected home market by providing more accessible and intuitive home security solutions.

Security and Data Privacy Acts as Barrier to the Market Expansion

The smart home market faces a significant barrier to its growth due to concerns surrounding the security of interconnected systems. Devices such as thermostats, cameras, and door locks are susceptible to hacking, posing risks to residents' privacy and safety. Weak passwords or inadequate Wi-Fi network security measures often contribute to this vulnerability. Hackers exploit these weaknesses to gain unauthorized access, potentially compromising devices or accessing sensitive information. To mitigate these risks, homeowners must prioritize strong password practices, regularly update device firmware, and strengthen home networks to reduce the threat of cyber-attacks and safeguard their connected homes from potential breaches.

Integration of Blockchain Technology into Smart Home Devices Presents Lucrative Opportunity for Market Expansion

The integration of blockchain technology into connected home devices offers a promising avenue for strengthening the security and privacy of connected home systems. Renowned for its robust security and transparent features, blockchain technology encrypts and securely stores sensitive connected home data, empowering users to control access permissions and minimizing the risk of unauthorized intrusion. By validating device identities, blockchain ensures that only trusted devices interact within the connected home network, while also automating tasks through tamper-proof smart contracts. 

Furthermore, blockchain decentralizes device control, mitigating vulnerabilities and streamlining access control and permissions management. The incorporation of blockchain into connected homes not only enhances security and privacy but also fosters a safer and more confidential connected home environment. Consequently, it is poised to unlock significant growth opportunities for the UK smart home market.

Competitive Landscape

Several market players operating in the UK smart home industry include LG Electronics, ASSA ABLOY, Amazon Inc., Samsung Electronics, Sony, Emerson Electronic Co., Johnson Controls International PLC, Centrica Connected Home Limited, Resideo Technologies Inc., Apple Inc., and others.

UK Smart Home Market Key Segments

By Product Type        

  • Smart Lighting     

    • Smart Bulbs

    • Smart Light Strips

    • Smart Switches

  • Smart Home Security and Surveillance    

    • Smart Cameras

    • Video Doorbells

    • Smart Locks

    • Security System

  • Smart Entertainment    

    • Smart TVs

    • Smart Speakers

    • Streaming Devices

  • Smart Appliances    

    • Smart Refrigerators 

    • Smart Ovens

    • Smart Washing Machines

    • Smart Dishwashers

    • Smart Home HVAC Management

    • Other Smart Appliances

By Communication Protocol        

  • Wi-Fi    

  • Zigbee    

  • Z-wave    

  • Bluetooth    

  • Thread    

By Smart Home Hubs        

  • Standalone Hubs    

  • Built-in Hubs     

By Voice Assistants Integration        

  • Amazon Alexa    

  • Google Assistant    

  • Apple Siri    

  • Others    

By Smart Home Compatibility with Smartphones        

  • iOS    

  • Android    

By Installation        

  • DIY Installation    

  • Professional Installation    

By Sales Channel        

  • Online Retailers    

  • Retailers

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 8.43 Billion

Revenue Forecast in 2030

USD 25.00 Billion

Growth Rate

CAGR of 16.8% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Billion (USD)

Growth Factors

  • Increasing prevalence of smart homes and connected devices boosts the market growth.

  • Presence of key players fuels the market growth

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Test

1      INTRODUCTION

           1.1      REPORT DESCRIPTION

           1.2      RESEARCH METHODOLOGY

                         1.2.1      SECONDARY RESEARCH

                         1.2.2      DATA ANALYSIS FRAMEWORK

                         1.2.3      MARKET SIZE ESTIMATION

                         1.2.4      FORECASTING

                         1.2.5      PRIMARY RESEARCH AND DATA VALIDATION

2      UK SMART HOME MARKET – EXECUTIVE SUMMARY

           2.1.      MARKET SNAPSHOT, 2023 - 2030, MILLION USD

3      PORTER’S FIVE FORCE MODEL ANALYSIS

           3.1      BARGAINING POWER OF SUPPLIERS

           3.2      BARGAINING POWER OF BUYERS

           3.3      DEGREE OF COMPETITION

           3.4      THREAT OF SUBSTITUTE

           3.5      THREAT OF NEW ENTRANTS

4      MARKET SHARE ANALYSIS

           4.1      MARKET SHARE ANALYSIS OF TOP PROVIDERS, 2023

5      MARKET DYNAMICS

           5.1      GROWTH DRIVERS

                         5.1.1      DRIVER 1

                         5.1.2      DRIVER 2

                         5.1.3      DRIVER 3

                         5.1.4      DRIVER 4

           5.2      CHALLENGES

                         5.2.1      CHALLENGE 1

                         5.2.2      CHALLENGE 2

                         5.2.3      CHALLENGE 3

                         5.2.4      CHALLENGE 4

           5.3      OPPORTUNITIES

                         5.3.1      OPPORTUNITY 1

                         5.3.2      OPPORTUNITY 2

6       UK SMART HOME MARKET BY PRODUCT TYPE

           6.1      OVERVIEW

           6.2      SMART LIGHTING MARKET

                         6.2.1      SMART BULBS

                         6.2.2      SMART LIGHT STRIPS

                         6.2.3      SMART SWITCHES

           6.3      SMART HOME SECURITY AND SURVEILLANCE MARKET

                         6.3.1      SMART CAMERAS

                         6.3.2      VIDEO DOORBELLS

                         6.3.3      SMART LOCKS

                         6.3.4      SECURITY SYSTEM

           6.4      SMART ENTERTAINMENT MARKET

                         6.4.1      SMART TVS

                         6.4.2      SMART SPEAKERS

                         6.4.3      STREAMING DEVICES

           6.5      SMART APPLIANCES MARKET

                         6.5.1      SMART REFRIGERATORS

                         6.5.2      SMART OVENS

                         6.5.3      SMART WASHING MACHINES

                         6.5.4      SMART DISHWASHERS

                         6.5.5      SMART HOME HVAC MANAGEMENT

                         6.5.6      OTHER SMART APPLIANCES

7       UK SMART HOME MARKET BY COMMUNICATION PROTOCOL

           7.1      OVERVIEW

           7.2      WI-FI MARKET

           7.3      ZIGBEE MARKET

           7.4      Z-WAVE MARKET

           7.5      BLUETOOTH MARKET

           7.6      THREAD MARKET

8       UK SMART HOME MARKET BY SMART HOME HUBS

           8.1      OVERVIEW

           8.2      STANDALONE HUBS MARKET

           8.3      BUILT-IN HUBS MARKET

9       UK SMART HOME MARKET BY VOICE ASSISTANTS INTEGRATION

           9.1      OVERVIEW

           9.2      AMAZON ALEXA MARKET

           9.3      GOOGLE ASSISTANT MARKET

           9.4      APPLE SIRI MARKET

           9.5      OTHERS MARKET

10       UK SMART HOME MARKET BY SMART HOME COMPATIBILITY WITH SMARTPHONES

           10.1      OVERVIEW

           10.2      IOS MARKET

           10.3      ANDROID MARKET

11       UK SMART HOME MARKET BY INSTALLATION

           11.1      OVERVIEW

           11.2      DIY INSTALLATION MARKET

           11.3      PROFESSIONAL INSTALLATION MARKET

12       UK SMART HOME MARKET BY SALES CHANNEL

           12.1      OVERVIEW

           12.2      ONLINE RETAILERS MARKET

           12.3      RETAILERS MARKET

13   COMPANY PROFILES

           13.1   LG ELECTRONICS

                         13.1.1   COMPANY OVERVIEW

                         13.1.2   COMPANY SNAPSHOT

                         13.1.3   OPERATING BUSINESS SEGMENTS

                         13.1.4   PRODUCT PORTFOLIO

                         13.1.5   BUSINESS PERFORMANCE

                         13.1.6   BUSINESS SEGMENTS

                         13.1.7   GEOGRAPHIC SEGMENTS

                         13.1.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.1.9   PRIMARY MARKET COMPETITORS

           13.2   ASSA ABLOY

                         13.2.1   COMPANY OVERVIEW

                         13.2.2   COMPANY SNAPSHOT

                         13.2.3   OPERATING BUSINESS SEGMENTS

                         13.2.4   PRODUCT PORTFOLIO

                         13.2.5   BUSINESS PERFORMANCE

                         13.2.6   BUSINESS SEGMENTS

                         13.2.7   GEOGRAPHIC SEGMENTS

                         13.2.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.2.9   PRIMARY MARKET COMPETITORS

           13.3   AMAZON INC.

                         13.3.1   COMPANY OVERVIEW

                         13.3.2   COMPANY SNAPSHOT

                         13.3.3   OPERATING BUSINESS SEGMENTS

                         13.3.4   PRODUCT PORTFOLIO

                         13.3.5   BUSINESS PERFORMANCE

                         13.3.6   BUSINESS SEGMENTS

                         13.3.7   GEOGRAPHIC SEGMENTS

                         13.3.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.3.9   PRIMARY MARKET COMPETITORS

           13.4   SAMSUNG ELECTRONICS

                         13.4.1   COMPANY OVERVIEW

                         13.4.2   COMPANY SNAPSHOT

                         13.4.3   OPERATING BUSINESS SEGMENTS

                         13.4.4   PRODUCT PORTFOLIO

                         13.4.5   BUSINESS PERFORMANCE

                         13.4.6   BUSINESS SEGMENTS

                         13.4.7   GEOGRAPHIC SEGMENTS

                         13.4.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.4.9   PRIMARY MARKET COMPETITORS

           13.5   SONY

                         13.5.1   COMPANY OVERVIEW

                         13.5.2   COMPANY SNAPSHOT

                         13.5.3   OPERATING BUSINESS SEGMENTS

                         13.5.4   PRODUCT PORTFOLIO

                         13.5.5   BUSINESS PERFORMANCE

                         13.5.6   BUSINESS SEGMENTS

                         13.5.7   GEOGRAPHIC SEGMENTS

                         13.5.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.5.9   PRIMARY MARKET COMPETITORS

           13.6   EMERSON ELECTRONIC CO.

                         13.6.1   COMPANY OVERVIEW

                         13.6.2   COMPANY SNAPSHOT

                         13.6.3   OPERATING BUSINESS SEGMENTS

                         13.6.4   PRODUCT PORTFOLIO

                         13.6.5   BUSINESS PERFORMANCE

                         13.6.6   BUSINESS SEGMENTS

                         13.6.7   GEOGRAPHIC SEGMENTS

                         13.6.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.6.9   PRIMARY MARKET COMPETITORS

           13.7   JOHNSON CONTROLS INTERNATIONAL PLC

                         13.7.1   COMPANY OVERVIEW

                         13.7.2   COMPANY SNAPSHOT

                         13.7.3   OPERATING BUSINESS SEGMENTS

                         13.7.4   PRODUCT PORTFOLIO

                         13.7.5   BUSINESS PERFORMANCE

                         13.7.6   BUSINESS SEGMENTS

                         13.7.7   GEOGRAPHIC SEGMENTS

                         13.7.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.7.9   PRIMARY MARKET COMPETITORS

           13.8   CENTRICA CONNECTED HOME LIMITED

                         13.8.1   COMPANY OVERVIEW

                         13.8.2   COMPANY SNAPSHOT

                         13.8.3   OPERATING BUSINESS SEGMENTS

                         13.8.4   PRODUCT PORTFOLIO

                         13.8.5   BUSINESS PERFORMANCE

                         13.8.6   BUSINESS SEGMENTS

                         13.8.7   GEOGRAPHIC SEGMENTS

                         13.8.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.8.9   PRIMARY MARKET COMPETITORS

           13.9   RESIDEO TECHNOLOGIES INC.

                         13.9.1   COMPANY OVERVIEW

                         13.9.2   COMPANY SNAPSHOT

                         13.9.3   OPERATING BUSINESS SEGMENTS

                         13.9.4   PRODUCT PORTFOLIO

                         13.9.5   BUSINESS PERFORMANCE

                         13.9.6   BUSINESS SEGMENTS

                         13.9.7   GEOGRAPHIC SEGMENTS

                         13.9.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.9.9   PRIMARY MARKET COMPETITORS

           13.10   APPLE INC.

                         13.10.1   COMPANY OVERVIEW

                         13.10.2   COMPANY SNAPSHOT

                         13.10.3   OPERATING BUSINESS SEGMENTS

                         13.10.4   PRODUCT PORTFOLIO

                         13.10.5   BUSINESS PERFORMANCE

                         13.10.6   BUSINESS SEGMENTS

                         13.10.7   GEOGRAPHIC SEGMENTS

                         13.10.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         13.10.9   PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. UK SMART HOME MARKET VALUE, BY PRODUCT TYPE, 2023-2030, (MILLION USD)

TABLE 2. SMART LIGHTING, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 3. SMART BULBS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 4. SMART LIGHT STRIPS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 5. SMART SWITCHES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 6. SMART HOME SECURITY AND SURVEILLANCE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 7. SMART CAMERAS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 8. VIDEO DOORBELLS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 9. SMART LOCKS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 10. SECURITY SYSTEM, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 11. SMART ENTERTAINMENT, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 12. SMART TVS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 13. SMART SPEAKERS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 14. STREAMING DEVICES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 15. SMART APPLIANCES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 16. SMART REFRIGERATORS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 17. SMART OVENS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 18. SMART WASHING MACHINES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 19. SMART DISHWASHERS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 20. SMART HOME HVAC MANAGEMENT, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 21. OTHER SMART APPLIANCES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 22. UK SMART HOME MARKET VALUE, BY COMMUNICATION PROTOCOL, 2023-2030, (MILLION USD)

TABLE 23. WI-FI, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 24. ZIGBEE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 25. Z-WAVE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 26. BLUETOOTH, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 27. THREAD, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 28. UK SMART HOME MARKET VALUE, BY SMART HOME HUBS, 2023-2030, (MILLION USD)

TABLE 29. STANDALONE HUBS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 30. BUILT-IN HUBS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 31. UK SMART HOME MARKET VALUE, BY VOICE ASSISTANTS INTEGRATION, 2023-2030, (MILLION USD)

TABLE 32. AMAZON ALEXA, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 33. GOOGLE ASSISTANT, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 34. APPLE SIRI, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 35. OTHERS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 36. UK SMART HOME MARKET VALUE, BY SMART HOME COMPATIBILITY WITH SMARTPHONES, 2023-2030, (MILLION USD)

TABLE 37. IOS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 38. ANDROID, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 39. UK SMART HOME MARKET VALUE, BY INSTALLATION, 2023-2030, (MILLION USD)

TABLE 40. DIY INSTALLATION, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 41. PROFESSIONAL INSTALLATION, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 42. UK SMART HOME MARKET VALUE, BY SALES CHANNEL, 2023-2030, (MILLION USD)

TABLE 43. ONLINE RETAILERS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 44. RETAILERS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 45. LG ELECTRONICS: COMPANY SNAPSHOT

TABLE 46. LG ELECTRONICS: OPERATING BUSINESS SEGMENTS

TABLE 47. LG ELECTRONICS: PRODUCT PORTFOLIO

TABLE 48. LG ELECTRONICS: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 49. LG ELECTRONICS: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 50. LG ELECTRONICS: KEY STRATERGY

TABLE 51. ASSA ABLOY: COMPANY SNAPSHOT

TABLE 52. ASSA ABLOY: OPERATING BUSINESS SEGMENTS

TABLE 53. ASSA ABLOY: PRODUCT PORTFOLIO

TABLE 54. ASSA ABLOY: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 55. ASSA ABLOY: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 56. ASSA ABLOY: KEY STRATERGY

TABLE 57. AMAZON INC.: COMPANY SNAPSHOT

TABLE 58. AMAZON INC.: OPERATING BUSINESS SEGMENTS

TABLE 59. AMAZON INC.: PRODUCT PORTFOLIO

TABLE 60. AMAZON INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 61. AMAZON INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 62. AMAZON INC.: KEY STRATERGY

TABLE 63. SAMSUNG ELECTRONICS: COMPANY SNAPSHOT

TABLE 64. SAMSUNG ELECTRONICS: OPERATING BUSINESS SEGMENTS

TABLE 65. SAMSUNG ELECTRONICS: PRODUCT PORTFOLIO

TABLE 66. SAMSUNG ELECTRONICS: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 67. SAMSUNG ELECTRONICS: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 68. SAMSUNG ELECTRONICS: KEY STRATERGY

TABLE 69. SONY: COMPANY SNAPSHOT

TABLE 70. SONY: OPERATING BUSINESS SEGMENTS

TABLE 71. SONY: PRODUCT PORTFOLIO

TABLE 72. SONY: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 73. SONY: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 74. SONY: KEY STRATERGY

TABLE 75. EMERSON ELECTRONIC CO.: COMPANY SNAPSHOT

TABLE 76. EMERSON ELECTRONIC CO.: OPERATING BUSINESS SEGMENTS

TABLE 77. EMERSON ELECTRONIC CO.: PRODUCT PORTFOLIO

TABLE 78. EMERSON ELECTRONIC CO.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 79. EMERSON ELECTRONIC CO.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 80. EMERSON ELECTRONIC CO.: KEY STRATERGY

TABLE 81. JOHNSON CONTROLS INTERNATIONAL PLC: COMPANY SNAPSHOT

TABLE 82. JOHNSON CONTROLS INTERNATIONAL PLC: OPERATING BUSINESS SEGMENTS

TABLE 83. JOHNSON CONTROLS INTERNATIONAL PLC: PRODUCT PORTFOLIO

TABLE 84. JOHNSON CONTROLS INTERNATIONAL PLC: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 85. JOHNSON CONTROLS INTERNATIONAL PLC: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 86. JOHNSON CONTROLS INTERNATIONAL PLC: KEY STRATERGY

TABLE 87. CENTRICA CONNECTED HOME LIMITED: COMPANY SNAPSHOT

TABLE 88. CENTRICA CONNECTED HOME LIMITED: OPERATING BUSINESS SEGMENTS

TABLE 89. CENTRICA CONNECTED HOME LIMITED: PRODUCT PORTFOLIO

TABLE 90. CENTRICA CONNECTED HOME LIMITED: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 91. CENTRICA CONNECTED HOME LIMITED: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 92. CENTRICA CONNECTED HOME LIMITED: KEY STRATERGY

TABLE 93. RESIDEO TECHNOLOGIES INC.: COMPANY SNAPSHOT

TABLE 94. RESIDEO TECHNOLOGIES INC.: OPERATING BUSINESS SEGMENTS

TABLE 95. RESIDEO TECHNOLOGIES INC.: PRODUCT PORTFOLIO

TABLE 96. RESIDEO TECHNOLOGIES INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 97. RESIDEO TECHNOLOGIES INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 98. RESIDEO TECHNOLOGIES INC.: KEY STRATERGY

TABLE 99. APPLE INC.: COMPANY SNAPSHOT

TABLE 100. APPLE INC.: OPERATING BUSINESS SEGMENTS

TABLE 101. APPLE INC.: PRODUCT PORTFOLIO

TABLE 102. APPLE INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 103. APPLE INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 104. APPLE INC.: KEY STRATERGY

LIST OF FIGURES

FIGURE 1. BARGAINING POWER OF SUPPLIERS

FIGURE 2. BARGAINING POWER OF BUYERS

FIGURE 3. DEGREE OF COMPETITION

FIGURE 4. THREAT OF SUBSTITUTE

FIGURE 5. THREAT OF NEW ENTRANTS

FIGURE 6. UK SMART HOME MARKET VALUE, BY PRODUCT TYPE, 2023-2030, (MILLION USD)

FIGURE 7. SMART LIGHTING, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 8. SMART BULBS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 9. SMART LIGHT STRIPS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 10. SMART SWITCHES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 11. SMART HOME SECURITY AND SURVEILLANCE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 12. SMART CAMERAS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 13. VIDEO DOORBELLS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 14. SMART LOCKS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 15. SECURITY SYSTEM, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 16. SMART ENTERTAINMENT, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 17. SMART TVS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 18. SMART SPEAKERS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 19. STREAMING DEVICES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 20. SMART APPLIANCES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 21. SMART REFRIGERATORS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 22. SMART OVENS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 23. SMART WASHING MACHINES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 24. SMART DISHWASHERS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 25. SMART HOME HVAC MANAGEMENT, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 26. OTHER SMART APPLIANCES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 27. UK SMART HOME MARKET VALUE, BY COMMUNICATION PROTOCOL, 2023-2030, (MILLION USD)

FIGURE 28. WI-FI, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 29. ZIGBEE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 30. Z-WAVE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 31. BLUETOOTH, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 32. THREAD, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 33. UK SMART HOME MARKET VALUE, BY SMART HOME HUBS, 2023-2030, (MILLION USD)

FIGURE 34. STANDALONE HUBS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 35. BUILT-IN HUBS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 36. UK SMART HOME MARKET VALUE, BY VOICE ASSISTANTS INTEGRATION, 2023-2030, (MILLION USD)

FIGURE 37. AMAZON ALEXA, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 38. GOOGLE ASSISTANT, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 39. APPLE SIRI, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 40. OTHERS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 41. UK SMART HOME MARKET VALUE, BY SMART HOME COMPATIBILITY WITH SMARTPHONES, 2023-2030, (MILLION USD)

FIGURE 42. IOS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 43. ANDROID, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 44. UK SMART HOME MARKET VALUE, BY INSTALLATION, 2023-2030, (MILLION USD)

FIGURE 45. DIY INSTALLATION, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 46. PROFESSIONAL INSTALLATION, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 47. UK SMART HOME MARKET VALUE, BY SALES CHANNEL, 2023-2030, (MILLION USD)

FIGURE 48. ONLINE RETAILERS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 49. RETAILERS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 50. LG ELECTRONICS: NET SALES, (2021-2023)

FIGURE 51. LG ELECTRONICS: PRIMARY MARKET COMPETITORS

FIGURE 52. ASSA ABLOY: NET SALES, (2021-2023)

FIGURE 53. ASSA ABLOY: PRIMARY MARKET COMPETITORS

FIGURE 54. AMAZON INC.: NET SALES, (2021-2023)

FIGURE 55. AMAZON INC.: PRIMARY MARKET COMPETITORS

FIGURE 56. SAMSUNG ELECTRONICS: NET SALES, (2021-2023)

FIGURE 57. SAMSUNG ELECTRONICS: PRIMARY MARKET COMPETITORS

FIGURE 58. SONY: NET SALES, (2021-2023)

FIGURE 59. SONY: PRIMARY MARKET COMPETITORS

FIGURE 60. EMERSON ELECTRONIC CO.: NET SALES, (2021-2023)

FIGURE 61. EMERSON ELECTRONIC CO.: PRIMARY MARKET COMPETITORS

FIGURE 62. JOHNSON CONTROLS INTERNATIONAL PLC: NET SALES, (2021-2023)

FIGURE 63. JOHNSON CONTROLS INTERNATIONAL PLC: PRIMARY MARKET COMPETITORS

FIGURE 64. CENTRICA CONNECTED HOME LIMITED: NET SALES, (2021-2023)

FIGURE 65. CENTRICA CONNECTED HOME LIMITED: PRIMARY MARKET COMPETITORS

FIGURE 66. RESIDEO TECHNOLOGIES INC.: NET SALES, (2021-2023)

FIGURE 67. RESIDEO TECHNOLOGIES INC.: PRIMARY MARKET COMPETITORS

FIGURE 68. APPLE INC.: NET SALES, (2021-2023)

FIGURE 69. APPLE INC.: PRIMARY MARKET COMPETITORS

KEY PLAYERS

  • LG Electronics

  • ASSA ABLOY

  • Amazon Inc.

  • Samsung Electronics

  • Sony

  • Emerson Electronic Co.

  • Johnson Controls International PLC

  • Centrica Connected Home Limited

  • Resideo Technologies Inc.

  • Apple Inc.


Frequently Asked Questions
Which are the key players operating in the UK smart home market?

The key market players operating in the UK smart home market are LG Electronics, ASSA ABLOY, Amazon Inc., Samsung Electronics, Sony, Emerson Electronic Co., Johnson Controls International PLC, Centrica Connected Home Limited, Resideo Technologies Inc., and Apple, Inc.

What will be the size of the UK smart home market in 2030?

According to the Next Move Strategy Consulting, the size of the UK connected home market is estimated to be at USD 25.00 billion in 2030.

What are the opportunity factors that enhance the growth of the UK smart home market?

The integration of artificial intelligence and blockchain technology is expected to create opportunities for the UK connected home market.

What are the restraining factors which affect the growth of UK smart home market?

Security and data privacy concerns related to smart home appliances acts as restraining factors to the growth of UK smart home market.

What was the size of the UK smart home market in 2023?

According to the Next Move Strategy Consulting, the size of the UK smart home market is estimated at USD 8.43 billion in 2023.