China, as a country, offers enormous potential for the Smart home industry, also known as the home automation industry. China Smart Home Market is expected to be close to USD 37 Billion by the end of the year 2025. China smart home market is growing due to factors such as the high internet penetration rate, growth in the awareness of fitness and healthy lifestyles owning to the high disposable income in Chinese middle-class population; supportive government policy for IoT devices, great importance of home monitoring from remote locations; growth in the demand for energy- saving and low carbon emission solutions due to climate change; rapid proliferation of smartphones and smart gadgets; existence of market players focusing on expanding their smart home product portfolios; widespread concern about safety, security, and convenience.
A home is defined as where appliances and devices are controlled via a smartphone application or web portal as user interface devices connected through the internet. Smart home systems, includes lighting control systems, security systems, entertainment systems (audio and video), home appliances, and others; and smart home devices, including speakers, in particular, are some of the most substantial segments of the smart home market.
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Supportive policies by the Chinese Government for Smart Cities and the internet of things (IoT)
The Chinese government has taken proactive steps in making the policies for smart cities and the internet of things (IoT) that stimulates the China smart homes market. Projects for smart cities are not only an opportunity for domestic companies but also for MNC companies. Smart home is sub-part of IoT devices, means Chinese government policies will drive the China smart home market.
Product Category – Market, Household Penetration & Numbers
1. Control and Connectivity 2. Comfort and Lighting 3. Home Entertainment 4. Smart Appliances 5. Energy Management 6. Security
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This research report studies the China smart home automation from 10 view points:
1. Numbers & Forecast 2. Market & Forecast 3. Household Penetration & Forecast 4. Market Share, Numbers Share, Penetration Share & Forecast 5. Market, Number, Penetration analysis by (Control and Connectivity, Comfort and Lighting, Home Entertainment, Smart Appliances, Energy Management and Security.) 6. Funding in China Smart Homes Market 7. Recent Development in China Smart Home Market 8. China Smart City Pilot Projects and Financing 9. Policies, Trends and Standards & Government Role – China IoT / Smart Homes Market 10. Company Product Profiling of China Smart Homes
China Smart Homes 9 Company profile cover in this report
1. Chuango Security Technology Corp 2. HEIMAN CO., LIMITED 3. Sichuan Changhong Electric Co Ltd 4. Hisense Co. Ltd 5. Xiaomi Inc 6. Alibaba Group 7. JD.com 8. Baidu 9. Haier
All the Company in the report has been studied from 3 viewpoints
1. Company Overview 2. Smart Home Products 3. Initiatives / Development in IoT & Smart Homes
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Smart Speaker Market
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Key Topics Covered:
1. Introduction2. Research & Methodology3. Executive Summary4. China Smart Home Market Analysis to 2025
4.1 China Smart Home Market 4.2 Household Penetration 4.3 Active Household Number
5. Market Share – China Smart Home Analysis to 2025
5.1 Market Share – By Application 5.2 Smart Home Active Households Share – By Application 5.3 Households Penetration – By Application
6. Application – China Smart Home Market, Number of Active Households & Households Penetration
6.1 Energy Management 6.2 Comfort and Lighting 6.3 Home Entertainment 6.4 Control and Connectivity 6.5 Security 6.6 Smart Appliances
7. China Smart Home Market Funding8. Recent Development – China Smart Home Market
8.1 China Smart City Pilot Projects and Financing 8.2 Smart City Financing in China
9. Policies, Trends and Standards & Government Role – China IoT / Smart Homes Market
9.1 China IoT / Smart Homes Policies 9.2 China IoT Trends and Standards 9.3 Government’s Pivotal Role in China IoT Market
10. Company Analysis
10.1 Chuango Security Technology Corp 10.2 Heiman Co., Limited 10.3 Sichuan Changhong Electric Co Ltd 10.4 Hisense Co. Ltd 10.5 Xiaomi Inc 10.6 Alibaba Group 10.7 JD.com 10.8 Baidu 10.9 Haier
11. Driving Factors
11.1 Policies & Initiatives Driving Smart Homes 11.2 IoT Drives Smart Home Market 11.3 Cost Savings Due to the Adoption of Energy Conservation Systems 11.4 Increasing Urbanization & Growing Awareness for Smart Home Technology 11.5 Development of Connected Innovative Products 11.6 Tech-Savvy Chinese Consumers
12. Challenges
12.1 Security and Privacy Breach Concern 12.2 Cyber Security Concerns 12.3 Lack of Standardization & Inter-Operability
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