Table of Content

1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 MARKET DEFINITION AND SCOPE 32
1.2.1 INCLUSIONS AND EXCLUSIONS 33
1.3 STUDY SCOPE 34
FIGURE 1 SEGMENTATION OF HOME AUTOMATION SYSTEM MARKET 34
1.3.1 YEARS CONSIDERED 34
1.4 CURRENCY AND PRICING 35
1.5 STAKEHOLDERS 35
1.6 SUMMARY OF CHANGES 35

2 RESEARCH METHODOLOGY 37
2.1 RESEARCH DATA 37
FIGURE 2 HOME AUTOMATION SYSTEM MARKET: RESEARCH DESIGN 37
2.1.1 SECONDARY DATA 38
2.1.1.1 Major secondary sources 38
2.1.1.2 Key data from secondary sources 39
2.1.2 PRIMARY DATA 39
2.1.2.1 Key data from primary sources 39
2.1.2.2 Breakdown of primaries 40
2.1.3 SECONDARY AND PRIMARY RESEARCH 41
2.1.3.1 Key industry insights 42
2.2 MARKET SIZE ESTIMATION 42
2.2.1 BOTTOM-UP APPROACH 43
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1?BOTTOM-UP (DEMAND SIDE) – DEMAND FOR SMART THERMOSTATS 43
FIGURE 4 HOME AUTOMATION SYSTEM MARKET: BOTTOM-UP APPROACH 43
2.2.2 TOP-DOWN APPROACH 44
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)?REVENUE GENERATED FROM HOME AUTOMATION RELATED PRODUCTS 44
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)?ILLUSTRATION OF REVENUE ESTIMATION FOR ONE OF THE COMPANIES IN THE HOME AUTOMATION SYSTEM MARKET 45
FIGURE 7 HOME AUTOMATION SYSTEM MARKET: TOP-DOWN APPROACH 45
2.2.3 MARKET PROJECTIONS 45
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 46
FIGURE 8 DATA TRIANGULATION 46
_
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 47
2.4.1 ASSUMPTIONS 47
2.4.2 LIMITATIONS 47

3 EXECUTIVE SUMMARY 48
FIGURE 9 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 49
3.1 REALISTIC SCENARIO 50
3.2 OPTIMISTIC SCENARIO 50
3.3 PESSIMISTIC SCENARIO 50
FIGURE 10 HOME AUTOMATION SYSTEM MARKET: GROWTH PROJECTION BY
ADOPTING REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS 50
FIGURE 11 IMPACT OF COVID-19 ON THE HOME AUTOMATION SYSTEM MARKET 51
FIGURE 12 ON-PREMISES MANAGEMENT SYSTEMS ACCOUNTED FOR THE LARGER SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN 2019 51
FIGURE 13 BEHAVIORAL SOFTWARE & ALGORITHM SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGER MARKET SHARE IN 2020 52
FIGURE 14 HOME AUTOMATION SYSTEM MARKET FOR LIGHTING CONTROL SYSTEMS TO REGISTER THE HIGHEST GROWTH DURING FORECAST PERIOD 53
FIGURE 15 NORTH AMERICA TO ACCOUNT FOR THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN 2020 54

4 PREMIUM INSIGHTS 55
4.1 ATTRACTIVE OPPORTUNITIES IN THE HOME AUTOMATION SYSTEM MARKET 55
FIGURE 16 EASE OF USE AND AFFORDABILITY OF HOME AUTOMATION SYSTEMS DRIVING GROWTH IN THE HOME AUTOMATION SYSTEM MARKET 55
4.2 HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT 55
FIGURE 17 ON-PREMISES MANAGEMENT TO HOLD THE LARGEST SHARE
OF THE HOME AUTOMATION SYSTEM MARKET IN 2020 55
4.3 HOME AUTOMATION SYSTEM MARKET, BY SOFTWARE & ALGORITHM 56
FIGURE 18 MARKET FOR PROACTIVE SOFTWARE & ALGORITHMS TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 56
4.4 HOME AUTOMATION SYSTEM MARKET IN NORTH AMERICA,
BY PRODUCT VS. BY COUNTRY 56
FIGURE 19 LIGHTING CONTROL SYSTEMS AND THE US TO HOLD THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN NORTH AMERICA IN 2020 56
4.5 HOME AUTOMATION SYSTEM MARKET, BY PRODUCT 57
FIGURE 20 MARKET FOR LIGHTING CONTROL SYSTEMS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 57
4.6 HOME AUTOMATION SYSTEM MARKET, BY COUNTRY 57
FIGURE 21 THE US EXPECTED TO HOLD THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN 2020 57
_

5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 58
FIGURE 22 IMPACT OF DRIVERS AND OPPORTUNITIES ON THE HOME AUTOMATION SYSTEM MARKET 58
FIGURE 23 IMPACT OF RESTRAINTS AND CHALLENGES ON THE HOME AUTOMATION SYSTEM MARKET 59
5.2.1 DRIVERS 59
5.2.1.1 Growing homeownership among millennials worldwide 59
TABLE 1 MILLENNIAL HOME OWNERSHIP EXPERIENCED HIGHEST GROWTH
DURING 2017-2019 60
5.2.1.2 Increasing use of home automation systems among
the elderly population 60
5.2.1.3 Lower insurance costs for homeowners investing in
home security systems and increasing services offered by telecommunication companies 60
5.2.2 RESTRAINTS 61
5.2.2.1 High costs associated with the purchase and deployment of home automation systems 61
5.2.2.2 Lack of pre-installed home automation systems and provision in
pre-built homes 61
5.2.3 OPPORTUNITIES 61
5.2.3.1 Rapid urbanization in developing countries 61
5.2.3.2 Rising significance of IoT technology in home automation 62
FIGURE 24 INTERNET OF THINGS (IOT) MARKET, 2017–2022 (USD BILLION) 62
5.2.4 CHALLENGES 63
5.2.4.1 Compatibility issues with the integration of home automation systems from different manufacturers 63
5.2.4.2 Growing security concerns with home automation devices 63
5.2.4.3 Decline in the adoption of home automation shipments
due to COVID-19 63
5.3 TARIFFS AND REGULATIONS 64
5.3.1 NEGATIVE IMPACT OF TARIFFS ON HOME AUTOMATION PRODUCTS 64
5.3.2 POSITIVE IMPACT OF TARIFFS ON HOME AUTOMATION PRODUCTS 64
5.4 REGULATIONS 64
5.4.1 WI-FI: WI-FI ALLIANCE 64
5.4.2 Z-WAVE: Z-WAVE ALLIANCE 64
5.4.3 ZIGBEE: ZIGBEE ALLIANCE 64
5.4.4 BLUETOOTH LOW ENERGY (BLE): BLUETOOTH SIG 64
5.4.5 OTHERS 65
5.4.5.1 X10 by Pico Electronics 65
5.4.5.2 Insteon by Smartlabs 65
5.4.5.3 Thread by Thread Group 65
5.4.5.4 Universal Powerline Bus (UPB) by Powerline Control Systems 65
_
5.5 CASE STUDIES 65
5.5.1 LEGRAND HOME AUTOMATION SYSTEM DEPLOYED
AT A HISTORIC FARMHOUSE 65
5.5.2 SALES LEADER AND AUTHOR AT RESIDENTIAL TECH INSTALLS HOME SECURITY SYSTEM FROM RESIDEO 65
5.5.3 SMARTER HOME STORY: MICHELE AND ALEX 66
5.5.4 SMARTER HOME STORY: JONAS AND TINA 66
5.5.5 LEVITON DEPLOYED NEXT-GENERATION HOME AUTOMATION
IN NEW ORLEANS 66
5.5.6 CRESTRON ELECTRONICS PROVIDED SMART SHADE SOLUTIONS FOR COLORADO HOME 66
5.5.7 CRESTRON ELECTRONICS PROVIDED A SMART HOME SYSTEM FOR
4K VIDEO DISTRIBUTION 66
5.5.8 CRESTRON ELECTRONICS UPGRADES NEW JERSEY HOME
THROUGH HOME AUTOMATION 66
5.5.9 LUTRON PROVIDED LIGHTING CONTROL SOLUTIONS TO A LUXURY RESIDENCE IN THE UK 66
5.5.10 VANTAGE CONTROLS PROVIDED HOME AUTOMATION SOLUTIONS TO
HOMES IN THE US 67
5.6 AVERAGE SELLING PRICE (ASP) OF VARIOUS COMPONENTS OF
HOME AUTOMATION SYSTEMS 67
TABLE 2 AVERAGE SELLING PRICES OF VARIOUS COMPONENTS OF
HOME AUTOMATION SYSTEMS 67

6 INDUSTRY TRENDS 68
6.1 INTRODUCTION 68
6.2 VALUE CHAIN ANALYSIS 68
FIGURE 25 VALUE CHAIN ANALYSIS OF THE HOME AUTOMATION SYSTEM ECOSYSTEM: R&D AND MANUFACTURING PHASES CONTRIBUTE MAXIMUM VALUE 68
6.3 ECOSYSTEM/MARKET MAP 70
FIGURE 26 HOME AUTOMATION SYSTEM MARKET ECOSYSTEM 70
6.3.1 HOME AUTOMATION OEMS 71
6.3.2 SUPPLIERS 71
6.3.3 HOME AUTOMATION INTEGRATORS 71
6.3.4 DISTRIBUTORS 71
6.4 TECHNOLOGY TRENDS 72
6.4.1 DEVICE INTEROPERABILITY AND OPEN PLATFORMS 72
6.4.2 VOICE-CONTROLLED HOME AUTOMATION SYSTEMS 72
6.4.3 MULTIFUNCTIONAL SMART SWITCHES AND DISPLAYS 72
6.4.4 SMART AND ROBUST SECURITY SOLUTIONS 72
6.5 PATENT ANALYSIS 73
FIGURE 27 PATENT PUBLICATION TRENDS FOR HOME AUTOMATION SYSTEMS
IN THE LAST 5 YEARS 75
FIGURE 28 HOME AUTOMATION SYSTEM PATENTS PUBLISHED,
BY PERCENTAGE (2015–2019) 75
_
6.6 PORTER?S FIVE FORCES MODEL 76
TABLE 3 HOME AUTOMATION SYSTEM MARKET: PORTER?S FIVE FORCES ANALYSIS 76
6.7 TRADE DATA 76
6.7.1 RESIDENTIAL BUILDINGS DATA 76
TABLE 4 HOUSING UNITS IN THE US AND LONDON, 2017–2025 (MILLION UNITS) 77
7 HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT 78
7.1 INTRODUCTION 79
FIGURE 29 CLOUD-BASED MANAGEMENT SYSTEMS SEGMENT TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 79
TABLE 5 HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT,
2017–2025 (USD BILLION) 79
7.2 ON-PREMISES 80
7.2.1 ON-PREMISES MANAGEMENT SYSTEMS ALLOW USERS TO ACCESS THEIR DEVICES FROM A CENTRALIZED SYSTEM INSIDE THEIR HOMES 80
TABLE 6 ON-PREMISES HOME AUTOMATION SYSTEM MARKET, BY PRODUCT,
2017–2025 (USD BILLION) 80
TABLE 7 ON-PREMISES HOME AUTOMATION SYSTEM MARKET FOR SECURITY & ACCESS CONTROL, BY TYPE, 2017–2025 (USD BILLION) 80
TABLE 8 ON-PREMISES HOME AUTOMATION SYSTEM MARKET, BY REGION,
2017–2025 (USD BILLION) 81
7.3 CLOUD-BASED 81
7.3.1 CLOUD-BASED MANAGEMENT SYSTEMS REQUIRE CONNECTION TO THE COMPANY?S CLOUD SERVER FOR DEVICE CONTROL 81
TABLE 9 CLOUD-BASED HOME AUTOMATION SYSTEM MARKET, BY PRODUCT,
2017–2025 (USD MILLION) 82
TABLE 10 CLOUD-BASED HOME AUTOMATION SYSTEM MARKET FOR SECURITY & ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION) 82
TABLE 11 CLOUD-BASED HOME AUTOMATION SYSTEM MARKET, BY REGION,
2017–2025 (USD MILLION) 82

8 HOME AUTOMATION SYSTEM MARKET, BY PRODUCT 83
8.1 INTRODUCTION 84
FIGURE 30 MARKET FOR LIGHTING CONTROL SYSTEMS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 84
TABLE 12 HOME AUTOMATION SYSTEM MARKET, BY PRODUCT,
2017–2025 (USD BILLION) 84
8.2 LIGHTING CONTROL 85
FIGURE 31 HARDWARE COMPONENTS TO HOLD THE LARGEST SHARE OF THE LIGHTING CONTROL MARKET DURING THE FORECAST PERIOD 85
TABLE 13 HOME AUTOMATION SYSTEM MARKET FOR LIGHTING CONTROL,
BY OFFERING, 2017–2025 (USD MILLION) 86
TABLE 14 HOME LIGHTING SYSTEM MARKET, BY REGION, 2017–2025 (USD MILLION) 86
TABLE 15 NORTH AMERICA: HOME LIGHTING SYSTEM MARKET, BY COUNTRY,
2017–2025 (USD MILLION) 87
TABLE 16 EUROPE: HOME LIGHTING SYSTEM MARKET, BY COUNTRY,
2017–2025 (USD MILLION) 87
TABLE 17 APAC: HOME LIGHTING SYSTEM MARKET, BY COUNTRY,
2017–2025 (USD MILLION) 87
TABLE 18 ROW: HOME LIGHTING SYSTEM MARKET, BY REGION,
2017–2025 (USD MILLION) 88
TABLE 19 HOME LIGHTING SYSTEM MARKET, BY MANAGEMENT,
2017–2025 (USD MILLION) 88
8.2.1 HARDWARE 88
FIGURE 32 MARKET FOR LED DRIVERS AND BALLASTS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 88
TABLE 20 HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY COMPONENT,
2017–2025 (USD MILLION) 89
TABLE 21 HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY COMPONENT,
2017–2025 (MILLION UNITS) 89
TABLE 22 HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY REGION,
2017–2025 (USD MILLION) 90
TABLE 23 HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY REGION,
2017–2025 (MILLION UNITS) 90
TABLE 24 HOME LIGHTING SYSTEM MARKET FOR LED DRIVERS & BALLASTS,
BY REGION, 2017–2025 (USD MILLION) 91
TABLE 25 HOME LIGHTING SYSTEM MARKET FOR LED DRIVERS & BALLASTS,
BY REGION, 2017–2025 (THOUSAND UNITS) 91
FIGURE 33 OCCUPANCY SENSORS TO HOLD A LARGER SHARE OF LIGHTING CONTROL MARKET FOR SENSORS DURING THE FORECAST PERIOD 91
TABLE 26 HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY TYPE,
2017–2025 (USD MILLION) 92
TABLE 27 HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY TYPE,
2017–2025 (MILLION UNITS) 92
TABLE 28 HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY REGION,
2017–2025 (USD MILLION) 92
TABLE 29 HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY REGION,
2017–2025 (MILLION UNITS) 92
TABLE 30 HOME LIGHTING SYSTEM MARKET FOR SWITCHES, BY REGION,
2017–2025 (USD MILLION) 93
TABLE 31 HOME LIGHTING SYSTEM MARKET FOR SWITCHES, BY REGION,
2017–2025 (MILLION UNITS) 93
TABLE 32 HOME LIGHTING SYSTEM MARKET FOR DIMMERS, BY REGION,
2017–2025 (USD MILLION) 93
TABLE 33 HOME LIGHTING SYSTEM MARKET FOR DIMMERS, BY REGION,
2017–2025 (MILLION UNITS) 94
TABLE 34 HOME LIGHTING SYSTEM MARKET FOR RELAY UNITS, BY REGION,
2017–2025 (USD MILLION) 94
TABLE 35 HOME LIGHTING SYSTEM MARKET FOR RELAY UNITS, BY REGION,
2017–2025 (MILLION UNITS) 94
TABLE 36 HOME LIGHTING SYSTEM MARKET FOR GATEWAYS, BY REGION,
2017–2025 (USD MILLION) 95
TABLE 37 HOME LIGHTING SYSTEM MARKET FOR GATEWAYS, BY REGION,
2017–2025 (MILLION UNITS) 95
_
8.2.1.1 LED drivers & ballasts 95
8.2.1.1.1 Ballasts control the amount of current from the supply line voltage for proper lamp operation 95
8.2.1.2 Sensors 96
8.2.1.2.1 Types of sensors used in lighting controls include occupancy and daylight sensors 96
8.2.1.3 Switches 96
8.2.1.3.1 Manual on/off switches 97
8.2.1.3.1.1 Manual on/off switches are less complex and
cost-efficient 97
8.2.1.3.2 Electronic switches 97
8.2.1.3.2.1 Electronic switches include wireless switches,
sensor-based switches, and others 97
8.2.1.4 Dimmers 97
8.2.1.4.1 Wired dimmers 97
8.2.1.4.1.1 Wired dimmers can be segmented further into DALI, KNX, and DMX based on different standard protocols 97
8.2.1.4.2 Wireless dimmers 97
8.2.1.4.2.1 Wireless dimmers are operated remotely without using any wired connection 97
8.2.1.5 Relay units 98
8.2.1.5.1 Relay units include relays and smart controllable breakers 98
8.2.1.6 Gateways 98
8.2.1.6.1 Gateways act as protocol translators to ensure proper system interoperability 98
8.2.2 SOFTWARE 98
FIGURE 34 MARKET FOR CLOUD-BASED SOFTWARE IN LIGHTING CONTROL SYSTEMS TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 98
TABLE 38 HOME LIGHTING SYSTEM MARKET FOR SOFTWARE, BY DEPLOYMENT TYPE, 2017–2025 (USD MILLION) 99
8.2.2.1 Local/web-based software 99
8.2.2.1.1 Web-based lighting control systems have a built-in
web server 99
8.2.2.2 Cloud-based software 99
8.2.2.2.1 Cloud-based software provides shared processing of resources and data to users on demand 99
8.2.3 SERVICES 100
FIGURE 35 PROFESSIONAL SERVICES TO HOLD A LARGER SHARE IN THE LIGHTING CONTROL MARKET DURING THE FORECAST PERIOD 100
TABLE 39 HOME LIGHTING SYSTEM MARKET, BY SERVICES TYPE,
2017–2025 (USD MILLION) 100
8.2.3.1 Professional services 101
8.2.3.1.1 Professional services for lighting include auditing, designing, and consulting services 101
8.2.3.2 Installation & maintenance services 101
8.2.3.2.1 Installation services include the installation of lighting control systems 101
8.3 SECURITY AND ACCESS CONTROL 101
FIGURE 36 VIDEO SURVEILLANCE TO HOLD A LARGER SHARE OF THE MARKET FOR SECURITY AND ACCESS CONTROL DURING THE FORECAST PERIOD 102
TABLE 40 HOME AUTOMATION SYSTEM MARKET FOR SECURITY AND ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION) 102
TABLE 41 HOME AUTOMATION SYSTEM MARKET FOR SECURITY AND ACCESS CONTROL, BY REGION, 2017–2025 (USD MILLION) 102
8.3.1 VIDEO SURVEILLANCE 103
FIGURE 37 SOFTWARE COMPONENTS FOR VIDEO SURVEILLANCE SYSTEMS TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 103
TABLE 42 HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE,
BY OFFERING, 2017–2025 (USD MILLION) 103
TABLE 43 HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE,
BY REGION, 2017–2025 (USD MILLION) 104
TABLE 44 NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE, BY COUNTRY, 2017–2025 (USD MILLION) 104
TABLE 45 EUROPE: HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE, BY COUNTRY, 2017–2025 (USD MILLION) 104
TABLE 46 APAC: HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE,
BY COUNTRY, 2017–2025 (USD MILLION) 105
TABLE 47 ROW: HOME AUTOMATION SYSTEM FOR VIDEO SURVEILLANCE, BY REGION, 2017–2025 (USD MILLION) 105
TABLE 48 HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE,
BY MANAGEMENT, 2017–2025 (USD MILLION) 105
8.3.1.1 Hardware 106
FIGURE 38 CAMERAS TO HOLD THE LARGEST SHARE OF THE MARKET FOR HOME VIDEO SURVEILLANCE HARDWARE DURING THE FORECAST PERIOD 106
TABLE 49 VIDEO SURVEILLANCE MARKET FOR HARDWARE, BY COMPONENT,
2017–2025 (USD MILLION) 106
TABLE 50 VIDEO SURVEILLANCE MARKET FOR CAMERAS, BY TYPE,
2017–2025 (USD MILLION) 106
TABLE 51 VIDEO SURVEILLANCE MARKET FOR CAMERAS, BY TYPE,
2017–2025 (MILLION UNITS) 107
8.3.1.1.1 Cameras 107
8.3.1.1.1.1 Cameras capture video footage of places under surveillance and can operate nonstop 107
8.3.1.1.2 Monitors 107
8.3.1.1.2.1 Monitors project data obtained by cameras as the output of the surveillance system 107
8.3.1.1.3 Storage systems 107
8.3.1.1.3.1 Demand for IP-based surveillance storage systems and technologies has increased significantly with the introduction of IP cameras 107
8.3.1.1.4 Other accessories 108
8.3.1.1.4.1 Accessories are used for connecting various devices and enhancing video surveillance capabilities 108
8.3.1.2 Software/video analytics 108
8.3.1.2.1 Video analytics solutions automatically monitor cameras and alert users about unusual or suspicious events 108
8.3.1.3 Services 108
8.3.1.3.1 Cloud services include video recording, remote viewing, storage, management of alerts, and cybersecurity 108
8.3.2 ACCESS CONTROL 109
FIGURE 39 HARDWARE COMPONENTS TO HOLD THE LARGEST SHARE OF THE MARKET FOR ACCESS CONTROL DURING THE FORECAST PERIOD 109
TABLE 52 HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY OFFERING, 2017–2025 (USD MILLION) 109
TABLE 53 HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY REGION, 2017–2025 (USD MILLION) 110
TABLE 54 NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR
ACCESS CONTROL, BY COUNTRY, 2017–2025 (USD MILLION) 110
TABLE 55 EUROPE: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL,
BY COUNTRY, 2017–2025 (USD MILLION) 110
TABLE 56 APAC: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL,
BY COUNTRY, 2017–2025 (USD MILLION) 111
TABLE 57 ROW: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL,
BY REGION, 2017–2025 (USD MILLION) 111
TABLE 58 HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL,
BY MANAGEMENT, 2017–2025 (USD MILLION) 111
8.3.2.1 Hardware 112
FIGURE 40 MARKET FOR CARD-BASED READERS TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD 112
TABLE 59 ACCESS CONTROL MARKET FOR HARDWARE, BY TYPE,
2017–2025 (USD MILLION) 112
8.3.2.1.1 Card-based readers 113
TABLE 60 ACCESS CONTROL MARKET FOR CARD-BASED READERS, BY TYPE,
2017–2025 (USD MILLION) 113
TABLE 61 ACCESS CONTROL MARKET FOR CARD-BASED READERS, BY TYPE,
2017–2025 (THOUSAND UNITS) 113
TABLE 62 ACCESS CONTROL MARKET FOR SMART CARDS AND READERS, BY TYPE, 2017–2025 (USD MILLION) 113
8.3.2.1.1.1 Magnetic stripes and readers 114
8.3.2.1.1.1.1 A magnetic stripe card reads the information stored
on the magnetic stripe 114
8.3.2.1.1.2 Proximity cards and readers 114
8.3.2.1.1.2.1 A proximity card operates on RFID technology at a frequency of 125 kHz 114
8.3.2.1.1.3 Smartcards and readers 114
8.3.2.1.1.3.1 Smartcards are classified into two types: contact and contactless smartcards 114
8.3.2.1.1.4 Contact smartcards 115
8.3.2.1.1.4.1 Contact smartcards are required to make physical contact with the card reader 115
8.3.2.1.1.5 Contactless smartcards 115
8.3.2.1.1.5.1 Contactless smartcards operate without any direct physical contact with card readers 115
_
8.3.2.1.2 Biometric readers 115
TABLE 63 ACCESS CONTROL MARKET FOR BIOMETRIC READERS, BY TYPE,
2017–2025 (USD MILLION) 115
TABLE 64 ACCESS CONTROL MARKET FOR BIOMETRIC READERS, BY TYPE,
2017–2025 (THOUSAND UNITS) 116
8.3.2.1.2.1 Fingerprint recognition 116
8.3.2.1.2.1.1 There are two categories of fingerprint matching: minutiae-based and pattern-based 116
8.3.2.1.2.2 Palm recognition 116
8.3.2.1.2.2.1 Palm print matching techniques are of 3 types:
minutiae-, correlation-, and ridge-based 116
8.3.2.1.2.3 Iris recognition 117
8.3.2.1.2.3.1 Iris recognition is more detail-oriented and, thereby, provides a high level of security 117
8.3.2.1.2.4 Facial recognition 117
8.3.2.1.2.4.1 Facial recognition systems use numeric codes
called face prints 117
8.3.2.1.2.5 Voice recognition 117
8.3.2.1.2.5.1 Voice recognition identifies and authenticates an individual’s vocal modalities 117
8.3.2.1.3 Multi-technology readers 117
8.3.2.1.4 Electronic locks 118
TABLE 65 ACCESS CONTROL MARKET FOR ELECTRONIC LOCKS, BY TYPE,
2017–2025 (USD MILLION) 118
TABLE 66 ACCESS CONTROL MARKET FOR ELECTRONIC LOCKS, BY TYPE,
2017–2025 (THOUSAND UNITS) 118
8.3.2.1.4.1 Electromagnetic locks 118
8.3.2.1.4.1.1 Electromagnetic locks are simple to install and
attack-resistant 118
8.3.2.1.4.2 Electric strike locks 119
8.3.2.1.4.2.1 Electric strikes are simple to install and are designed for drop-in replacement of a standard strike 119
8.3.2.1.4.3 Smart locks 119
8.3.2.1.4.3.1 Smart locks perform locking and unlocking after receiving instructions from an authorized device 119
8.3.2.1.5 Controllers 119
TABLE 67 ACCESS CONTROL MARKET FOR CONTROLLERS, BY TYPE,
2017–2025 (USD MILLION) 119
8.3.2.1.5.1 Serial access controllers 120
8.3.2.1.5.1.1 Serial access controllers are connected through the
RS-485 communication interface 120
8.3.2.1.5.2 IP access controllers 120
8.3.2.1.5.2.1 An IP access controller identifies users and controls their entry and exit 120
8.3.2.1.6 Others 120
8.3.2.2 Software 120
FIGURE 41 MARKET FOR VISITOR MANAGEMENT SYSTEMS TO HOLD A LARGER SHARE DURING THE FORECAST PERIOD 121
TABLE 68 ACCESS CONTROL MARKET, BY SOFTWARE, 2017–2025 (USD MILLION) 121
8.3.2.2.1 Visitor management systems 121
8.3.2.2.1.1 Visitor management systems help track and control the entry of visitors to restricted areas in homes 121
8.3.2.2.2 Others 122
8.3.2.3 Services 122
FIGURE 42 SUPPORT AND MAINTENANCE SERVICES TO HOLD A LARGER SHARE
DURING THE FORECAST PERIOD 122
TABLE 69 ACCESS CONTROL MARKET, BY SERVICES, 2017–2025 (USD MILLION) 122
8.3.2.3.1 Installation and integration 123
8.3.2.3.1.1 Installation services include the deployment of door locks, controllers, readers, exit switches, emergency switches, and PCs 123
8.3.2.3.2 Support and maintenance 123
8.3.2.3.2.1 Support and maintenance services include periodical upgrading of software and hardware components 123