A smart home is a residence equipped with smart appliances and devices that can be automatically controlled remotely from anywhere with an internet connection using a mobile or other networked device.

Middle East Smart Homes Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of Middle East Smart Homes market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities

According to MarkNtel Advisors’ research report “Middle East Smart Homes Market Analysis, 2021”, the Middle East Smart Homes market is anticipated to grow at a CAGR of 24% during 2021-26F. The growth of the market is accredited to burgeoning spending of the customer on smart home systems, the high influx of new residential developments, growing awareness of this unique technology such as 5G, AI, IoT and rapid urbanization. Besides these, significant surge in investment on smart home infrastructure projects, rising demand for energy-saving devices such as thermostats, smart bulbs, smart outlets, and surging inclination toward real-time home security are anticipated to propel the demand for a various smart home solution over the coming years. However, the outbreak of COVID-19 has a profound impact on the demand for smart home solutions as consumers started to reprioritize their spending in smart home devices.

Market Segmentation
Proactive Grabbed the Largest Chunk
Based on Software & Service, Proactive grabbed the largest chunk in the Middle East Smart Homes market in 2019. The Proactive software and Services enable to transfer a large volume of data. The demand for this is surging as it eases in decreasing energy consumption by offering input to the user about energy usage. However, it also enables the customer to take proper actions to reduce energy consumption by sending a signal to the customer. Hence, this is expected to further propel the growth of Smart Homes market in the region in the coming years as stated by the MarkNtel Advisors’ research report “Middle East Smart Homes Market Analysis, 2021”.

Competitive Landscape

According to MarkNtel Advisors’, the key players with a considerable market share in the Middle East Smart Homes market are ABB Ltd., Johnson Controls, United Technologies Corporation, Emerson Electronics Co., Honeywell International, Inc., Legrand S.A., Lutron Electronics, Inc., Schneider Electric S.A., Siemen AG, Robert Bosch GmbH, Samsung Electronics Co., Ltd., Haier Group, Crestron Electronics, Inc., LG Electronics, Inc. etc.

Key Questions Answered in the Market Research Report:
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Middle East Smart Homes Market?
2. What is the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Middle East Smart Homes Market?
4. Who are the key competitors or market players and how they perform in Middle East Smart Homes Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Middle East Smart Homes Market study?

Market Outlook, Segmentation and Statistics:
1) Impact of COVID-19 on Middle East Smart Homes Market
2) Market Size & Analysis
a) By Revenues (USD Million)
3) Market Share & Analysis
a) By Technology
i) Cellular Network Technologies
ii) Protocols and Standards
iii) Wireless Communication Technologies
b) By Software & Service
i) Behavioral
ii) Proactive
c) By Product Type
i) Entertainment Controls
(1) Audio, Volume and Multimedia Room Controls
(2) Home Theater System Control
(3) Touchscreen and Keypads
ii) Security & Access Control
(1) Video Surveillance
(a) Hardware
(b) Software
(c) Services
(2) Access Control
(a) Non-Biometric Access Control
(b) Biometric Access Control
iii) HVAC Control
(1) Smart Thermostats
(2) Sensors
(3) Actuators
(4) Dampers
(5) Control Valves
(6) Heating and Cooling Coils
(7) Pumps & Fans
(8) Smart Vents
iv) Smart Home Appliances
(1) Smart Washer
(2) Smart Dryers
(3) Smart Water Heaters
(4) Smart Vacuum Cleaners
v) Smart Kitchen
(1) Smart Dishwashers
(2) Smart Refrigerators
(3) Smart Cookers
(4) Smart Ovens
(5) Smart Coffee Makers
(6) Smart Kettles
vi) Smart Lighting Control
(1) Dimmers
(2) Switches
(3) Relays
(4) Daylight Sensors
(5) Timers
(6) Others
vii) Smart Furniture
(1) Smart Tables
(2) Smart Stools and Benches
(3) Smart Sofas
(4) Smart Chairs
(5) Smart Desks
(6) Others (Smart Plugs, Smoke Detectors, Smart Meters)
d) By Country
i) UAE Smart Homes Market Outlook, 2016-2026F (USD Million)
ii) Saudi Arabia Smart Homes Market Outlook, 2016-2026F (USD Million)
iii) Qatar Smart Homes Market Outlook, 2016-2026F (USD Million)
iv) Kuwait Smart Homes Market Outlook, 2016-2026F (USD Million)
v) Oman Smart Homes Market Outlook, 2016-2026F (USD Million)
vi) Bahrain Smart Homes Market Outlook, 2016-2026F (USD Million)
vii) Turkey Smart Homes Market Outlook, 2016-2026F (USD Million)
viii) Egypt Smart Homes Market Outlook, 2016-2026F (USD Million)
ix) Israel Smart Homes Market Outlook, 2016-2026F (USD Million)
e) By Company
i) Revenue Shares
ii) Strategic Factorial Indexing
iii) Competitor Placement in MarkNtel Quadrant
f) Middle East Smart Homes Market Regulations, Policies, Product Standards
4) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles

Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Middle East Smart Homes Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Middle East Smart Homes Market during 2021-26F?
A. The Middle East Smart Homes Market is forecast to grow at a CAGR of 24% during 2021-26F.
Q. Who are the key competitors or players operating in Middle East Smart Homes Market?
A. ABB Ltd., Johnson Controls, United Technologies Corporation, Emerson Electronics Co., Honeywell International, Inc., Legrand S.A., Lutron Electronics, Inc., Schneider Electric S.A., Siemen AG, Robert Bosch GmbH, Samsung Electronics Co., Ltd., Haier Group, Crestron Electronics, Inc., LG Electronics, Inc. etc., are few of the leading players in the Middle East Smart Homes Market.
Q. Which technology would emerge as an opportunity area for players in Middle East Smart Homes Market?
A. Wireless Communication Technologies segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which country would emerge as an opportunity area for players in Middle East Smart Homes Market?
A. UAE continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Middle East Smart Homes Market.