Monday, February 6, 2023

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Home Manufacturing And Construction Machinery And Parts Improvements in Supportive Technology and Government Efforts to Create Smart Cities Will...

Improvements in Supportive Technology and Government Efforts to Create Smart Cities Will Support the Growth of the Industry amid the Global Pandemic: Ken Research

Smart Cities and Government Initiatives: Countries Getting Future Proof

Governments across the GCC are taking initiatives to build Smart Cities using energy-efficient infrastructure and the possibilities for collecting big data and optimizing the efficacy of the Smart City System. Key to these endeavors will be Smart Homes, where the main focus will be Smart Lighting and Smart HVAC systems. Growth in these segments is projected to be very high because of this possible demand. Major Real estate developers are also partnering with IT firms to create apartments and villas compliant with the smart city initiatives of various governments. Emaar group and Xiaomi are a notable partnership where the Chinese giant’s smart technology will be a part of the Emaar group’s new residential real estate construction in the UAE.gcc-smart-home-industry

5G and the Era of Efficient Smart Home Devices

Smart Home devices have witnessed a stigma that has turned off many potential users, in that addition of so many devices on the home internet network will lead to slow browsing for the users and inefficient communication for smart devices. 5G services and the higher the bandwidth of data transmission speed they will offer showcases potential for efficient and non-disruptive data communication for smart devices and users on the network itself. 5G and Cellular IoT services will help improve data transmission speeds between devices while allowing the devices to consumer lower energy and thus become more energy efficient. Brands like STC, du, Etisalat and others have launched 5G services across the GCC and leave an open opportunity for partnerships and creating devices that leverage the speed that 5G networks can offer, thus expanding the scope for Smart Homes in the Future.

The Pandemic and the Slowdown on Global Economies

The novel Corona virus pandemic has affected all major industries by slowing down supply chains, limiting retail interaction and slowing down even online end to end delivers for non-essential purchasing. Smart Home and IT firms have also taken hits, with production lines slowing down and customer purchases decreasing. Saudi Arabia and the UAE are severely impacted as compared to other GCC members, with 4500+ and 4000+ infected cases in each country respectively. During these difficult times Smart Devices can be leveraged to share important information and measure essential vitals for their users. Smart speakers and phones can be updated to passively collect, analyze and transmit health information to local health authorities. Smart Speakers can also be used to analyze speech and cough patterns and present the user with a symptom survey then connect the patent to the nearest government help center if required.

The report titled GCC Smart Homes Market Outlook to 2025 Driven by Need for Energy Savings and Growing Preference towards Smart Entertainment Systems by Ken Research Suggest that the adoption for smart home devices in the GCC is expected to increase owing to the introduction of 5G, Growing Number of Smart City projects and increasing technological penetration. The market has however, taken a hit due to coronavirus which has affected the major manufacturing hubs across the globe and it is expected that the impact of the coronavirus is going to last until mid of 2021.

Key Segments Covered: –

GCC Smart Home Market

By Country

UAE

Saudi Arabia

Qatar

Kuwait

Oman

Bahrain

By Application

Lighting

HVAC

Security & Access Control

Entertainment System

Others

By Connection

Wired Connection

Wireless Connection

UAE Smart Home Market

By Application

Lighting

HVAC

Security & Access Control

Entertainment System

Others

By Cities

Dubai

Abu Dhabi

Sharjah

Rest of UAE

By Property

Villas

Townhouses

Apartments

By Type of Sales

Retail Sales

Project Sales

By End Users

Real Estate Developers

Integrator Firms

Individuals

Others

Saudi Arabia Smart Home Market

By Application

Lighting

HVAC

Security & Access Control

Entertainment System

Others

By Cities

Riyadh

Jeddah

Dammam

Rest of Saudi Arabia

By Property

Villas

Townhouses

Apartments

By Type of Sales

Retail Sales

Project Sales

By End Users

Real Estate Developers

Integrator Firms

Individuals

Others

Companies Covered:

Control4

Legrand

Johnson Controls

Schneider Electric

Emerson

LG

Siemens

Greentec Automation

Shifra Smart Home

Apex Smart Home

Alayoubi Technologies

Elettrico

Dots Tech Systems

Fast Net

Exotic International

Key Target Audience

Smart Home Integrators

Real Estate Developers

Smart Home Manufacturers

Home Automation Companies

Venture Capitalists and PE Firms

Time Period Captured in the Report: –

Historical Period – 2014-2019

Forecast Period – 2020-2024F

Key Topics Covered in the Report: –

Industry Pain Points

Potential Addressable Market

GCC Smart Home Market Size and Segmentation

UAE Smart Home Market Snapshot

Saudi Arabia Smart Home Market Snapshot

Trends and Developments in GCC market

Supply Infrastructure – Ecosystem for Types of Types of Smart Devices

Demand Infrastructure – Ecosystem for Types of End Users

Market Operation, Challenges and Modes of Entry

Technology Stack: Layers of Technology Used in Smart Devices

Competitive Landscape

Company Profiles

Future Landscape of the GCC Smart Home Market

Analyst Recommendation: Future Opportunities

For More Information on the Research Report, refer to below links: –

GCC Smart Home Industry Growth

Related Reports by Ken Research: –

Saudi Arabia LED Lighting Market Outlook To 2023- By Type Of LEDs (Lamps And Luminaires), By Usage (Indoor And Outdoor), By Sector (Commercial, Residential, Industrial, Healthcare, Hospitality And Others), By Region, By Sales (Project And Retail)

UAE LED Lighting Market Outlook To 2023- By LEDs Lamps (LED Reflectors, LED Tubes, Others); Luminaires (Downlights, Troffers, Outdoor Area Lights, Roadway Fixtures, Spot Lights And Other Luminaires), By Usage (Indoor And Outdoor), By End Users

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing and Communications

Ankur@kenresearch.com

+91-9015378249

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