The Chinese smart home market is likely to show double digit growth rate (CAGR) during the period 2018 - 2024. Smart home is a system that allows home owner to control and monitor different devices in home including the heating, lighting, security, and entertainment, automatically and sometimes remotely via the Internet. In China, household penetration for smart home applications is estimated at just over 3% in 2017. For more details, please visit: https://www.reportsellers.com/market-research-report/China-Smart-Home-Market-Volume-Household-Penetration--Key-Company

1. Market Research Report
China Smart Home Market
Volume, Household Penetration & Key Company
Profiles - Forecast to 2024
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Report Description
• The Chinese smart home market is likely to show double digit growth rate (CAGR) during the period
2018 - 2024.
• Smart home is a system that allows home owner to control and monitor different devices in home
including the heating, lighting, security, and entertainment, automatically and sometimes remotely via
the Internet.
• In China, household penetration for smart home applications is estimated at just over 3% in 2017. The
favorable policies and the coming of Internet of Things laid solid foundation for smart home market in
China.
• Furthermore, initiatives such as National New-type Urbanization Plan, Chinas 12th five-year
Development Plan, Smart Cities Projects and Made in China 2025 strategy, are likely to fuel the growth
of China smart home market.

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Report Description
• In addition to country-wide initiatives, large corporations in China, from technology giants to white
goods manufacturers, are placing big bets on the Chinese smart home market.
• Several major Chinese giants like Baidu, Xiaomi, Alibaba, Haier and many others have already entered
the market for smart home products.
• The growth of smart home market is attributed to factors such as significantly growing IoT market,
government support, increasing urbanization & growing awareness for smart home technology, and
increasing importance of home monitoring from remote locations.
• With the increasing demand of smart home devices, security and privacy breach is also increasing. The
issues pertaining to privacy and security breach are restraining the growth of the smart home market.

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China Smart Home Market - By Application Areas
• Smart Appliances captured maximum share of the China smart home market in 2017.
• Security is the second largest application segment of the China smart home market capturing over
20% share in 2017.
• Control and Connectivity is the third leading application of smart home market, being followed by
Home Entertainment segment.
• In 2017, the revenue in the Comfort and Lighting segment amounts to just over US$ 650 Million.
• Energy Management captured least share of the China smart home market.

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China Smart Home Active Households - By Application Areas
• Smart Appliances captured highest share of the China Smart Home active households in 2017, being
followed by Control and Connectivity segment.
• In China, the household penetration for Home Entertainment application is estimated at 0.8% in
2017.
• Energy Management application captured least share of the Smart Home active households with
over 7% share in 2017.

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Report Features
This 150 Page report with 49 Figures and 5 Tables has been analyzed from 8 viewpoints:
1. China Smart Home Market, Volume, Household Penetration & Forecast (2014 - 2024)
2. China Smart Home Market Share Analysis - By Application Areas (2014 - 2024)
3. China Smart Home Active Households Share - By Application Areas (2014 - 2024)
4. China Smart Home Market, Number of Active Households & Households Penetration - By Application
Areas (2014 - 2024)
5. China Smart Home Market Funding
6. China IoT / Smart Homes Market - Policies, Trends and Standards & Government Role
7. China Smart Home - Key Company Profiles
8. China Smart Home - Growth Drivers and Challenges

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China Smart Home Market - Application Areas
1. Control and Connectivity (Home Automation)
2. Comfort and Lighting (Home Automation)
3. Home Entertainment
4. Smart Appliances
5. Energy Management
6. Security Application
Key Companies Analyzed
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
10. China Unicom

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Research Methodologies
Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups,
Telephonic Interview, etc.
Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal
Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies
Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a
large number of Paid Databases.
Date of Publishing Feb, 2018
No. of Pages 150
Single User Price US$ 1600

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