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2019 Smart Home Year in Review

Report Summary:

The smart home market was very busy in 2019, with a new competitors moving into many facets of the smart home market, incumbents in the midst of evolving to shifting market dynamics, and laggards exiting the market. From Strategy Analytics’ perspective, the market is in a state of “competitive turbulence”.

This report presents our perspectives on the key events in the market in 2019 and reviews our research and analytical findings of the year.

Table of Contents

1.      Executive Summary

2.      Selected Acquisitions, Events, and Milestones in 2019

2.1     Selected Smart Home Acquisitions in 2019

2.1.1       Eero shows where Amazon’s smart home ambitions reside beyond devices

2.1.2       ADT took a step forward and a step away in the North American smart home market

2.1.3       Resideo scooped up a trio of service-savvy smart home software companies in 2019

2.1.4       SnapAV-Control4 combination will be a boon to whole-home solution providers

2.1.5       eZLO acquired another underperforming smart home platform

2.2     Smart Home Market Entrances and Expansions

2.2.1       A new smart home standard in the works

2.2.2       Orange re-entered the smart home market

2.2.3       IKEA formed a smart home business unit and joined the Zigbee board of directors

2.2.4       Other Noteworthy Events

2.3     Global Smart Home Market Trends

2.4     Amazon and Google

3.      Key Research and Analytical Findings

3.1     Consumer Survey Results

3.2     Input and Digital Assistants

3.3     Big Tech Companies

3.4     Smart Home Surveillance Cameras and Video Doorbells

3.5     Interactive Security

3.6     Smart Door Locks

3.7     Emerging Trends and Use Cases

3.8     Smart Switches, Sockets, and Plugs

3.9     Fragmentation of Smart Home Platforms

3.10   Expanding Ecosystems

3.11   Artificial Intelligence beyond Voice

3.12   Wi-Fi and Mesh Networking

3.13   Questions for Further Consideration in 2020 and Beyond

4.      How Can We Help You?

Figure 1: 2019 Smart Home Acquisitions and Strategy Analytics’ Outlook

Figure 2: 24% of Fixed Broadband Households Have Smart Systems

Figure 3: The Global Smart Home Market Exceeded $100 Billion in 2019

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