China Smart Home Market, Number, Household Penetration & Key Company Analysis - Forecast to 2026
                     
China Smart Home Market - Overview
The China smart home market is predicted to reach nearly US$ 46 Billion by the year 2026. China offers a lucrative market 
opportunity for the Smart home industry. 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 around 8% in 2019.
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, China’s 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. By the end of 
2011, half of China’s population was living in cities. In 2019, urban population for China amounted to over 60%, creating 
enormous opportunity for smart home players. 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.
China - Smart Home Market (Billion US$), 2015-2019
Note: Dummy Data, Actual figures given in the report
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China Smart Home Market and Forecast
The growth of smart home market in China is attributed to factors such as significantly growing IoT 
market, government support, increasing urbanization & growing awareness for smart home technology, 
and increasing importance of home monitoring from remote locations. With the increasing demand of 
smart home devices, security and privacy breach is also increasing. The issues pertaining to privacy and 
security breach are restraining the growth of the smart home market.
China – Forecast For Smart Home Market (Billion US$), 2020-2026
Note: Dummy Data, Actual figures given in the report
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China Smart Home Market - By Application Areas
• In terms of Smart Home applications, By Application Areas – China Smart Home Market Share (Percent), 2019
Smart Appliances captured maximum 
share of the China smart home market. 
Smart Appliances are equipped with 
different sensors and designed with 
connectivity features that can connect to 
handheld devices such as smartphones 
and tablets as well as other household 
appliances.
• Control and Connectivity is the second 
largest application segment of the China 
smart home market, followed by Security By Application Areas – Forecast for China Smart Home Market Share (Percent), 2026
applications at the third spot. Control and 
Connectivity is at the heart of smart 
home solutions, enabling everything from 
smart appliances to lighting, from 
temperature control to security.
• Home Entertainment market captured 
nearly 15% share of the market in 2019, 
while the Energy Management 
application captured least share of the 
China smart home market.
Note: Dummy Data, Actual figures given in the report
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China Smart Home Active Households - By Application Areas
• On the basis of Smart Home volume, By Application Areas – Active Households Market Share (Percent), 2019
Control and Connectivity segment 
captured highest share of the China 
Smart Home active households in 2019, 
being followed by Home Entertainment 
segment. The growth of home 
automation and rapid developments in 
wireless smart technology has led to an 
explosion in the range of smart home 
entertainment devices, thus driving the 
market for smart home. 
• Comfort and Lighting and Smart 
Appliances segment accounted for third 
and fourth highest share of the China By Application Areas – Forecast for Active Households Market Share (Percent), 2026
Smart Home active households 
respectively in 2019. 
• While, Security application captured least 
share of the Smart Home active 
households in 2019. With improvement in 
network infrastructure, broadband and 
internet penetration has increased, and 
consumers are increasingly opting for 
wireless and technologically advanced 
products to ensure more security for their 
families. As the trend towards home 
automation and smart homes grows, the 
market will witness significant growth. Note: Dummy Data, Actual figures given in the report
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iGATE RESEARCH report titled “China Smart Home Market, 
Number, Household Penetration (by Application Areas), Funding, 
Policies, Trends & Key Company Profiles - Forecast to 2026” provides 
a comprehensive assessment of the fast-evolving, high-growth China 
Smart Home Industry.
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This 182 Page report with 48 Figures and 4 Tables has been analyzed from 8 viewpoints:
1. China Smart Home Market, Volume, Household Penetration & Forecast (2015 - 2026)
2. China Smart Home Market Share Analysis - By Application Areas (2015 - 2026)
3. China Smart Home Active Households Share - By Application Areas (2015 - 2026)
4. China Smart Home Market, Number of Active Households & Households Penetration –
     By Application Areas (2015 - 2026)
5. China Smart Home Market Funding
6. China IoT / Smart Homes Market - Policies, Trends and Standards & Government Role
7. China Smart Home Market - Key Company Profiles
8. China Smart Home Market - 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 
China Smart Home - Key Company Profiles
1. Chuango Security Technology Corp 8. Baidu
2. HEIMAN CO., LIMITED 9. Haier
3. Sichuan Changhong Electric Co Ltd 10. China Unicom
4. Hisense Co. Ltd 11. Samsung Electronics Co., Ltd.
5. Xiaomi Inc 12. LG Electronics Inc.
6. Alibaba Group 13. IKEA
7. JD.com
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“China Smart Home Market, Number, Household Penetration & K
ey Company Analysis - Forecast to 2026”
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