Singapore Smart Home Market, Number, Household Penetration & Key Company Analysis - Forecast to 2025
                     
Singapore Smart Home Market - Overview
The smart home market in Singapore is estimated at over US$ 125 Million in 2018 and is predicted to grow at a 
double-digit rate during the forecast period to 2025. Smart homes are the residences that are equipped with 
information and computing technology devices that anticipates and responds to the requirement of the owner in 
an effective and efficient manner. There is a growing demand in the Singapore market for safe and secure living 
environment, especially concerning safety functionalities and discrete monitoring for elderly people.
In line with Singapore's Smart Nation vision to improve the quality of lives of Singaporeans through the use of 
digital technology and Big Data, Singapore's Housing and Development Board (HDB) has been leveraging a suite of 
smart technologies to improve the planning, development and management of public housing. With 
approximately 80 per cent of Singapore households living in public housing, various government agencies are 
working with industry players to develop and test smart home solutions in HDB estates. 
Singapore - Smart Home Market (Million US$), 2015-2018
Note: Dummy Data, Actual figures given in the report
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Singapore Smart Home Market and Forecast
The growth of Singapore smart home market is attributed to factors such as significantly growing IoT 
market, cost reduction measures enabled by home automation systems, manufacturers expanding their 
product portfolios, and increasing importance of home monitoring from remote locations. With the 
increasing demand of smart home devices, security and privacy breach is also increasing. The issues 
pertaining to privacy and security breach are restraining the growth of the smart home market.
Singapore – Forecast For Smart Home Market (Million US$), 2019-2025
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Singapore Smart Home Market - By Application Areas
By Application Areas – Singapore Smart Home Market Share (Percent), 2018
• Smart Appliances captured 
maximum share of the Singapore 
smart home market in 2018.
• Home Entertainment is the 
second largest application segment 
of the Singapore smart home 
market, being followed by Security 
segment.
By Application Areas – Forecast for Singapore Smart Home Market Share (Percent), 2025
 
• Comfort and Lighting segment 
captured least share of the Smart 
Home market in 2018.
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Singapore Smart Home Active Households - By Application Areas
By Application Areas – Active Households Market Share (Percent), 2018
• Control and Connectivity 
segment captured highest share 
of the Singapore Smart Home 
active households in 2018, being 
followed by Home Entertainment 
and Comfort and Lighting 
segment.
• In Singapore, the household 
penetration for Security By Application Areas – Forecast for Active Households Market Share (Percent), 2025
applications is expected to hit 
around 20% by 2025.
 
• Security application captured 
least share of the Smart Home 
active households in 2018.
Note: Dummy Data, Actual figures given in the report
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iGATE RESEARCH report titled “Singapore Smart Home Market, 
Number, Household Penetration & Key Company Analysis - Forecast 
to 2025” provides a comprehensive assessment of the fast-evolving, 
high-growth Singapore Smart Home Industry.
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This 123 Page report with 43 Figures and 4 Tables has been analyzed from 7 viewpoints:
1. Singapore Smart Home Market, Volume, Household Penetration & Forecast (2017 - 2025)
2. Singapore Smart Home Market Share Analysis - By Application Areas (2017 - 2025)
3. Singapore Smart Home Active Households Share - By Application Areas (2017 - 2025)
4. Singapore Smart Home Market, Number of Active Households & Households Penetration - By Application Areas (2017 - 2025) 
5. Singapore Smart Home Government Initiatives
6. Singapore Smart Home Market - Key Company Profiles 
7. Singapore Smart Home Market - Growth Drivers and Challenges 
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Singapore 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 
Singapore Smart Home - Key Company Profiles
1. Panasonic Corporation
2. Sony Corporation
3. Samsung Electronics Co., Ltd.
4. LG Electronics Inc.
5. IKEA 
6. XIAOMI 
7. Google 
8. TOUCHOME
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Report Title: 
“Singapore Smart Home Market, Number, Household Penetration
 & Key Company Analysis - Forecast to 2025”
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