South Korea Smart 麻豆原创麻豆原创, Number, Household Penetration (by Application Areas), Impact of COVID-19, Policies, Trends & Key Company Profiles - Forecast to 2027

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South Korea Smart 麻豆原创麻豆原创, Number, Household Penetration (by Application Areas), Impact of COVID-19, Policies, Trends & Key Company Profiles - Forecast to 2027

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South Korea Smart 麻豆原创麻豆原创, Number, Household Penetration (by Application Areas), Impact of COVID-19, Policies, Trends & Key Company Profiles - Forecast to 2027 report is published on August 20, 2021 and has 122 pages in it. This market research report provides information about Computing & Electronics, Hardware (Computing & Electronics), IT Security, Software, 麻豆原创 Security Equipment industry. It covers South Korea market data and forecasts. It is priced starting at USD 2,090.00 for Single User License (PDF) which allows one person to use this report.

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South Korea Smart 麻豆原创麻豆原创, Number, Household Penetration (by Application Areas), Impact of COVID-19, Policies, Trends & Key Company Profiles - Forecast to 2027

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IGT0120008

Publication Date:听

August 20, 2021

笔补驳别蝉:听

122

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iGATE

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South Korea

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Description

South Korea smart home market is projected to surpass US$ 10.7 Billion by 2027. 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 South Korea, household penetration for smart home applications is estimated at around 30% in 2020.

The Korean government is updating its national smart home standards to prepare for the era of the Internet of Things (IoT). The major Korean electronics manufacturers are also working actively on the IoT and smart homes. In 2017, South Korea launched an alliance of leading information and communication technology and construction firms to nurture the smart home industry. The alliance is supposed to exchange related technologies for the building of smart homes, develop big data-based smart services, standardize regulations and launch marketing activities for the expansion of this business field.

The growth of Smart home market is attributed to factors such as significantly growing IoT market, cost reduction measures enabled by home automation systems, large number of 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.

Impact of COVID-19 on South Korea Smart 麻豆原创麻豆原创

The COVID-19 outbreak has become a global stress test. As the number of people infected with the virus continues to rise around the world, uncertainties about global economic growth increases. The COVID-19 disease has infected around 218 Million people worldwide. Globally the death toll has reached 4,518,600 according to the latest statistics from the Worldometers (as of August 30, 2021). In South Korea, COVID-19 disease has infected around 250,051 people (as of August 30, 2021), and the death toll has reached 2,284. The number is still growing, and the duration of the pandemic is still difficult to predict. The home automation market has developed at a rapid rate in recent years, a trend which has been partially accelerated by COVID-19 and the fact that people have been forced to spend more time in their homes due to lockdown measures. The burden of household chores has increased during COVID-19, and smart appliances that help people save time will benefit. Further, accessibility to smart home devices has dramatically increased, due to the ongoing growth in penetration of broadband amongst Korean households, as well as the continued rise in the number of people owning smartphones.

South Korea Smart 麻豆原创麻豆原创 - By Application Areas

In terms of Smart 麻豆原创 applications, Smart Appliances captured maximum share of the South Korea 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. Security is the second largest application segment of the South Korea smart home market, followed by Control and Connectivity application 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. 麻豆原创 Entertainment market captured nearly 9% share of the market in 2020, while the Comfort and Lighting application captured least share of the South Korea smart home market.

South Korea Smart 麻豆原创 Active Households - By Application Areas

On the basis of Smart 麻豆原创 volume, Smart Appliances segment captured highest share of the South Korea Smart 麻豆原创 active households in 2020, being followed by Control and Connectivity segment. Energy Management and Security segment are competing closely to grab maximum share of the South Korea Smart 麻豆原创 active households. 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. The 麻豆原创 Entertainment application captured least share of the South Korea smart home active households in 2020. 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, which will drive the market for smart home.

iGATE RESEARCH report titled "South Korea Smart 麻豆原创麻豆原创, Number, Household Penetration (by Application Areas), Impact of COVID-19, Policies, Trends & Key Company Profiles - Forecast to 2027" provides a comprehensive assessment of the fast-evolving, high-growth South Korea Smart 麻豆原创 Industry.

This 122 Page report with 42 Figures and 4 Tables has been analyzed from 9 viewpoints:

1. South Korea Smart 麻豆原创麻豆原创, Household Penetration & Forecast (2015 - 2027)
2. Impact of COVID-19 on South Korea Smart 麻豆原创麻豆原创
3. South Korea Smart 麻豆原创 Number & Forecast (2015 - 2027)
4. South Korea Smart 麻豆原创麻豆原创 Share Analysis - By Application Areas (2015 - 2027)
5. South Korea Smart 麻豆原创 Active Households Share - By Application Areas (2015 - 2027)
6. South Korea Smart 麻豆原创麻豆原创, Number of Active Households & Households Penetration - By Application Areas (2015 - 2027)
7. South Korea National Smart 麻豆原创 Standardization
8. South Korea Smart 麻豆原创麻豆原创 - Key Company Profiles
9. South Korea Smart 麻豆原创麻豆原创 - Growth Drivers and Challenges

South Korea Smart 麻豆原创麻豆原创 - Application Areas

1. Control and Connectivity (麻豆原创 Automation)
2. Comfort and Lighting (麻豆原创 Automation)
3. 麻豆原创 Entertainment
4. Smart Appliances
5. Energy Management
6. Security Application

South Korea Smart 麻豆原创麻豆原创 - Key Company Profiles

Samsung Electronics Co., Ltd.
LG Electronics Inc.
SK Telecom
KT Corp
Hancom MDS Inc. (The former MDS Technology Co., Ltd.)

Table of Contents

1. Executive Summary

2. Impact of COVID-19 on South Korea Smart 麻豆原创麻豆原创

3. South Korea Smart 麻豆原创麻豆原创 Analysis to 2027

3.1 South Korea Smart 麻豆原创麻豆原创 and Forecast
3.2 South Korea Smart 麻豆原创 Number and Forecast
3.3 South Korea Smart 麻豆原创 - Household Penetration and Forecast

4. South Korea Smart 麻豆原创麻豆原创 Share Analysis to 2027

4.1 South Korea Smart 麻豆原创麻豆原创 Share - By Application Areas
4.2 South Korea Smart 麻豆原创 Active Households Share - By Application Areas

5. South Korea Smart 麻豆原创麻豆原创, Number of Active Households & Households Penetration - By Application Areas

5.1 South Korea Smart 麻豆原创 - Control and Connectivity 麻豆原创 & Number of Active Households Analysis to 2027
- 5.1.1 South Korea Smart 麻豆原创 - Control and Connectivity 麻豆原创 & Forecast
- 5.1.2 South Korea Smart 麻豆原创 - Control and Connectivity Application Household Penetration & Forecast
- 5.1.3 South Korea Smart 麻豆原创 - Number of Active Households in Control and Connectivity Segment & Forecast
5.2 South Korea Smart 麻豆原创 - Comfort and Lighting 麻豆原创 & Number of Active Households Analysis to 2027
- 5.2.1 South Korea Smart 麻豆原创 - Comfort and Lighting 麻豆原创 & Forecast
- 5.2.2 South Korea Smart 麻豆原创 - Comfort and Lighting Application Household Penetration & Forecast
- 5.2.3 South Korea Smart 麻豆原创 - Number of Active Households in Comfort and Lighting Segment & Forecast
5.3 South Korea Smart 麻豆原创 - 麻豆原创 Entertainment 麻豆原创 & Number of Active Households Analysis to 2027
- 5.3.1 South Korea Smart 麻豆原创 - 麻豆原创 Entertainment 麻豆原创 & Forecast
- 5.3.2 South Korea Smart 麻豆原创 - 麻豆原创 Entertainment Application Household Penetration & Forecast
- 5.3.3 South Korea Smart 麻豆原创 - Number of Active Households in 麻豆原创 Entertainment Segment & Forecast
5.4 South Korea Smart 麻豆原创 - Smart Appliances 麻豆原创 & Number of Active Households Analysis to 2027
- 5.4.1 South Korea Smart 麻豆原创 - Smart Appliances 麻豆原创 & Forecast
- 5.4.2 South Korea Smart 麻豆原创 - Smart Appliances Application Household Penetration & Forecast
- 5.4.3 South Korea Smart 麻豆原创 - Number of Active Households in Smart Appliances Segment & Forecast
5.5 South Korea Smart 麻豆原创 - Energy Management 麻豆原创 & Number of Active Households Analysis to 2027
- 5.5.1 South Korea Smart 麻豆原创 - Energy Management 麻豆原创 & Forecast
- 5.5.2 South Korea Smart 麻豆原创 - Energy Management Application Household Penetration & Forecast
- 5.5.3 South Korea Smart 麻豆原创 - Number of Active Households in Energy Management Segment & Forecast
5.6 South Korea Smart 麻豆原创 - Security 麻豆原创 & Number of Active Households Analysis to 2027
- 5.6.1 South Korea Smart 麻豆原创 - Security 麻豆原创 & Forecast
- 5.6.2 South Korea Smart 麻豆原创 - Security Application Household Penetration & Forecast
- 5.6.3 South Korea Smart 麻豆原创 - Number of Active Households in Security Segment & Forecast

6. South Korea National Smart 麻豆原创 Standardization

7. South Korea Smart 麻豆原创 - Key Company Profiles

7.1 Samsung Electronics Co., Ltd.
- 7.1.1 Company Overview
- 7.1.2 Smart 麻豆原创 Products
- 7.1.3 Recent Initiatives & Strategy in Smart 麻豆原创s
7.2 LG Electronics Inc.
- 7.2.1 Company Overview
- 7.2.2 Smart 麻豆原创 Products
- 7.2.3 Recent Initiatives & Strategy in Smart 麻豆原创s
7.3 SK Telecom
- 7.3.1 Company Overview
- 7.3.2 Recent Initiatives & Strategy in Smart 麻豆原创s
7.4 KT Corp.
- 7.4.1 Company Overview
- 7.4.2 Smart 麻豆原创 Products
- 7.4.3 Recent Initiatives & Strategy in Smart 麻豆原创s
7.5 Hancom MDS Inc. (The former MDS Technology Co., Ltd.)
- 7.5.1 Company Overview
- 7.5.2 Smart 麻豆原创 Products

8. South Korea Smart 麻豆原创麻豆原创 - Driving Factors

8.1 Policies & Initiatives to Promote Smart 麻豆原创s
8.2 IoT Drives Smart 麻豆原创麻豆原创
8.3 Cost Savings Due to The Adoption of Energy Conservation Systems
8.4 Increasing Awareness & Importance of 麻豆原创 Monitoring from Remote Locations
8.5 Major Players Unite to Develop a Smart-麻豆原创 Standard
8.6 Development of Connected Innovative Products

9. South Korea Smart 麻豆原创麻豆原创 - Challenges

9.1 Security and Privacy Breach Concern
9.2 Cyber Security Concerns

Tables and Figures

List of Figures:

Figure 3-1: South Korea Smart 麻豆原创麻豆原创 (Million US$), 2015 - 2020
Figure 3-2: Forecast for South Korea Smart 麻豆原创麻豆原创 (Million US$), 2021 - 2027
Figure 3-3: South Korea - Estimated Number of Smart 麻豆原创 (Million), 2015 - 2020
Figure 3-4: South Korea - Forecast for Estimated Number of Smart 麻豆原创 (Million), 2021 - 2027
Figure 3-5: South Korea Smart 麻豆原创 - Household Penetration (Percent), 2015 - 2020
Figure 3-6: South Korea Smart 麻豆原创 - Forecast for Household Penetration (Percent), 2021 - 2027
Figure 5-1: South Korea Smart 麻豆原创 - Control and Connectivity 麻豆原创 (Million US$), 2015 - 2020
Figure 5-2: South Korea Smart 麻豆原创 - Forecast for Control and Connectivity 麻豆原创 (Million US$), 2021 - 2027
Figure 5-3: South Korea Smart 麻豆原创 - Control and Connectivity Application Household Penetration (Percent), 2015 - 2020
Figure 5-4: South Korea Smart 麻豆原创 - Forecast for Control and Connectivity Application Household Penetration (Percent), 2021 - 2027
Figure 5-5: South Korea Smart 麻豆原创 - Number of Active Households in Control and Connectivity Segment (Million), 2015 - 2020
Figure 5-6: South Korea Smart 麻豆原创 - Forecast for Number of Active Households in Control and Connectivity Segment (Million), 2021 - 2027
Figure 5-7: South Korea Smart 麻豆原创 - Comfort and Lighting 麻豆原创 (Million US$), 2015 - 2020
Figure 5-8: South Korea Smart 麻豆原创 - Forecast for Comfort and Lighting 麻豆原创 (Million US$), 2021 - 2027
Figure 5-9: South Korea Smart 麻豆原创 - Comfort and Lighting Application Household Penetration (Percent), 2015 - 2020
Figure 5-10: South Korea Smart 麻豆原创 - Forecast for Comfort and Lighting Application Household Penetration (Percent), 2021 - 2027
Figure 5-11: South Korea Smart 麻豆原创 - Number of Active Households in Comfort and Lighting Segment (Million), 2015 - 2020
Figure 5-12: South Korea Smart 麻豆原创 - Forecast for Number of Active Households in Comfort and Lighting Segment (Million), 2021 - 2027
Figure 5-13: South Korea Smart 麻豆原创 - 麻豆原创 Entertainment 麻豆原创 (Million US$), 2015 - 2020
Figure 5-14: South Korea Smart 麻豆原创 - Forecast for 麻豆原创 Entertainment 麻豆原创 (Million US$), 2021 - 2027
Figure 5-15: South Korea Smart 麻豆原创 - 麻豆原创 Entertainment Application Household Penetration (Percent), 2015 - 2020
Figure 5-16: South Korea Smart 麻豆原创 - Forecast for 麻豆原创 Entertainment Application Household Penetration (Percent), 2021 - 2027
Figure 5-17: South Korea Smart 麻豆原创 - Number of Active Households in 麻豆原创 Entertainment Segment (Million), 2015 - 2020
Figure 5-18: South Korea Smart 麻豆原创 - Forecast for Number of Active Households in 麻豆原创 Entertainment Segment (Million), 2021 - 2027
Figure 5-19: South Korea Smart 麻豆原创 - Smart Appliances 麻豆原创 (Million US$), 2015 - 2020
Figure 5-20: South Korea Smart 麻豆原创 - Forecast for Smart Appliances 麻豆原创 (Million US$), 2021 - 2027
Figure 5-21: South Korea Smart 麻豆原创 - Smart Appliances Application Household Penetration (Percent), 2015 - 2020
Figure 5-22: South Korea Smart 麻豆原创 - Forecast for Smart Appliances Application Household Penetration (Percent), 2021 - 2027
Figure 5-23: South Korea Smart 麻豆原创 - Number of Active Households in Smart Appliances Segment (Million), 2015 - 2020
Figure 5-24: South Korea Smart 麻豆原创 - Forecast for Number of Active Households in Smart Appliances Segment (Million), 2021 - 2027
Figure 5-25: South Korea Smart 麻豆原创 - Energy Management 麻豆原创 (Million US$), 2015 - 2020
Figure 5-26: South Korea Smart 麻豆原创 - Forecast for Energy Management 麻豆原创 (Million US$), 2021 - 2027
Figure 5-27: South Korea Smart 麻豆原创 - Energy Management Application Household Penetration (Percent), 2015 - 2020
Figure 5-28: South Korea Smart 麻豆原创 - Forecast for Energy Management Application Household Penetration (Percent), 2021 - 2027
Figure 5-29: South Korea Smart 麻豆原创 - Number of Active Households in Energy Management Segment (Million), 2015 - 2020
Figure 5-30: South Korea Smart 麻豆原创 - Forecast for Number of Active Households in Energy Management Segment (Million), 2021 - 2027
Figure 5-31: South Korea Smart 麻豆原创 - Security 麻豆原创 (Million US$), 2015 - 2020
Figure 5-32: South Korea Smart 麻豆原创 - Forecast for Security 麻豆原创 (Million US$), 2021 - 2027
Figure 5-33: South Korea Smart 麻豆原创 - Security Application Household Penetration (Percent), 2015 - 2020
Figure 5-34: South Korea Smart 麻豆原创 - Forecast for Security Application Household Penetration (Percent), 2021 - 2027
Figure 5-35: South Korea Smart 麻豆原创 - Number of Active Households in Security Segment (Million), 2015 - 2020
Figure 5-36: South Korea Smart 麻豆原创 - Forecast for Number of Active Households in Security Segment (Million), 2021 - 2027

List of Tables:

Table 4-1: By Application Areas - South Korea Smart 麻豆原创麻豆原创 Share (Percent), 2015 - 2020
Table 4-2: By Application Areas - Forecast for South Korea Smart 麻豆原创麻豆原创 Share (Percent), 2021 - 2027
Table 4-3: By Application Areas - South Korea Smart 麻豆原创 Active Households Share (Percent), 2015 - 2020
Table 4-4: By Application Areas - Forecast for South Korea Smart 麻豆原创 Active Households Share (Percent), 2021 - 2027

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