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        "result": "supported"
    },
    {
        "idx": 2,
        "result": "unsupported"
    }
]

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<reference>
The Smart Thermostat Sector Heats Up With 67.2 Million Devices Shipped by 2030

/PRNewswire/ -- The smart home market is growing steadily and transitioning from novelty implementations to mass adoption - new product ranges and professional...

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The Smart Thermostat Sector Heats Up With 67.2 Million Devices Shipped by 2030

USA - English

APAC - English

News provided by

ABI Research

Jul 02, 2024, 08:30 ET

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LONDON
,
July 2, 2024
/PRNewswire/ -- The smart home market is growing steadily and transitioning from novelty implementations to mass adoption - new product ranges and professional subscription services are evolving to ease adoption and expand the consumer base to retrofit installations and new home developments. According to a new report from global technology intelligence firm
ABI Research
, smart home device shipments for energy management, specifically smart thermostats, smart lights, and smart plugs, will grow from 230.9 million in 2024 to over 584 million in 2030.

"Western European households will lead the adoption of energy efficiency smart home devices, followed closely by North American households. The rate and speed of adoption depends on many factors such as increased household Wi-Fi connectivity, device price points, installation type, and customer service," explains Rithika Thomas, Sustainable Technologies Senior Analyst at ABI Research. "Global energy regulations, eco bonuses, and subsidies in
Europe
(particularly in
France
,
Germany
, and
Italy
) will additionally drive adoption during the forecast period and open opportunities in retrofit markets, which will surpass new builds."

Legacy, big-name brands are strengthening their offerings by acquiring smaller companies with niche expertise as the fragmented smart home industry matures. Currently, the ecosystem is fragmented, with no dominant overall players and a significant disconnect between product marketing, market hype, consumer adoption, and purchasing power. Data privacy, security, sustainability, convenience, energy savings, and interoperability with existing devices are strategic considerations vendors use to drive customer satisfaction and ensure vendor stickiness. The smart thermostats sector will have the highest impact on residential energy consumption, with over 45% adoption in Western European and North American households, amounting to 67.2 million devices shipped globally by 2030.

Google
,
Honeywell
,
Amazon
, and
Ecobee
represent more than 60% of the global market share for smart thermostats with an installed base predominantly in single-family residential homes. Other smart thermostat vendors include
Carrier
,
Schneider Electric
, Netamo
,
Samsung
,
Siemens
, and
LeGrand & Tado GMbh
.

"As the smart home market matures, consumers are becoming tech savvy and comparing product performance - vendors need to prioritize customer engagement, ease of installation, demonstrate use cases, adopt Artificial Intelligence (AI), Machine Learning (ML), and data analytics to enhance the user experience without being intrusive to stay ahead of the game," Thomas concludes.

These findings are from ABI Research's
Smart Home Hardware for Energy Management
report. This report is part of the company's
Smart Buildings
and
Consumer Technologies
research services, which includes research, data, and analyst insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。

For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in
Europe
, +65.6592.0290 in
Asia-Pacific
, or visit
www.abiresearch.com
.

Contact Info
:

Global
Deborah Petrara

Tel: +1.516.624.2558
[email protected]

SOURCE ABI Research

21
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</reference>

<statements>
1. ABI: smart thermostats, lights and plugs 230.9m units in 2024 to over 584m by 2030; smart thermostats 67.2m by 2030 with over 45% Western adoption
2. ABI Research quantifies the energy-management product cluster as smart thermostats, smart lights and smart plugs growing from 230.9 million units shipped in 2024 to over 584 million by 2030
3. Smart thermostats are singled out as having the highest impact on residential energy consumption, with over 45% adoption in Western European and North American households and 67.2 million devices shipped globally by 2030
4. The market is concentrated: Google, Honeywell, Amazon and Ecobee together hold more than 60% of the global smart thermostat market, with an installed base predominantly in single-family homes
5. ABI also identifies global energy regulations, eco bonuses and subsidies in France, Germany and Italy as adoption drivers, and says retrofit opportunities will surpass new builds
6. These are July 2024 forecast figures, so they should be treated as projection vintage rather than current actuals
7. ABI forecasts energy-management devices growing from 230.9m units in 2024 to over 584m by 2030, with thermostats reaching 67.2m by 2030 and high Western adoption
8. ABI’s energy figures are a July 2024 press-release forecast, and Frost’s segment list is a consultancy press release rather than shipment data
</statements>

Begin the assessment now. Output only the JSON list, without any conversational text or explanations.