Midstream Oil and Gas Equipment Global Market Report 2023 – By Type (Pipes, Rail Tank Cars, Gas Processing Equipment, Storage Tanks, Pumps, Valves And Compressors), By Resource (Crude Oil, Natural Gas), By Application (Air Separation, Gas Lift, Gas Purification, Hydro Desulphurization, Hydrogen Production, Natural Gas Processing, Recycle Compression, Vapor Recovery) – Market Size, Trends, And Global Forecast 2023-2032

Smart factories refer to factories where physical production processes and operations are combined with digital technology, smart computing, and big data to create a more opportunistic system for companies that are focusing on manufacturing automation and supply chain management. The main types of products in the smart factory market are machine vision systems, industrial robotics, control devices, sensors, communication technologies, and others. An industrial robot refers to a mechanical machine that is programmed to automatically perform production-related tasks in industrial environments. The different components include smart factory hardware, smart factory software and smart factory services and are employed in automotive, aerospace and defence, electrical and electronics, food and beverages, healthcare and pharmaceuticals, and other industry verticals. The global smart factory market is segmented - 1) By Product: Machine Vision Systems, Industrial Robotics, Control Devices, Sensors Communication Technologies, Other Products 2) By Component: Smart Factory Hardware, Smart Factory Software, Smart Factory Services 3) By Industry Vertical: Automotive, Aerospace and Defense, Electrical and Electronics, Food and Beverages, Energy and Utilities, Healthcare and Pharmaceuticals, Other Industry Verticals The global smart factory market size will grow from $70.44 billion in 2022 to $79.04 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart factory is expected to grow to $119.28 billion in 2027 at a CAGR of 10.8%. The growing demand for industrial robots is expected to propel the growth of the smart factory market going forward. Industrial robots refer to mechanical machines that are programmed to automatically perform production-related tasks in industrial environments. A smart factory focuses on the optimization and industrial automation of its resources, using tools such as information and smart sensor technologies, robotics, the internet of things, or artificial intelligence. For instance, in 2021, according to the International Federation of Robotics, a Germany-based non-profit organization, sales of new robots grew slightly by 0.5%, and robot installations are expected to rebound strongly and grow by 13%. Therefore, the growing demand for industrial robots is driving the smart factory market growth. Major players in the smart factory market are ABB, Emerson Electric Co, General Electric, Honeywell International Inc., IBM, Johnson Controls International PLC, Mitsubishi Electric Corporation, Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric, Siemens, Yokogawa Electric Corp., Cisco Systems Inc., Dassault Systèmes, Endress+Hauser AG, Kollmorgen, Kuka AG, Omron Corporation, and Oracle Corporation. Technology advancements are a key trend gaining popularity in the smart factory market. Major companies in the smart factory sector are using advanced technologies to improve the production process and achieve better efficiency. For instance, in 2021, Panasonic, a Japan-based company operating in smart factory solutions, launched the Miraie Pro factory platform, an Industrial IoT/smart factory solution developed indigenously at the company’s India Innovation Centre. Miraie pro factory uses new-age technologies such as Cloud, IoT, analytics, and mobile apps, to name a few, to manage end-to-end operations, resulting in enhanced production efficiency. By using this technology, manufacturing productivity can increase by 8–15%. In December 2021, Inpixon, a US-based indoor intelligence platform company, acquired IntraNav for an undisclosed amount. Through this acquisition, Inpixon is expected to expand its location intelligence and would also help in market expansion. Also, it would enable Inpixon with the fourth industrial revolution, commonly called Industry 4.0, which would help in the digitalization of the horizontal and vertical value chains through automation and data exchange, leveraging IoT and cloud computing. IntraNav is a Germany-based industrial automation startup that provides components for the smart factory. Asia-Pacific was the largest region in the smart factory market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart factory market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart factory market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The smart factory market consists of sales of blockchain manufacturing, the industrial internet of things, and asset management. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart factory market research report is one of a series of new reports from The Business Research Company that provides smart factory market statistics, including global market size, regional shares, competitors with a smart factory market share, detailed smart factory market segments, market trends and opportunities, and any further data you may need to thrive in the smart factory industry. This smart factory market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart government solutions are used to manage business activities connected to government and administration, in which interconnected devices and cyber-physical systems are used by intelligently networked governance and administration to accomplish public tasks efficiently and effectively. The main types of smart government solutions include open data platforms, analytics, government resource planning system, security, remote monitoring, and network management. Open data platform refers to a platform used by ministries/departments of the government and its organizations to publish datasets, documents, services, tools, and applications that they have accumulated for public use. It aims to improve government openness and create opportunities for many more innovative applications of government data to provide new perspectives. These solutions and services are deployed on-premise and cloud. The global smart government market is segmented - 1) By Type: Open Data Platform, Analytics, Government Resource Planning System, Security, Remote Monitoring, Network Management 2) By Deployment: On Premise, Cloud 3) By Component: Solution, Services The global smart government market size will grow from $28.47 billion in 2022 to $33.69 billion in 2023 at a compound annual growth rate (CAGR) of 18.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart government is expected to grow to $66.99 billion in 2027 at a CAGR of 18.7%. The increased investment in smart government technologies will propel the growth of the smart government market. Government institutes across the globe are increasing spending on network management, cybersecurity, and other smart government, to deliver dependable, effective, and security services to their people. For instance, in January 2021, the US government announced $10.2 billion of investments in Federal information technology modernization to fend off potential cyberattacks and IT issues. It is a crucial step in realigning US cyber defenses to increase faith in the US government's capacity to provide reliable and secure services. Therefore, the increased investment in smart government technologies is expected to boost demand for smart government platforms and solutions during the forecast period. Major players in the smart government market are ABB Ltd., Amazon Web Services Inc., Avaya Inc., Capgemini, Cisco Systems Inc., Entrust Datacard Corporation, Huawei Technologies Co Ltd., Imex Systems Inc., Nokia Corporation, Oracle Corporation, Symantec Corporation, Hughes Identification Devices (HID) Global Corporation, International Business Machines (IBM) Corporation, OpenGov, and UTI Group. Technological advancement is a new trend gaining popularity in the smart government market. Technological advancements such as the Internet of Things (IoT) are increasingly incorporated into new systems and cloud solutions to make government activities more efficient. The widespread use of IoT technology has strengthened the government-citizen interaction, providing a strong case for public benefit generation. IoT is used in smart city operations to build and provide interconnected solutions for a community's well-being. In February 2022, Rogers Business, a Canadian-based technology, and media firm developed a suite of internet of things (IoT) smart cities and smart building solutions to fulfill the rising infrastructure demands of governments and organizations. The Rogers Business Smart Cities and Smart Buildings business will collaborate with various vendors to develop solutions from water leak detection sensors to AI-powered traffic signal capabilities. In June 2021, Granicus, a US-based software company that develops technologies to help government agencies, acquired two gov-tech companies, Bang the Table and OpenCities, for an undisclosed amount. Through this acquisition, Granicus will change the way citizens and governments interact. Granicus' commitment to the governments of Australia and New Zealand will be reinforced by the acquisition of two enterprises, which will give public sector solutions to more than 350 governments while also growing its presence in the United States, Canada, and the United Kingdom. Bang the Table is an Australia-based company that offers an online citizen engagement platform for local government. OpenCities is an Australia-based premier digital customer journey platform for the public sector, which assists local governments in transforming their websites, digital forms, and service delivery experiences. North America was the largest region in the smart government market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart government market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart government market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The smart government market includes revenues earned by entities by providing better information and services, increasing government transparency to lessen corruption, boosting political accountability and credibility, and fostering democratic practices through the participation and consultation of the general public. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart government market research report is one of a series of new reports from The Business Research Company that provides smart government market statistics, including smart government industry global market size, regional shares, competitors with a smart government market share, detailed smart government market segments, market trends and opportunities, and any further data you may need to thrive in the smart government industry. This smart government market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Smart airports are airports that rely on the use of connected technologies such as intelligent building management, cyber security, GPS and sensor, Internet of Things (IoT), blockchain, and Artificial Intelligence (AI) to enable operational employees in performing planning and operational chores digitally while also optimizing passenger flows and staff activities around the airport. The main types of smart airport services include smart transport and parking services, smart retail, hospitality and entertainment services, smart workplace services, smart airport processes, smart business to business services. By infrastructure, types of smart airport products include endpoint devices, communication systems, passenger, cargo, and baggage ground handling control, air/ground traffic control, security systems, and others. Smart airport products and services are used in landside, airside, and terminal side locations. They are mainly used in core applications and business applications. Major end-users of smart airport are the implementation and upgrades and services industries. The global smart airport market is segmented - 1) By Services: Smart Transport & Parking Services, Smart Retail, Hospitality & Entertainment Services, Smart Workplace Services, Smart Airport Processes, Smart Business to Business Services 2) By Infrastructure: Endpoint Devices, Communication Systems, Passenger, Cargo and Baggage Ground Handling Control, Air/Ground Traffic Control, Security Systems, Other Infrastructures 3) By Location: Landside, Airside, Terminal Side 4) By Application: Core Applications, Business Applications 5) By End User: Implementation, Upgrades and Services The global smart airport market size will grow from $6.84 billion in 2022 to $7.6 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart airport is expected to grow to $13.13 billion in 2027 at a CAGR of 14.6%. Companies in the aviation industry across the world are focusing on green initiatives to protect the environment. Multiple airline companies are trying to become more sustainable. According to the International Council on Clean Transportation (ICCT), air travel produces about 3% of global carbon dioxide emissions, and it is one of the fastest-growing sources of greenhouse gases. In order to reduce emission of greenhouse gases, companies in the aviation market are focusing on taking green initiatives. For example, in February 2020, Delta Air Lines committed $1 billion to become carbon neutral by 2030. In July 2020, JetBlue became the first and only US airline to voluntarily offset all of the carbon dioxide emissions for all its domestic flights. Thus, rising green initiatives by the aviation industry are contributing to the smart airport market growth. Major players in the smart airport market are Amadeus IT Group SA, CISCO System Inc., Collins Aerospace, Daifuku Co. Ltd., Ascent Technologies, Honeywell International Inc., Huawei Technologies Co. Ltd., IBM Corporation, Indra Sistemas S.A., ITA, L3Harris Technologies Inc., Raytheon Company, RESA, Rockwell Collins Inc., Lufthansa Systems GmbH & Co. KG., Sabre Corporation, Siemens AG, SITA, Thales Group, T-Systems, Vision-Box, Wipro Limited, Zensors, Ascent Technology Inc., Adelte, Amadeus IT Group, Ansul, Cisco System, Deerns Airport System Consultants, FB Technology, Gentrack, and Huawei Investment & Holding Co. Ltd. Technological advances such as the use of Internet of Things (IoT) in aircraft parts and manufacturing procedures a key trend in the smart airport market. Companies across the globe have started implementing cloud-based platforms to develop a new aircraft, engine, system, or component design. The cloud platform enables simplification in the design process by bringing the suppliers, systems integrators, software developers, and other stakeholders within the design and manufacturing ecosystem together over a virtual platform. For instance, in 2020, Vertical Aerospace, a UK-based aviation industry innovator, used Dassault Systèmes’ 3DExperience platform on the cloud to develop their third all-electric vertical takeoff and landing aircraft. Vertical Aerospace used the 3DExpereince platform to improve coordination between their design, engineering, testing, and manufacturing disciplines and provide access to all the engineering documentation they require in the cloud to enable effective work from home. In December 2021, ADB SAFEGATE acquired DBT Transportation Services LLC. DBT Transportation Services is specialized in weather systems, sensor technologies, and services primarily for the aviation industry. ADB SAFEGATE is engaged in delivering airport performance, offering unmatched capabilities in airport ground movement and visual guidance. North America was the largest region in the smart airport market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart airport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart airport market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart airport market includes revenues earned by entities by providing products and related services that automate the processes for operational efficiency, ground services, digitalization of infrastructure, digitalization of commercial & passenger flow, enhancing security & surveillance, and handling services to solve and cover control and management needs in airports. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart airport market research report is one of a series of new reports from The Business Research Company that provides smart airport market statistics, including smart airport industry global market size, regional shares, competitors with a smart airport market share, detailed smart airport market segments, market trends and opportunities, and any further data you may need to thrive in the smart airport industry. This smart airport market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A smart city employs information and communication technology (ICT) to boost operational performance, share data with the people, and enhance government service and citizen comfort. It employs technology to provide services and solve municipal issues. The main types of components in smart cities are solutions and services. The solution refers to smart solutions such as smart parking, smart utilities, smart metering, smart healthcare solutions, smart buildings, and smart governance solutions. These solutions are used for accelerating the growth of citizens. The different types include Residential, commercial, and industrial and involve several applications such as smart governance, smart building, smart utilities, smart transportation, smart healthcare, and others. The global smart cities market is segmented - 1) By Component: Solutions, Services 2) By Type: Roadways, Railways, Airways 3) By Application: Smart Governance, Smart Building, Smart Utilities, Smart Transportation, Smart Healthcare, Other Applications The global smart cities market size will grow from $562.25 billion in 2022 to $678.07 billion in 2023 at a compound annual growth rate (CAGR) of 20.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart cities is expected to grow to $1,460.93 billion in 2027 at a CAGR of 21.2%. The rising urbanization all over the globe is expected to drive the growth of the smart cities market going forward. Urbanization refers to the population movement from rural to an urban setting and increasing human population densities in urban areas. A smart city is a technologically advanced urban area that gathers information using various electronic technologies, voice activation methods, and sensors. For instance, according to the United Nations Department of Economic and Social Affairs, 68% of the world’s population is 2.5 billion people are projected to live in urban areas by 2050. Therefore, rising urbanization all over the globe is driving the decorative coatings market growth. Major players in the smart cities market are Siemens, Cisco, Hitachi, IBM Corporation, Microsoft, Schneider Electric, Huawei, Intel, ABB, Ericsson, Itron, Oracle, Accenture, Vodafone, Signify, Kapsch, AT&T, Google, TCS, AppyParking, Nokia, Samsung, SAP SE, TomTom N.V., Fujitsu, and Honeywell. Technological advancements have emerged as a key trend gaining popularity in the smart cities market. Major companies operating in the smart cities sector are focused on innovative technologies to modernize urban transit infrastructure and deliver fast, efficient, and equitable public transportation. For instance, in January 2020, Hayden AI, a US-based artificial intelligence technology company launched the first autonomous traffic management platform with vision-based perception devices. These gadgets are installed in city vehicles such as street sweepers, buses, and garbage trucks. Precision localization technology is included in each vehicle-mounted perception device, allowing it to recognize and map items such as parking meters, traffic lights, fire hydrants, street signs, lane lines, and trees. In July 2021, Signify, a Netherlands-based lighting company acquired Telensa for an undisclosed amount. Through this acquisition, Signify will be able to serve a wider range of clients, which will make smart city infrastructure more affordable to cities that use the unlicensed radio spectrum. Telensa is a UK-based company that provides smart city solutions. North America was the largest region in the smart cities market in 2022. The regions covered in the smart cities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the smart cities market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart cities market includes revenues earned by entities by providing solutions and services that automate the processes of energy management, street light monitoring, temperature monitoring, parking management, water resource management, smart metering solutions, and unified command & control platform to improve and optimize the operational efficiency of any city and making critical infrastructure elements like energy, lighting, water work in a smart manner. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart cities market research report is one of a series of new reports from The Business Research Company that provides smart cities market statistics, including smart cities industry global market size, regional shares, competitors with a smart cities market share, detailed smart cities market segments, market trends and opportunities, and any further data you may need to thrive in the smart cities industry. This smart cities market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart home devices are defined as devices that are controlled remotely from any internet-connected place in the world using a mobile or any other network device. Smart home appliances are interconnected in such a way that the user has access to control functions such as home security checks, temperature, lighting, and home theater. The technologies used in smart home devices are Wi-Fi technology and Bluetooth technology. The wireless technology that connects computers, tablets, smartphones, and other devices to the internet is known as Wi-Fi technology. Wi-Fi is a radio signal transmitted from a wireless router to a nearby device, which converts the signal into data that can be seen and used.. The smart homes devices are applied in energy management, climate control system, healthcare system, home entertainment system, lighting control system, security & access control system and sold through online, offline channels. The global smart home devices market is segmented - 1) By Technology: Wi-Fi Technology, Bluetooth Technology 2) By Application: Energy Management, Climate Control System, Healthcare System, Home Entertainment System, Lighting Control System, Security & Access Control System 3) By Sales Channel: Online, Offline The global smart home devices market size will grow from $92.48 billion in 2022 to $108.83 billion in 2023 at a compound annual growth rate (CAGR) of 17.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart home devices market is expected to grow to $209.25 billion in 2027 at a CAGR of 17.8%. The rise in the need to save energy and decrease carbon emissions drives the smart home devices market. This increase in the need for sustainable solutions has been initiated by strict government regulations that introduced a cap on maximum carbon emissions allowed for each company. Conventional devices continuously use electricity until someone turns them off. However, in the case of smart home devices, they are equipped with motion sensors that can detect the absence of people in the room for a given time and automatically turn it off, thus saving money and electricity. Saving unnecessary usage of electric devices and decreasing the power demand on the power plants help reduce carbon emissions. For example, according to a study in Europe in 2021, smart building technology can save up to 23% of the energy used in office buildings. Major players in the smart homes devices market are ABB Ltd., General Electric Company, Johnson ControlsInc., Siemens AG, Schneider Electric SE, Honeywell International, LG Electronics, Emerson Electric Corporation, BSH Hausgerate GmbH, and Amazon Inc. High switching costs restrain the smart home device market growth. The cost of smart appliances is high and involves other upfront costs like installation and maintenance costs as well. The high cost obstructs the adoption and acceptance of smart devices by customers including many organizations. According to the survey released by Parks Association in 2021, 44% of the households of 46.7 million household participants stated that smart devices are too expensive. Moreover, a smart thermostat in the USA costs around $250 whereas a traditional thermostat costs around $25. The cost factor influences the market negatively. Companies are developing voice assistants to control smart home devices. Voice assistants are digital assistants that react to voice commands and reply with relevant information. They are different from traditional keyboard-based searches. They put more focus on the conversational phrasing of any content and prioritize the long tail keywords for any search. For example, Amazon and Google have launched their voice assistants in their respective smart speakers. Amazon has launched Alexa Voice Assistant in its Echo smart speaker while Google has launched 'Google Assistant voice assistant for its Google Home smart speaker. Smart home devices are regulated by government bodies such as the National Institute of Standards and Technology (NIST), European Telecommunications Standards Institute (ETSI), and others. The ETSI Cybersecurity Technical Committee (TY Cyber) released ETSI TS 103 645 standards to keep a security baseline for all internet user products. The standard states that the IoT/Smart Home devices must make it easy for consumers to delete their data when there is a transfer of ownership. The standard also requires the implementers to stop using universal default passwords as this gives rise to a large number of security issues. It also allows security researchers to report any kind of security flaw in the IoT/Smart Home devices. In May 2021, Level Home announced the acquisition of Dwelo, a smart home startup for $100 million. With the acquisition of Dwelo, Level Home will be able to offer a seamless of thoughtful hardware with a powerful SaaS platform that gives residents incredible command, convenience, and new abilities. Level Home creates smart home products based in the US, established in 2016. Asia-Pacific was the largest region in the smart home devices market in 2022. The regions covered in the global smart homes devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart homes devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart home devices market consists of sales of smart dishwashers, smart cookware and cooktops, smart ovens, smart refrigerators, and other smart home devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart homes devices market research report is one of a series of new reports from The Business Research Company that provides smart homes devices market statistics, including smart homes devices industry global market size, regional shares, competitors with the devices of a smart home market share, detailed smart homes devices market segments, market trends and opportunities, and any further data you may need to thrive in the smart homes devices industry. This smart home devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart home security is a group of physical and technological components that work together to allow users to remotely monitor and manage their houses in real-time, alerting homeowners to strange behaviour or unwanted attempts to enter doors or windows. The main products of smart home security are smart alarms, smart cameras and monitoring systems, smart locks and sensors, and smart detectors. A smart alarm is a system that uses wireless technology, home networks, and mobile phones to integrate security with day-to-day life. The components of smart home security are hardware, software, and service. The various types of applications are in independent homes, apartments, and condominiums. The global smart home security market is segmented - 1) By Product: Smart Alarms, Smart Camera and Monitoring System, Smart Locks and Sensors, Smart Detectors 2) By Application: Independent Homes, Apartments, Condominiums 3) By Component: Hardware, Software, Service The global smart home security market size will grow from $3.27 billion in 2022 to $3.96 billion in 2023 at a compound annual growth rate (CAGR) of 21.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart home security market size is expected to grow to $8.39 billion in 2027 at a CAGR of 20.6%. The smart home security market is driven by increasing crime rates across the globe. With the increasing crime rates, the consumers are increasingly focusing on safety and security systems especially in residential areas. Smart home devices such as smart alarms, smart cameras, and smart lockers are being preferred by the households to be more safe and secure. According to home burglary statistics, 88% of all burglaries are residential in nature and there is 300% possibility of theft in homes without security systems. Moreover, according to an article published by Federal Bureau of Investigation Crime Data Explorer, a US-based provider of statistics in law enforcement, the FBI estimated crime statistics for the country in 2021 based on data received from 11,794 of the country's 18,806 law enforcement agencies that year. There were 694,050 violent crime incidents and 817,020 offences reported in the United States in 2021 by 11,794 law enforcement agencies that submitted National Incident-Based Reporting System (NIBRS) data, accounting for 64% of the total population. Therefore, the increasing crime rates across the globe are driving the smart home security market growth. Major players in the smart home security market are ADT, Amazon, Honeywell International, Hangzhou Hikvision Digital Technology, Frontpoint Security Solutions, Ring, Samsung, Vivint Smart Home Security, Simpli Safe, Robert Bosch, Protect America, Alphabet, Apple, Comcast, Netgear, Skybell Technologies, Alarm.com, Canary Connect, AT&T, August Home, Google, Butterfleye, Tyco Security Products, Livewatch Security, G4S, Cocoon Labs, Legrand, and Ingersoll Rand. The high installation costs of smart home security devices is restraining the growth of smart home security market. Being a relatively new technology, the setup cost for smart home security and the cost of other related expenses such as utilities, maintenance, and repair of the technology are high as well. Cost of home security devices depends on the plan of the installation and size of the property. Installation of alarm systems and security cameras is more expensive when compared to other smart home security devices. The basic smart home security system consisting of a burglar alarm, thermostat, outdoor lighting and a backdoor lock which can be controlled from remote device costs $2,500. And an advanced and high-end security and home automation systems cost $1.8 million. For instance, in November 2022, according to an article published by Safewise, a US-based provider of information and tools on internet security and home safety, monitoring costs for a home security system range from $5 to $65 per month, with an average of $32 per month. Installation costs range from $0 to $200, and basic equipment costs $350, individual equipment costs between $5 and $400. Smart home security systems manufacturers are increasingly integrating technologies with visual recognition based on AI (Artificial Intelligence) in security devices. AI is developing to a new stage where the security confirmation and authentication will be processed from face and visual recognition. Home security systems such as consumer video cameras are integrated with AI technology with a new security validation framework to enhance safety and security through facial recognition, fingerprints and voice recognition. AI is proposed to be applied in smart alarms to create databases of all incoming alerts, which then could be analyzed to predict false alarms. For instance, in June 2022, Infineon Technologies AG, a Germany-based manufacturer of semiconductors, launched its battery-operated Smart Alarm System (SAS). The technology platform uses sensor fusion based on artificial intelligence/machine learning (AI/ML) to achieve high precision and extremely low-power operation. Performance is astounding when this technique is used in conjunction with low-power wake-on acoustic event detection. The compact design achieves equal to or greater battery life compared to less sophisticated solutions while outperforming the detection accuracy of acoustic-only alarm systems currently used in smart homes and buildings and other IoT applications. California's Senate Bill 327, states the security regulations to be followed for all devices that connect to the internet, including smart home security. The bill requires the manufacturer of such a device to be equipped with appropriate security features, designed to prevent unauthorized access, modification, or information disclosure. The bill states that the information collected by the device should be appropriate and protected from unauthorized use. Also, if the device needs to be used outside the local area network, the user should generate a new password other than the one allotted to it by default, in order to prevent attack by hackers. This bill is proposed to be effective from January 1, 2020, in California, US. In September 2021, Security Alarm Corporation (SAC), a commercial and residential systems integration company, acquired Alert Alarm Systems Plus, Inc. (AASP) of Sarasota, FL. The goal of this acquisition is to expand the company's Gulf Coast and AASP markets. Alert Alarm Systems Plus, Inc.'s company offers security control equipment and monitoring services. The Asia-Pacific was the largest region in the smart home security market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global smart home security market report during the forecast period. The regions covered in the global smart home security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart home security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart home security market consists of sales of security devices for household use that can be connected to Wi-Fi and accessed from anywhere using smartphones, smartwatches or voice. The security devices produced include devices such as smart alarms, smart cameras, smart locks, smart detectors, and others. This market does not include the installation of these devices and/or integration with the home set-up. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart home security market research report is one of a series of new reports from The Business Research Company that provides smart home security market statistics, including smart home security industry global market size, regional shares, competitors with a smart home security market share, detailed smart home security market segments, market trends and opportunities, and any further data you may need to thrive in the smart home security industry. This smart home security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A smartphone/tablet games refer to the game designed for mobile devices, such as smartphones and tablets. The main types of smartphone/tablet are shooter, action, sports games, role-playing, adventure, racing, fighting, strategy, others. A role-playing game is a game in which gamers take on the responsibilities of fictional characters. The different applications include iOS user, android user. The global smartphone/tablet games market is segmented - 1) By Game Type: Shooter, Action, Sports Games, Role-Playing, Adventure, Racing, Fighting, Strategy, Other Game Types 2) By Application: iOS User, Android User The global smart phone/tablet games market size will grow from $65.52 billion in 2022 to $79.76 billion in 2023 at a compound annual growth rate (CAGR) of 21.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global smart phone/tablet games is expected to grow to $165.5 billion in 2027 at a CAGR of 20.0%. Rapid increase in the availability of affordable gaming smartphones/tablets in the market is supporting the smartphones/tablet gaming industry. The new affordable gaming mobile/tablet devices are better than the previous generation devices in terms of cost and performance that makes the games run in better FRP (Frames Per Second) providing an enhanced gaming experience. For example, many Chinese smartphones have entered into the market under $500 range which are offering technologically advanced gaming experience like Xiomi Mi 8 Pro ($469), Xiomi Mi 8 ($389), Xiomi Pocophone F1 ($319), Honor 9 ($320) and others. Major players in the smartphone/tablet games market are Tencent Hold, Sony, Electronic Arts, Nintendo, Netmarble, CyberAgent, Mixi, Zynga, Supercell, Machine Zone, King Digital Entertainment, Com2uS, Niantic, Bandai NamCo., Nexon, Square Enix, Warner Bros, Pocket Games, Playrix, IGG, Miniclip, NCSOFT, Peak Games, Jam City, NetEase, Glu Mobile, Gameloft, Rovia, Ubisoft and Epic Games. The major roadblock to this booming industry is the illegal downloads and pirated versions of the games, thereby causing serious concerns for the original developers of the game. The revenue loss is significantly high due to illegal downloads, as people never pay to the original developers of the game. For example, Subway Surfers, one of the most popular games may have lost close to $91 million due to pirated versions. Augmented Reality (AG) and Virtual Reality (VR) are the two new technologies that are positively impacting the smartphone/tablet games market. Both the technologies offer exciting gaming experiences to the users. Augmented reality gaming combines visual and audio content with the user's current environment in real time, thereby making them enjoy the unique gaming experience. Whereas the Virtual reality games apply three-dimensional (3-D) artificial environment to the computer games. These two technologies have been appreciated by the gaming community, proven by the rise in AR and VR based games downloads. For example, In November 2021, Niantic announced opening its Lightship AR platform to the developers. It is mainly offering the Lightship Augmented Reality Developer Kit to developers who want to create real-world metaverse concepts. In October 2021, Zynga, a US-based social game developer acquired StarLark for an undisclosed amount. This acquisition will expand Zynga’s international presence by establishing it in China with access to the creative talent pool. StarLark is a China-based Mobile Game Developer. Asia-Pacific was the largest region in the smartphone/tablet games market in 2022. North America was the second largest region of the global smart phone/tablet games market share. The regions covered in the global smartphone/tablet games market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smartphone/tablet games market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smartphone/tablet games market consists of sales of games that can only be played on smartphones or tablets. The revenue for these companies is generated from the in-app purchases, in-game advertisements (such as google AdSense, Ad-Mob, Media.net etc.), sponsorships and sales of merchandise. The main types of smartphone/tablet games are shooter, action, sports games, role-playing, adventure, racing, fighting, strategy and others. A shooter game are the action video games where the focus is almost entirely on the defeat of the character's enemies using the weapons given to the player. The devices used include smartphone and tablet and used by iOS user and android user. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smartphone/tablet games market research report is one of a series of new reports from The Business Research Company that provides smartphone/tablet games market statistics, including smartphone/tablet games industry global market size, regional shares, competitors with a smartphone/tablet games market share, detailed smartphone/tablet games market segments, market trends and opportunities, and any further data you may need to thrive in the smartphone/tablet games industry. This smartphone/tablet games market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Broadband Internet service is a type of Internet service that provides transmission of large bandwidth data over a high-speed Internet connection. The main types of broadband internet services are C band, Ku band and Ka band. C-band refers to the portion of the electromagnetic spectrum reserved for satellite transmissions with frequencies ranging from 4GHz to 8GHz. The services are applied for VoIP (voice over internet protocol), internet TV, smart home application, remote education, virtual private LAN service, interactive gaming, VPN on broadband by business, household and other end users. The global broadband internet services market is segmented - 1) By Type: C Band, Ku Band, Ka Band 2) By Application: VoIP(voice over internet protocol), Internet TV, Smart Home Application, Remote Education, Virtual Private LAN Service, Interactive Gaming, VPN on Broadband 3) By End User: Business, Household, Other End-Users The global broadband internet services market size will grow from $389.62 billion in 2022 to $404.65 billion in 2023 at a compound annual growth rate (CAGR) of 3.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global broadband internet services is expected to grow to $470.49 billion in 2027 at a CAGR of 3.8%. Increasing demand for consumer broadband is driving the broadband internet services market. The rising application of internet in communication, sharing information, education and entertainment sector is supporting the growth of consumer broadband. Also, government is playing a major role in stimulating demand for broadband internet services by providing better public online services in every sector, encouraging rural and remote areas to use the broadband internet services, establishing privacy and quality standards, etc. According to the data reportal newsletter, the total active internet users at the end of January 2019 was 4.388 billion whereas in January 2020 the total number of active internet users upsurge to 4.54 billion. The usage of voice search, voice commands, smart home devices, gaming-related activities, online content activities, streaming TV, etc. are more responsible for an increase in the demand for growth of the consumer broadband internet services market. Major players in the broadband internet services market are SES Astra, Inmarsat, Iridium Communications, ViaSat, EchoStar, EarthLink Holding Corp., Intelsat General, Eutelsat, IDirect, Singtel, KVH, Speedcast, Gilat Satellite Networks, Avonline Satellite Solutions Ltd., Skycasters, HISPASAT Group, China Telecom, China Unicom, Comcast, NTT, AT&T, Deutsche Telecom, Time Warner Cable, Verizon, Orange SA, Korea Telecom, Cambium Networks, Intracom Telecom, RADWIN, Redline communications and Proxim Wireless. The high costs of fiber optic cable restrains the broadband internet services market. The fiber optic is the latest technology that gives reliability and symmetrical speed options, unlike other internet services for the consumers. The cable or copper installation contributes to the high cost of fiber optic broadband services compared with other internet services. The fiber optic line installation is more complicated and the cost estimation is difficult for every building. According to the Federal Communications Commission (FCC), the minimum fiber optic deployment costs should be $5000 per user. The pricing is also mainly varying on the services providing by broadband entities. The fiber optic connection provides fast and symmetrical speeds, the cost of installation and its maintenance has become a major challenge for broadband internet service providers. Players in the broadband internet service industry are focusing on advancing digital infrastructure and services to serve its customers. Digital infrastructure is more focused on digital economic activities and technological applications. The digital infrastructure helps for the digital development of a country. According to the Asian Infrastructure Investment Bank (AIIB) report, the digital infrastructure helps to expand the internet connectivity and supports to establish the data centers to provide digital services. The emerging markets like India, Pakistan, etc. are more focused on mobile broadband infrastructure than fixed broadband internet services infrastructure whereas the developing and developed countries are concentrating on coverage of universal mobile broadband and superfast fixed broadband infrastructure. Demand in broadband internet services is driving the market to double the broadband speed and expand the internet connectivity where the companies and government are trying to increase the advancements in digital infrastructure and services. In October 2020, NWIC Inc., a Canada-based internet service provider acquired Last Mile Wireless Internet Inc. (LMWI) for an undisclosed amount. With the acquisition, NWIC is expected to become the Niagara Region's largest rural internet service provider, with expanded coverage and complementary technologies. Last Mile Wireless Internet Inc. (LMWI) is a Canada-based internet service provider. The Asia-Pacific was the largest region in the broadband internet services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global broadband internet services industry during the forecast period. The regions covered in the global broadband internet services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the broadband internet services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The broadband internet services market includes revenues earned by entities by providing broadband internet services which can be used for voice over internet protocol (VoIP), internet TV, smart home applications, remote online education, virtual private LAN service, interactive gaming, etc. Broadband internet services can be accessed through wireless, fiber cable, satellite, etc. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The broadband internet services market research report is one of a series of new reports from The Business Research Company that provides broadband internet services market statistics, including broadband internet services industry global market size, regional shares, competitors with a broadband internet services market share, detailed broadband internet services market segments, market trends and opportunities, and any further data you may need to thrive in the broadband internet services industry. This broadband internet services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.