Germany Smart Home Market Share

Market Share of Germany Smart Home Industry

The German smart home market is highly competitive, driven by high disposable incomes and tech-savvy consumers who prefer a range of options. Major players such as Samsung and Amazon compete with other international and regional companies by offering diverse smart home devices and integrated systems tailored to local preferences. The competition is intensified by the fast pace of technological advancements and the growing consumer demand for innovative, cost-effective, and energy-efficient solutions.

• In March 2024, Schneider Electric unveiled the upgraded Back-UPS BE Series - 900 & 1050 VA, catering to remote work and smart home needs. With increased power capacity, they ensure uninterrupted connectivity for critical devices. The modern design optimizes space with stackable surfaces. Users benefit from enhanced convenience with USB charging ports and a user-friendly interface signaling UPS status. Moreover, the series prioritizes sustainability, meeting stringent energy efficiency standards. The inclusion of PowerChute Serial Shutdown software aids in utility bill savings.

Germany Smart Home Market Leaders

1. Schnieder Electric

2. Honeywell International Inc.

3. Siemens AG

4. Google LLC (Alphabet Inc.)

5. Robert Bosch Smart Home GmbH

*Disclaimer: Major Players sorted in no particular order