Market Share of Middle East Smart Home Industry
The smart home market in the Middle East is fragmented, driven by high disposable incomes and tech-savvy consumers who prefer a range of options. Major players such as Google 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.
- March 2024 - Samsung Electronics has seamlessly integrated ABB-free@home® automation into its SmartThings platform, offering residents a single, comprehensive app for managing diverse appliances and devices from various manufacturers. This partnership creates a world-class automation platform, simplifying home management and eliminating application overload. ABB-free@home now interacts with all SmartThings partner solutions, providing remote access and individualized control. Property managers in rental and multi-dwelling units can also benefit from enhanced innovation opportunities in automation, energy management, and service systems.
- 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 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.
Middle East Smart Home Market Leaders
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ABB Ltd
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Schneider Electric SE
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Honeywell International Inc.
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Emerson Electric Co.
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Siemens AG
*Disclaimer: Major Players sorted in no particular order
