CEDIA has released a report on its first-ever market research study focused on Europe, providing real data on trends, opportunities, and challenges throughout the region. The inaugural report marks a significant step in mapping the European landscape and offering industry professionals actionable intelligence.
“We all know the value of market intelligence, so I’m pleased that we have completed our first-ever European market research project,” comments Matt Nimmons, Managing Director of CEDIA EMEA and Head of CEDIA’s global research division. “We’ve delivered market intelligence studies in the USA and UK for several years, and more recently in India, Australia/New Zealand, and Canada. Yet the European landscape has remained largely unmapped. We are pleased with the engagement we received for this research project and look forward to expanding on it in the coming years.”
Here are some highlights from this market research project:
The European smart home market is well established, with the majority of businesses having operated for over 10 years. The study highlights a notable diversity in annual revenues among market participants, reflecting a wide range of business scales and client bases. A strong emphasis on high-end projects is evident, with many firms specialising in premium installations and bespoke solutions for discerning clients.
Industry sentiment remains optimistic, with professionals anticipating continued growth and innovation. The research also identifies key business obstacles, including workforce challenges and product pricing.
This research project is CEDIA’s latest step in supporting members across the region. CEDIA’s International Ambassador programme empowers trusted volunteers to act as local advocates for the smart home industry, building awareness of CEDIA standards and education, strengthening member communities, and supporting regional initiatives through events and partner outreach. While ambassadors can connect employers and talent where helpful, their primary focus is on market development, member engagement, and industry credibility across Europe.
To download the European market research insights report, visit www.cedia.org/advocacy/market-intelligence
