According to a new market research report "European Smart Home Market by Products (Security, Access, Lighting, Entertainment, Energy Management, HVAC, Ballast & Battery Pack), Service (Installation & Repair, Renovation & Customization) and Geography - Global Forecast and Analysis to 2014 - 2020", published by MarketsandMarkets, the total market for European Smart Homes will reach $15.28 Billion by 2020 at a CAGR of 16.51% from 2015 to 2020.