Albany, NY -- (SBWire) -- 07/21/2016 --About the Smart Home M2M Market in the US
A smart home comprises an internal network, home automation, and intelligent control. It is equipped with advanced and automated digital devices, home appliances, and equipment that are interconnected to each other, facilitating sophisticated monitoring and control over the building's functions. It performs three actions: remote status checks, remote information, and remote control to implement any action from a remote location.
A smart home enables lighting and temperature control, security, door operations, and other functions. It provides a wide variety of applications such as home automation, home security, home cloud, energy management, and e-health services. It improves
Technavios analysts forecast the smart home M2M market in the US to grow at a CAGR of 35.23% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the smart home M2M market in the US for 2016-2020. To calculate the market size, the report considers revenue generated from solutions that have a smartphone application or a web portal for the user interface. These include M2M platforms, solutions, and services in the energy management and climate control systems, home appliances, lighting control systems, home entertainment systems, security and access control systems, and healthcare systems.
Technavio's report, Smart Home M2M Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Alarm.com
AT&T
Comcast
Honeywell International
Samsung
Verizon Wireless
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Other prominent vendors
August
Bosch
Control4
Dacor
Electrolux
Frigidaire
Frontpoint
G4S
GE
Haier
iControl Networks
Ingersoll-Rand
Korner
LifeShield
LG
Mivatek
Myfox
Nest
Panasonic
SimpliSafe
SmartThings
Sprint
Thermador
Vivint
Whirlpool
Withings
Xfinity
Market driver
High availability of home broadband connectivity
For a full, detailed list, view our report
Market challenge
High cost of M2M security systems
For a full, detailed list, view our report
Market trend
Increase in energy management initiatives
For a full, detailed list, view our report
Key questions answered in this report
-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?
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Smart Home M2M Market Expected to Grow at CAGR of 35.23% Between Years 2016-2020: MarketResearchReports.biz
MarketResearchReports.biz has recently announced the addition of a market study “Smart Home M2M Market in US 2016-2020”, is a comparative analysis of the global market.