The global smart home M2M market to rise at a robust 13.3% CAGR between 2017 and 2025 to reach a value of US$16.316 mn by 2025 from US$5.421 million in 2016.
Albany, NY -- (SBWIRE) -- 02/01/2018 -- Global Smart Home M2M Market: Overview
Strategic study of the global smart home M2M market, and the growth forecast for the period 2017 to 2025, has been provided in this report. Under the scope of the report, competitive analysis of various market segments, based on technology, application, and in-depth cross-sectional scrutiny of the smart home M2M market across different regions, has been provided. The smart home M2M market primarily deals with network systems and components, required for home automation.
The fast adoption of smart home security systems globally has primarily been fuelling the growth of the smart home M2M market. Growing affordability of smart electronics, coupled with falling internet costs have also been instrumental in positively impacting the growth of the smart home M2M market globally, as it led to higher adoption of home automation. The market is also being driven by the growing popularity of smart appliances across different geographic locations.
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Global Smart Home M2M Market: Segmentation
In terms of technology, the global smart home M2M market is segmented into wireless and wired. The wireless segment has been further segmented into Wi-Fi, cellular and others. On the basis of application, the global smart home M2M market has been segmented into access & security control, energy & climate management, home entertainment, lighting and others. The market revenue for smart home M2M has been provided in terms of USD million, along with the compound annual growth rate (CAGR) for the forecast period from 2017 to 2025. In-depth analysis of the current trends in different regions including North America, Europe, Asia Pacific, South America and Middle East & Africa (MEA), under the regional market analysis present in the report. The regional overview, provided in the report for each region, details the current trends of the smart home M2M market for the respective regions.
Global Smart Home M2M Market: Drivers and Restraint
The report also provides specific assessment of the various factors impacting the global smart home M2M market's growth, which are described as growth drivers, market restraints, and opportunities. These factors aid in pointing out the various existing and upcoming trends, coupled with their impact on market growth. Overall, considering the various factors affecting the smart home M2M market, the report includes a comprehensive analysis of the global smart home M2M market, and provides the anticipated growth for the forecast period 2017 to 2025.
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Global Smart Home M2M Market: Competitive Analysis
For supporting strategic decision-making, the report also includes competitive profiling of leading companies of smart home M2M market, their overview, SWOT analysis, different product and business segments, unique business strategies adopted by them, revenue garnered by the companies and their regional revenue share. The SWOT analysis, provided for each of the companies profiled, focuses on the strengths, weaknesses, opportunities and threats of the profiled companies, thus providing a enhanced understanding of the position of the major players in this market. Key stakeholders of the report include product manufacturers, product integrators, distributors, service providers and others.
Value chain analysis, included in the report, allows for a better understanding of the key stakeholders covered under the scope of the report and how the stakeholders are contributing to the smart home M2M market. The market attractiveness analysis, and competitive landscape included in the report provide insight into market dynamics, competition present in the industry and the most attractive segments in the smart home M2M market. The competitive landscape, provided in the report, allows for a better understanding of the major strategies undertaken by the industry leaders and their plans for a sustained growth in this industry.
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Some of the leading players in the market are Cisco Systems, Inc. (The U.S.), AT&T, Inc. (The U.S.), Gemalto NV (The Netherlands), Intel Corporation (The U.S.), Vodafone Group PLC (The U.K.), Telit Communications PLC. (The U.K.), Deutsche Telekom AG (Germany), Sprint Corporation (The U.S.), KORE Wireless Group, Inc. (The U.S.), and Sierra Wireless, Inc. (The U.S.) among others.
The global smart home M2M market has been segmented as follows:
Global Smart Home M2M Market, by Technology
Others (Bluetooth, Zigbee, etc.)
Global Smart Home M2M Market, by Application
Access & Security Control
Energy & Climate Management
Others (Connected Wellness, Smart Appliances, etc.)
Global Smart Home M2M Market, by Region
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle-East & Africa