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Lewes, DE -- (SBWire) -- 05/11/2015 --Report forecast the smart home M2M market in Western Europe to grow at a CAGR of 47.11% over the period 2015-2019.

Smart home consists of internal network, home automation, and intelligent control. It is commonly defined as a home which is equipped with digital devices, home appliances, and other equipment. These devices and appliances are interconnected with each other and can be remotely accessed by the user with the help of their smartphone and tablets from a remote location. Smart home offers wide variety of applications such as home automation, home security, energy management, home cloud, and e-health services. It provides a better experience to consumers by providing comfort and convenience.

According to the report, the rise in aging population and chronic diseases is a key factor fueling the demand for smart home M2M solutions. The aging population in Western Europe is showing growing incidence of chronic illnesses such as diabetes, arthritis, cancer, asthma, and COPD. This section of the population is increasingly dependent on their families and caregivers.

The smart home M2M market in Western Europe can be classified into six major application segments: energy management and climate control systems, security and access control systems, lighting control systems, home appliances, home entertainment systems, and healthcare systems.

The Smart Home M2M Market in Western Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key players in Smart Home M2M Market in Western Europe 2015-2019: AlertMe.com (British Gas), BT Group (British Telecom), Cisco Systems, Honeywell International, Samsung Electronics, Telefonica and Vivendi (SFR)

Other Prominent Vendors in the market are: ADT, Amdocs, Arrayent, Arris Enterprises, Control4, Crestron Electonics, Cytech Europe, Domia Lifestyle, Electrolux Home Products, ENER-G, Google, Hive, IBM, Ingersoll-Rand, Intamac Systems, Landis+Gyr, Legrand, Leviton Manufacturing, LG Electronics U.S.A., Loxone, Lutron Electronics, NETGEAR, Philips Electronics, Savant Systems, Siemens Building Technology, Tado, Teletask, Tyco International, Vattenfall, Vity Technology, Wayne Dalton and Whirlpool

Market Driver
- Increase in aging population and chronic diseases
- For a full, detailed list, view our report

Market Challenge
- Concern over privacy and security
- For a full, detailed list, view our report

Market Trend
- Popularity of connected TV
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 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?

Spanning over 91 pages, "Smart Home M2M Market in Western Europe 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Smart Home Wireless Communication Technologies, Market Landscape, Market Segmentation by Application, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/smart-home-m2m-market-western-europe-2015-2019

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