Albany, NY -- (SBWIRE) -- 07/17/2017 -- Smart home comprises internal network, home automation, and intelligent control. It is a home equipped with digital devices, home appliances, and equipment that are interconnected with each other and can be remotely accessed by users with their of their smartphones or tablets from any location. A smart home also offers a wide variety of applications like home automation, home security, energy management, home cloud, and e-health services, providing convenience and safety to consumers, and enhancing the quality of life. Adoption of smart home appliances reduces energy bills by minimizing wastage of energy.
The smart home M2M market in APAC to grow at a CAGR of 40.63% during the period 2016-2020. The report covers the present scenario and the growth prospects of the smart home M2M market in APAC for 2016-2020. To calculate the market size, the report considers the revenue generated from categories such as connected homes, home entertainment systems, home appliances, energy management and climate control systems, security and access control systems, lighting control systems, healthcare systems, and others.
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The market is divided into the following segments based on geography:
- South Korea
Technavio's report, Smart Home M2M Market in APAC, 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.
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- China Mobile
- China Unicorn
- Samsung Electronics
Other prominent vendors
- Arris Enterprises
- CHN Smart
- China Telecom
- Crestron Electronics
- Electrolux Home Products
- Emerson Electric
- Leviton Manufacturing
- LG Electronics
- Lutron Electronics
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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