Albany, NY -- (SBWIRE) -- 05/28/2015 -- The research document on the global smart homes market examines the scenario with the aid of detailed overviews and key market statistics. The report enunciates the industry's overall capacities, aggregate growth rate, and infrastructure systems in use. It also explores the major opportunities for growth, as well as restraints on the smart homes market. Growing safety concerns and improvements in remote technology are the key driving factors in the smart homes market. The market also creates supplementary growth for all related markets such as smartphones, tablet PCs, and LED-makers.

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The research report investigates statistics from current as well as historical sources, to provide accurate forecasts of the market size and production details. It will unveil a tradition of European and American regions as having the top players for smart homes markets. The following market regions are in Asia-Pacific and other developing countries.

A wide range of graphical statistics makes for an easy-to-understand market analysis. Furthermore, the use of Porter's five forces model analysis, the SWOT analysis, and an analysis of the value-chain will help you maintain pace with the projected opportunities and competition in the smart homes market.

Overview:

Any residence that is equipped with devices and software that allow its occupants to control various aspects of their home remotely is classified as a smart home. The technology not only responds to user commands, but it can also be built to anticipate common commands to regulate the home's functionalities. Smart homes also focus on the appeal of homeowners acquiring a fully-controlled environment that incorporates technology which can adapt to particular tastes. There are many initiatives found in this market today, with a sufficiently low rate of regulation.

Other factors that promote growth in the global smart homes market are an ageing population, government initiatives, and the inclusion of top electronics brands like Apple and Samsung into the picture. Most smart homes market players aim to increase controllability and security, along with providing time-saving and energy-saving alternatives. North America is the current leader in the smart homes market, followed closely by Europe and the Asia-Pacific region. The smart homes market is set to achieve double digits of growth percentages in developing countries over the next few years.

The top application insights in a smart homes market include lighting, entertainment, security, power management, and HVAC control. Government initiatives – especially in North America – include remotely controlling gas, water, and power meters to fall into the smart grid with ease. Security features include the use of sensors and alarms that intimate the homeowner of any activity within the control premises. Entertainment and utility features include remotely recording television programs and activating the washing machine or dishwasher.

Companies Mentioned:

The report incorporates the latest and archived developments in the smart homes market through its top competitors. The list includes names such as Revolv, Philips Hue, SmartThings, and Staples Connect.

Major geographies analyzed under this Research Report are:
Europe
North America
Asia-Pacific
Rest of the World

This Report gives you access to Decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years

Key highlights of this Report:
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product segments

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About Transparency Market Research
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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