A smart home comprises of 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. This facilitates sophisticated monitoring and control over the building's functions. Smart home devices perform three major actions — remote status checks, remote information, and remote control — to implement any action from a remote location.
Technavio’s analysts forecast the global smart home M2M market to grow at a CAGR of 32.22% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global smart home M2M market for 2017-2021. To calculate the market size, the report considers the revenue generated from solutions that have a smartphone application or a web portal for the user interface.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Smart Home M2M Market 2017-2021, 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 - AT&T - British Gas - China Mobile - Comcast - Honeywell International - Vodafone
Other prominent vendors - Alarm.com - Amdocs - ARRIS International - August Home - Bosch - BT - Canary Connect - China Telecom - China Unicom - Cisco - Cocoon Labs - CONTROL4 CORPORATION - Crestron Electronics - Cyber Homes - Dacor - Deutsche Telekom - Electrolux - Emerson - G4S - Google - Haier - Korner - LG - MivaTek - Nest Labs - NETGEAR - Panasonic - Samsung - SimpliSafe - SK Telecom - Sprint - Sonera - Thermador - Verizon Communications - Vivint - Whirlpool - Withings (Nokia)
Market driver - Cost savings due to the adoption of energy conservation systems. - For a full, detailed list, view our report
Market challenge - Lack of standardization and interoperability of devices. - For a full, detailed list, view our report
Market trend - Enhanced security and safety features with effective monitoring technology. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 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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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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