The Smart Home M2M industry report provides in-depth analysis of the present scenario and growth prospects considering geographic regions, top vendor analysis, market size, share, dynamics, segmentation by product and application including detail list of exhibits. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.
The Smart Home M2M market in the US to grow at a CAGR of 35.23% during the period 2016-2020.
To calculate the market size, the report considers revenue generated from solutions that have a smartphone application or a web portal for the user interface. These include M2M platforms, solutions, and services in the energy management and climate control systems, home appliances, lighting control systems, home entertainment systems, security and access control systems, and healthcare systems.
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A smart home comprises 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, facilitating sophisticated monitoring and control over the building’s functions. It performs three actions: remote status checks, remote information, and remote control to implement any action from a remote location. A smart home enables lighting and temperature control, security, door operations, and other functions. It provides a wide variety of applications such as home automation, home security, home cloud, energy management, and e-health services.
Key players in Smart Home M2M 2016-2020
• Honeywell International
• Verizon Wireless
Other prominent vendors
• iControl Networks
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In the end, the report makes some important proposals for a new project of Smart Home M2M Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 Smart Home M2M industry covering all important parameters.
Smart Home M2M Market driver
• High availability of home broadband connectivity
Smart Home M2M Market challenge
• High cost of M2M security systems
Smart Home M2M Market trend
• Increase in energy management initiatives
Key questions answered in this Smart Home M2M 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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