Smart Home M2M Market Segmentation by Product Types and Application with Forecast to 2021
“Global Smart Home M2M Market” newly added in ReportsWeb.com database. This report covers leading key company profiles with information such as business overview, regional analysis, consumption, revenue and specification
(EMAILWIRE.COM, March 22, 2018 ) Publisher’s market research analyst predicts the global smart home M2M market to grow steadily at a CAGR of above 32% by 2021. One of the primary drivers for this market is the rise in the number of installation of smart meters. Smart meters offer an extensive range of interactive and intelligent solutions. They allow the consumers to effectively manage the energy resources by providing consumption details at every point in time. They send the relevant details of home energy use to the energy supplier so that the electricity bill can be sent without having to check the reading on the home meter physically. A smart energy meter combined with an in-home display (IHD) provides real-time information about the use of gas and electricity in their respective measurement units. These smart meters aid the consumer for better monitoring and control of the energy devices through energy management systems (EMS). Moreover, smart energy meters offer a range of interactive and intelligent solutions. They allow consumers to manage energy resources by providing a continual stream of consumption details. These details are also sent to the energy suppliers so that they can generate electricity bills without the compulsion to check home meters physically. These advantages of a smart meter are expected to propel growth in the global smart home M2M market during the forecast period.
One of the latest trends gaining traction in this market is the emergence of enhanced security and safety features with effective monitoring technology. Smart homes generally incorporate automatic systems, which include motion and window sensors, thermostats, light controls, and door lock controls that receive remote control signals and perform the required actions. The control signals are sent using the wireless system for mobile communication (GSM) technology to ensure reliable and fast communication between users and home security systems. For instance, Digital Life, AT&T's consumer home security and automation service, provides uninterrupted home security with the help of monitoring centers. It addresses critical situations by directly contacting the fire, medical, or any other emergency authorities using the AT&T 3G wireless network. This, in turn, is expected to augment growth in the global smart home M2M market in the coming years.
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Competitive landscape and key vendors
The global smart home M2M market is highly fragmented and comprises of telecommunications operators, platform providers, chip providers, device manufacturers, and OEMs. There are several established players operating in different verticals in the global smart home M2M market. Many startups have established their presence in the market to leverage the DIY trend among key customer segments. Consequently, this is expected to intensify the competition among the key vendors in the next four years.
Leading vendors in the market are –
AT&T
British Gas
China Mobile
Comcast
Honeywell International
Vodafone
Other prominent vendors in the smart home M2M market include 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, and Withings (Nokia).
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Segmentation by type and analysis of the Smart Home M2M market
Energy management and climate control systems
Security and access control systems
Home appliances
Lighting control systems
Home entertainment systems
Healthcare systems
During 2016, the energy management and climate control systems segment dominated the smart home M2M market and accounted for a major part of the overall market share. Factors such as the penetration of wireless internet and the growing awareness of cloud services among consumers are the major contributors to the dominance of this segment in the global market.
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One of the latest trends gaining traction in this market is the emergence of enhanced security and safety features with effective monitoring technology. Smart homes generally incorporate automatic systems, which include motion and window sensors, thermostats, light controls, and door lock controls that receive remote control signals and perform the required actions. The control signals are sent using the wireless system for mobile communication (GSM) technology to ensure reliable and fast communication between users and home security systems. For instance, Digital Life, AT&T's consumer home security and automation service, provides uninterrupted home security with the help of monitoring centers. It addresses critical situations by directly contacting the fire, medical, or any other emergency authorities using the AT&T 3G wireless network. This, in turn, is expected to augment growth in the global smart home M2M market in the coming years.
Get Request Sample Copy is Available at: http://www.reportsweb.com/inquiry&RW0001692820/sample
Competitive landscape and key vendors
The global smart home M2M market is highly fragmented and comprises of telecommunications operators, platform providers, chip providers, device manufacturers, and OEMs. There are several established players operating in different verticals in the global smart home M2M market. Many startups have established their presence in the market to leverage the DIY trend among key customer segments. Consequently, this is expected to intensify the competition among the key vendors in the next four years.
Leading vendors in the market are –
AT&T
British Gas
China Mobile
Comcast
Honeywell International
Vodafone
Other prominent vendors in the smart home M2M market include 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, and Withings (Nokia).
For Inquire before Buying at: http://www.reportsweb.com/inquiry&RW0001692820/buying
Segmentation by type and analysis of the Smart Home M2M market
Energy management and climate control systems
Security and access control systems
Home appliances
Lighting control systems
Home entertainment systems
Healthcare systems
During 2016, the energy management and climate control systems segment dominated the smart home M2M market and accounted for a major part of the overall market share. Factors such as the penetration of wireless internet and the growing awareness of cloud services among consumers are the major contributors to the dominance of this segment in the global market.
Get Complete Report is Available at: http://www.reportsweb.com/global-smart-home-m2m-market-2017-2021
About Us:
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
Contact Us:
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: 6464919876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: 6464919876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results