Market Outlook : Smart Home M2M Market in Western Europe Grow at a CAGR of 39.4% by Revenue During the Period 2017-2020

ResearchMoz presents professional and in-depth study of "Smart Home M2M Market in Western Europe 2016-2020".

Western Europe is known to be one of the most technologically advanced economies in the world and an early adopter of new technologies across industries. Smart home technology is expected to witness exponential growth and adoption in the coming years in Western Europe. The market promises huge opportunities for the connected M2M home appliance players across industries. The demand for smart homes is expected to see an upsurge in the forecast period owing to the growing need for security and a large number of baby boomers in Western Europe.

Technavios analysts forecast the smart home M2M market in Western Europe to grow at a CAGR of 39.4% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the smart home M2M market in Western Europe for 2016-2020. To calculate the market size, Technavio considers the 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.

The market is divided into the following segments based on applications:
Energy management and climate control systems
Security and access control systems
Lighting control systems
Home appliances
Home entertainment systems
Healthcare systems

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Technavio's report, Smart Home M2M Market in Western Europe 2016-2020, 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
British Gas
Deutsche Telekom
Honeywell International
Samsung
Vodafone

Other prominent vendors
August
Bosch
BT
Cisco
Control4
Currys
Cyber Homes
EE
Electrolux
GE
Home automation company
Home Smart Home
HomeWizard
LG
Myfox
Nest
Panasonic
SmartThings
TeliaSonera
UK Automation
Whirlpool

Market driver
Increased installation of smart meters
For a full, detailed list, view our report

Market challenge
High cost of M2M security systems
For a full, detailed list, view our report

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Market trend
Adoption of cloud-based technologies for smart home applications
For a full, detailed list, view our report

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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Market Outlook : Smart Home M2M Market Globally Grow at a CAGR of 37.69% by Revenue During the Period 2017-2020

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.

Technavios analysts forecast the global smart home M2M market to grow at a CAGR of 37.69% during the period 2016-2020.

Covered :
The report covers the present scenario and the growth prospects of the global smart home M2M market for 2016-2020. To calculate the market size, the report considers the revenue generated from solutions that have a smartphone application or a web portal for user interface.

Segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Smart Home M2M Market 2016-2020, 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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Key vendors
AT&T
British Gas
China Mobile
Comcast
Deutsche Telekom
Honeywell International
Samsung
Vodafone

Other prominent vendors
Amdocs
Arris Enterprises
August
Bosch
BT
China Telecom
China Unicom
CHN Smart
Cisco
Control4

Key driver
Adoption of cloud-based technologies for smart home applications
For a full, detailed list, view our report

Key challenge
Lack of standardization and interoperability of devices
For a full, detailed list, view our report

Key trend
Ambient intelligence through IoE in tandem with big data analytics and smart devices
For a full, detailed list, view our report

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG