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.
Scope of the Report:This report studies the Smart Home M2M market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Smart Home M2M market by product type and applications/end industries.
During 2017, 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.
In this smart home M2M market forecast study, analysts have estimated the EMEA to be the fastest growing region in the global smart home M2M market during the forecast period. Factors such as the availability of high-speed wireless networks and increased smartphone penetration have contributed significantly to the growth of the smart home M2M market share and smart home M2M market value in the region.
The global Smart Home M2M market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Smart Home M2M.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers AT&T
British Gas
Cisco
China Mobile
Honeywell International
Comcast
Emerson
Vodafone
China Telecom
China Unicom
Google
Samsung
NETGEAR
Haier
Bosch
Electrolux
LG
Panasonic
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Wireless
Wired
Market Segment by Applications, can be divided into Energy Management and Climate Control
Security and Access Control
Home Appliances
Lighting Control
Home Entertainment
Healthcare Systems
Other
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.