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Smart Homes: M2M Market 2017 - Market to Grow at CAGR of 28.1% - Global Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023

/EIN News/ -- Dublin, Aug. 10, 2017 (GLOBE NEWSWIRE) -- The "Smart Homes: M2M Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023" report has been added to Research and Markets' offering.

It is estimated that the Smart Homes M2M Market will witness a CAGR of 28.1% during the forecast period 2017-2023. The hypergrowth of technologies such as IoT, artificial intelligence (AI), RFID, wearables, and cloud computing are supporting the adoption of these technologies in homes. The integration of technology with home appliances is leveraging ways to save energy, time, and cost.

The high penetration of broadband network, growth in digital technology, adoption of Bluetooth and Wi-Fi, proliferation of smartphones and tablets and demand for energy efficient solutions in homes are driving the Smart Homes M2M Market growth. However, high upfront cost, lack of standards, and interoperability are acting as barriers to the market growth.

The Smart Homes M2M Market has been segmented and analyzed by the following geographic regions - North America, Europe, APAC and the MEA region. Americas is the leading region for the Smart Homes M2M Market followed by Europe.

North America is the world's most advanced smart home market with an installed base of 12.7 million smart homes at the end of 2015, which is expected to increase to around 46.2 million by the end of 2020. Nearly 70% of household in Western Europe use Wi-Fi to manage energy. However, the adoption of ZigBee is increasing with an expectation to surpass Wi-Fi by the end of 2022. It is estimated that by 2020, around 2.5 million Western European household will be equipped with a smart home controller. The APAC region is growing at a high pace due to cloud-based technology, smart city initiatives, and increased penetration of wearables, especially in India, China, and Japan. The scenario in MEA is changing and expanding the market due to increased spending on smart community projects and increased adoption of sensor technology.

The report provides an in-depth analysis and forecast about the industry covering the following key features:

  • The report not only highlights users' conundrum (challenges and barriers to adopting smart homes M2M) but also brings in their perspective on the market
  • Covers the application segments: Lighting Control, Energy Management, Climate Control, Safety and Security, Healthcare, and Others
  • The market has been analyzed by considering the key regions - Americas, Europe, Asia Pacific, and MEA
  • The smart homes M2M market is analyzed based on connectivity technology (wired and wireless), applications, and regions
  • The report analyzes the top 10 players in terms of market reach, business strategy, and business focus
  • Provides an in-depth analysis of the key business opportunities in each application and technology type
  • Stakeholders' insights and key trends (current and future) of the market

Key Topics Covered:

1 Industry Outlook

2 Report Outline

3 Market Snapshot
3.1 Total Addressable Market
3.2 Segmented Addressable Market
3.3 Related Markets
3.3.1 AI in Homes
3.3.2 Smart Meters

4 Market Outlook
4.1 Overview
4.2 Market Trends and Impact
4.3 Market Segmentation
4.4 Porter 5 (Five) Forces

5 Market Characteristics
5.1 Evolution
5.2 Value Chain
5.3 Benefits and Challenges of Smart Homes M2M Market
5.4 Factors Influencing Smart Home Solutions Choice
5.5 Market Dynamics
5.5.1 Drivers Enhanced global broadband connectivity Increased investment in smart cities, IoT, and M2M communication system Adoption of digital lifestyle Need for safety and security arrangement
5.5.2 Restraints High upfront cost Lack of standards and interoperability Low awareness
5.5.3 Opportunities Opportunities for growth of wearable devices Opportunities from developing economy Opportunities for telecom providers
5.6 DRO - Impact Analysis

6 Applications
6.1 Overview
6.2 Lighting Control
6.3 Energy Management
6.4 Climate Control
6.5 Safety and Security
6.6 Healthcare
6.7 Others

7 Connectivity Technology
7.1 Overview
7.2 Wired Technologies
7.2.1 Ethernet
7.3 Wireless Technologies
7.3.1 Short Range Wi-Fi ZigBee Bluetooth
7.3.2 Cellular Technologies Third-generation (3G) Fourth-generation(4G)/long term evolution (LTE) Fifth-generation (5G)

8 Regions

9 Vendor Profiles
9.1 Cisco System
9.2 Google Inc.
9.3 General Electric
9.4 Panasonic
9.5 Honeywell International Inc.

10 Global Generalist
10.1 Microsoft Corp.
10.2 IBM Corp.
10.3 ABB Ltd.
10.4 SAP SE
10.5 Apple

For more information about this report visit

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         Related Topics: Internet of Things and M2M

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