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(Wireless-NewsWire.Com, December 09, 2016 ) A smart home comprises internal network, home automation, and intelligent control. It is commonly defined as a home that is equipped with digital devices and home appliances. These devices and appliances are interconnected with each other and can be remotely accessed by end-users with the help of their smartphone or tablet from a remote location. Smart home offers a wide variety of applications such as home automation, home security, energy management, home cloud, and e-health services. It provides a better experience to consumers by providing comfort and convenience.
Technavio's analysts forecast the smart home market in the US to grow at a CAGR of 38.02 percent over the period 2015-2019.
Covered in this report
The smart home market in the US can be classified into six major application segments: energy management and climate control systems, security and access control systems, lighting control systems, home appliances, home entertainment systems, and healthcare systems.
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Technavio's report, the Smart Home Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the landscape of the smart home market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors
- Alarm.com
- AlertMe.com (British Gas)
- AT&T
- Comcast
- Honeywell International
- iControl Systems
- Samsung Electronics
- Sprint
- Verizon Communications
Other vendors
- ADT
- Amdocs
- Arrayent
- Arris Enterprises
- CentraLite Systems
- Ecobee
- Electrolux Home Products
- Google
- Grid Net
- IBM
- Ingenious Med
- Ingersoll-Rand
- Intel-GE Care Innovations
- Leviton Manufacturing
- LG Electronics U.S.A.
- Lutron Electronics
- Numera
- Overhead Door
- Philips Lighting North America
- Radio Thermostat Company of America
- Savant Systems
- Siemens Industry
- Somfy Systems
- System Sensor
- Tendril Networks
- Tyco International
- United Technologies
- Universal Electronics
- Versus Technology
- Voxiva
- WellDoc
- Whirlpool
Market driver
- Demand for energy-efficient solutions
- For a full, detailed list, view our report
Market challenge
- Concern over privacy and security
- For a full, detailed list, view our report
Market trend
- Increased use of thermostats
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 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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