Smart Home M2M is
defined as a technology that has an intrinsic network, intelligent
control system and home automation system as its basic components.
This technology is equipped with home appliances, digital devices and
other components that are interconnected and are accessed with the
help of a smart gadget from a far off location.. The Smart Home M2M
market has been segmented by product, technology, application, end
user industry and geography.
In terms of product
, the Smart Home M2M market has been has been segmented into lighting
control, security access control, entertainment control, Home
Healthcare, Smart Kitchen , HVAC control, smart meter, smart hub,
smart plug and smoke detector among others. In terms of technology,
the Smart Home M2M market has been segmented into protocols and
standards, wireless communication technologies and network
technologies. Additionally, in terms of application, the Smart Home
M2M market has been segmented into energy management systems,
healthcare systems, climate control systems, home appliances, home
entertainment systems, lighting control systems, and security and
safety control systems among others.
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Moreover, the Smart
Home M2M market is also segmented in terms of end user industry into
healthcare, defense and military, retail and hospitality,
transportation and logistics, public sector , oil and gas, Banking
and financial services , manufacturing and education among others.
In terms of geography, the Smart Home M2M market has been segmented
into five geographies namely North America, Europe, Asia Pacific
(APAC), Middle East & Africa (MEA) and Latin America.
Increased usage of
Smart Home M2Ms in smart devices and increase in investment on smart
devices by the key vendors across the globe has contributed to the
growth of Smart Home M2Ms market. Moreover, the concept of smart
cities and smart buildings and connected cities are also going to
drive the demand in Smart Home M2M market. Due to these concept there
is an increase in demand of smart home M2M for safety management,
waste and water management, and infrastructure management among
others. Increased deployment of high speed 4G-LTE wireless network
technology supporting high bandwidth application in the
telecommunications industry is a major factor driving the expansion
of the Smart Home M2M market. Increased technological need to
increase automation and increased usage of internet and internet
based applications are also important factors prompting the expansion
of the Smart Home M2M market. Rapid expansion in the field of safety
and defense and security with effective monitoring systems is also
fuelling the growth in Smart home M2M market., This, in turn, is
driving the expansion of the Smart Home M2M market globally.
Increasing awareness of various technological modifications is a key
factor driving the demand for Smart Home M2M in the market.
Fast-changing trends and consumer preferences such as customization
and industry-specific testing services are key factors that have led
to the rise in demand for Smart Home M2M in the market.
By geography, Smart
Home M2Ms market has been segmented into five regions as North
America, Europe, Asia-Pacific (APAC), South America and Middle East &
Africa (MEA). Asia-Pacific (APAC) is the dominant segment in the
global Smart Home M2M market followed Europe and (APAC). In terms of
revenue and market share, Asia-Pacific (APAC) leads the market
globally. Expansion of the telecommunications and network industry
and rise of regional players has led to the expansion of the Smart
Home M2M market. South Korea, China, Japan are expanding consistently
in the Smart Home M2M market. Europe is also rapidly expanding
segment in the Smart Home M2M market. The U.S. is among the leading
contributors to the North America Smart Home M2M market.
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The top players in
the market include the key players in the global smart home M2M
market such as British Gas, AT&T, China Mobile,
Honeywell,Comcast, Samsung, Vodafone and Deutsche Telekom and.Apart
from top players in the market, Other major vendors in the market
are Arris Enterprises, Amdocs,August, Bosch, BT, China Unicom, CHN
Smart, China Telecom, Cisco, Control4, Currys, Cyber Homes, Crestron
Electronics, Dacor, EE, Emerson Electric, Frigidaire, Electrolux,
Frontpoint, G4S, Haier, Home, GE, Google, Home Smart Home,
HomeWizard, Korner, LG, iControl Networks, Ingersoll-Rand,
LifeShield, MivaTek, NETGEAR, Panasonic, Myfox, Nest, SimpliSafe, SK
Telecom, TeliaSonera, Thermador, SmartThings, Sprint, UK Automation,
Withings, Vivint, Whirlpool, and Xfinity.
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