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Smart Home M2M Market: Future Demand and Growth Analysis with forecast 2025

Press Release   •   Jun 02, 2017 15:32 EDT

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. 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. 

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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. 

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,

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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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