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HAN Application Market Demand, Rising Trends and Technology Advancements 2022 to 2029

03-22-2022 12:01 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Allied Market Research

Allied Market Research

A home area network (HAN) is a dedicated network that connects devices in the house such as displays, load control displays, and smart appliances into a smart metering system. It also provides software applications to monitor and control such networks.

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A rise in the adoption of smart grid infrastructure to benefit home owners directly is expected to boost the market. Advancements in wireless technologies such as energy management, connections management, and smart metering are anticipated to fuel the market. Cyber security threat and interoperability are some of the restraining factors that are expected to hinder the growth of the market. However, the increasing demand for smart home network is expected to boost the market during the forecast period.

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The HAN application market is segmented on the basis of product type, application, and geography. By product, the market is divided into z-wave, ZigBee, homeplug, wireless m-bus, and others. By application, the market is segmented into smart meter, in-house displays, and home energy management systems. Based on geography, the market is classified into North America, Europe, Asia-Pacific, and LAMEA.

Cisco Systems Inc., GE Energy, Silver Spring Networks, Google, Motorola Mobility Holdings, Control4, Tendril Networks, Calico Energy, Honeywell, and ABB are some of the major key players of the global HAN application market.

Key Benefits:

• This report provides an extensive analysis of the current and emerging market trends and dynamics in the global HAN application market.
• In-depth analysis has been conducted by constructing market estimations for key market segments between 2016 and 2023.
• Extensive analysis of the market is conducted by following key product positioning and monitoring top competitors within the market framework.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

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