Press release
Smart Home M2M Market In The UK to grow at a CAGR of 24.39% by 2019
About smart homeA smart home comprises an 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 M2M market in the UK to grow at a CAGR of 24.39% over the period 2014-2019.
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Covered in this report
The report covers the current scenario and the growth prospects of the smart home M2M market in the UK for the period 2015-2019. To calculate the market size, the report considers revenue generated from the following application segments:
1. Connected homes
2. Home entertainment systems
3. Home appliances
4. Energy management and climate control systems
5. Security and access control systems
6. Lighting control systems
7. Healthcare systems
Devices or solutions that are operated or controlled only with switches, timers, sensors, and remote controls are not included under the scope of this study
Technavio's report, Smart Home M2M Market in the UK 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report presents the vendor landscape and a corresponding detailed analysis of the top seven vendors in the smart home M2M market in the UK.
Key vendors
AlertMe.Com (British Gas)
BT
Cisco
EE
Honeywell
Samsung
Vodafone
Other prominent vendors
Currys
Cyber Homes
Home Automation
Home Smart Home
HomeWizard
Myfox
Nest
SmartThings
UK Automation
Key market driver
Installation of smart meters
For a full, detailed list, view our report
Key market challenge
Lack of standardization and interoperability
For a full, detailed list, view our report
Key market trend
Use of Bluetooth and low-power Wi-Fi to operate smart home products effectively
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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