DUBLIN, May 16, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Smart Home M2M Market in APAC 2016-2020" report to their offering.
The smart home M2M market in APAC to grow at a CAGR of 40.63% during the period 2016-2020.
Smart Home M2M Market in APAC, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
To calculate the market size, the report considers the revenue generated from categories such as connected homes, home entertainment systems, home appliances, energy management and climate control systems, security and access control systems, lighting control systems, healthcare systems, and others.
The growing use of wearable devices is expected to have a positive impact on the market. Wearable devices are also being widely used in hospitals and connected homes to provide better healthcare facilities to people. These devices work on M2M technology as data exchange takes place between two devices. A wearable device, for example, can capture the movements of a patient with mental illness, and the data can be directly sent to a physician's tablet or any other handheld device. Wearable devices such as activity trackers, smartwatches, glucose monitors, heart rate monitors, health monitors, and pedometers are used to track the activities of doctors, staff, and patients.
According to the report, rising demand for safety and security will propel growth of the smart home M2M market. Smart homes enable interactive security systems that increase the level of protection expected by consumers. Smart homes incorporate automatic systems, which include motion and window sensors, thermostats, lights, and door lock controls. Remote controls can be used to manage these systems so that they perform the required actions effectively; remote control signals are sent through wireless GSM technology to ensure reliable and fast communication between consumers and home security systems. The automatic systems also help monitor pets through cameras installed in homes.
Further, the report states that high initial investment for home automation could deter consumers from adopting such solutions.
- China Mobile
- China Unicorn
- Samsung Electronics
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/3wvkv6/smart_home_m2m
Research and Markets
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SOURCE Research and Markets