Report: Smart Homes Market 2014-2020


Reading time ( words)

Research and Markets has announced the addition of the "Smart Homes Market (2014 - 2020: By System Types (Security systems, HVAC, Lighting Control Systems, Entertainment); by standards (DALI, KNX, Wi-Fi, Zigbee, Enocean)"report to their offering.

The smart home market is a market comprising of home automation and greener energy. This market has been witnessing tremendous growth due to their efficient energy saving and eco friendly nature, not only in developed regions of the world, but also in developing countries. Awareness about the convenience and cost effectiveness offered by these products and services is also increasing the demand for this market. Advanced technologies are proving use of greener energy appliances affordable and time saving.

The smart home equipment and services market is slated to grow at 8% to 10% year-on-year for the next five years. The market is estimated to reach $68 billion by 2018.

Emergence of internet of things is a very important market driver for smart homes. The technology behind smart homes has existed for decades now. The challenge this market has faced so far is due to the huge bulk of consumers didn't have the knowledge about the technologies that can make their work easier.

For more information, click here

Share

Print


Suggested Items

Extending Field of View in Advanced Imaging Systems

08/12/2019 | DARPA
The military relies on advanced imaging systems for a number of critical capabilities and applications – from Intelligence, Surveillance, and Reconnaissance (ISR) and situational awareness to weapon sights. These powerful systems enable defense users to capture and analyze visual data, providing key insights both on and off the battlefield.

DARPA Funding Brings Machine Learning to BAE Systems’ Signals Intelligence Capabilities

07/08/2019 | BAE Systems
The solution provides a reconfigurable hardware platform for developers to make sense of radio frequency signals in increasingly crowded electromagnetic spectrum environments.

Small Eye in the Sky: Special Forces Will Soon Have New Enduring ISR Option

04/29/2019 | Lockheed Martin
Combating counterinsurgency, conducting reconnaissance, collecting information vital to national security, United States Special Forces conduct some of the most sensitive and critical missions.



Copyright © 2021 I-Connect007. All rights reserved.