Enjoy complimentary customisation on priority with our Enterprise License!
Technavio’s market research analyst predicts the smart home M2M market in APAC to grow profoundly at a CAGR of around 41% during the forecast period. The increasing demand for energy efficient solutions has been positively affecting the market for smart home M2M in APAC. In this market study, the analysts have estimated eminent factors, such as the high penetration of broadband networks, growing awareness of digital technologies among residential users, and the increased dependency on technology for daily activities, to spur the prospects for market growth until 2020.
The populace’s augmented demand for security and safety will have a positive effect on this market. Recently, it has been observed that demand for smart homes is rising as they 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. These systems can be accessed with the help of a remote that sends signals through wireless GSM technology to ensure reliable and fast communication between consumers and home security systems.
The smart home M2M market in China is anticipated to grow at a CAGR of around 51% during the forecast period. The concept of smart home is in the nascent stage in China but is expected to grow rapidly during the forecast period. The rising demand for smart indoor lighting, home monitoring cameras, and smart security systems in this region will augment market growth until 2020.
The smart home M2M market in APAC is an emerging market and is highly fragmented due to the presence of numerous large and small vendors. The level of competition in this market is expected to increase rapidly as many telecommunication operators, platform providers, chip providers, device manufacturers, and OEMs are entering this market to reap the benefits of its high growth potential.
Top vendors in the market are -
Other prominent vendors in the market include Amdocs, Arris Enterprises, Bosch, CHN Smart Ltd. ChinaTelecom, Control4, Crestron, Electonics, Electrolux Home Products, Emerson Electric, GE, Google, Haier, IBM, Ingersoll-Rand, Landis+Gyr, Legrand, Leviton Manufacturing, LG Electronics, Lutron Electronics, NETGEAR, Philips Electronics, Samsung, Siemens, SmartThings (Samsung), SoftBank, SK Telecom, Tyco International, United Technologies, and Whirlpool.
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
PART 13: Appendix
PART 14: Explore Technavio
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.