MarketsandMarkets: Global Smart Homes Market Worth US $13.4 Billion By 2014
analyzes the smart home products and services market over the period
2009-2014. The report studies the major market drivers, restraints, and
opportunities for the Global Smart Homes market.
Browse more than 15 market data tables and in-depth TOC on Global Smart
Homes Market. Early buyers will receive 10% customization of reports.
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The Global Smart Homes market is estimated to be
growing at a CAGR of 16.5% from 2009 to 2014, driven by the increasing ageing
population worldwide. The markets for smart home products and services are
expected to grow at a CAGR of 16.3% and 17% respectively. Rise in the ageing
population is the major driving force for the growth of the market.
Government initiatives and rising smart home adoption rates due to increasing
personal income in
Further, growing interest from the consumer electronics industry and
novel technologies are also expected to fuel market growth in the coming
years. However, there is a need for common standards for the usage of smart
home technologies such as Zigbee, Z-Wave, KNX, Insteon etc. Moreover, ethical
guidelines on the use of technologies that raise privacy issues are also
required. Market players are now focusing on new product and consolidations
to enhance their commercial portfolios. Collaborations, new product launches
and improvements in the existing line of products are the major growth
strategies employed by the companies in order to main a competitive position
in the market.
SCOPE AND FORMAT
The report analyzes the Global Smart Homes market into the following
segments:
- Smart Home Products Market (Security, Lighting, HVAC, Entertainment,
Home Health, Energy Management)
- Smart Home Services Market (Installation & Repair, Customization)
The market data consists of aggregate sales figures of all Global Smart
Homes submarkets. It analyzes the market aspects of products and services;
sourcing key market developments from the top companies that it profiles.
Analyst Briefing Presentation on the Global Smart Homes Market to be held
on
MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on
the Global Smart Homes Market to be held on
the Global Smart Homes market (2009-2014) will benefit the device
manufacturers, suppliers and builders.
To register your participation, please click here
http://www.marketsandmarkets.com/AnalystBriefing/smart-homes-market.asp
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