DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global IT Spending Market for Smart Homes 2016-2020" report to their offering.
The report forecasts the global IT spending in smart home market to grow at a CAGR of 18.13% during the period 2016-2020.
The report 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.
According to the report, increased use of smart sensor technology will be a key driver for market growth. The use of smart sensor technologies is supporting advanced IT technologies such as M2M communications and analytics. The use of sensor technology to support smart projects, such as smart traffic, smart lighting, smart waste management, and smart grids, are also on the rise. The use of sensor technology in IT solutions, such as IoT for infrastructure development is also gaining traction.
Sensors are also embedded in IoT to provide seamless connectivity. Smart sensors make the devices intelligent to detect gestures and motions that help make real-time decisions. Smart sensors are different from traditional sensor technologies because the former are equipped with additional features for smart home automation solutions.
- Honeywell International
- Schneider Electric
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: Market segmentation by technology
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor profile
PART 15: Appendix
For related information on this topic, check out the Internet of Things and M2M section of the Research and Markets blog.
For more information about this report visit http://www.researchandmarkets.com/research/949zbb/global_it