Connected Home Appliance Market - Opportunities and Forecast, 2016 - 2020embed
According to the report, one driver leading to the growth of this market will be the rising smartphone penetration. The US is the world's largest 4G market. Currently, it has 80% smartphone adoption rate with respect to its population.
Market Reports Center One Stop Market Reaserch Shop Connected Home Appliance Market in the US to grow at a CAGR of 39.47% during the period 2016-2020 Summary Technavio Announces the Publication of its Research Report – Connected Home Appliance Market in the US 2016-2020 Technavio recognizes the following companies as the key players in the Connected Home Appliance Market in the US: ARRIS, AT&T, Comcast, Honeywell, and Samsung. Other Prominent Vendors in the market are: Bosch, Control4, Dacor, Electrolux, Frigidaire, GE, Haier, iControl Networks, Ingersoll-Rand, LG, Panasonic, Sprint, Thermador, Vivint, and Whirlpool. Commenting on the report, an analyst from Technavio’ s team said: “One trend inciting market growth is the use of Bluetooth and low-power Wi-Fi to operate smart home products. Low-power Wi-Fi has its significance with the combination of two products: Roost (a connected battery) and Homeboy (a rechargeable security camera). Roost converts a smoke detector into a connected smoke detector working through the low-power Wi-Fi IP, which is built as per the standard protocol. The main advantage is the easier and the fast communication that occurs due to Bluetooth technology, unlike WiFi that consumes time due to cloud networking for transferring and retrieving the information.” Browse Detail Report With TOC @ https://marketreportscenter.com/reports/316866/connected-home-appliance-market-in-the-us-20162020 According to the report, one driver leading to the growth of this market will be the rising smartphone penetration. The US is the world's largest 4G market. Currently, it has 80% smartphone adoption rate with respect to its population. Increasing smartphone data usage is driving the connected home Market Reports Center One Stop Market Reaserch Shop appliances market in remote monitoring and controlling of the devices. Further, the report states that a major challenge for this market will be the lack of awareness and understanding of connected devices. The market is facing high end-consumer conservatism in terms of smart home technology. Consumers are unaware of the latest technological advances and the possible benefits. Therefore, in most cases, they are apprehensive about embracing smart home technology. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. About Connected Home Appliances Smart home appliances allow users to monitor and control household activities from a remote location. These appliances allow for a convenient lifestyle and enhance the quality of life. They conserve energy and, therefore, help reduce electricity bills. Connected home appliance companies are focusing on the untapped consumer segments to boost market revenue. The market is expected to witness rapid growth in the forecast period due to the increased awareness of connected devices. Technavio’ s analysts forecast the connected home appliance market in the US to grow at a CAGR of 39.47% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the connected home appliance market in the US 2016-2020. To calculate the market size, the report considers the revenue generated from the connected services provided by telecom operators, Internet service providers, managed service providers, and equipment providers for smart appliances. Key vendors • ARRIS • AT&T • Comcast • Honeywell • Samsung Other prominent vendors • Bosch • Control4 • Dacor • Electrolux • Frigidaire • GE Market Reports Center One Stop Market Reaserch Shop • Haier • iControl Networks • Ingersoll-Rand • LG • Panasonic • Sprint • Thermador • Vivint • Whirlpool Market driver • High availability of home broadband connectivity • For a full, detailed list, view our report Market challenge • Lack of standardization and interoperability of devices • For a full, detailed list, view our report Market trend • Increased adoption of cloud-based technologies • For a full, detailed list, view our report You can request one free hour of our analyst’ s time when you purchase this market report. Details are provided within the report. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/316866 Table Of Content PART 01: Executive summary • Highlights PART 02: Scope of the report • Market overview • Top vendor offerings PART 03: Market research methodology • Research methodology • Economic indicators PART 04: Introduction • Key market highlights PART 05: Market landscape • Market overview • Market size and forecast • Five forces analysis PART 06: Market drivers Market Reports Center One Stop Market Reaserch Shop PART 07: Impact of drivers PART 08: Market challenges PART 09: Impact of drivers and challenges PART 10: Market trends PART 11: Vendor landscape • Competitive scenario • Mergers and acquisitions • Key vendor analysis • Other prominent vendors PART 12: Appendix • List of abbreviations PART 13: Explore Technavio To Get Discount On The Report @ https://marketreportscenter.com/request-discount/316866 About Us: Market Reports Centeris an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. 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