|[April 11, 2014]
Research and Markets: US Connected Home M2M Market 2014-2018 with AT&T, Comcast, Honeywell & Verizon Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/rt9d8m/connected_home)
has announced the addition of the "US
Connected Home M2M Market 2014-2018 with AT&T, Comcast, Honeywell &
Verizon Dominating" report to their offering.
The Global Connected Home M2M market in the US to grow at a CAGR of
35.61 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the
Global Connected Home M2M market in US for the period 2014-2018. To
calculate the market size, the report considers the revenue generated
from the sales of connected home M2M solutions in the US.
One of the main drivers in this market is the increasing number of
broadband connections in households. The household broadband penetration
in the US has been increasing very rapidly in recent years. Most of the
connected home M2M services depend on wireless network connectivity. For
instance, to switch off the bedroom lights remotely, users need wireless
connections at home as well as a smartphone. Since broadband connections
are increasing very rapidl in the US, most people are in a position to
install and use connected home solutions and services. Thus, increasing
broadband connections in households are expected to drive the market
during the forecast period.
The entry of large players into the Connected Home M2M market is an
emerging trend that has been witnessed in recent years. Several large
telecom operators and web service providers have entered into the market
over the last two years. Most of the leading telecom companies have
started investing in several M2M applications to generate multiple
sources of revenue to compensate for the decline in voice-based revenue.
In addition, during the same period, several technological innovators
started investing in innovative smart applications, green technologies,
and location-enabled M2M applications to reach every segment of human
Further, the report states that one of the major challenges in this
market is the increasing concern about customer data privacy. Most users
are skeptical about the usage of connected home M2M devices because
their personal data will be vulnerable. For instance, through a smart
refrigerator, a user can purchase the required groceries. The
refrigerator can store credit card or debit card information of the
user; this information can be hacked and accessed by the smart
refrigerator service provider. In addition, the smart refrigerator
solution provider can access personal information such as usage of
alcohol, chocolates, and soft drinks by the user.
AT&T (News - Alert) Inc.
Honeywell International Inc.
Verizon Communications Inc.
Key Topics Covered:
List of Abbreviations
Scope of the Report
Market Research Methodology
Market Segmentation by Product Category
Market Growth Drivers
Drivers and their Impact
Impact of Drivers and Challenges
Trends and their Impact
Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/rt9d8m/connected_home
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