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Global Smart Home M2M Market to Grow at a CAGR of 32.2%, 2017-2021 with AT&T, British Gas, China Mobile, Comcast, Honeywell International & Vodafone Leading the Way - Research and Markets

[April 07, 2017]

Global Smart Home M2M Market to Grow at a CAGR of 32.2%, 2017-2021 with AT&T, British Gas, China Mobile, Comcast, Honeywell International & Vodafone Leading the Way - Research and Markets

Research and Markets has announced the addition of the "Global Smart Home M2M Market 2017-2021" report to their offering.

The global smart home M2M market to grow at a CAGR of 32.22% during the period 2017-2021.

The report, Global Smart Home M2M Market 2017-2021, 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.

One trend in market is use of Bluetooth and low-power Wi-Fi to operate smart home products. Products that use Bluetooth technology for actions like controlling light bulbs and clicking a picture of the person outside the house for the purpose of identification are gaining popularity in the market. The main advantage of Bluetooth technology is that it is easier to use and allows faster commuication compared to Wi-Fi. Usually, Wi-Fi is slower as takes time use cloud networking for transferring and retrieving the information. Low-power Wi-Fi has its significance as it combines Roost (a connected battery) and Homeboy (a rechargeable security camera). Roost converts a smoke detector into a connected smoke detector working with the low-power Wi-Fi IP, which is built as per the standard protocol.

Key vendors