Smart Home M2M Market in APAC 2016-2020

Outlook of the smart home M2M market in APAC

Technavio’s market research analyst predicts the smart home M2M market in APAC to grow profoundly at a CAGR of around 41% during the forecast period. The increasing demand for energy efficient solutions has been positively affecting the market for smart home M2M in APAC. In this market study, the analysts have estimated eminent factors, such as the high penetration of broadband networks, growing awareness of digital technologies among residential users, and the increased dependency on technology for daily activities, to spur the prospects for market growth until 2020.

The populace’s augmented demand for security and safety will have a positive effect on this market. Recently, it has been observed that demand for smart homes is rising as they enable interactive security systems that increase the level of protection expected by consumers. Smart homes incorporate automatic systems, which include motion and window sensors, thermostats, lights, and door lock controls. These systems can be accessed with the help of a remote that sends signals through wireless GSM technology to ensure reliable and fast communication between consumers and home security systems.

Segmentation by regions and analysis of the smart home M2M market in APAC

• Australia
• China
• India
• Japan
• Singapore
• South Korea