Smart Home M2M Market in the US 2016-2020

Outlook of the smart home M2M market in the US

According to the market research analysts at Technavio, the smart home M2M market in the US is expected to show tremendous growth and will post a staggering CAGR of more than 35% over the predicted period. One of the primary drivers proliferating the growth of this market is the augmented adoption of smart technologies such as programmable thermostats in the US. A programmable thermostat is a smart home device that can regulate the room temperature to the desired level automatically. These are ideal for managing energy consumption inside a house. This smart device allows the end user to adjust the temperature of the room from a remote location using a smartphone or a tablet. Therefore, programmable thermostats and zone-based thermostats offer a wide range of interactive and intelligent home solutions and also enable the end users to manage their energy usage efficiently. The increasing need to reduce energy usage will lead to its augmented adoption which will propel the smart home M2M market in the US until the end of 2020.

One of the emerging trends spurring this market’s growth prospects is the remote arming of smart home alarm systems. A remote-controlled arm is an easy way to connect users efficiently with their home security system. For example, Piper, iControl Networks' all-in-one home security system, features smart arming, a feature which allows users to set their system remotely from a mobile device. Moreover, the Piper app lets users check if anyone is home and sets an alarm when no presence is detected. This app also provides notifications to inform about any breach in security by texts, phone call, and e-mail. This device used a Z-wave compatible and Wi-Fi enabled camera for monitoring panoramic video and sound detection.

Segmentation by application and analysis of the smart home M2M market in the US 

• Energy management and climate control systems
• Security and access control systems
• Home appliances
• Lighting control systems
• Home entertainment systems
• Healthcare systems