Global IT Spending Market for Smart Homes 2016-2020

Publisher Name :
Date: 22-Sep-2016
No. of pages: 71
Inquire Before Buying

Smart home solutions require efficient networking infrastructure and hence, investments in upgrading and standardization of ICT infrastructure are rising at a high rate. Leading telecom service providers have tapped into the market to revamp the ICT infrastructure to boost connectivity. IT spending is increasing in wireless technologies to provide seamless connectivity for IoT--enabled smart home appliances. IoT--enabled devices and systems need to communicate with each other in real-time to successfully implement smart home solutions. A standard mobile platform is required to run IoT--enabled applications. We note that the IoT framework has disrupted the market for home appliance systems to a significant extent.

The analysts forecast global IT spending in smart home market to grow at a CAGR of 18.13% during the period 2016-2020.

Covered in this report

This report covers the present scenario and the growth prospects of the global IT spending in smart home market for 2016-2020. To calculate the market size, the report considers the revenue generated from B2B sales of IT solutions such as hardware, software, and IT services.

The market is divided into the following segments based on geography:

  • Americas

  • APAC

  • EMEA

The report, Global IT Spending in Smart Home Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

Key vendors

  • Cisco

  • Honeywell International

  • Intel

  • Schneider Electric

  • Verizon Communications

Other prominent vendors

  • Accenture

  • Alcatel Lucent

  • Amazon Web Services

  • ARM Holdings

  • Dell

  • Ericsson

  • GE

  • Google

  • Huawei

  • Infosys

  • Microsoft

  • Oracle

  • Qualcomm

  • Telefonica

Market driver

  • Higher spending on smart community projects

  • For a full, detailed list, view our report

Market challenge

  • Slow rate of technology adoption

  • For a full, detailed list, view our report

Market trend

  • Increased adoption of voice controlled intelligent system

  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?

  • What are the key market trends?

  • What is driving this market?

  • What are the challenges to market growth?

  • Who are the key vendors in this market space?

  • What are the market opportunities and threats faced by the key vendors?

  • What are the strengths and weaknesses of the key vendors?

Global IT Spending Market for Smart Homes 2016-2020

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report
Market overview
Countries covered
Top-vendor offerings

PART 03: Market research methodology
Research methodology
Economic indicators

PART 04: Introduction
Key market highlights

PART 05: Market landscape
Market overview
Five forces analysis

PART 06: Market segmentation by technology
Global IT spending in smart home market by technology
IT services

PART 07: Geographical segmentation
Global IT spending in smart home market by geography

PART 08: Market drivers
Increased spending on IoT-enabled devices and M2M communication systems
Higher spending on smart community projects
Need for efficient ICT infrastructure for home automation
Increased use of smart sensor technology

PART 09: Impact of drivers

PART 10: Market challenges
Interoperability and system integration issues
Slow rate of technology adoption
Lack of adequate ICT infrastructure

PART 11: Impact of drivers and challenges

PART 12: Market trends
Emergence of artificial intelligence
Rise of smart robotics
Increased adoption of voice controlled intelligent system
Upsurge of analytics of things

PART 13: Vendor landscape
Competitive landscape
Other prominent vendors

PART 14: Key vendor profile
Honeywell International
Schneider Electric
Verizon Communications

PART 15: Appendix
List of abbreviations

List of Exhibits

Exhibit 01: Key considerations for market segmentation by technology
Exhibit 02: Countries covered for market analysis
Exhibit 03: Product offerings
Exhibit 04: IoT technology overview
Exhibit 05: Global IT spending in smart home market 2016-2020 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global IT services spending in smart home market 2015-2020 ($ billions)
Exhibit 08: Global hardware spending in smart home market 2015-2020 ($ billions)
Exhibit 09: Global software spending in smart home market 2015-2020 ($ billions)
Exhibit 10: Global IT spending in smart home market by geography 2015
Exhibit 11: Impact of drivers
Exhibit 12: Impact of drivers and challenges
Exhibit 13: Completive factors among vendors
Exhibit 14: Other prominent vendors
Exhibit 15: Cisco: Smart+Connected communities solutions
Exhibit 16: Cisco: Strategy, strength, and opportunities
Exhibit 17: Cisco: Recent developments
Exhibit 18: Honeywell International: Smart home offerings
Exhibit 19: Honeywell: Strategy, strength, and opportunities
Exhibit 20: Honeywell International: Recent developments
Exhibit 21: Intel: IoT-based smart home solutions
Exhibit 22: Intel: Strategy, strength, and opportunities
Exhibit 23: Intel: Recent developments
Exhibit 24: Schneider Electric: Smart cities solutions and services
Exhibit 25: Schneider Electric: Solutions for city-wide management
Exhibit 26: Schneider Electric: Solutions for under city infrastructure
Exhibit 27: Schneider Electric: Energy and sustainability services
Exhibit 28: Schneider Electric: Strategy, strength, and opportunities
Exhibit 29: Schneider Electric: Recent developments
Exhibit 30: Verizon Communications: Smart cities products
Exhibit 31: Verizon Communications: Smart home products
Exhibit 32: Verizon Communications: Strategy, strength, and opportunities
Exhibit 33: Verizon Communications: Recent developments

  • Increasing New Outlets And Striking Offers To Drive Global Pizza Market
    The global pizza market is predicted to grow at a steady CAGR of about 3% by 2020. Pizza has been gaining massive acceptance globally in the last few years. Consequently, the global pizza market is anticipated to observer considerable progress in the coming years. The growing number of pizzerias is one of the major elements [...]
  • Healthy Diet Demand In Developed Economies To Boost Nutraceuticals
    As customers scuffle to keep up with the frantic lifestyles, the necessity for healthy nutrition rises owing to dearth of time to spend on laborious exercises.  Customers are shifting their attention to swift and healthy food behaviours. Increase in intake of beverages and functional food has offered makers of nutraceuticals with money-spinning prospects to benefit [...]
  • World Economic Forum Unveils Top 10 Emerging Technologies of 2016
    The World Economic Forum (WEF) and Scientific American lately unveiled the major technological innovation list of the top ten emerging technologies of 2016. This list emphasizes on the technological developments which have the supremacy to transform industries, protect the planet, and improve lives. It also presents an opening to discuss any societal, human, economic or [...]
  • Siemens Adds To the Growth of Wind Power Generation Market
    Siemens has been presenting ground-breaking strategies and pioneering solutions for energy generation for an intelligent power supply globally. With an expansive portfolio and wide-ranging proficiency in wind power generation, Siemens is likely to aid in increasing the share of wind power in the US energy mix. With New Mexico’s vicinity to significant wind energy areas, [...]
  • Global Public Safety LTE Ecosystem Overview
    In view of its flourishing ecosystem, spectrum flexibility and performance metrics, LTE has emerged as the leading candidate for public safety mobile broadband networks. Public safety organizations and establishments have already begun planning to advance their networks to LTE-based public safety solutions. LTE provisions a varied range of services, from high bandwidth data services to [...]
  • India Information Technology Report Q4 2016
    Published: 19-Oct-2016        Price: US 1295 Onwards        Pages: 73
    BMI View: We have a bullish outlook for India's IT market over the medium term based on a combination of a strong economic growth forecast - particularly in terms of rising household incomes - and the low penetration rates for devices and solutions. The retail hardware market will deepen markedly, driving PC volume growth, while also indirectly supporting enterprise investment in software and services. We forecast IT spending CAGR of 11.1% over 2016-2020 to almost INR3.6t......
  • Russia Information Technology Report Q4 2016
    Published: 19-Oct-2016        Price: US 1295 Onwards        Pages: 70
    BMI View: The IT market recovered from lows in H116, following its plunge in US dollar terms in 2016After IT market plunged in US dollar terms in 2015. However, the medium term outlook for growth is modest and we do not envisage a sustained acceleration in spending growth. The subdued economic outlook is one factor, and the weaker rouble could have a long term impact by promoting more cost-competitive domestic software and services solutions. There is also substantial unc......
  • Global Smart Infrastructure - A Smart Approach to Smart Cities in 2016
    Published: 11-Oct-2016        Price: US 1200 Onwards        Pages: 191
    Overview The power of the cities is increasing and it is becoming possible to gather much broader support for ‘national’ interest projects in relation to digital infrastructure, sustainability and smart city platforms. What however, is often still missing is a holistic approach towards the development of smart cities; this needs to be led from the top and to be supported by a ‘smart council’. A major stumbling block towards the development of a......
  • Blockchain Technology Market by Provider, Application (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Clearing and Settlement), Organization Size, Vertical, and Region - Global Forecast to 2021
    Published: 11-Oct-2016        Price: US 5650 Onwards        Pages: 153
    “Need for transparency and immutability is driving the growth of the blockchain technology market” MarketsandMarkets estimates the global blockchain technology market to grow from USD 210.2 million in 2016 to USD 2,312.5 million by 2021, at a Compound Annual Growth Rate (CAGR) of 61.5%. The blockchain technology market is growing rapidly as the organizations are more focused on transparency & immutability, and scalability. However, factors such as lack......
  • Ghana, Kenya & Nigeria Information Technology Report Q4 2016
    Published: 05-Oct-2016        Price: US 1295 Onwards        Pages: 123
    BMI View: The IT markets in Ghana, Kenya and Nigeria all contracted sharply in 2014 and 2015 as a depression in the commodities complex hurt economic performance and resulted in steep currency depreciation against the US dollar that eroded already weak purchasing power. This was due to a reevaluation of previous optimism regarding their economic growth trajectory and IT markets, as a lack of structural and institutional strength was laid bare. The fortunes of the thre......
  • Saudi Arabia Information Technology Report Q4 2016
    Published: 05-Oct-2016        Price: US 1295 Onwards        Pages: 73
    BMI View: Uncertainty surrounds Saudi Arabia's economic and IT market outlook in a lower oil price environment after there were steep declines in the oil price since 2014. The core scenario is for a stabilisation in oil prices, and economic performance, that will support an IT spending CAGR of 2.8% over 2016-2020. The hardware segment has the weakest outlook where PC saturation and the threat of cannibalisation by smartphones are negatives - so it will be software and......
  • Global Phone-based Authentication Market 2016-2020
    Published: 03-Oct-2016        Price: US 2500 Onwards        Pages: 57
    About Global Phone-Based Authentication Market The global phone-based authentication market is expected to grow during the forecast period because of the increasing global penetration of mobile phones and smart devices. Companies are replacing traditional token-based authentication with phone-based authentication techniques, which is driving the growth of the market. This analyst forecast the global phone-based authentication market to grow at a CAGR of 49.40% during the period 201......
  • ICT investment trends in Indonesia; Enterprise ICT spending patterns through to the end of 2017
    Published: 30-Sep-2016        Price: US 2995 Onwards        Pages: 32
    Summary Like many emerging market economies, Indonesia is facing considerable pressure from the current shifts in the global economy. This, in turn, has been impeding growth in recent years, contributing to considerable risks and vulnerabilities. However, foreign investors' appetite for emerging markets has made the region more favorable in recent times. As a result, enterprises are investing eagerly in various ICT domains. Key Findings ......
  • ICT investment trends in Mexico; Enterprise ICT spending patterns through to the end of 2017
    Published: 30-Sep-2016        Price: US 2995 Onwards        Pages: 32
    Summary Low commodity prices, plunging currencies, and stock market sell-offs across emerging markets have hit Latin America particularly hard this year. However, despite these forewarnings of economic stress, Mexico's economy is growing, with the country becoming one of the fastest growing technology hubs in the Latin American region, thereby making it a strategic destination for foreign investments. Key Findings Kable's survey......
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs