Smart Home Market Set to Increase in Size, According to Parks Associates Report Available at MarketPublishers.com13 Feb 2017 • by Natalie Aster
LONDON – The smart home market is evolving rapidly. There are many factors that encourage its growth. The demand energy-efficient lighting solutions is one of major drivers. Security issues are one more important growth propeller, as crime rates are increasing. The reduction of long-term energy costs is another driver.
The market faces an array of restraints, such as compatibility and privacy issues. Still, the marketplace is set to grow significantly in the years to come.
The value chain of this market experiences dramatic impact, as the competitive landscape is shifting to product markets and smart home service providers.
Companies ruling the world’s space are MiOS, Samsung, Essence Group, Zonoff, and more.
In-demand research report “Smart Home: A Roadmap for Strategic Planning” drawn up by Parks Associates offers a comprehensive discussion of the global market for smart homes. The study provides a 360-degree overview of the worldwide marketplace.
It discusses market strategies in details and shares important definitions with its readers. The report sheds light on the lead product strategy and explores the product landscape across different categories: health, energy, entertainment, and more.
The research study discusses the ecosystem development strategy. It explores the value chain integration strategy as well as the smart home controller strategy. The research report focuses the smart home platform strategy.
The study investigates drivers and barriers of the world’s market. It gives strategic recommendations and profiles major companies. The report projects future development trends in the marketplace.
- through overview of the smart home space;
- coverage of driving forces and restraints;
- details on products;
- insights into the competitive landscape;
- market forecasts;
- and more.
Other Marketplaces Analyzed by Parks Associates Comprise:
More insightful studies by our partner can be found at its page.