Market Outlook : Smart Home M2M Market in Western Europe Grow at a CAGR of 39.4% by Revenue During the Period 2017-2020

ResearchMoz presents professional and in-depth study of “Smart Home M2M Market in Western Europe 2016-2020″.

Western Europe is known to be one of the most technologically advanced economies in the world and an early adopter of new technologies across industries. Smart home technology is expected to witness exponential growth and adoption in the coming years in Western Europe. The market promises huge opportunities for the connected M2M home appliance players across industries. The demand for smart homes is expected to see an upsurge in the forecast period owing to the growing need for security and a large number of baby boomers in Western Europe.

Technavios analysts forecast the smart home M2M market in Western Europe to grow at a CAGR of 39.4% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the smart home M2M market in Western Europe for 2016-2020. To calculate the market size, Technavio considers the revenue generated from solutions that have a smartphone application or a web portal for the user interface. These include M2M platforms, solutions, and services in the energy management and climate control systems, home appliances, lighting control systems, home entertainment systems, security and access control systems, and healthcare systems.

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

Energy management and climate control systems

Security and access control systems

Lighting control systems

Home appliances

Home entertainment systems

Healthcare systems

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Technavio’s report, Smart Home M2M Market in Western Europe 2016-2020, 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.

Key vendors

British Gas

Deutsche Telekom

Honeywell International



Other prominent vendors







Cyber Homes




Home automation company

Home Smart Home








UK Automation


Market driver

Increased installation of smart meters

For a full, detailed list, view our report

Market challenge

High cost of M2M security systems

For a full, detailed list, view our report

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Market trend

Adoption of cloud-based technologies for smart home applications

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?

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