Market Insight : IT Spending Market for Smart Homes Globally Grow at a CAGR of 18.13% by Revenue During the Forecast Period 2017-2020

ResearchMoz presents professional and in-depth study of “Global IT Spending Market for Smart Homes 2016-2020”.

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.

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

Covered in this report

The 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

Technavio’s 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. 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.

Get PDF for more Professional and Technical insights @ http://www.researchmoz.us/enquiry.php?type=S&repid=825414

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

Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=825414

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?

For More Information Kindly Contact:

ResearchMoz

Mr. Nachiket Ghumare,

90 State Street, Albany NY, United States – 12207

Tel: +1-518-621-2074

USA-Canada Toll Free: 866-997-4948

Email: sales@researchmoz.us

Follow us on LinkedIn @ http://bit.ly/1TBmnVG

Follow me on : https://marketinfo247.wordpress.com/

Designed by CyFocus.com
Powered by CyFocus.net