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(IT-NEWSWIRE.COM, May 12, 2015 ) Smart home consists of internal network, home automation, and intelligent control. It is commonly defined as a home which is equipped with digital devices, home appliances, and other equipment. These devices and appliances are interconnected with each other and can be remotely accessed by the user with the help of their smartphone and tablets from a remote location. Smart home offers wide variety of applications such as home automation, home security, energy management, home cloud, and e-health services. It provides a better experience to consumers by providing comfort and convenience.
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The smart home M2M market in Western Europe can be classified into six major application segments: energy management and climate control systems, security and access control systems, lighting control systems, home appliances, home entertainment systems, and healthcare systems. The smart home M2M market in Western Europe to grow at a CAGR of 47.11% over the period 2015-2019.
The Smart Home M2M Market in Western Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Market Driver:
Increase in aging population and chronic diseases
For a full, detailed list, view our report
Market Challenge:
Concern over privacy and security
For a full, detailed list, view our report
Market Trend:
Popularity of connected TV
For a full, detailed list, view our report
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Key questions answered in this report:-
What will the market size be in 2019 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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