SAN FRANCISCO , July 4, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Smart Home M2M – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to our digital archives and MarketGlass Research Platform
- Complimentary updates for one year
Edition: 7; Released: January 2022
Executive Pool: 38294
Companies: 32 – Players covered include ABB Group; AT&T, Inc.; British Gas; China Mobile Ltd.; China Telecom Corporation Ltd.; China Unicom (Hong Kong) Ltd.; Cisco Systems, Inc.; Comcast Corporation; Control4 Corporation; Crestron Electronics, Inc.; Deutsche Telekom AG; Electrolux AB; Emerson Electric Co.; Gemalto NV; Google, Inc.; Haier Group; Honeywell International, Inc.; Ingersoll-Rand PLC; Intel Corporation; KORE Wireless Group, Inc.; Legrand SA; LG Electronics, Inc.; Lutron Electronics Co., Inc.; Netgear, Inc.; Panasonic Corporation; Robert Bosch GmbH; Samsung Electronics Co., Ltd.; Schneider Electric SA; Siemens AG; Sierra Wireless, Inc.; Sprint Corporation; Systech Corporation; Telefonica SA; Telit Communications PLC; ThroughTek Co., Ltd.; Vodafone Group PLC; Zoho Corporation (WebNMS) and Others.
Coverage: All major geographies and key segments
Segments: Application (Access & Security Control, Energy & Climate Management, Home Entertainment, Lighting, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry
ABSTRACT-
Global Smart Home M2M Market to Reach $15.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Smart Home M2M estimated at US$7.7 Billion, is projected to reach a revised size of US$15.9 Billion by 2026, growing at a CAGR of 12.6% over the analysis period. Access & Security Control, one of the segments analyzed in the report, is projected to record a 12.3% CAGR and reach US$3.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Energy & Climate Management segment is readjusted to a revised 14.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.6 Billion in 2021, While China is Forecast to Reach $2.8 Billion by 2026
The Smart Home M2M market in the U.S. is estimated at US$2.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2026 trailing a CAGR of 12.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11% and 10.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.
Home Entertainment Segment to Reach US$4 Billion by the year 2026
In the global Home Entertainment segment, USA, Canada, Japan, China and Europe will drive the 13.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.5 Billion will reach a projected size of US$3.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com
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SOURCE Global Industry Analysts, Inc.
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