NY, NY -- (SBWIRE) -- 04/21/2017 -- The analysts forecast the global IT spending in smart home market to grow at a CAGR of 18.13% during the period 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.

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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

The 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.

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

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Market trend
- Increased adoption of voice controlled intelligent system
- 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?

Table Of Contents – Major Key Points

PART 01: Executive summary
- Highlights

PART 02: Scope of the report
- Market overview
- Countries covered
- Top-vendor offerings

PART 03: Market research methodology
- Research methodology
- Economic indicators

PART 04: Introduction
- Key market highlights

PART 05: Market landscape
- Market overview
- Five forces analysis

PART 06: Market segmentation by technology
- Global IT spending in smart home market by technology
- IT services
- Hardware
- Software

PART 07: Geographical segmentation
- Global IT spending in smart home market by geography
- Americas
- EMEA
- APAC

PART 08: Market drivers
- Increased spending on IoT-enabled devices and M2M communication systems
- Higher spending on smart community projects
- Need for efficient ICT infrastructure for home automation
- Increased use of smart sensor technology

PART 09: Impact of drivers

PART 10: Market challenges
- Interoperability and system integration issues
- Slow rate of technology adoption
- Lack of adequate ICT infrastructure

PART 11: Impact of drivers and challenges

PART 12: Market trends
- Emergence of artificial intelligence
- Rise of smart robotics
- Increased adoption of voice controlled intelligent system
- Upsurge of analytics of things

PART 13: Vendor landscape
- Competitive landscape
- Other prominent vendors

Continued…….

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