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(I-SoftwareNews.Com, July 12, 2018 ) The global smart homes systems market is poised to surge exponentially in the coming years. Besides the rising disposable income of consumers, the market will highly benefit from the increasing internet penetration worldwide. In the last few years, the world witnessed extensive rise in Wi-Fi access facilitated by growth in IoT services. Furthermore, the recent advancements in the Internet of Things (IoT) that resulted in price drops of processors and sensors will encourage manufacturers to promote automation in the household sector.
This report focuses on the global top players:
• ADT
• Honeywell
• Vivint
• Nortek
• Crestron
• Lutron
• Leviton
• Comcast
• ABB
• Acuity Brands
• Alarm.com
• Control4
• Schneider Electric
• Time Warner Cable
• Siemens AG
• Sony
• Savant
• Nest
• AMX
• Legrand
Get Sample Copy of this Report @ https://www.qyresearchgroups.com/request-sample/793572
Smart home system is an intelligent web-connected electronic system which is designed to operate stand-alone or in a network with other devices. With recent developments across different areas of connectivity of appliances and devices, these systems enable users to monitor and control them even when they are on the move. This includes mobile connectivity features, an integral component of smart homes provided by device manufacturers; and compatible communication protocol and technology based products offered by Internet Service Providers. New technology is enabling the creation of smart homes, integrating devices to make the home a better place to be in terms of safety, comfort, productivity and well-being.
In recent years, the demand for the quality of life has been growing and the intellectualization of things has been even more popular. This trend has made the demand of Smart Home Systems become larger and this trend can be anticipated to fuel the market growth during the forecast period.
Market segment by Type, the product can be split into
• Energy Management Systems
• Security & Access control
• Lighting Control
• Home appliances control
• Entertainment Control
• Others
Market segment by Application, split into
• Dwelling
• Business Building
• Hotel
• Others
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USA is the leader in the field of smart home. It developed the technology earlier than other countries like Germany, Japan, China, so the popularity rate is higher. The market is much larger than any other country, and it can be predicted that USA would still be the largest market in the world in the next few years.
According to our research, ADT and Honeywell are the largest suppliers in the world with 7.890% and 6.331% of the market respectively in 2015. Other companies like Vivint and Nortek account for smaller market with 5.899 % and 4.215% respectively.
In short, Smart Home Systems project still has potential in USA market, but the current market was mainly occupied by the existing enterprises, under the premise of the future demand growth and technological processes, the new entrants into the Smart Home Systems industry business should be able to occupy a certain market share. Therefore, new entrants must develop technical and master internal control, to seize the domestic and foreign markets in the future.
Browse full report with Table of Content @ https://www.qyresearchgroups.com/report/global-smart-homes-systems-market-size-status-and-forecast-2025
About Us:
QY Research Groups is a company that simplifies how analysts and decision makers get industry data for their business. Our unique colossal technology has been developed to offer refined search capabilities designed to exploit the long tail of free market research whilst eliminating irrelevant results. QY Research Groups is the collection of market intelligence products and services on the Web. We offer reports and update our collection daily to provide you with instant online access to the world's most complete and current database of expert insights on global industries, companies, products, and trends.
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QYResearch Groups
Zhang Wei
+1-888-236-2744
zhang@qyresearchgroups.com
Source: EmailWire.Com 
Source: EmailWire.com
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