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(Hosting-NewsWire.com, April 27, 2017 ) 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.
Publisher's analysts forecast the global IT spending in smart home market to grow at a CAGR of 18.13% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/global-it-spending-market-for-smart-homes-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
Publisher'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.
Key vendors - Cisco - Honeywell International - Intel - Schneider Electric - Verizon Communications
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001409118/sample
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
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001409118/buying
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Priya Sisodia
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sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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