Smartphone Applications - A Major Threat to In-Home Displays

Smartphone Applications - A Major Threat to In-Home Displays

Summary

GlobalData’s report “Smartphone Applications - A Major Threat to In-Home Displays” provides an analysis on the threat posed by the energy management applications of smart phones to the market for In-Home Displays. Smartphone applications are emerging as a potential threat to In-Home Display units (IHDs). IHDs are deployed at the consumer premises to give information on energy consumption, real-time electricity prices and the consumer’s electricity bill. The information provided by IHDs enables consumers to monitor their energy consumption. A smartphone with an energy management applications installed on it can also be used as an interface to provide the information needed to monitor and control energy consumption. Smartphones and the applications required for energy management are more economical than IHDs, are widely available in the market and avoid the need to install a separate device to keep track of electricity consumption data. These factors, along with the preference for smartphone applications, are acting as major barriers for the penetration of IHDs globally and are likely to hamper the market for IHDs.

Scope

• Market trend for companies providing equipments and services to global home energy manegement Industry
• Benefits of smartphone applications over In-Home Displays
• Pricing Comparison of smartphones applications and In-Home Displays
• Drivers and restraints for the growth of In-Home Display markets

Reasons to buy

• Identify key growth and investment opportunities for home energy display systems in smart grid sector
• Gain insight on the global home energy display systems market development trends
• Develop strategies for market penetration
• Facilitate decision-making based on insights on home energy display industry developments across the globe