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Smart Home M2M Market in Western Europe 2016-2020

About the Smart Home M2M Market in Western Europe

Western Europe is known to be one of the most technologically advanced economies in the world and an early adopter of new technologies across industries. Smart home technology is expected to witness exponential growth and adoption in the coming years in Western Europe. The market promises huge opportunities for the connected M2M home appliance players across industries. The demand for smart homes is expected to see an upsurge in the forecast period owing to the growing need for security and a large number of baby boomers in Western Europe.

Technavio’s analysts forecast the smart home M2M market in Western Europe to grow at a CAGR of 39.4% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the smart home M2M market in Western Europe for 2016-2020. To calculate the market size, Technavio considers the revenue generated from solutions that have a smartphone application or a web portal for the user interface. These include M2M platforms, solutions, and services in the energy management and climate control systems, home appliances, lighting control systems, home entertainment systems, security and access control systems, and healthcare systems.

The market is divided into the following segments based on applications:

  • Energy management and climate control systems
  • Security and access control systems
  • Lighting control systems
  • Home appliances
  • Home entertainment systems
  • Healthcare systems
Technavio's report, Smart Home M2M Market in Western Europe 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
  • British Gas
  • Deutsche Telekom
  • Honeywell International
  • Samsung
  • Vodafone
Other prominent vendors
  • August
  • Bosch
  • BT
  • Cisco
  • Control4
  • Currys
  • Cyber Homes
  • EE
  • Electrolux
  • GE
  • Home automation company
  • Home Smart Home
  • HomeWizard
  • LG
  • Myfox
  • Nest
  • Panasonic
  • SmartThings
  • TeliaSonera
  • UK Automation
  • Whirlpool
Market driver
  • Increased installation of smart meters
  • For a full, detailed list, view our report
Market challenge
  • High cost of M2M security systems
  • For a full, detailed list, view our report
Market trend
  • Adoption of cloud-based technologies for smart home applications
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Smart Home M2M Market in Western Europe 2016-2020

Technavio recognizes the following companies as the key players in the smart home M2M market in Western Europe: British Gas, Deutsche Telekom, Honeywell, Samsung, and Vodafone.

Other Prominent Vendors in the market are: August, Bosch, BT, Cisco, Control4, Currys, Cyber Homes, EE, Electrolux, GE, Home automation company, Home Smart Home, HomeWizard, LG, Myfox, Nest, Panasonic, SmartThings, TeliaSonera, UK Automation, and Whirlpool.

Commenting on the report, an analyst from Technavio’s team said: “A key trend which is boosting market growth is the adoption of cloud-based technologies for smart home applications. IoT-related smart home applications include home automation, access control, home monitoring, lighting control, fire or water leak detection, temperature monitoring and HVAC control, family care, and automated meter reading. Most of the residential users are rapidly adopting cloud-based residential security solutions that provide a self-monitoring and remote service solution. It provides a user-friendly interface to homeowners, helping them to arm, disarm, and check the security status of their house from a remote location.”

According to the report, a key growth driver is the increased installation of smart meters which offer a broad range of interactive and intelligent solutions. They allow the consumers to manage the energy resources effectively by providing the consumption details at every point in time. These meters aid the consumer for better monitoring and control of the energy devices through energy management systems (EMS). All the smart meters in the future will have the capability of acting as the gateway between smart homes and smart grids and can manage the demand and supply of the energy sources in connection with the home energy management (HEM) systems.

Further, the report states that that could hamper market growth is the absence of a standard framework governing the automation process. Companies approach automation in their own way, leading to different variants of the same gadget. This causes confusion for the end-users with regard to making investments in these products. For instance, a Samsung fridge, a Samsung dryer, and a Samsung AC can only communicate with each other and perform the respective operations but not with other manufacturer's products.



Companies Mentioned

British Gas, Deutsche Telekom, Honeywell, Samsung, Vodafone, August, Bosch, BT, Cisco, Control4, Currys, Cyber Homes, EE, Electrolux, GE, Home automation company, Home Smart Home, HomeWizard, LG, Myfox, Nest, Panasonic, SmartThings, TeliaSonera, UK Automation, and Whirlpool.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top vendor offerings
      • Table Vendor offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Value chain
      • Table LTE adoption in Europe 2014-2020 (millions)
      • Table Global LTE subscriptions 2015
      • Table Smart home services
      • Table Evolution stages of smart home services
      • Table Smart home scenario in Western Europe 2015-2020 (millions)
      • Table Smart home penetration rate in Western Europe 2015-2020
    • Market size and forecast
      • Table Smart home M2M market in Western Europe 2015-2020 ($ billions)
      • Table Number of smart homes in Western Europe market 2015-2020 (millions)
      • Table Partial homes in Western Europe market 2015-2020 (millions)
      • Table Full smart homes in Western Europe 2015-2020 (millions)
      • Table Connected home devices annual shipment in Western Europe 2015-2020 (millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Smart home M2M market segmentation by application in Western Europe
      • Table Smart home M2M market segmentation by application in Western Europe 2015-2020 ($ billions)
    • Energy management and climate control systems
      • Table Smart home M2M market by energy management and climate control systems in Western Europe 2015-2020 ($ billions)
    • Security and access control systems
      • Table Smart home M2M market in Western Europe by security and access control systems 2015-2020 ($ billions)
    • Lighting control systems
      • Table Smart home M2M market in Western Europe by lighting control systems 2015-2020 ($ billions)
    • Home appliances
      • Table Smart home M2M market in Western Europe by home appliances 2015-2020 ($ billions)
    • Home entertainment systems
      • Table Smart home M2M market in Western Europe by home entertainment systems 2015-2020 ($ billions)
    • Healthcare systems
      • Table Smart home M2M market in Western Europe by healthcare systems 2015-2020 ($ billions)
  • Market drivers
    • Table Cost of energy with improving home's energy efficiency ($)
    • Table Cost of energy without improving home's energy efficiency ($)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Key vendor analysis
      • Table British Gas: Business segmentation
      • Table British Gas: Business segmentation by revenue 2015
      • Table Centrica: Geographical segmentation by revenue 2015
      • Table Deutsche Telekom: Business segmentation by revenue 2015
      • Table Honeywell International: Business segmentation by net sales 2015
      • Table Honeywell International: Business segmentation by net sales 2015 and 2014 ($ billions)
      • Table Honeywell International: Geographical segmentation by net sales 2015
      • Table Samsung: Business segmentation 2014
      • Table Samsung: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Samsung: Geographical segmentation by revenue 2014
      • Table Vodafone: Business segmentation by revenue 2015
      • Table Vodafone: Services by revenue 2015
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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