Home Energy Management Systems Market Is Expected to Reach Usd 1,909.4 Million in 2019

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Transparency Market Research

Home Energy Management Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Published Date 30-April-2014

87 Page Report

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Home Energy Management Systems Market is Expected to Reach USD 1,909.4 Million in 2019: Transparency Market Research

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Home Energy Management Systems Market

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Home Energy Management Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 According to a new market report published by Transparency Market Research "Home Energy Management Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the market was valued at USD 393.8 million in 2012, which is expected to reach USD 1,909.4 million by 2019, growing at a CAGR of 25.0% from 2013 to 2019. Browse Home Energy Management Systems Market Report With Full TOC at http://www.transparencymarketresearch.com/home-energy-management-systems.html Rising electricity prices across the globe have compelled home-owners to look for different means by which they can monitor and control their electricity usage. The primary need of conserving and optimizing energy utilization is expected to increase the demand for energy management solutions, driving the HEMS market forward. Utilities and service providers offering variable pricing schemes are expected to generate greater interest for energy management products in the minds of cost-conscious consumers. Since HEMS products support cloud based services and other Internet related services, increased Internet connectivity and penetration across the globe are expected to have positive impact on the growth of the HEMS market. In 2012, Wi-Fi was the major technology...