It Spending Market for Smart Homes Market Growth, Trends, Price, Segment and Forecasts to 2020

Technavio Announces the Publication of its Research Report Global IT Spending in Smart Home Market 2016-2020

Technavio recognizes the following companies as the key players in the global IT spending in smart home market: Cisco, Honeywell International, Intel, Schneider Electric, Verizon Communications, Accenture, Alcatel Lucent, Amazon Web Services, ARM Holdings, Dell, Ericsson, GE, Google, Huawei, Infosys, Microsoft, Oracle, Qualcomm, and Telefonica.

Browse full report with TOC@ https://marketreportscenter.com/reports/403875/global-it-spending-market-for-smart-homes-2016-2020

Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be increased adoption of voice controlled intelligent system. Voice-controlled intelligent systems are implemented to control and automate the smart home devices through voice commands. Voice-controlled intelligent smart home devices are programmed by entering the code to perform a specific task in the home. Voice recognition software solutions are widely being implemented in smart home devices to control the appliances through voice recognition technology. Popular voice recognition systems such as Amazon Echo, Apple's Siri, Google Now, and Microsoft Cortana are popular among the smart home solution providers. Voice-activated smart home systems, provided by ABB enable users to control the home appliances through voice commands as per the users' choices.”

According to the report, increased use of smart sensor technology will be a key driver for market growth. The use of smart sensor technologies is supporting advanced IT technologies such as M2M communications and analytics. The use of sensor technology to support smart projects, such as smart traffic, smart lighting, smart waste management, and smart grids, are also on the rise. The use of sensor technology in IT solutions, such as IoT for infrastructure development is also gaining traction. Sensors are also embedded in...