| By Business Wire |
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| January 25, 2013 01:21 PM EST |
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Research and Markets (http://www.researchandmarkets.com/research/nn6mpz/global_smart_home)
has announced the addition of the "Global
Smart Home Network Equipment Market 2012-2016" report to their
offering.
TechNavio's analysts forecast the Global Smart Home Network Equipment
market to grow at a CAGR 35.91 percent over the period 2012-2016. One of
the key factors contributing to this market growth is the increase in
cost-effective solutions. The Global Smart Home Network Equipment market
has also been witnessing the growing demand for G.hn standard. However,
the increased exposure to cyber attacks could pose a challenge to the
growth of this market.
The key vendors dominating this market space are GE Co., Honeywell
International Inc., Itron Inc., Landis+Gyr Inc., Siemens AG, Sensus USA
Inc., and Schneider Electric Co.
The other vendors mentioned in the report are Sensus USA Inc., Elster
Group., Acuity Brands Inc., ABB Ltd., AMX Corp., Control4 Corp., GE
Security Inc., Home Automation Inc., SmartHome Controls Ltd., Vantage
Controls Inc., Motorola Mobility LLC., iControl Networks Inc., ZigBee
Alliance Inc., Ambient Devices Inc., Blue Line Innovation Ltd., and
Silver Spring Networks Inc.
Commenting on the report, an analyst from TechNavio's Networking team
said: ''There is growing demand for compliance with the G.hn standard.
There are many standards in the Global Smart Home Network Equipment
market, including MoCA, HomePlug, and G.hn. Of the three, the adoption
of the G.hn standard is expected to begin in 2013, and it is expected to
witness high adoption from then on. The G.hn standard provides improved
performance compared to the existing standards. This standard also
facilitates the efficient management of phone lines, power lines, and
coaxial cables in a single chipset. These features are expected to make
the G.hn standard increasingly popular in the coming years.''
Further, the report reveals that the one of the main challenges in the
market is the increasing risk of cyber-attacks.
For more information visit http://www.researchandmarkets.com/research/nn6mpz/global_smart_home
