Frost & Sullivan Predicts European Smart Thermostats Market Will Rise to US$2.5 Billion by 2019
The European smart thermostats market is set to boom, driven by the 2020 targets on climate change and mandatory energy efficiency certification for buildings. The enforcement of minimum standards for high energy consuming products such as boilers as well as heating, ventilating and air conditioning systems (HVAC) too is fuelling opportunities for smart thermostats. The […]
Gartner Finds Smart Lighting Has Potential to Reduce Energy Costs by 90%
Internet of Things (IoT) architectures are rapidly driving smart lighting technology, according to Gartner, Inc. Gartner predicts that smart lighting installed base is projected to grow from 46 million units in 2015 to 2.54 billion units in 2020. In 2014, 300 million to 500 million square feet of commercial space worldwide could be considered to […]
Transparency Market Research Expects Smart Lighting Market to Reach US$56.62 Billion in 2020
According to a new market report published by Transparency Market Research “Smart Lighting Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020,” global smart lightning market was valued at USD 21 billion in 2013, growing at a CAGR of 15.9% from 2014 to 2020 to account for USD 56.62 billion […]
Parks Associates Finds Smart Home Devices and Systems Will Prompt Over 7 Million Support Requests in 2015
New research highlights impact of IoT on broadband households and privacy concerns among connected consumers A new report from Parks Associates finds that smart home devices will prompt over 7 million support requests this year, with adoption at 16% of U.S. broadband households and nearly 40% planning to buy a smart home product in the […]
Gartner Forecasts 500-700 Million Smart Homes Worldwide by 2020
Gartner reports number of smart connected homes is expected to grow from between 100 to 200 million homes now to between 500 to 700 million homes by 2020. Some of the IOT examples such as home appliances and other electronic devices mentioned by Gartner includes smart stoves which teaches you how to cook with recipes, […]
Frost & Sullivan Finds Strong Demand for Energy Management Systems in North America
The rise in energy prices and consumers’ focus on energy efficiency have compelled facility and home owners in North America to adopt energy-saving solutions. Suppliers in the region are diversifying their portfolios with respect to system design and technology in order to remain competitive and meet the needs of building and home owners. Recent analysis […]
Allied Market Research Expects Global Energy Management Systems Market to Reach US$44.4 Billion by 2020
According to a new report by Allied Market Research titled, Energy Management Systems Market (Components, Type, Vertical, End-User and Geography) -Size, Share, Global Trends, Company profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020, the global Energy Management System (EMS) market is expected to reach $44.4 billion by 2020, registering a CAGR of […]
Transparency Market Research Forecasts Home Automation Market to Grow to US$21.67 Billion by 2020, Aided by Growing Presence of Smartphones
Transparency Market Research, a U.S.-based market intelligence firm, has announced the release of a new market research report, titled ‘Home Automation Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020’. The report examines the global home automation market devices and technology and presents forecasts for the market’s development during the […]
Technavio Expects the Global Smart Building Market to Grow Steadily Through 2019
Technavio has published a new report on the global smart building market, which is expected to grow at a CAGR of almost 12% from 2015-2019. According to the latest report by Technavio, increased urbanization is creating social and environmental challenges like water shortages, power deficits, pollution and waste water, and sewage problems. To combat these […]
Country Profile: Qatar
By Rasoul Moghaddam, Armiti Group. The State of Qatar is a sovereign Arab country and an absolute monarchy. It comprises a small peninsula on the north-eastern coast of the Arabian Peninsula and its sole land border is with Saudi Arabia to the south, with the rest of its territory surrounded by the Persian Gulf. Qatar […]