Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Partnerships with Energy Utilities will Drive the Next Wave of Growth
save 25 %
* Required Fields
Pay by invoice
Smart thermostats are a key component of the fast-growing connected homes ecosystem. In the next 5 years, the broadening range of products on offer will attract customers wanting comfort, convenience, and energy savings offered with home automation. The improving quality of Wi-Fi in homes will boost the smart thermostat market; it will also benefit from the growth in other connected home solutions, such as home hubs that are compatible with smart thermostats.In terms of sales channels, energy utilities, and retail sales channels (especially online sales) will witness the fastest growth in the years to 2022. Energy utilities will continue to use devices such as smart thermostats to drive customer engagement, loyalty, and data gathering.In 2017, the market penetration rate of smart thermostats in European homes was just 2.5%; this shows that despite recent growth this is still a nascent market. However, with strong growth anticipated, market penetration will rise rapidly to approach 20% by 2022.Voice-over technology, gesture control, machine learning and artificial intelligence are the key technologies driving the growth in smart thermostats and associated solutions in Europe.This study examines the growth outlook for smart thermostats in Europe—both at a regional and country level—and explores the technology, competition, and market developments that will drive the transformation of the industry.The market remains quite consolidated at the top end with the leading 5 suppliers accounting for 57.3% in 2017. However, this will decline in the next few years, as new participants come to the market and the supply base fragments as new countries experience growth.Leading market participants include Nest Labs, Honeywell, British Gas (Hive), eQ-3, Climote, Danfoss, Netatmo, Heatapp, Genius Hub, tado°, Ngenic, and Eneco (Toon).
Key Issues Addressed
Australia Facility Management Growth Opportunities
Global Li-Fi and Optical Camera Communications Growth Opportunities
Top 50 Companies Accelerating Digitalization in the Global Homes and Buildings Industry
North American Heating, Ventilation, and Air Conditioning Growth Opportunities
Italian Facilities Management Growth Opportunities
Southeast Asia Facilities Management Emerging Business Models and Growth Opportunities
New Zealand Facilities Management Growth Opportunities
Southeast Asian District Cooling Growth Opportunities
Singapore Facilities Management Cost Tracker, 2021
Thailand Residential and B2B Solar Rooftop Installations, Forecast to 2026
food preservatives market
artificial lift market
heavy truck market
well intervention market
3d printer market share
diet food market
commercial aviation market
agricultural drones market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.