Smart Thermostat Market in North America 2015-2019 - Growing Concern over Data Security Is a Key Market Trend

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12 Aug, 2015, 13:10 GMT

DUBLIN, Aug. 12, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/q2vnct/smart_thermostat) has announced the addition of the "Smart Thermostat Market in North America 2015-2019" report to their offering.

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Smart thermostats collect and store huge volumes of data to sense precise customer requirements, which vendors use to conduct R&D regarding the exact needs of their customers. The collection of data helps vendors design and develop smart thermostats with basic and add-on features that are most attractive to consumers. However, customers are concerned with the possibility that their information may be abused or stolen from the main server by hackers.

According to the report, the concept of smart homes is gaining significance, as consumers prefer convenience in operating their home appliances. The use of artificial intelligence in home appliances leverages the products' ability to accurately predict consumer preferences based on past data. Advanced sensors offer the user complete operational control.

The analysts forecast the smart thermostat market in North America to grow at a CAGR of 46.56% over the period 2015-2019.

The report, Smart Thermostat Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America in detail; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors

  • Carrier
  • Ecobee
  • Honeywell International
  • Nest Labs

Other Prominent Vendors

  • Computime
  • Emerson
  • Energate
  • Ingersoll-Rand
  • Radio Thermostat Company of America
  • Tado
  • Trane
  • Venstar

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Technology

08. Major Countries in North America

09. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape

17. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/q2vnct/smart_thermostat

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

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