Navigant Research Leaderboard Report: Smart Thermostats: Assessment of Strategy and Execution for 12 Smart Thermostat Hardware, Software, and Services Vendors for Utility and Commercial Markets

LONDON, Oct. 7, 2015 /PRNewswire/ -- The market for communicating and smart thermostats has exploded with activity since the last publication of this report in 2013. The technology was introduced in the late 2000s and has since evolved through an early technology adoption phase into a stable and growing market. The year 2015 has seen significant activity in the form of partnerships, international expansion, technological growth, and more conclusive evidence of cost-effectiveness. Collaborations between ecobee and Carrier and Nest and solar provider SolarCity, as well as continued expansion of global marketing on behalf of Nest and tado, are just a few key examples of this activity.

Heightened awareness of residential energy management and growing interest in particular devices, such as the Nest and ecobee smart thermostats, have fueled an end-consumer-based spike in the smart thermostat market in recent years. Despite challenges such as the affordability of energy in areas where demographics and infrastructure support adoption, smart thermostats have a relatively bright future. Newer players like tado have given longtime vendors, such as Honeywell and Carrier, some additional competition. Moreover, the new players have disrupted the status quo by going direct to consumers, attracting early adopters and a few mainstream consumers, as well.

This Navigant Research Leaderboard Report examines the strategy and execution of 12 smart thermostat manufacturers and software providers that are active in the global smart thermostat marketand rates them on 12 criteria. Using Navigant Research's proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies' relative strengths and weaknesses in the global smart thermostat market.

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]  
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

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