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Global IT Spending Market for Smart Homes - Analysis, Technologies & Forecasts to 2020 - Increased Adoption of Voice Controlled Intelligent Systems - Research and MarketsDUBLIN, October 4, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Global IT Spending Market for Smart Homes 2016-2020" report to their offering. The report forecasts the global IT spending in smart home market to grow at a CAGR of 18.13% during the period 2016-2020. One of the key trends for market growth will be increased adoption of voice controlled intelligent system. Voice-controlled intelligent systems are implemented to control and automate the smart home devices through voice commands. Voice-controlled intelligent smart home devices are programmed by entering the code to perform a specific task in the home. Voice recognition software solutions are widely being implemented in smart home devices to control the appliances through voice recognition technology. Popular voice recognition systems such as Amazon Echo, Apple's Siri, Google Now, and Microsoft Cortana are popular among the smart home solution providers. Voice-activated smart home systems, provided by ABB enable users to control the home appliances through voice commands as per the users' choices. Further, the report states that the increasing rate of adoption of smart home solutions can be witnessed in developed nations compared to developing nations. Key vendors:
Key Topics Covered: For related information on this topic, check out the Internet of Things and M2M section of the Research and Markets blog. For more information about this report visit http://www.researchandmarkets.com/research/9qk8sp/global_it Media Contact: Research and Markets |