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Global Smart Thermostat Market to Reach $10.74 Billion by 2023 - Analysis by Deployment (NFC, Wi-Fi, Zigbee), Application and Geography - ResearchAndMarkets.com

May 17, 2018 GMT

DUBLIN--(BUSINESS WIRE)--May 17, 2018--The “Global Smart Thermostat Market - Segmented by Deployment (NFC, Wi-fi, Zigbee), Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The global smart thermostat market was valued at USD 962.97 million in 2017, and is expected to reach a value of USD 10,745.4 million by 2023, at a CAGR of 49.16%, during the forecast period (2018-2023).

Energy saving has been the primary value proposition of smart thermostats among consumers, with statistics suggesting an average cost saving of around USD 100 to USD 150 per year. With the penetration of smart home technologies in common households, the capabilities of smart thermostats have also grown, allowing companies to incorporate more features with iteration of the device. These factors have been instrumental in driving the global smart thermostat market.

Key Highlights

Key Developments in the Market

Companies Mentioned

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Analysis

4. Market Dynamics

5. Technology Snapshot

6. Global Smart Thermostat Market Segmentation

7. Competitive Intelligence

8. Investment Analysis

9. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/4gzf2f/global_smart?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180517005745/en/

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Related Topics:Home Networks,Internet of Things and M2M,HVAC (Heating, Ventilation, and Air Conditioning),WiFi and WiMax

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS

SOURCE: Research and Markets

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PUB: 05/17/2018 08:58 AM/DISC: 05/17/2018 08:58 AM

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