The smart home machine-to-machine (M2M) market in the U.S. is expected to post a CAGR of 38.02% from 2015 to 2019. America consumes almost 30% of the world’s energy. Demand for new efficient energy solutions has increased significantly.
Online research has become a key part of the savvy buyer’s journey, and the same phenomenon has now carried over to mobile devices. Customers who begin the research process in one place may use several channels before finally selecting a product and making a purchase.
A smart wireless device is a stand-alone piece of hardware which can link to a nearby smartphone, often via a short-range wireless technology such as Wi-Fi or Bluetooth. The device will typically have a companion software app, which will add value to the data received from the hardware device.
Infrastructure management software experienced license and maintenance revenue averages declining 3.5% and 1.7%, respectively. TBR believes this is proof of high-level shifts in the market, resulting in the erosion of proprietary software licensing — as more businesses adopt open source subscription models and cloud computing.
Having established a solid foundation among smartphone users across Latin America, open-source Android is now taking over the media tablet market as well. In January 2015, 78% of smartphone owners in the region said they had a phone powered by the Google Android.
Tech support is a key factor in tying together the Internet of Things (IoT), according to Parks Associates. For example, 27 percent of U.S. broadband households owned a connected health device by the end of 2014.