The Do-It-Yourself (DIY) Smart Home Market Set To Explode In Coming Years According To NextMarket

Edmonds, WA - While a small segment of consumers have long been interested in home automation, only recently has a confluence of new technologies set the stage for broader interest in a new, more expansive smart home. The fastest growing part of this new smart home market is the do-it-yourself (DIY) segment, fueled by a wave of new products that consumers buy, install and manage by themselves. NextMarket forecasts the DIY smart home to reach $7.8 billion in the US by 2019 according to a new report. "Early generations of smart home products were expensive and often required a professional installer," says Michael Wolf,...
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Home security market set to reinvent itself in age of smart home

Edmonds, WA - Over the next decade, the home security market will undergo massive change, as smart home, mobile and cloud technology enable new alternatives to traditional, professionally installed  solutions. One of the emerging alternatives is do-it-yourself (DIY) self-installed home security solutions which, according to a new report from NextMarket Insights, will account for $1.5 billion in equipment and services by 2020. "The traditional home security market in the US has plateaued at 25% market penetration," says Michael Wolf, chief analyst at NextMarket Insights. "The reason is that while most consumers want to feel safe, only a segment of the...
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Smart Lock Market Set To See Explosive Growth In Coming Decade

Edmonds, WA - The residential lock market is going to be radically reinvented in the coming decade, as a new breed of connected locks and access control systems grow in popularity worldwide. According to a new report from NextMarket Insights, the global smart lock market will grow from $261 million today to $3.6 billion by 2019. "The mainstreaming of the smart home is driving innovation in previously forgotten categories of home hardware and systems," says Michael Wolf, Chief Analyst with NextMarket Insights. "Established security and home hardware companies increasingly face competition from upstarts who are introducing a new breed of...
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ACR Technology To Drive Social TV As It Reaches 2.5 Billion Devices by 2017

Edmonds, WA - The TV industry, embattled by time-shifting technology, over-the-top streaming and other consumer-empowering technologies, is hoping a new technology can help re-engage TV viewers lost over the past decade. That technology, called Automatic Content Recognition (or ACR), will help over 2.5 billion devices deliver more highly synchronized experiences built around live and on-demand viewing content by 2017 according to a new report by NextMarket Insights. "TV broadcasters and advertisers have struggled to engage today's viewer, who controls the when, what and where of their TV viewing experience," says Michael Wolf, Chief Analyst for NextMarket Insights. "However, the industry is adjusting to...
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Forecast: Over 50% of smartwatches shipped in 2014 to run Android according to NextMarket Insights

 In 2014, the smartwatch market is expected to grow to 15 million shipments worldwide, up from 5 million shipments in 2013. According to a new report from NextMarket Insights, this strong growth is expected to provide a new market opportunity for Android moving forward, as the mobile operating system is expected to account for 53% of all smartwatches in the coming year
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Smartwatch Market Forecast to Grow From 15 Million in 2014 to 373 Million by 2020

Seattle - According to a new report from NextMarket Insights, the growing adoption of smartwatch software and wireless technologies by traditional watchmakers, the continued advancement of screen and mobile processor technologies and the strong expansion of smartwatches in the children and health/active lifestyle segments will drive the overall smartwatch market from 15 million watches shipped in 2014 to over 373 million by 2020. "The watch industry ships over 1 billion watches a year, and there are nearly 7 billion mobile subscribers worldwide today," says Michael Wolf, Chief Analyst. "We believe the smartwatch category can become a substantial market opportunity even...
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Smart Home Finally Begins to Move Into the Mainstream

According to a new report from NextMarket Insights, the worldwide smart home systems and services market will grow from a $3.6 billion to $14.7 billion by 2017, driven by growing acceptance of smart home technology into the mainstream and a fast-growing managed home automation systems and services market.
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TV Apps and Services Market to Reach $14 billion by 2017

SEATTLE--(BUSINESS WIRE)--- The connected TV apps and services market is expected to explode in the next five years as new app frameworks in smart TVs, net-tops (i.e. Apple TV, Roku), Blu-ray devices and game consoles serve as the foundation for a new TV app economy. NextMarket Insights forecasts the US TV app economy to reach $14 billion by 2017, up from under $4.5 billion in 2012. “Market growth will be driven by a number of monetization models,” says Michael Wolf, Chief Analyst for NextMarket Insights. “The growth of app-delivered subscriptions, virtual pay-TV bundles, advertising, premium apps, in-app purchases, transactional content and...
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The Online Video Consumer: Men are From YouTube, Everyone Is From Netflix

Edmonds, WA - May 10, 2013 - While it's well known women and men often differ in the types of TV entertainment they prefer to watch, are there any differences in how the two genders use online video content? Yes, but not where you might think. According to a just-finished survey by NextMarket Insights of 1800 online video TV consumers, while both genders tend to watch online video in about equal measures (35% of both genders watch online video five of more times per week) and are both equally dedicated to cutting the cord (11% of male and 12% of female...
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Miracast and DIAL Enabled Display Devices to Reach 129 Million by 2017

Edmonds, WA - February 12, 2013 - The connected living room is expected to change significantly in coming years, as the number of devices with high-speed interfaces and modern software frameworks explodes.  An important driver for the evolution of the connected living room is second-screen interaction with the TV, and two technologies for connecting second screen devices - Miracast and DIAL - will see substantial adoption by display manufacturers by 2017. NextMarket Insights forecasts display device shipments with both technologies on board to grow from 7 million in 2013 to 129 million by the end of 2017. Figure 1: Miracast and...
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