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Research and Markets: United States Connected M2M Home Appliance Market Report 2014-2018: Key Vendors are AlertMe.com, Apple, AT&T, Comcast, Electrolux, Honeywell International, LG Electronics & Samsung ElectronicsDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/9jrzwd/connected_m2m) has announced the addition of the "Connected M2M Home Appliance Market in the US 2014-2018" report to their offering. The Connected M2M Home Appliance market in the US to grow at a CAGR of 49.98% over the period 2013-2018 A smart home appliance allows residents to monitor, control, and connect all the appliance information to simple user interfaces. This concept is being touted as one of the most critical consumer lifestyle innovations of this decade, as not only will it greatly enhance the quality of life but will also lead to significant cost and energy savings. The smart home appliance concept is still considered as a niche and luxury service. For this market to grow further it is essential that new business models come up the horizon to make smart appliances reach within the means of mass consumer. A very important trend emerging in this market s the concept of cloud-managed smart homes. Cloud technology has applications in many fields and connected home appliances are one of them. The cloud aims to reduce the complexity of managing the software and ensure interoperability of devices at home by blending the services' intelligence in the network cloud. According to the report, a significant driver of the market is very high smartphone penetration in the US. Owing to its high smartphone adoption, the US has emerged as one of the most lucrative markets for connected M2M home appliances and is expected to see an exponential upward surge in the coming years. Over half of the smartphone users in the US are over the age of 55, indicating that usage is spread across people of all ages. Further, the report states that the conflict between complexity and usability in the minds of end-users is a significant challenge in this market. The concept of a smart home equipped with smart home appliances is still a very new concept even in a technologically advanced economy such as the US. Therefore, the market is facing high levels of end-user conservatism. Some users, who are not very technology-friendly, show greater resistance towards embracing this concept. Key Vendors
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