World Moving To Home Energy Management Systems
Market Data: Home Energy Management; Home Energy Reports, Digital Tools, Standalone HEM, and Networked HEM
4Q 2016 (Navigant Research)
“Home energy management (HEM) is a broad market segment covering technologies and services that consumers use to better manage and control their home energy consumption…[Today’s HEM stakeholders have shifted to a focus] on energy management as a component of the connected smart home…driven by relatively flat electricity prices, lack of utility involvement, and the ability to offer HEM without advanced metering infrastructure deployments. Hardware and software vendors and non-energy service providers have…[are using their hold on the consumer market to seize market momentum] with their existing in-home offerings…According to Navigant Research, global revenue attributed to HEM devices is expected to grow from almost $2.3 billion in 2016 to $7.8 billion in 2025…” click here for more
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