REPORT: 120 Significant Players in Home Energy Market

REPORT: 120 Significant Players in Home Energy Market

Postby Oscar » Thu Apr 02, 2015 9:37 am

New Report Identifies 120 Significant Players in a Burgeoning Home Energy Market

[ http://www.greentechmedia.com/articles/ ... e-energy-m ]

Mike Munsell ‎Marrch 22, 2015

According to GTM Research’s latest report, Energy in the Connected Home 2015: Technology, Evolution, Landscape, and Distribution Strategies, [ http://www.greentechmedia.com/research/ ... -home-2015 ] the burgeoning home energy market is attracting entrants from a wide range of industries. The report counts 107 mergers, acquisitions and partnerships in
the space since 2009 and details 120 of the most significant players in the North American home energy market.

Tech companies, energy retailers, service providers, utilities and investors make up just a fraction of the diverse set of industries clamoring to enter the home energy market. A growing list of blue-chip vendors, including Apple, ADT, Google (after it acquired Nest), Samsung, Verizon, and Wal-Mart, are partnering with incumbent hardware and software providers to develop home internet-of-things ecosystems to usher in a new phase of home energy management solutions. These players enter an arena already crowded with solar, security, telecom and energy providers.

“Venture-backed startups are positioning themselves to take advantage of the new and competitive era of energy management in the connected home that is driven by the proliferation of consumer interest in smart devices and increasing efforts to reduce home energy bills,” says report author and GTM Research Senior Grid Analyst Omar Saadeh. He notes that “market growth is creating opportunities for companies on both sides of the meter.”

Consumer product providers continue to test new business models and bundled offerings in hopes of increasing adoption and enticing high-value customers. These solutions are becoming increasingly integrated as consumers begin to realize the value of convenience, as well as potential cost savings associated with data sharing among intelligent devices.

“The quest for additional revenue sources and increased operational flexibility, combined with evolving regulatory requirements, is pushing utilities to continue to explore and implement residential energy management solutions,” says Saadeh. “Utility incumbents continue to test and deploy a wider set of products and services to promote consumer engagement, energyefficiency and demand management.”

The new report provides a comprehensive look at the vendor landscape, drivers and barriers, technology evolution, and financial activity within the home energy market.

- - - -

Focusing primarily on the U.S. and Canadian markets, this report examines the rapidly evolving and emerging technology landscape that is shifting the entire vendor and service provider ecosystem. It analyzes how transformations in traditional thinking have forced players to re-examine go-to-market strategies, opening new channels and forging novel relationships to ultimately reach the end-consumer. As clearer value propositions continue to emerge, a range of multi-vendor developed offerings is priming the market for a new wave of home software products and services.

For more information, visit
[ https://www.greentechmedia.com/research ... -home-2015 ].
Oscar
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