BOSTON, Aug. 12, 2014 /PRNewswire/ -- Spending on smart home systems and services in the US will hit $18 billion in 2014 and more than double to $39 billion by 2019 according to Strategy Analytics' Smart Home Strategies latest forecast. Apple, Google and Samsung are among the big consumer brands posturing for position in the market as ADT, Vivint, Comcast and AT&T drive growth in the interactive security market. The competitive dynamics shaping the market are described in "Handicapping the US Smart Home Horserace."
Click here for a copy of the report: http://sa-link.cc/C7
Key findings from the report:
Quote: Bill Ablondi, Director, Smart Home Strategies said: "Interactive security will take the revenue lead from professionally installed home control and entertainment systems in the overall US smart home market and Nest's acquisition of Dropcam signals Google's desire to become a disruptive force in this market."
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About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
US Contact: Bill Ablondi, +1 617 614 0700, wablondi@strategyanalytics.com