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Dublin, July 27, 2020 (GLOBE NEWSWIRE) -- The "Smart Home Market with COVID-19 Impact Analysis by Product (Lighting Control, Security & Access Control, HVAC Control, Entertainment, Home Healthcare), Software & Services (Proactive, Behavioural), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global smart home market size is expected to grow from USD 78.3 billion in 2020 to USD 135.3 billion by 2025, at a CAGR of 11.6%.

The growth of the smart home industry is driven by various factors, such as the increasing number of internet users, and the growing adoption of smart devices, rising disposable income of people in developing economies.

Moreover, the rising importance of home monitoring in remote locations, increasing need for energy-saving and low carbon emission-oriented solutions, the rapid proliferation of smartphones and smart gadgets, expansion of smart home product portfolio by a large number of players, growing concern about safety, security, and convenience among the general population will drive growth.

Entertainment and other control systems are likely to hold the largest share of the smart home market in 2020.

Entertainment has become an important part of life as it provides relaxation and rejuvenation. A multi-room entertainment control system allows the user to centralize all connected devices and then listen to, watch, and control that equipment from every room in the house simultaneously or independently.

Major control systems used in smart homes are audio, volume, and multimedia room controls. The growth of the market for audio, volume, and multimedia room controls is driven by the convenience offered for managing as well as controlling the entertainment systems within a house.

Advancements in wireless communication technologies are a major factor in boosting the growth of the market for home theater system controls, thereby driving the overall smart home market for entertainment controls. The large market share of this segment can be attributed to the high penetration rate of products such as smart meters and smoke detectors. The increasing cost of electricity is a major concern that drives household consumers toward energy savings. Moreover, the rising popularity of smart plugs, smart hubs, and smart locks are fueling the adoption of control systems.

Behavioral type software and services are expected to account for the largest market share in 2020.

The increasing connectivity between machine-to-machine solutions and the Internet of Things is driving the growth of the smart home and energy management markets, which has, in turn, influenced the growth of the market for software and services for smart homes. The behavioral type software and services help analyze energy-related data and forward it to end-users. This category is restricted to transmitting and receiving data and does not perform intelligent actions like the proactive type. Behavioral type solutions provide direct feedback to end-users, thereby providing the basic information regarding the real-time energy data, along with the historical data reflecting energy usage. Therefore, behavioral type software and services are likely to hold the largest market share in 2020.

North America and APAC considered major markets for smart homes.

North America is likely to account for the largest share of the global smart home market in 2020 owing to the increasing demand for reliable home energy management systems and enhanced home security levels, as well as the growing popularity of smart devices such as tablets and smartphones. The smart home market in APAC is expected to grow at the highest rate during the forecast period. Factors such as strong economic growth, increased population, improved standard of living, and rapid urbanization leads to a sophisticated infrastructure and driving the growth of the smart home market in this region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights4.1 Attractive Opportunities in Smart Home Market4.2 Smart Home Market, by Product4.3 Smart Home Market, by Product and Region4.4 Smart Home Market, by Region

5 Market Overview5.1 Introduction5.2 Evolution5.3 Market Dynamics5.3.1 Drivers5.3.1.1 Increasing Number of Internet USers and Growing Adoption of Smart Devices5.3.1.2 Increasing Disposable Income of People in Developing Economies5.3.1.3 Increasing Importance of Home Monitoring in Remote Locations5.3.1.4 Growing Need for Energy-Saving and Low Carbon Emission-Oriented Solutions5.3.1.5 Rapid Proliferation of Smartphones and Smart Gadgets5.3.1.6 Expansion of Smart Home Product Portfolio by a Large Number of Players5.3.1.7 Growing Concern About Safety, Security, and Convenience Among General Population5.3.2 Restraints5.3.2.1 More Convenience-Driven Rather Than Being Necessity-Driven Market5.3.2.2 High Cost of Switching for Existing Smart Device Consumers5.3.2.3 Issues Related to Breach in Security and Privacy5.3.3 Opportunities5.3.3.1 Favorable Government Regulations to Promote Green Buildings5.3.3.2 Incorporation of Lighting Controllers With In-Built Data-Connectivity Technology5.3.3.3 Integration of Power Line Communication Technology in Smart Homes5.3.4 Challenges5.3.4.1 Linking Disparate Systems, Limited Functionality, and Lack of Open Standards5.3.4.2 Risk of Device Malfunctioning5.3.4.3 Disruptions in the Supply Chain Due to the Covid-19 Pandemic5.4 Value Chain Analysis5.5 Supply Chain Analysis5.6 Opportunities for Companies in Smart Home Value Chain5.7 Key Industry Trends5.8 Top Investors in Smart Home Market

6 Protocols and Technologies USed in Smart Homes6.1 Introduction6.2 Cellular Network Technologies6.2.1 Cdma Network6.2.2 Gsm/Hspa Network6.2.3 Lte Network6.3 Protocols and Standards6.3.1 Dali6.3.2 Nema6.3.3 Knx6.3.4 Dmx6.3.5 Lonworks6.3.6 Ethernet6.3.7 Modbus6.3.8 Bacnet6.3.9 Black Box6.3.10 plc6.4 Wireless Communication Technologies6.4.1 Zigbee6.4.2 Z-Wave6.4.3 Wi-Fi6.4.4 Bluetooth6.4.5 Enocean6.4.6 Thread6.4.7 Infrared7 Smart Home Market for Software & Services7.1 Introduction7.2 Behavioral7.2.1 Behavioral Type Software and Services Segment to Hold Largest Market Share During the Forecast Period7.3 Proactive7.3.1 Proactive Type Software and Services Segment to Register Highest CAGR During the Forecast Period

8 Smart Home Market, by Product8.1 Introduction8.2 Lighting Control8.3 Security and Access Control8.4 HVAC Control8.5 Entertainment Control and Other Controls8.6 Smart Speaker8.7 Home Healthcare8.8 Smart Kitchen8.9 Home Appliances8.10 Smart Furniture

9 Geographic Analysis9.1 Introduction9.2 North America9.3 Europe9.4 Asia-Pacific (Apac)9.5 Rest of the World9.5.1 Regulatory Frameworks9.5.2 South America9.5.2.1 Latin America Held Largest Share in Row Market for Smart Homes9.5.3 Middle East9.5.3.1 Growing Government Initiatives for Security Boost Smart Home Market in this Region9.5.4 Africa9.5.4.1 Growing Security Concerns to Boost Smart Home Market in this Region

10 Competitive Landscape10.1 Overview10.2 Key Players in Smart Home Market10.2.1 Product Launches10.2.2 Agreements, Partnerships and Collaborations10.2.3 Acquisitions10.3 Competitive Leadership Mapping10.3.1 Visionary Leaders10.3.2 Innovators10.3.3 Dynamic Differentiators10.3.4 Emerging Players10.4 Business Strategy Excellence Analysis (25 Companies)10.5 Strength of Product Portfolio Analysis (25 Companies)

11 Company Profiles11.1 Key Players11.1.1 Honeywell11.1.2 Siemens11.1.3 Johnson Controls11.1.4 Schneider Electric11.1.5 United Technologies Corporation11.1.6 Amazon11.1.7 Apple11.1.8 Adt11.1.9 Robert Bosch11.1.10 Assa Abloy11.1.11 Abb11.2 Other Key Companies11.2.1 Samsung Electronics11.2.2 Sony11.2.3 Buildingiq11.2.4 Delta Controls11.2.5 Control411.2.6 Axis Communications11.2.7 Comcast11.2.8 Alarm.Com11.2.9 Vivint11.2.10 Simplisafe11.2.11 Armorax11.2.12 Canary11.2.13 Scout11.2.14 Nortek Security & Solution11.2.15 Legrand11.3 Right to Win

12 Adjacent and Related Market12.1 Introduction12.2 Limitations12.3 Home Security Solution Market12.3.1 Market Definition12.3.2 Market Overview12.4 Home Security Solution Market by Systems12.5 Home Security Solution Market, by Services12.6 Home Security Solution Market by Region12.6.1 Americas12.6.2 Europe12.6.3 APAC12.6.4 Row13 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/vcbwtp

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Smart Home Market with COVID-19 Impact Analysis by Product, Software & Services, and Region - Global Forecast to 2025 - GlobeNewswire

WISeKey Appoints Ben Stump as Chief Revenue Officer to Drive the Next Phase of its Global Growth

Geneva, Switzerland July 27, 2020: WISeKey International Holding Ltd. (WISeKey) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that it has appointed Ben Stump as its Chief Revenue Officer with global responsibility for sales and marketing. Mr. Stump brings nearly 25 years of experience and proven success in sales, marketing, innovation and technology.

Ben is an accomplished leader with deep industry expertise who is a welcomed addition to our executive leadership team, said Carlos Moreira,WISeKeysFounder and CEO. His leadership experience in Digital Transformation, IoT ecosystems and Brand Protection, coupled with his strategic sales approach will deliver market leading solutions that provide tangible ROI for our customers as we collectively continue the digital transformation.

Mr. Stump was most recently WISeKeys VP of Business Development, Brand Protection & Customer Engagement for the U.S. Prior to joining WISeKey, Mr.Stumpwas Chief Technology Officer at OpSec Security where he developed and implemented OpSecs digital transformation and introduced SaaS offers for supply chain management with blockchain technology, consumer engagement and license management, as well as managed service offers for online brand protection. Prior to OpSec, he held executive management positions with Westell Technologies, Kentrox, Digicel, and Telcordia.

WISeKey is at the leading edge of delivering unique solutions that bring the IoT to secure life, said Mr. Stump. The combination of secure semiconductors, secure digital identities and value-added applications gives WISeKey an unparalleled and unique position in the market and I am excited to continue to be part of the Companys growth and success in delivering innovative solutions.

About WISeKeyWISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping todays Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKeys Swiss based cryptographic Root of Trust (RoT) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visitwww.wisekey.com.

Press and investor contacts:

Disclaimer:This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

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WISeKey Appoints Ben Stump as Chief Revenue Officer to Drive the Next Phase of its Global Growth - GlobeNewswire

Cloud-based tech firm Fastly (NYSE:FSLY) is one of the hottest names on Wall Street in 2020, zooming from $10.63 in March to more than $100 recently. FSLY stock has made a lot of investors happy as of late.

Source: Pavel Kapysh / Shutterstock.com

But some bears think the run in Fastly stock is nearing an end, and the stock is down 16% since hitting its recent high.

Are the good times over for Fastly? Or is this minor setback just an opportunity to buy on the dip?

The recent pullback had a lot to do with some cautious sentiment from analysts. In fact, these all came in on July 13:

So, is it any wonder that shares tumbled in mid-July?

Things like this happen in the stock market and analysts estimates certainly have an impact when it comes to market sentiment. Its times like this when an investor needs to take a hard look at a stock and decide if theyre still on board with the companys growth story, or if theyre more comfortable jumping on the analyst bandwagon and cashing in.

First, its probably helpful to remind ourselves why we liked Fastly stock in the first place. Fastly, headquartered in San Francisco, is a cloud-computing company that provides content delivery, internet security services, as well as video and streaming services.

In the age of the novel coronavirus, secure internet and quality video and streaming services are a must. More people are working from home and they require secure networks so they can do their jobs despite the restrictions of remote employment.

Fortune, in fact, calls Fastly the best-performing work-from-home stock during the Covid-19 pandemic.

Companies that use Fastlys platform include Slack (NYSE:WORK), Airbnb, Spotify (NYSE:SPOT), Stripe, Pinterest (NYSE:PINS), Vimeo and Github, which is owned by Microsoft (NASDAQ:MSFT).

Fastly says that its capable of handling more than 800 billion requests per day, and that the companys network achieved connected edge capacity of 100 terabits per second.

First-quarter earnings were a signal of things to come for Fastly. The company reported revenue of $62.92 million, which beat analysts estimates of $59.38 million. Earnings per share came in at a loss of $0.06, which was better than the -$0.12 EPS that analysts had projected.

CEO Joshua Bixby told analysts that Fastly will play an important role for businesses during the pandemic.

Fastly is the platform of choice for innovators. We are partnering with the most technologically advanced and creative companies, who we believe will not only weather the storm, but will continue to thrive in this environment. Companies are increasingly recognizing the importance of digital transformation not only to survive during these uncertain times, but also for long-term success. As we are seeing this trend accelerate and evolve, we believe we are best positioned to partner and grow with these companies as they look for a trustworthy and modern platform.

Analysts may be jumping off the bandwagon, but there are still strong buy signals for Fastly stock.

Fastly continues to have strong sales growth and should continue to exceed analysts earnings expectations as the Covid-19 pandemic continues to force companies to telework.

The slip in stock price appears to be a great time to pick up Fastly stock at a discount and ride the wave higher.

Patrick Sanders is a freelance writer and editor in Maryland, and from 2015 to 2019 was head of the investment advice section at U.S. News & World Report. Follow him on Twitter at@1patricksanders. As of this writing, he did not hold a position in any of the aforementioned securities.

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This Is a Good Time to Buy Fastly Stock on the Dip - InvestorPlace