Africa Baby Care Products Market - Infinium Global Research Global Home Energy Management System (HEMS) Market | Page 2

The report on home energy management system by Infinium Global Research
analyses the home energy management system Market over the period of
2016 to 2021. This report also provides detailed qualitative and quantitative
analyses of the market dynamics, market size and future trends in Global
home energy management system Market. It will help a lot of decision
makers to develop strategies and find new opportunities in the Global home
energy management system Market.
Global home energy management system market gained boost when Google
acquired Nest Labs in January 2014 to make its mark in smart home.
Additionally, Honeywell announced its Lyric smart thermostat with geo-
fencing that automatically auto-adjusts thermostat settings.
Home energy management system (HEMS) is product or service which
controls, monitors or analyzes energy used at home. Some of the home
energy management system includes personal energy management, home
automation services, utility demand response program, auditing, visualization
& data analysis and other security services. Whilst home energy management
system enables energy optimization and power efficiency, it also connects
every part of the smart home and controls it from a central point. These
systems basically provide interface between energy consuming objects in the
house and smart grid. With growing awareness about new products/services
that better manage and help to control home energy consumption, the global
Infinium Global Research