90 Million Homes Worldwide Will Employ Home Automation Systems by 2017, Finds ABI Research
New subscription-based home automation offerings are rapidly transforming the way consumers will monitor, secure, and control their homes. Long the preserve of more expensive, custom-installed technology, home automation is moving into the mainstream, with companies such as ADT, Comcast, Verizon, Lowe's, and many others all adding home automation to their customer services.
A number of factors are driving the new entrants into the market. Connectivity is one key factor. Not only are there currently high home broadband penetration rates, as well as the potential for embedded cellular connections to connect systems, but also smartphone applications allow consumers to control and check their homes from wherever they are. As connectivity options make the home automation systems more useful, market changes are also making home automation more affordable. A traditional large up-front installation and equipment purchase is increasingly being replaced by monthly subscription offerings - often bundled alongside already existing services.
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