DEVELOPMENTS IN ADJACENT SECTORS OPEN OPPORTUNITIES FOR HOME AUTOMATION TO REACH A WIDER AUDIENCE

Home automation systems are becoming increasingly simpler for both end users and installers, driving the market forward and acquiring a wider audience. Technology advances also help create innovative and affordable systems that reach a more extensive customer base. New analysis from Frost & Sullivan, European Home Automation Markets, finds that the market earned revenues of €164.3 million in 2010 and estimates this to reach €228.7 million in 2015, at a compound annual growth rate of 5.1 per cent. 'Home automation has witnessed major changes over the recent years; the most significant has been the introduction of tablet computers which are having a major impact on the home automation market, particularly the luxury segment,' states Frost & Sullivan Research Analyst Hammam Ahmed. 'So far the market has satisfactorily addressed the new developments and is set to benefit from these advances in a manner that will promote home automation and make it available to a wider customer base.'

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Give your customers First-Class Service with Pakedge BakPak

Give your customers First-Class Service with Pakedge BakPak

Pakedge BakPak allows you to know when your customers' networks need attention--before they do. Instantly receive notifications, email or texts so you can react quickly. Constant network management allows you to have your whole customer base at your fingertips in an easy to read dashboard showing the status of all your customers. And you can even access, troubleshoot, and resolve network issues right from your mobile device or laptop.