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Evolution
of Home Automation into Smart Home Networks Propels Equipment Sales
to $1.7 billion
SCOTTSDALE, Ariz., March 21, 2001
- The traditional home automation market is beginning to change,
as new applications are developed for smart devices, and innovations
in device networking technologies enable the creation of user-friendly,
inexpensive systems that include an expanding range of devices,
according to Cahners In-Stat Group (http://www.instat.com).
The high-tech market research firm finds that in 2005, sales of
smart home controllers and nodes serving the U.S. residential market
will reach $1.7 billion, up from a mere $180 million in 2000.
"This powerful growth is due to two
primary market conditions. First, Internet connections are becoming
ubiquitous in the home, with broadband connections becoming even
more commonplace. Second, consumer demand for home networking is
resulting in an increasing number of new homes built with structured
wiring," says Katherine Bowen, Research Analyst with In-Stat's Voice
and Data Group. "Coupled with strengthened demand for energy management
and remote home control capabilities, the opportunity and incentive
is created for providers to deliver new, revenue-generating services
to home networks with smart devices." The result is an emerging
market for smart home networks, essentially networks of communicating,
intelligent devices capable of linking to the WAN and being remotely
accessed and controlled through the Internet, telephone or even
WAP cell phone. According to In-Stat, the smart home is becoming
a networked smart home, and a realistic option for the average person.
In-Stat has also found that:
- Non-traditional home automation
system vendors, such as white goods manufacturers, are beginning
to embed intelligence in appliances, and creating new divisions
focused on Internet connectivity.
- With deregulation and soaring energy
prices, energy service provider partnerships are growing, using
smart home devices to provide remote energy management services
while the utility saves money and avoids brown-outs. European
utilities are already heavily involved in smart home networks,
prompted largely by restrictions placed on consumer energy consumption
and US utilities are expected to follow suit.
- As smart home networking protocols
and transmission technologies become standardized and accepted,
an increasing number of residential gateways will begin to support
smart home networking, thereby integrating the smart LAN with
the WAN and other devices linked in the home network.
The report "Home
Automation Evolves: The Ascent of Smart Home Networks"
(#RC0102HN) outlines the evolution from home automation to smart
home networks, and analyzes the trends bringing smart home networks
to mass market. The market for smart home networks is forecast throughout
2005, including smart home controllers (segmented by market channel),
service revenues, and smart nodes. Vendor profiles of technology
and system manufacturers are also included.
To purchase this report or for more
information please contact Courtney McEuen at 480.609.4533; cmceuen@instat.com.
The report price is $3,495 USD.
Cahners In-Stat Group (http://www.instat.com)
covers the full spectrum of digital communications research from
vendor to end-user, providing the analysis and perspective that
allows technology vendors and service providers worldwide to make
more informed business decisions.
For more information,
contact:
Katherine
Bowen, Research Analyst - Voice and Data Communications
Phone: 480.609.4539
Email:
kbowen@instat.com
Kirsten Skedd,
Marketing Manager
Phone: 480.609.4534
Email: kskedd@instat.com
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