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Home Networking
Market Hits "Knee in the Curve": Home Market to Reach $9.2 Billion
by 2006
SCOTTSDALE, Ariz., October 1, 2001
- The connected home market, consisting of home networking equipment
and software, residential gateways and home control and automation
products, will grow from $1.4 billion in 2001 to $9.2 billion worldwide
by 2006, according to Cahners In-Stat Group (http://www.instat.com).
The high-tech market research firm finds that the connected home
market has been spurred over the past year by a surge in popularity
of wireless networking technology and basic home routers to enable
broadband sharing.
"We've finally seen the hockey stick,"
states Michael
Wolf, a Director with In-Stat. "After years of asking questions
and learning about connectivity, the consumer has begun to see the
value of networking a home, despite a tough economic environment.
Home networking has proven to be one of the few bright spots in
today's otherwise challenging technology market." Wireless networking
has increased the popularity of home networking over the past twelve
months. Other factors that will continue to drive the positive momentum
are:
- The recognition among consumers
of the need for network security, as they turn to home routers
and residential gateways for "firewall" protection with an always-on
connection
- The release of Windows XP, the first
true "home-network friendly" operating system from Microsoft
- The emergence of the home server
in coming years as a distributor of content to the different end
points over the home network
- The gradual build in interest in
home networks among broadband service providers as an important
distribution platform for new services
Despite the positive momentum in the
market, challenges lay ahead for the market. "One of the positives
in the home networking market - wider integration of home connectivity
at lower prices for consumers - is one of the continued challenges
for the vendor community. Vendors will need to work hard to make
all these connections work at the higher levels as well as be able
to make money from their investments in this technology," states
Wolf.
The report, The
Digital Domicile: The Exploding Market For Home Networking Technology
and Services (#RC0108HN), discusses the different markets
for home networking technologies and includes forecasts, market
shares for home networking equipment, as well as in depth discussion
of the different markets and technologies.
To purchase this report or for more
information, please contact Courtney
McEuen at 916.984.1179; cmceuen@instat.com.
The report price is $3,795 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:
Mike
Wolf, Director - LAN & Enterprise Services
Phone: (425) 673-0313
Email: mikew@instat.commikew@instat.com
Kirsten Skedd,
Marketing Manager
Phone: 480.609.4534
Email: kskedd@instat.com
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