90 million homes around the world to be automated by 2017, says study
NEW YORK, May 21 — Ninety million residences around the world will have some form of home automation system in place by 2017 according to a study released recently by global technology trend forecasters ABI Research.
Home automation systems allow users to control aspects of their home, such as lighting or temperature, and monitor elements such as energy usage either remotely or from a central control panel.
The May 16 report by ABI Research estimates that by 2017 the demand for home automation systems will have grown by 60 per cent.
This growth will be driven largely by the increasing levels of connectivity in our daily lives and the emergence — and expansion — of smartphone technology which allows users to monitor and control their home systems while on the move.
Market changes are also doing away with expensive, upfront installation costs, in favour of monthly subscription plans, making home automation systems more affordable for the mainstream consumer.
Some of the biggest home automation companies in North America are ADT, Comcast, Verizon, Lowe’s, however the report predicts that demand will outstrip supply and create “a raft of new partnerships”. — AFP-Relaxnews