Home Automation Architecture Market Discussed by iRAP in Topical Report Available at MarketPublishers.com02 Apr 2015 • by Natalie Aster
LONDON – Home automation has been gaining popularity rapidly in the recent past owing to increased affordability and simplicity with smart phone and tablet connectivity. The concept of the Internet of Things (IoT) has tied closely with the popularisation of home automation.
The rapidly developing global market for home automation architecture is expected to grow from USD 11.95 billion in 2013 to reach USD 20.85 billion by 2018, at 11.7% CAGR. Region-wise, North America accounted for the dominant market share, with Europe, Japan, and RoW following after. The AAGR of the four major regional markets reviewed is expected to be grow from 7.7% to 16.8% during 2013-2018. Managed solutions provided by telecommunications operators and security services grabbed the lion’s market share as of 2013, with mainstream automation architecture, luxury installations and the remaining in point products (DIY) architectures stepping after.
From 2013 to 2018, telecom and mobile network operators are expected to play a significant role in reaching the mass market via affordable services and partnerships with producers of home automation products. Manufacturers of home automation architecture await competition to intensify in the offing from a range of various sources. Increased competition could lead to a decrease in gross margins and prices and require higher levels of spending on R&D, marketing and sales, and customer support. As of 2013, security services and products in home automation was the most preferred choice for customers.
Topical report “Home Automation Architecture – Types, Applications, New Developments, Industry Structure and Global Markets” elaborated by Innovative Research and Products (iRAP) provides highlights of the many novel developments in home automation and assessments of the markets in this emerging industry. The study explores key trends in 2013 in mobile technologies’ capabilities and the mobile ecosystem that will be vital for companies to design and deliver valued and viable smart home services. It provides world market size and/or percentage share of security and home automation architecture by market segment from 2013 up to 2018, gives a detailed overview of the industry, investigation of key technologies, analysis of the industry structure and dynamics, and examines novel developments and patents. The publication also studies the competitive landscape and profiles the top companies.
Home Automation Architecture – Types, Applications, New Developments, Industry Structure and Global Markets
Published: November, 2014
Price: US$ 3,950.00
More topical studies by the publisher can be found at Innovative Research and Products page.