Number of Home Automation Systems to Hit 4 Million in 2013
Study says home automation market to grow more than 50 times its current size.
The number of home automation systems — both professionally installed and DIY — will reach more than 4 million in 2013, says ABI Research.
The Home Automation and Security Report says the market will grow more than 50 times its current size in five years.
There were 237,000 systems that shipped in 2007.
The study attributes the growth to new approaches:
- “Mainstream” systems based on standardized technologies and packaged components
- Home automation as a managed service offered through a broadband or wireless service provider
According to the study, home automation systems will no longer be confined to two niche markets: luxury custom-designed and installed high-end systems and “do it yourself” systems.
“Home automation systems are becoming more mainstream and managed services are growing,” says ABI Research senior analyst Sam Lucero.
Managed home automation will show the strongest growth of all, with an anticipated 1.3 million shipments in 2013.
The study says significant growth will be driven by broadband and telecom service providers that start to offer managed services, which provide functionality and remote monitoring via a computer or smartphone, as part of “quintuple play” bundles.
Parks Associates says the wireless controls market will exceed $3 billion in 2012.
Jason has covered low-voltage electronics as an editor since 1990. He joined EH Publishing in 2000, and before that served as publisher and editor of Security Sales, a leading magazine for the security industry. He served as chairman of the Security Industry Association’s Education Committee from 2000-2004 and sat on the board of that association from 1998-2002. He is also a former board member of the Alarm Industry Research and Educational Foundation. He is currently a member of the CEDIA Education Action Team for Electronic Systems Business. Jason graduated from the University of Southern California. Have a suggestion or a topic you want to read more about? Email Jason at [email protected]
Follow Jason on social media:
ResearchHouzz: 45% of Residential Renovations Include Home Automation
Houzz Study: Master Bathrooms Go High Tech
Consumers Spend $8.9 Billion on Home Entertainment So Far This Year
CTA Forecasts Emerging Trends, Including 4K, Smart Home and VR
Study: ‘Smart Lighting’ Gains Rapid Consumer Awareness
View more on Research