ABI Research identifies three drivers for home automation's growth beyond niche markets.(MARKET INTELLIGENCE)
Home Networks, October, 2006
High-touch retail environments, home monitoring via a service provider, and turnkey systems in new homes are three approaches that will help home automation vendors penetrate what has until now proved a stubborn market, according to a recent study from ABI Research. Using a combination of these, home automation vendors can expect to build revenues for wireless home automation nodes from a historical $1.1 million in 2005 to more than $58 million in 2011.
"For many years, home automation technology was available to consumers only in niche markets," said ABI Research senior analyst Sam Lucero. "At one end of the spectrum were technophile hobbyists; at the other were homeowners with custom home automation systems costing up to $100,000 or more. But home...
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