Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Strategy Analytics: Remote Monitoring, Control and Security to Propel Global Smart Home Market to $72 Billion by 2017



  Strategy Analytics: Remote Monitoring, Control and Security to Propel Global
  Smart Home Market to $72 Billion by 2017

          160 Million Homes Worldwide to Have Smart Systems by 2017

Business Wire

BOSTON -- January 8, 2013

Strategy Analytics predicts that 16 percent of broadband households in the
world will have at least one smart home system by 2017. Increasing demand for
monitoring and control services offered by wireless carriers, broadband,
energy and security service providers such as ADT, AT&T, British Gas, Rogers
Communications, SFR, Swisscom, Time Warner Cable and Verizon, along with
remote-enabled entertainment controls and smart appliances from the likes of
LG and Whirlpool will drive the bulk of households that adopt smart home
systems and services, according to Strategy Analytics’ Smart Home Strategies
(SHS) advisory service, “Smart Home Systems and Services Forecast: Global
Total.” Interactive security services, integrated entertainment and home
controls will be the major revenue generators followed by self-monitoring
systems and services.

“Home energy management will be a market driver in some Western European
countries, such as Germany, where Deutsche Telekom and its partners E.ON,
EnBW, eQ-3, Meile, Samsung, tado^o and Winkle are addressing smart home
opportunities with the QIVICON offering. Interactive security from Alarm.com
and Comcast in addition to ADT will remain the leading application in the US
market and entertainment-related solutions will be popular globally,” stated
Bill Ablondi, Director, Smart Home Strategies advisory service.

The research also assesses the opportunity for other emerging smart home
systems and services, such as digital health solutions, which offer
professionally monitored home-based healthcare services, smart appliances and
devices such as surveillance cameras, motion sensors and programmable
communicating thermostats.

Global Smart Home Systems and Services Market Forecast ($ Billion)
 
                                        2012     2013   ... 2017
Smart Home Hardware                     $ 13.7   $ 19.4 ... $ 41.3
Smart Home Services & Installation Fees $ 8.1    $ 11.5 ... $ 30.5
Total Smart Home Revenues               $ 21.8   $ 30.9 ... $ 71.8
 
Source: Strategy Analytics, Inc.

Note: Includes interactive IP-based security, home monitoring and control,
entertainment control, smart appliance controllers, digital healthcare;
hardware, service and installation fees

Analyst Blog: blogs.strategyanalytics.com/shs.

About Strategy Analytics

Strategy Analytics, Inc. provides the competitive edge with advisory services,
consulting and actionable market intelligence for emerging technology, mobile
and wireless, digital consumer and automotive electronics companies. With
offices in North America, Europe and Asia, Strategy Analytics delivers
insights for enterprise success. www.StrategyAnalytics.com

Contact:

Strategy Analytics, Inc.
US Contact:
Bill Ablondi, +1 617-614-0700
wablondi@strategyanalytics.com
or
European Contact:
David Mercer, +44 1908 423 610
dmercer@strategyanalytics.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement