Home Automation Market to Grow to Us$21.67 Billion by 2020, Aided by Growing Presence of Smartphones

Transparency Market

Research

Home Automation Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020

Published Date

16-Jan-2015

123 Page Report

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Home Automation Market

REPORT DESCRIPTION

Home Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

2014 - 2020

With technological advancements in several developing countries across the globe, home automation

solutions are evolving continuously. Modern day home automation solutions utilize high end digital

technology for providing better performance and efficiency. Home automation systems refer to all such

systems, whether used as a single application or as integrated solutions that are used to automate

processes. They are electricity powered and are manually controlled (such as turning on the AC, dimming

lights, managing entrance gate and cameras, operating smart appliances in a house, and so on.

Browse Home Automation Market Report with Full TOC at

http://www.transparencymarketresearch.com/home-automation-market.html

The home automation market is primarily driven by growing need for effective solutions in various

domestic applications such as lighting, safety and security, energy management, entertainment (audio and

video) and HVAC (heating, ventilation, and air conditioning). High degree of internet connectivity and

penetration in developed countries such as the U.S., the U.K., France, and Germany is also contributing to

the growth of home automation market globally. Safety and security was the highest revenue generating

application segment in 2013.

Factors such as rising awareness towards energy conservation and ability to manage energy consumption

through automation technologies primarily influence market growth. Smartphone based home...