Home Automation Market

Transparency Market

Research

Home Automation Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2014 – 2020

Published Date

2015-01-16

123 Page Report

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Press Release

Home Automation Market to Grow to US$21.67 Billion by 2020,

Aided by Growing Presence of Smartphones

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Home Automation Market

REPORT DESCRIPTION

Home Automation Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast 2014 – 2020

Transparency Market Research, a U.S.-based market intelligence firm, has announced the release

of a new market research report, titled ‘Home Automation Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020’. The report examines the global home

automation market devices and technology and presents forecasts for the market’s development

during the said forecast period.The report zooms in on the booming markets for smartphones,

tablets, and accompanying smartphone applications as the major growth drivers to propel the

global home automation market. Due to the connectivity readily offered by such smart devices,

in addition to the continuous development in mobile connectivity options, the global home

automation market is expected to expand at a CAGR of 26.3% upon its 2013 value of US$4.41

billion. The market is expected to be worth more than US$21 billion by the end of the forecast

period.

Browse the full Home Automation Market report at

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

Due to the dependence of home automation technologies on preexisting technological

infrastructure and connectivity options, the market is naturally the strongest in developed

countries such as the U.S., the U.K., Canada, France, and Germany. Widespread availability of

high-speed broadband in these...