Transparency Market Research forecasts that the global home automation market will reach 16.4 billion by 2019. The following infographic shows the different segmentations associated with the home automation market.
1. Transparency Market Research forecasts
that the global home automation market
will reach 16.4 billion by 2019. The
following infographic shows the different
segmentations associated with the home
automation market.
HOME AUTOMATION MARKETBYAPPLICATIONBYNETWORKINGTECHNOLOGYBYTYPE
LightingSafety & Security
HVAC Entertainment
Wired
Power-Line Computer Network
Wireless
Luxury (Custom)Mainstream
DIY (Do It Yourself) Managed
The entertainment
segment, including
home audio and
video, accounted
for 24.7% of the
overall home
automation
market.
Power-line sys-
tems segment is
expected to grow
with a CAGR of
24.2 % over the
forecast period,
from 2014 to
2020, according
to the report.
The wireless system
segment of home
automation tech-
nology held the
largest revenue
share, accounting
for more than 50%
of the overall
market.
Connected-ho
me device sales
will drive over
$61 billion in
revenue this
year.
Users will have an
alternative form of
converting their
homes into smart
homes using their
cable broadband
provider or telco.
(Heating, Ventilation,
and Air-Conditioning)
The life safety and
security segment
held the highest
market revenue
share accounting to
$1.51 billion in 2014
and is expected to
maintain its
leading position
throughout the
forecast period.
http://www.transparencymarketresearch.com/home-automation-market.html
http://www.securitysales.com/article/forecast_global_home_automation_market_to_exceed_21b_in_2020
https://www.ce.org/News/News-Releases/Press-Releases/2014/CEA-Study-Finds-Almost-all-Home-Technology-Install.aspx
Sources:
https://medium.com/technology-media-market/home-automation-market-to-reach-usd-16-4-billion-by-2019-transparency-market-research-a89ff38f13c0#.lc5kvsuvq
Other (Robotics, Healthcare)