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Tuesday, August 12, 2014

Home automation opens up IoT market for telcos: Ovum

Home security is set to become single largest growth sector for internet service providers and telcos in the burgeoning internet of things (IoT) 'connected home' market, according to a new report by analyst and consultancy firm, Ovum.

"Home security provides the biggest medium term opportunity for service providers, but this opportunity requires a cohesive strategy in order to expand beyond the 5-10 percent of the market that buys traditional security and home automation services," said the report, Home Automation: Overseas Successes & Australian Opportunities, which was produced in conjunction with NBN Co.

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