Home Automation is automating home activities by using intelligent terminals to control home appliances and equipment. Home automation includes but not limited to centralized control of lighting, security checks/locks for home access, HVAC control and others.
An automated home provides numerous benefits to end-user such as reduced energy spending, security from theft and protection from unauthorized access to a home. The solutions are gaining popularity among enterprises in order to protect their commercial assets such as buildings, hardware infrastructures and others.
The research elaborates the competitive strategies for businesses with detailed market dynamics.
The market is driven by increasing demand of energy efficient solutions and rising security concerns. The market faces limitations due to high cost of automated homes.
Read more: http://www.whatech.com/market-research-reports/press-release/it/43173-home-automation-market-to-record-an-impressive-growth-rate-during-the-forecast-2020