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Thursday, June 18, 2015

Home automation market loses steam

he home automation market, which was gaining attention and experiencing robust growth in 2014, is quickly losing steam.
That's one of the biggest takeaways from a report published yesterday by Silicon Valley-based market research firm Argus Insights, which reveals as of May 2015, consumer demand for connected home devices such as thermostats, lightbulbs, locks, sensors and cameras experienced its first drop below the level of a year ago, a sign that consumer interest is stagnating.
The study includes consumer review data from the US and the UK, plus global social media data, says John Feland, CEO and founder, Argus Insights.

Read more: http://www.itweb.co.za/index.php?option=com_content&view=article&id=143988:Home-automation-market-loses-steam&catid=86

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