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Thursday, November 19, 2015

Home Automation Market to Top $100 Billion

Consumer spending on smart home services, including entertainment, health, energy and home automation will reach $100 billion by 2020, well over twice the estimated spending for this year, at $43 billion, according to a Juniper Research report.
The report noted the market will continue to be characterized by high prices and a low value in connectivity, and consequently, while Samsung expects 100 percent of its portfolio to be connectable by 2020, consumers actually using these features are forecast to remain relatively low.

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