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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.

Read more: http://www.eweek.com/small-business/home-automation-market-to-top-100-billion-by-2020.html

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