Tag: Zion Research
Connected products driving smart home growth
January 25, 2017Paul Ragusa
The vision of the truly intelligent home where your security system and all of its connected smart home devices, from Siri to your stove, can be controlled by your smart phone, is starting to become a reality.
This leap in technology is good news for the industry, and good news for dealers, who are finding that this brave new world of connected devices is fueling interest in security systems, especially from customers who want to know how the two can work harmoniously together. And this is making...
Home automation market to grow at 25 percent CAGR
September 22, 2016SSN Staff
SARASOTA, Fla.—Global market research firm Zion Research published a new report that estimates that the global home automation market, which was valued at around $5 billion in 2014, is expected to reach $21 billion in 2020, growing at a CAGR of around 25 percent between 2015 and 2020.
Key aspects involved in home automation include centralized control of lighting, HVAC, appliances, security locks of gates and doors and other systems, to “provide improved convenience, comfort, energy efficiency...