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Sept. 27, 2011: Global Home Automation Market Expected to Double From 2011 to 2016

September 27, 2011
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DALLAS — MarketReportsOnline has announced the availability of a new report, Global Home Automation and Control Systems Market by Products and Technologies (2011-2016), which forecasts that the market will grow from $16,888.27 million in 2011 to $35,627.83 million in 2016 at a compound annual growth rate of 16.1 percent.

According to the report, the home automation and control systems market has reached the world of standards, protocols, and data distribution systems, which allows home automation control structures such as security systems, HVAC systems, and lighting systems to interact and integrate with each other. The home automation and control systems that started with wired technology have now entered the era of wireless technology with technologies such as Zigbee, Z-wave, EnOcean, and others coming up.

The wide adoption of the Internet across the globe has resulted in the growth and advancement of the home automation and control market, noted the report. The flexibility to control and monitor home automation and control systems from anywhere is possible through the Internet. These systems can also be accessed and monitored via smartphones through message alerts.

Apart from increasing living standards and addressing the desire for greater convenience, home automation and control system products have also addressed the issue of saving energy for consumers.

Publication date: 09/26/2011

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