“Imagine using your smartphone or tablet to detect an intruder in your home or to adjust the temperature in your living room — no matter where you are,” said Lisa Arrowsmith, associate director, connectivity, smart homes and smart cities, IHS. “Cloud-based home management makes all this possible, and much more. With a wide range of companies offering such solutions, the cloud-based home management system business will expand dramatically in the coming years.”

Cloud-based home management systems and services are designed for mass-market adoption, said the report. Other applications for these systems and services include home monitoring, energy management, and independent-
living services.

The types of companies offering cloud-based home management systems vary widely. One major group is existing service providers who have related core business lines, such as security or telecommunications providers. Other types of companies include device suppliers.

Smart home specialists are expected to play a major role in the deployment of smart home services globally. This category of companies includes both home automation providers that are moving toward a cloud-based model and a new breed of connected home specialists, such as Nest.

Information provided courtesy of IHS Technology. 

Publication date: 6/9/2014

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