While home automation is still considered to be in its infancy, it undoubtedly presents a huge growth opportunity, and is good news for those in the industry looking to boost their existing revenue streams. Furthermore, the fact that the sector is poised for immense growth over the coming years emphasizes the vast potential for operators and system manufacturers.
While home automation is still considered to be in its infancy, it undoubtedly presents a huge growth opportunity, and is good news for those in the industry looking to boost their existing revenue streams. Furthermore, the fact that the sector is poised for immense growth over the coming years emphasizes the vast potential for operators and system manufacturers.
“As technology continues to advance and give birth to new innovations, residential customers are becoming increasingly aware of home automation systems and their capabilities,” said Kamelija Stefanova, Research Manager at Informa Telecoms and Media. “Modern security systems now have the ability to manage locks and video surveillance cameras remotely, offer control over connected electronic devices to enhance safety in the house, and much more.”
“Additionally, further developments in super-fast broadband services will support home automation demand, with new and improved products taking greater advantage of digitalization within the connected home,” said Stefanova.