Home automation has been around for decades in Europe where electricians and system integrators play an integral role in automating homes. Now, new technologies in the market are making homes smarter. New service providers, like energy and insurance companies, are also getting involved in this rising market.
Home automation has been around for decades in Europe where electricians and system integrators play an integral role in automating homes. Now, new technologies in the market are making homes smarter. New service providers, like energy and insurance companies, are also getting involved in this rising market.
The European smart home market is expected to achieve double-digit growth over the next few years. According to a European smart home market research report from research firm MarketsandMarkets, the overall European smart home market is expected to reach US$15.3 billion by 2020 at a CAGR of 17% between 2015 and 2020. This view was clearly shared by most of the companies a&s talked to at the Light+Building 20...
Product Adopted:Energy Efficiency