Home Automation Spurs Technological Growth
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Even though the world is going through one of the harshest recessions in living memory, there are some markets that are on the increase and one of them is home automation. Many financial experts are baffled by the increase because many think that one of the markets that should be suffering the most is the tech/gadget market, but it isn’t, and this is for a good reason. This market and the energy management market are putting together some impressive sales results year after year even during bad financial times, and here we will explore why.
The home automation market, which is currently by developments from Z-Wave, ZigBee and LightwaveRF, appeals to a mass of people who are interested in making things easier. However, this is not the main reason why people are purchasing these items. In fact, many choose these items because they can see the long-term financial benefits of them. Many of the leading experts in the industry have said that these products are under appreciated in terms of their potential money-saving attributes, and analysts are saying that the investment opportunity makes sense.
Products from these companies not only increase the overall resale value of your home, but allow you to live in comfort with peace of mind. We all know that the heating prices have increased dramatically, which means that leaving your heating on all day so you do not come home to a cold home is impractical, but if you leave it off, then you turn up to a freezing cold, uncomfortable home, and this is where home automation can help. A Set like the Vera Lite Energy Kit from Z-Wave allows you to manage the heating of your home from a remote location. For instance, say you are leaving work at 5:30 pm and it takes you 30 minutes to get home, instead of leaving the heating on all day, or getting home to a freezing home you can set your heating to come on from your office in that interim period.
Some of the figures are astounding. From 2010-11, the market increased over 20% and people still do not think the market is anywhere near peaking. It is believed that as much as $43 billion could be spent by homeowners on this industry in the next five years.
Plus, another reason why this industry has not slowed down even with the current climate is because, now more than ever, people want to stay safe and the security technology in place in this industry is simply astounding. A Kit like Vera 3 Security Kit from Z-Wave really brings you technology that cannot be found on offer from any security company, and all at a much more affordable price.
The home technology market has really started to take off, and it shows no signs of slowing down, and this has all been at a time when finances are limited. Therefore, the indication is that when times are better financially, this is a market that will start to show some unbelievable results.
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