According to ABI Research this week, a whopping 90 million homes worldwide are to employ home automation systems by 2017.
No longer is it the case where Jim next door, has his games room, swimming pool and gets all the home automation toys in too.
It seems that adding home automation devices to the home isn't a daunting task any more. New subscription based home automation offerings are rapidly transforming the way consumers will monitor, secure and control their homes. Home automation is moving into the mainstream, becoming more affordable and available.
Connectivity is a key factor, with high home broadband penetration rates, as well as the potential for embedded cellular connections to connect systems but also Smartphone applications allow consumers to control and check their homes wherever they are. It really is that simple.
Over the next five years the managed home automation market will grow at a CAGR of 60% between 2012 and 2017. With no one company being able to provide all the parts, a raft of new partnerships are forming in the business world.
There is no reason to be scared of new technology as over the next 5 years, it will become simpler, more affordable and the fashionable thing to do. Why wait, this is a great opportunity to get ahead of the game.