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$6 Billion Smart Home Cloud Services in 2015
http://www.electronics.ca/presscenter/articles/1577/1/6-Billion-Smart-Home-Cloud-Services-in-2015/Page1.html
By Electronics.ca Research Network
Published on October 14, 2011
 
Smart Home sensor network chipset shipments will approach 100 million worldwide in 2015, enabling nearly $6 billion in cloud services for energy and home service providers.  Adoption of Smart Home sensor networking is accelerating in several channels and new business models are already emerging.

MONTREAL, Oct. 14, 2011 /ATR-Newswire/  ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the release of a comprehensive global report on Smart Home Sensor Networks market.

Smart Home sensor network chipset shipments will approach 100 million worldwide in 2015, enabling nearly $6 billion in cloud services for energy and home service providers.  Adoption of Smart Home sensor networking is accelerating in several channels and new business models are already emerging.

Demand for energy solutions has invigorated the Smart Home market and resulted in cloud based innovations that make Smart Home services accessible for the average household.  Built on an IP based infrastructure, these Smart Home platforms present nearly unlimited services opportunities as well as the potential for disruption from new offerings that promise to deliver Smart Home solutions at even lower costs.

Other findings from the report include:

  • Cloud services for smart home applications will increase by a 103% compound annual growth rate between 2010 and 2015
  • Smart home sensor network systems based on IPv6 are a growing trend and, in addition to the migration to ZigBee Smart Energy 2.0, there are several service providers that currently offer IPv6 based Smart Home systems.
  • A survey with over 500 consumers found that 4 out of 5 are “interested” or “very interested” in applications such as security, safety, lighting and energy management.
  • 29% are willing to spend $10 or more per month for a Smart Home cloud service.
  • Today’s sensor network technologies support multi-year lifetimes for dozens of coin cell battery-powered devices distributed throughout a home that are also highly reliable and resistant to WiFi interference.
Based on surveys and phone interviews with 900 individuals, this report covers the global Smart Home market opportunities enabled by sensor networks including automation platforms, hardware devices, installation, cloud services, and chipsets.   The report includes global five-year forecasts, an in-depth technology section with software simulations to compare sensor network technologies, coverage of 60+ companies, and survey findings with consumers, utilities, home service providers, retail outlets, and professional installers.

Details of the new report, table of contents and ordering information can be found on (Electronics.ca Publications' web site). View the report: "Smart Home Sensor Networks. A Market Dynamics Report".