Imagine a home where your lights, entertainment system, locks and even your coffee could be controlled from a central unit. It doesn’t seem that farfetched now, but for years this technology has only been available to the small minority who could afford it.
This could all be about to change with 38 million households worldwide expected to have a ‘Smart Home system’ by 2015.
A recent report by U.S. technology research firm ON World suggests Smart Home products and services will see dramatic growth over the next few years. An expanding IP infrastructure – including smart mobile devices, cloud apps/services and sensor network technologies – will provide users with reduced roll-out costs and enhanced home experiences.
“There are almost as many ways to deliver Smart Home services as there are Smart Home system variations,” says Mareca Hatler, ON World’s Director of Research. “Broadband and security service providers are the first to offer mass market solutions and we are seeing disruptive offerings in the cable TV, mobile, and retail channels.”
It is believed that homes will have a single server and a variety of multi-purpose thin devices (led by smartphones and tables) that will be used by household members to access local and web-based applications and content.
No longer will home owners have to clamber out of bed to check they’ve turned off the lights or turn around up the road to check they locked the front door. All of this will be controlled centrally from their iPad.
A few of ON World’s findings include:
- In 2015, 38 million households worldwide will have a Smart Home system.
- Energy management equipment will increase by a 56% compound annual growth rate (CAGR) over the next five years.
- Smart Home cloud service revenues – including home monitoring, energy services, and apps— will reach $5.8 billion worldwide in 2015.
- Companies such as ZigBee and Z-Wave will have more than half of the sensor network market in 2015 but emerging technologies such as WiFi and 6LoWPAN will grow even faster.
More information on this report can be found here: http://www.onworld.com/smarthomes