Home Automation Market to Grow to Us$21.67 Billion by 2020, Aided by Growing Presence of Smartphones

Transparency Market
Home Automation Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 - 2020

Published Date

123 Page Report

Buy Now

Request Sample

Press Release

Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States

Home Automation Market


Home Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020
With technological advancements in several developing countries across the globe, home automation
solutions are evolving continuously. Modern day home automation solutions utilize high end digital
technology for providing better performance and efficiency. Home automation systems refer to all such
systems, whether used as a single application or as integrated solutions that are used to automate
processes. They are electricity powered and are manually controlled (such as turning on the AC, dimming
lights, managing entrance gate and cameras, operating smart appliances in a house, and so on.
Browse Home Automation Market Report with Full TOC at
The home automation market is primarily driven by growing need for effective solutions in various
domestic applications such as lighting, safety and security, energy management, entertainment (audio and
video) and HVAC (heating, ventilation, and air conditioning). High degree of internet connectivity and
penetration in developed countries such as the U.S., the U.K., France, and Germany is also contributing to
the growth of home automation market globally. Safety and security was the highest revenue generating
application segment in 2013.
Factors such as rising awareness towards energy conservation and ability to manage energy consumption
through automation technologies primarily influence market growth. Smartphone based home...