Trends in the Home Automation Market
The global home automation market is generally segmented into three categories: On-demand providers, Affluent users and Enterprise users. By application of this segment is further segmented into the following by geography, technology and social networking. In this article we focus on one of the most interesting segments, which is unmanaged home automation. The primary reason for this interest is the increasing complexity of modern software used for automation and the need to control a home network that is growing increasingly complex every year.
The results presented in this report are broken down by geography to identify two subsectors, which are most interesting; The home automation market size is segmented geographically on the basis of applications, networking technologies and geographical region. This is good information but often people think about this from the application point of view only. The networking technologies used here include things like WiFi, Ethernet, VoIP, cable and even WAN. The other subsectors that are equally interesting are the ones broken out by geographic region.
Most people are aware that many home automation devices are controlled with a telephone or web interface. However, the technological advances in these devices have also created new applications. For example, an application that was once reserved for industrial control station equipment now has application possibilities in consumer electronics like televisions and refrigerators. Another application is in home security with devices like closed circuit TV cameras and home monitoring systems.
There are some significant gaps in the home automation technology landscape. One of the most interesting and the most important of these is the gap in the security industry developments between what is available in the consumer market and what is available in the industrial market. We will focus on this in more detail in later chapters. The next thing to note is that there are some industry developments that are very important but which are not yet applicable to the average consumer.
It is interesting to note that the advances made in some of the home automation applications like thermostat controls, security and smart lighting are not applicable at all to the typical consumer products. Smart Lighting for example is completely manufactured for the HVAC industry and is not something that can be found in the average home. In order to use the same controls over the HVAC industry as one would use for the home automation systems, we would have to find a different industry. The situation is further complicated by the fact that the typical home automation system cannot be used with most of the HVAC controls and vice versa. This again is very dependent on the type of controls involved.
Another interesting example is that the internet is starting to impact the HVAC industry because many people who have access to a smartphone can now use it to control many of the devices that are involved with the home automation. This again is another example of the growing adoption of these devices. In developing countries this penetration can lead to a rise in revenue as well as profits because of the lower operating costs. As these devices become more common the benefits will be even more profound for the developing countries and their citizens.