Transparency Market Research Expects Smart Home as a Service Market to Reach US$10.9 Billion by 2025
Rise in energy management systems drives growth The global smart home as a service market consists of a few global and local players. The market is considerably fragmented, says Transparency Market Research (TMR) in a report. The global smart home as a service market share is evenly categorized among a few major companies. There are […]
Verified Market Intelligence Expects the Global Smart Home Market to be Worth US$176.59 Billion by 2025
According to Verified Market Intelligence, The Global Smart Home Market was valued at USD 64.33 billion in 2017 and is projected to reach USD 176.59 billion by 2025, growing at a CAGR of 13.5% from 2018 to 2025. What is Smart Home? Smart home also known as home automation, involves usage of internet-connected devices in […]
CEDIA and KNX: What are the Synergies?
By Matt Nimmons, CEDIA. As CEDIA celebrates its thirtieth birthday this year, it’s clear that the home technology integration business has changed significantly. CEDIA grew out of the home entertainment industry, driven by the consumer demand for professionally-installed and integrated cinema, TV and high-quality music systems that could be enjoyed throughout the home. CEDIA was […]
Business Opportunities: Transitioning between Residential and Commercial Projects
By Mark Warburton, Ivory Egg. When it comes to the built environment, it’s a big old world out there. Every town or city has myriad different buildings designed for countless different uses. Some buildings are even completely repurposed to fulfil a current market need – office buildings being converted to flats is a great example […]
Trade Talk: At last – a Code of Conduct
By Simon Buddle, Future Ready Homes. Nearly every day at work feels like I’m wading through a swamp of treacle; adjust this drawing, update the revision number and drawing issue sheet, update the quote, dial in and change the lighting scene levels. Then there’s the constant barrage of questions from site. What size is the […]
Berg Insight Expects the Installed Base of Connected Building Automation Devices to reach 483 Million Units in 2022
According to a new research report from IoT analyst firm Berg Insight, the installed base of sensors, actuators, modules, gateways and other connected devices deployed as part of IoT-based building automation in smart and connected commercial buildings was an estimated 151 million units worldwide at the end of 2018. Growing at a compound annual growth […]
MarketsandMarkets Forecasts the Building Automation System Market to be Worth US$121.5 Billion by 2024
According to the new market research report “Building Automation System Market by Communication Technology, Offering (Facilities Management Systems, Security & Access Control Systems, Fire Protection Systems, and Building Energy Management Software), Application, Region – Global Forecast to 2024”, published by MarketsandMarkets™, the BAS market is expected to grow from USD 75.0 billion in 2019 to […]
PEAKnx and Bird Home Automation Collaborate to make Front Door Control Smarter
Partnership Between Home Automation Experts PEAKnx, manufacturer of solutions for home and building automation from Darmstadt, Germany, has partnered with Bird Home Automation, the Berlin-based IP video door intercom manufacturer that develops innovative door communication technologies under the brand name “DoorBird”. This partnership brings numerous advantages for KNX users: The DoorBird door station can be […]
Futuresource Consulting Finds Smart Appliances on Track for 36% Global Growth to 2023
Smart appliances are on the rise and are forecast to grow at 36% CAGR out to 2023, according to a new report from Futuresource Consulting, which identifies smart appliances as the fastest growing category segment in laundry and refrigeration. “Smart appliances are the rising stars, taking a larger share of the laundry and refrigeration market […]
Country Profile: KNX in Spain
By Michael Sartor, KNX Spain During the deep financial crisis in 2013, the residential sector in Spain dropped by around 60 – 70%. The commercial sector also decreased a little, but by far not as dramatically as the residential sector. Now, the residential sector is growing again, and buyers are looking for value for money, […]