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Global home automation market poised to expand dramatically

March 26, 2014Leif Kothe

WELLINGBOROUGH, England—The global home automation market is trending toward significant growth in the coming years, with the $9 billion market projected to reach $14 billion by 2018, according to a report from ABI Research, a technology market intelligence firm with locations around the world.The North American market, fertile already, will remain robust during the forecast period, rising from $5 billion to $7 billion. North America currently holds 64 percent of the market, but its share is...

ABI Research, Adarsh Krishnan, cablecos, home automation, Physical Security, telecoms