Category: Latest Trend

The home automation market size is around $8.8 billion.

In terms of homes that have a broadband connection as a market for home automation, the market size turns out to be around $8.8 billion at $100 spent per home or $880 billion at $10,000 for the U.S. If we are a little more conservative and say that only those broadband subscribers who use smartphones are targets, the range turns out to be about $5.63 – $563 billion. In order to capture this opportunity a number of business models have come into play. While these are not new business models, it is interesting to see how this opportunity is being captured.

Continue reading… “The home automation business is enabling the Internet of Things”