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Wireless

Smart home automation to generate AUD 160 mln in revenues

Wednesday 2 April 2014 | 00:07 CET | News
The Australian smart home automation market is forecast to generate AUD 160 million in device revenues this year and this is expected to grow to AUD 917 million by 2017, according technology analyst firm Telsyte. The study reveals that energy management, lower cost devices, and unobtrusive wireless DIY installations are key drivers for the adoption of smart home automation systems. Telsyte believes the Australian smart home automation market will evolve through a number of stages over the next decade. Within two years, there will be a significant opportunity to unify the large installed base

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Categories: Mobile & Wireless
Countries: Australia
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