ABI Predicts Boom in Home Automation

In North America, which represents the lion’s share of the global market for managed home automation, more than one million systems are expected to be installed in 2012. That figure — which represents a tripling of the 2008 market — is forecast to nearly double again in 2014.

One significant element of managed home automation packages is security. Indeed, telcos and cable broadband service providers are entering the market for managed home monitoring and automation services.

“Managed home security usually represents good value for the consumer,” said ABI Research practice director Sam Lucero. “It’s something of a ‘plain vanilla’ offering, but it is packaged by the service provider in a way that is relatively easy to deliver.” Read more