09. July 2017 · Comments Off on Evolving Industry Trends : ZigBee Home Automation Market Tremendously Expand at a CAGR of 26% by 2020 · Categories: News · Tags: , , , ,

ZigBee-enabled devices in home automation is gaining a lot of traction with high growth rates in application segments like smart lighting, media, and security. Vendors like Midea Group, a manufacturer of electrical appliances, have joined ZigBee Alliance, in view of the potential of the market. Low power sensors consume less power and allow device to get connected, which have substantial growth opportunities in smart home automation. Protocols like ZigBee and Thread are the most prominent in the market. The market for smart home automation is growing at a slow rate. As a result, vendors like GreenPeak are trying to increase awareness about the market and developing solutions, which facilitate both protocols. The company’s GP712, a small footprint 24 pin quad flat no-lead (QFN) package (radio chip), facilitates both ZigBee and Thread technologies to support the increasing demand for smart home automation in devices like STBs and gateways.

Source: Evolving Industry Trends : ZigBee Home Automation Market Tremendously Expand at a CAGR of 26% by 2020 – openPR

28. June 2017 · Comments Off on Home Automation Products to Add $1.8 Billion in Incremental Sales · Categories: News · Tags: , , , ,

Home automation products are set to add $1.8 billion in new consumer electronics sales through 2018 reports Allison Halliday of Realty Biz News. The forecast comes from The Future of Tech report from global information company, The NPD Group, which predicts a 74% growth in this category from 2016 to 2018 which will be driven by sales of monitoring and security projects as well as growth in power and sensors.

Source: Home Automation Products to Add $1.8 Billion in Incremental Sales – RealtyBizNews: Real Estate News | Builder Magazine

12. September 2016 · Comments Off on Telular Surpasses One Million IoT Subscribers in the Commercial Telematics and Security Markets · Categories: News · Tags: , , , ,

Telular Corporation, a technology leader and provider of IoT (Internet of Things) solutions, today announced that it has surpassed one million IoT subscribers in the commercial telematics and security markets. To drive continued growth, the company has strengthened its position in the commercial telematics space by realigning its recent acquisitions under the SkyBitz business unit.

Source: Telular Surpasses One Million IoT Subscribers in the Commercial Telematics and Security Markets

22. August 2016 · Comments Off on IHS: Smart home growth hindered by lack of awareness, fragmentation · Categories: News · Tags: , , , ,

While the advent of smart home solutions has created new revenue streams for residential security companies and subsequently increased the value that an alarm system provides to consumers, the technology still faces several challenges that could hinder its growth moving forward.   In fact, according to Tim Hewitt, analyst for security and building technologies at IHS Markit, while the initial uptake of smart home systems by early adopters was in line with expectations, existing market barriers have become more significant as companies have tried to expand their offerings to the broader market. As a result, Hewitt said the market research firm has revised its forecasts to account for the lack of broader consumer interest in connected home products.

Source: IHS: Smart home growth hindered by lack of awareness, fragmentation

20. August 2016 · Comments Off on Smart revolution hits the home front  · Categories: News · Tags: , , , ,

First smartphones took on desktop phones, and won.Now it’s the turn of smart washing machines and televisions to challenge traditional home appliances, with analysts predicting their future growth in China could be huge.Fridges syncing up to your smartphone might sound like something from a sci-fi movie but they could soon be a fixture of Chinese households, if companies can make smart technology more useful, according to UBS research.

Source: Smart revolution hits the home front | South China Morning Post