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Home automation is continuing to move into the mainstream as companies such as ADT, Comcast, Verizon, Lowe's, and others are offering home automation customer services, according to ABI Research.
The proliferation of home broadband and the access offered by smartphone applications are helping make home automation systems more useful as it becomes more affordable.
"The North American market has long been the dominant region for home automation systems and now it is leading the way with managed home automation subscription services," said Jonathan Collins, ABI principal analyst, wireless healthcare and M2M. "In the past two years, service providers, including telecoms, cable, security, and energy, have all launched additional home automation services for managing energy use or security monitoring to their suites of monthly billed services."
The research firm expects the managed home automation market will grow at a CAGR of 60% from 2012 through 2017. This is higher than the 31% growth expected across the total market comprising luxury, mainstream, and DIY home automation deployments.
The firm said the mainstreaming of home automation requires new partnerships, with telecom, cable, security, and utility providers all looking to smart devices vendors, managed software providers, local installation specialists, and others to support home automation rollout.
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