Home Automation is the Next Big Thing According to Parks Associates

Posted Fri Jul 2, 2010 at 09:00 AM PDT by Dick Ward

The research firm says market penetration could be as high as 20 percent by 2014.

Most folks don't have a remote control to manage their curtains or a tablet that lets them turn on their music while dimming the lights. That sort of luxury has historically been within the realm of the super rich. According to Parks Associates, it's going to be taking off in a big way over the next few years.

Home controls are incredibly cool, and they're actually not as expensive as one might expect. Parks says that one of the biggest issues is consumer awareness, but thanks to an upcoming push from companies like Best Buy, Radio Shack and Schlage, that issue will be a thing of the past.

The main focus, of course, will be entertainment controls like music and movie servers and the devices to manage them. These can be expanded to do lighting, windows and security, which should inspire more folks to jump on the bandwagon.

As Parks director Bill Ablondi puts it, "Consumers see the value in these areas, which, once established, can serve as the base for expanded control systems in the home."

Source: Home Toys

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Tags: Industry Trends, Home Automation (all tags)