The market for fee-based remote access service to home automation and security systems in North America has significant growth potential.
The market for fee-based remote access service to home automation and security systems in North America is modest, but has significant growth potential, reports In-Stat. The number of households paying a remote access fee to control or monitor their automation or security system in North America will grow an average of 25% annually from 2007 through 2011, the high-tech market research firm says.
¡°Thus far, the tech-savvy and early adopter households are the ones with automation systems connected to a home network, and they are experiencing the first generation of new products,¡± says Joyce Putscher, In-Stat analyst. ¡°Early adopters can be more demanding of product capabilities, and first-generation products often have some bugs to work out.¡±
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