Explosive Growth Coming for Asian Home Automation Services: Half a Billion Dollars in 2011
(Business News, 05 Oct 2007 )
Fueled by the growth of high-speed broadband connections, home networking, and 3G in Asia/Pacific, home automation applications that tie into a PC-based home network are expected to grow quickly in 2008 and 2009, reports In-Stat The total Asia/Pacific home automation market is expected to soar to over half a billion US dollars in 2011, the high-tech market research firm says. Asia/Pacific home automation markets are developing unevenly. Japan and South Korea are expected to continue to take the leading position in the region, and Australia and New Zealand present high development potential.
Recent research by In-Stat found the following:
* In-Stat's Residential Technology Survey shows that South Korea has the highest penetration rate of home automation systems and service in the region. * Only 2.2 percent of Japanese respondents to the In-Stat survey had home automation systems. * Home automation services are not only of interest to broadband service providers on the hope of increasing average revenue per user, but also to mobile operators that can link home automation to 3G services.
The research, "Home Automation Trends in Asia" covers the market for home automation in the Asia/Pacific region. It provides forecasts for home automation subscribers and subscription revenue by major country through 2011. It also contains analysis of the developing home networking market by country, including market drivers and barriers.
