In
2011, the UK
The
market for home automation systems has been less impacted by the economic
downturn and decline in UK
By
2016, it is estimated that the UK
The
report predicts market growth at a compound annual growth rate (CAGR) of 65 per
cent, with installations expected to reach 5.38 million by 2015 and total
revenues growing simultaneously at a CAGR of 32.8% from US$ 2.3 billion in 2010
to almost US$ 9.5 billion by 2015 due to a perfect confluence of market,
regulatory, strategic and technology trends.
The
growth of smart technology in the UK – not least sales of digital flat panel
technologies, such as smart phones and smart TVs – combined with the rapid
growth of digital audio and video streaming is driving the demand for whole
house automation, where users control and manage household services such as
heating, lighting, blinds, security, audio visual and data throughout the house
by a single button; either in situ or remotely.
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