The business of home automation

Today I will share you some information about home automation.

If we think about the homes that have a broadband connection today as the total addressable market for home automation, the home automation market size turns out to be around $8.8 billion at $100 spent per home or $880 billion at $10,000 for example in the U.S. If we are a little more conservative and say that only those broadband subscribers who use smartphones are targets, the range turns out to be about $5.63 – $563 billion. In order to capture this opportunity a number of business models have come into play. While these are not new business models, it is interesting to see how this opportunity is being captured.

The Free approach: Here home builders are embracing the the art of negative margin by giving away connected devices for free as part of home sales. In doing so home builders appear progressive and invested in home innovation with the goal of attracting more buyers.

DIY: Before IoT became more mainstream, the rich and the famous built fascinating homes using custom service providers that build connectivity into the home. This business model will continue to exist but will account for a smaller percentage of the home automation market over time as IoT devices mature, become cheaper, easier to install and use.

The promise of double digit sales growth is attracting a number of players, big and small, to the home automation market.

There is a company Wulian,supply the whole set of home automation,which with simple installation.If  you want to konw more information，please search：http://www.wulian.cc/english/ ，or email me，xixy@wulian.cc.