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2.5m European households to have smart home controller

September 28, 2015

In Europe, a US based IoT market research and consulting firm Parks Associates has forecast that 2.5 million western European households will have a smart home controller by 2019.

Stuart Stikes, president at Parks Associates attributes the forecast to the growth in smart homes.

He says: “Smart home systems will need the flexibility to deliver multiple value propositions within the household. Interoperability is necessary to achieve recurring revenue models as it enables devices to deliver a broad array of value-added services and features."

From the article "2.5m European households to have smart home controller" by Amy Ryan.

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2.5m European households to have smart home controller

Previously In The News

Survey Says: The Future of Smart Homes and Appliances Has Arrived

Content providers will take control of their OTT future

Samsung’s Peacock Standoff with NBCUniversal Shows Power of TV Makers

Is The Increasingly Crowded Streaming Marketplace Going to Turn Consumers Back to Piracy?

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