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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

Netflix Beware, Hulu Is the Dark Horse That Will Take Over 2016

Google's Nest Struggles Could Set Back The IoT Movement

AT&T-Time Warner Deal: A Good Merger In The New Media Era Or A Bad Remake?

AT&T-Time Warner Deal Could Spur More Mergers, Scrutiny

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