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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

68 Percent Smartphone Owners In The US Stream Music Daily: Study

Arrayent Connects Developers To IoT Ecosystems With The EcoAdaptor For Nest

How Businesses Can Use VR to Win the Race to Consumers’ Hearts (and Homes)

SVODs Are Hot, But Subscribers Are Still Fickle: Survey

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