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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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About Parks Associates

2.5m European households to have smart home controller

Previously In The News

Smart Home Devices Slow To Catch On In U.S. Broadband Households

Cincinnati Bell Scales Local Call Center To 300 agents To Address Growing Fioptics Base

Report: Over 12M U.S. homes eliminated their fixed broadband

AI and machine learning could goose home security and monitoring sector—report

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