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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