Providing market intelligence for more than 35 years

Los Angeles Times

Make way for the iPad

Until recently, the price tag for home automation systems ranged from $30,000 to $50,000 and kept the industry stagnant, says Kurt Scherf, a market researcher at Dallas-based Parks Associates, which studies emerging technologies.

These days, a slew of companies such as Control4 are automating homes for $3,000 to $15,000. Best Buy has rolled out a $15,000 system called ConnectedLife.Home, which allows you to manage light switches, the thermostat and security cameras by remote control on a high-definition TV. Motorola's Homesight and AT&T's Remote Monitor allow you to view video, monitor door and window sensors or turn on lights from a Web-enabled phone.

No wonder the home automation business is expected to double in sales to nearly $6 billion in the next four years, according to Scherf.

From the article "Make way for the iPad," by Joe Robinson.

Previously In The News

Medical giant Medtronic to buy rival Covidien for $42.9 billion

Because both companies already are giants in the medical-devices market, the merger should allow for more robust research and development and more comprehensive health-monitoring capabilities, said...

Why not pull the plug on cable

Not subscribing to a cable, satellite or telco provider does have some downsides. It means saying goodbye to ESPN and other popular networks that air things as they happen, although some news servi...

Now showing in rich people's homes: first-run movies

"There are thousands of people out there, if not tens of thousands of people, that could buy this product," Pang said. "We found the secret sauce to make billionaires act like little giddy schoolch...

Snapchat brings in $538 million from investors

Snapchat's co-founder and chief executive, Evan Spiegel, who turns 25 on Thursday, said this week that the company plans an IPO, though he declined to offer a timeline. The new cash will help e...