Register

I agree with the Privacy Policy

Twice

Studies Point To Return Of Residential-Install Growth

March 10, 2010

Twice Three-fourths of surveyed systems integrators expect their residential-install revenues to grow this year, up from only a third who said their businesses grew in 2009, according to a fourth-quarter survey by Parks Associates and the Custom Electronic Design & Installation Association.

In a separate study, Parks forecasts integrators' residential-install revenues will rise 6.6 percent in 2010 to $8.9 billion, reversing two consecutive years of declines. In 2009, revenues fell 4.6 percent, preceded by a 6.5 percent drop in 2008. The two-year drop followed 2007's single-digit percentage gain of 8.8, which followed years of double-digit gains. The industrywide estimates reflect installer-level revenues, including hardware sales and labor charges.

In releasing details of the installer survey, Parks said 54 percent of surveyed integrators reported 2009 revenue declines, with reported declines averaging 4.1 percent. Another 13 percent said their revenues remained the same in 2009, and 33 percent reported revenues increased in 2009.

From the article, "Studies Point To Return Of Residential-Install Growth" by Joseph Palenchar

Previously In The News

The Connected Consumer: Top Trends In IoT

2015 will be a year of intense experimentation in new value propositions for advanced technologies and services. Multiple sectors within the connected home are facing new competition and an increas...

Start-Ups Place Bets On The Smart Home

The newcomers enter a market whose U.S. unit sales will grow in 2015 by 20 percent to 24.9 million units and grow at 20 percent rates in 2016 and 2017, a Parks Associates/Consumer Electronics Assoc...

IoT's Missing Link

What’s needed is a continuous service wrapper – support services that help the buyer with the purchase, and once that buyer becomes a customer, helping her or him do more than install the new “thin...

Samsung TVs Get T-Commerce App

In a second-phase launch planned for this year, Samsung Smart TV viewers will be able to opt-in to shop directly from television programming and advertising while simultaneously viewing, according...

1
2
3
4
5
6
7
8
9
›