Wednesday, September 06, 2017

Home Automation Market Report - UK 2017-2021 Analysis - 5 Key Facts

  • The Home Automation market is currently considered to be in the initial growth stage, with market value forecast to increase by 55% between 2017 and 2021. 
  • Smart heating controls and linked devices account for 36% of the market. This has increased significantly in recent years. 
  • The forecast growth of “the Internet of Things” –IoT- (‘smart’ household gadgets) is likely to result in increased connectivity within home networks.  
  • The evolution of voice control devices is likely to drive more interest in home automation. 
  • The market is highly fragmented with 10 suppliers accounting for around 50% of the market.

These facts have been extracted from AMA Research's report Home Automation Market Report - UK 2017-2021 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724. 

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