Smart homes go mainstream

Smart homes go mainstream

According to ABI Research published Monday, this growth will swell the market to 8 million installations by 2017 and is being driven by a number of new products and companies emerging from the US.

"Home automation adoption is moving into the mainstream as a combination of home connectivity, standardization, and a range of new sensors and devices bring an ever expanding number of players into the market," says Jonathan Collins, principal analyst, ABI Research. "Meanwhile existing players are adapting their offerings and a host of technologies and connectivity options are battling to become de facto standards."

Despite the stagnant performance of the US economy in 2012, the number of home automation system installations doubled year on year and could lead to a compound annual growth rate of 45 percent between now and 2017.

Although total automation systems are still the preserve of the rich, the rise of the smartphone, tablets and software apps are making smart home products a reality for many others. Smartphone-controlled thermostats, front door locks and lighting systems have all rolled out over the past 12 months thanks to the ongoing revolution in consumer mobile technology.