June 20, 2012 – A report from Juniper Research has valued the ‘Smart Home’ market at $60 billion by 2017, rising from $25 billion this year – driven by strong growth within the smart home entertainment segment, along with contributions from other segments including smart monitoring & control and smart health.
The report notes that there are many definitions that can be attributed to the smart home concept and these definitions have evolved over the years to include different facets of connected life such as entertainment, control, security and health.
With the role of broadband connectivity moving beyond its traditional use cases, new applications and enhanced services have emerged such as connected TVs, home automation systems and smart metres. These new and improved applications, connected via broadband (mobile or fixed) network systems, will increase the service revenue attributable to the area.
Read more: http://advanced-television.com/index.php/2012/06/20/smart-home-revenues-to-reach-60bn-by-2017/