2012 Smart Home Revenue to Hit $500k

Research from Parks Associates estimates that 2012 U.S. revenues for IP-connected home service bundles, including control, automation, and security monitoring services, will be approximately $500 million. The research house expects more than 70% of all U.S. households to have broadband by the end of 2012, and that the U.S. market for residential energy management and home security technologies will exceed 60% of all households by 2022.
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