The UK Home Automation Market Is So Hot Now!

In 2011, the UK home automation market was worth around £65 million at distributors selling prices (DSP), representing a 12% increase on the previous year (source BusinessWire). 

The market for home automation systems has been less impacted by the economic downturn and decline in UK house building and there continues to be a high demand for home automation solutions in high-end luxury homes. 

By 2016, it is estimated that the UK home automation market will be worth some £156 million at DSP (source: AMA Research). According to Berg Insight’s 2011 Home Automation report, the number of new smart home installations worldwide was 0.44 million in 2010. 

The report predicts market growth at a compound annual growth rate (CAGR) of 65 per cent, with installations expected to reach 5.38 million by 2015 and total revenues growing simultaneously at a CAGR of 32.8% from US$ 2.3 billion in 2010 to almost US$ 9.5 billion by 2015 due to a perfect confluence of market, regulatory, strategic and technology trends.

The growth of smart technology in the UK – not least sales of digital flat panel technologies, such as smart phones and smart TVs – combined with the rapid growth of digital audio and video streaming is driving the demand for whole house automation, where users control and manage household services such as heating, lighting, blinds, security, audio visual and data throughout the house by a single button; either in situ or remotely.

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