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$6 Billion Wireless Sensor Network Smart Home Market in 2012 | Print |
Written by Akiba   
Thursday, 09 July 2009

The need for healthcare and energy solutions is increasing demand for Wireless Sensor Networking and Smart Home services, despite tight budgets and selective consumer spending, according to independent research firm ON World.

San Diego, CA (PRWEB) July 8, 2009 -- Multi-billion dollar smart grid and home health initiatives are driving the Smart Home market despite a challenging economy, according to ON World. The energy crisis and out-of-control healthcare spending have governments and the private sector scrambling to develop smart technologies such as Wireless Sensor Networking (WSN) that pay for themselves in months, not years. In 2012, ON World predicts that global WSN products and services for the Smart Home will be worth $6 billion.

"Two years ago home owners were installing wood floors and pools but today they are installing in-home energy management and health systems," says Mareca Hatler, ON World research director. "This trend is being driven by government initiatives and consumers that are demanding cost saving solutions for two of their largest expenses: energy and healthcare," she says.

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