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Zion Research

Connected products driving smart home growth

Wednesday, January 25, 2017

The vision of the truly intelligent home where your security system and all of its connected smart home devices, from Siri to your stove, can be controlled by your smart phone, is starting to become a reality.

Home automation market to grow at 25 percent CAGR


SARASOTA, Fla.—Global market research firm Zion Research published a new report that estimates that the global home automation market, which was valued at around $5 billion in 2014, is expected to reach $21 billion in 2020, growing at a CAGR of around 25 percent between 2015 and 2020.