Berg Insight Expects 144 Million Smart Homes in Europe and North America by 2023
Berg Insight estimates that revenues from shipments of home automation systems in Europe and North America will grow at a compound annual growth rate of 19.8 percent from US$ 36.7 billion in 2018 to US$ 90.6 billion in 2023. According to this research report, the number of smart … [READ MORE]
Park Electrical Distributors and Vitrea Technologies Announce Exclusive Partnership
Partnership lights the way for building technologies division The building technologies division of Park Electrical Distributors, the North East’s leading independent electrical wholesaler, has announced an exclusive partnership with home automation specialist, Vitrea Technologies of Israel. Building technologies manager, Paul … [READ MORE]
Tanootas International Develops the Smartsho Online Shop for KNX Components
The SmartSho online shop was devised by Tanootas International (TICO) of Tehran, Iran, with the basic idea of creating a base for presenting and procuring the equipment and components used in smart home and building projects based on healthy competition. … [READ MORE]
Fairhair Alliance and Open Connectivity Foundation Unify to Advance IoT Building Automation Capabilities
Unification will expand upon the missions of both standards bodies under the Open Connectivity Foundation name The Open Connectivity Foundation (OCF), a leading Internet of Things (IoT) standards body, today announced the work of the Fairhair Alliance, an alliance aimed … [READ MORE]
Kaspersky Finds Nearly Four in Ten Smart Buildings Targeted by Malicious Attacks in First Half of 2019
According to new research from Kaspersky, almost four in ten (37.8%) computers used to control smart building automation systems were affected by malicious attacks in the first half of 2019. The findings indicate that while it is unclear if such … [READ MORE]
Stratistics MRC Expects the Smart Building Automation Systems Market to Reach US$154.36 Billion by 2026
According to Stratistics MRC, the Global Systems Market is accounted for $57.83 billion in 2017 and is expected to reach $154.36 billion by 2026 growing at a CAGR of 11.5% during the forecast period. Some of the key players in … [READ MORE]
Future Market Insights Expects the Building Automation System Market to Grow at a CAGR of 8% from 2019-2029
The global building automation system market grew 7% in 2018 to total ~ US$35 billion, registering an upward spiral from ~ US$33 billions in 2017, according to the new research study by Future Market Insights (FMI). Schneider Electric SE, ABB, … [READ MORE]
Sunpower Publishes KNX Technical Guide Offering Advice for Designers and Installers
Sunpower Electronics has published a KNX Technical Guide, providing comprehensive advice for both prospective and actual users of the popular international building automation standard. The document is available for free download from Sunpower’s website. The Guide offers insights at both … [READ MORE]
Futuresource Finds that Security and Monitoring is Driving Smart Home Market Growth
Uptake of smart home devices continues apace and is on track to ship 137 million units in 2019, worth $16 billion in trade value, according to a new market report from Futuresource Consulting. That represents a 37% volume increase on … [READ MORE]
KNX UK Publishes Code of Conduct: Industry Best Practice
The KNX UK Association has published a Code of Conduct that ensures customers will always benefit fully from the open, flexible and scalable foundations that are KNX’s core strength. End users, developers and consultants can be assured that members of … [READ MORE]