Smart Home Networks Propel Equipment Sales to $1.7 billion

March 26, 2001 Sales of smart home controllers and nodes serving the U.S. residential market will reach $1.7 billion, compared to $180 million in 2000.

In-Stat (www.instat.com) finds that in 2005, sales of smart home controllers and nodes serving the U.S. residential market will reach $1.7 billion, compared to $180 million in 2000. Non-traditional home automation system vendors are beginning to embed intelligence in appliances, and are creating new divisions focused on Internet connectivity. Energy service provider partnerships are growing, using smart home devices to provide remote energy management services while the utility saves money and avoids brown-outs. An increasing number of residential gateways will begin to support smart home networking, integrating the smart LAN with the WAN and other devices linked in the home network.

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