Advertisment

Cloud-based home-management market set for rapid growth

author-image
Sharath Kumar
New Update

UK: Cloud-based home management systems that allow users to remotely control household features like lighting and air conditioning are set for rapid growth in the coming years, with the installed base set to rise by a factor of eight from 2013 to 2018.

Advertisment

The global installed base of cloud-based home management services is projected to grow to 44.6 million at the end of 2018, up from 5.6 million at the end of 2013, according to IHS Technology. The installed base this year will surge 63 percent to 9.1 million.

"Imagine using your smartphone or tablet to detect an intruder in your home or to adjust the temperature in your living room-no matter where you are," said Lisa Arrowsmith, associate director, connectivity, smart homes and smart cities, for IHS. "Cloud-based home management makes all this possible, and much more. With a wide range of companies offering such solutions, the cloud-based home management system business will expand dramatically in the coming years."

Cloud-based home management systems and services are designed for mass-market adoption. Other applications for these systems and services include home monitoring, energy management, lighting control and independent-living services.

Examples of use cases for cloud home management include:

* Receiving a notification on your smartphone or tablet when your children return home from school.

* Remotely adjusting the temperature of your home while at work via your smartphone, tablet or computer.

* Receiving alerts if an elderly relative deviates from their normal routine.

smac semicon