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The availability of low-cost connected devices and the deployment of smart meters will enable a new set of home energy management products and services.
Table of Contents
Trends in the Market
Smart Home Systems Encompass Convenience, Security and Energy Management Functions
- Smart Home Systems Encompass Convenience, Security and Energy Management Functions
Market: Smart HEM Is an Important Market in the Early Stages of Development
Convenience Factors Drive First Phase of Adoption
Economic Considerations Drive High-Volume Adoption
- Economic Benefit to Consumers
- Economic Benefit to Utilities
- Convenience Factors Drive First Phase of Adoption
Contrarian View: Delays in Smart Grid Development or Reductions in Incentives Will Slow Adoption
Vendors to Watch