The market for home-entertainment networks will experience tremendous growth in the next five years, exploding from $150 million in consumer sales in 2000 to $3.4 billion in 2004, according to a recent forecast from Parks Associates.
"The home entertainment networking market will drive far beyond PC-to-PC connectivity," said Kurt Scherf, home networks analyst for Parks Associates. "The rapid increase in bandwidth capabilities among wired and wireless networking technologies ove ...read more
The list of notables focusing on the residential market goes on and on, including IBM, Microsoft, Residential Cabling System, Lutron, Panja, Sony, FutureSmart Networks, and of course, TEA/EIA with the 570A and 600 (CEBus) suite of standards. Associations such as CABA and CEDIA are at the leading edge of this monumental ground swell, as is Parks Associates, a Dallas-based firm that has long recognized the potential of the home market. A two-day event "CONNECTIONS 2000 - Advancin ...read more
CONNECTIONS™ 2000, a conference and showcase for home networks and gateways, will be held May 3-5 in San Diego. Its co-hosts CABA and Parks Associates, will offer pre-conference workshops and a two-day event with speakers and a showcase of products. CONNECTIONS™ 2000 explores the business, marketing and technical issues facing residential gateways, home networks and key ensuing applications.
New home construction was robust throughout 1999 and subsequently provided a boost to the home systems industry. Structured cabling and more advanced home systems have been going into many of these new homes. For example, structured wiring manufacturers IBM and FutureSmart Networks reports that roughly five percent of homeowners who opt for a structured wiring for their home also opt for a full-blown whole-house control system. IBM and FutureSmart Networks do not have numbers ...read more
The industry boom is expected to continue at an increasingly frenzied pace as homebuyers become more educated on the importance of structured cabling and as they begin demanding it in the homes they buy.
Parks Associates, a Dallas-based market research and consulting firm that specializes in emerging technologies and services for the home, predicts that within three years, advanced home cabling systems will be installed in as many as 500,000 new homes annually. This is a 1,0 ...read more