HOME ENERGY MGMT TECHNOLOGY TO BOOM GLOBALLY
Home Energy Management; In-Home Displays, Networked HEM Systems, Standalone HEM Systems, Web Portals, and Paper Bill HEM Reports: Global Market Analysis and Forecasts
4Q 2013 (Navigant Research)
"The home energy management (HEM) market continues to attract attention, especially with the increasing presence of newer stakeholders like broadband service providers (e.g., Verizon, AT&T, and Comcast) and security companies (e.g., ADT and Vivint). However, the products and services that constitute the HEM market continue to struggle for more traction [despite the increasingly smart grid]…Over the coming decade, a continued desire among consumers to reduce bills, regulatory mandates for greater efficiency, wider use of variable pricing schemes, and a strong green sentiment will combine to help drive adoption forward…Navigant Research forecasts that global revenue from various segments of the HEM market will grow from $300.7 million in 2012 to $1.8 billion in 2022…” click here for more
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