Smart HomesView Publication
The incremental business has been estimated by one New York investment bank as $250 billion over seven years, of which two-thirds would go to the consumer electronics industry. A quarter of a trillion dollars—that gets people's attention.
It can be dangerous, however, to get what you hope for. I believe that, in the long run, the traditional consumer electronics industry will be significantly weakened by home networking, unless it can drastically change its business model.
Source: Global Agenda Magazine
Noam, Eli. "Smart Homes." Global Agenda Magazine 4, no. 1 (January 2006): 194-5.
Date: 1 2006