From Triple Pundit:
There will be some 14 million U.S. households equipped with wireless sensor networks come 2012. With the cumulative total worldwide WSN node market estimated to number 6 billion, the residential sector is an essential target for industry participants, according to recently released ON World research.
Energy management, along with lighting, security, entertainment control and home health are among the largest and fastest growing segments of the wireless sensor, “smart home” market, which ON World expects to expand nearly six-fold worldwide, from $470 million in 2007 to $2.8 billion in 2012.
Increasing energy costs, emerging standards and technological innovations are driving development, according to ON World researchers, who looked into more than 100 home installers, vendors and suppliers in conducting their research, published in the “WSN for Smart Homes” report.
(To read the rest, head on over to Triple Pundit)