In-Stat Sees a Hockey Stick

A.k.a. the "Knee in the Curve": home networking market to reach $9.2 billion by 2006

October 1, 2001

1 Min Read

SCOTTSDALE, Ariz. -- The connected home market, consisting of home networking equipment and software, residential gateways and home control and automation products, will grow from $1.4 billion in 2001 to $9.2 billion worldwide by 2006, according to Cahners In- Stat Group (http://www.instat.com). The high-tech market research firm finds that the connected home market has been spurred over the past year by a surge in popularity of wireless networking technology and basic home routers to enable broadband sharing. "We've finally seen the hockey stick," states Michael Wolf, a Director with In-Stat. "After years of asking questions and learning about connectivity, the consumer has begun to see the value of networking a home, despite a tough economic environment. Home networking has proven to be one of the few bright spots in today's otherwise challenging technology market." Cahners In-Stat Group

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like