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Saturday, February
24, 2001
Home Networking Market to Reach $13 Billion
by 2005
In a report released last week, Aberdeen Group,
a leading market analysis and positioning services firm,
states that
the home networking market will reach $13 billion by 2005.
This research is a result of Aberdeen’s new Home Networking
practice, which covers emerging and established companies
in home networking and analyzes marketing, technology,
and business trends.
“There is a growing consumer demand for technologies
that provide new functionality, convenience, and potential
cost savings,” says report author Ethan L. Cohen. “However,
in order to succeed in today’s increasingly competitive
home networking marketplace, suppliers must provide inexpensive
solutions on standardized products that are interoperable.”
Home networking technology is the ultimate extension of
the Internet. The endgame for home networking technology
is to enable continuous always-on content access and connectivity
on any device in any format and to provide homeowners with
control of every electronic device and appliance in the home
environment.
The report, entitled “The Network Comes Home: Connectivity,
Access, and Control,” defines the business and marketing
factors driving the home networking market; forecasts market
size; and profiles 21 key suppliers.
News Tidbits (appears
every day on the front page)
- no new tidbits today.
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