Sunday, September 2, 2007

Custom Installers' Business to Bring in $20 Billion by 2012

Custom Installers' Business to Bring in $20 Billion by 2012

U.S. revenues generated through the custom integration and installation industry are projected to grow between eight and nine percent between 2007 and 2008, with total industry revenues hitting growing to surpass $11 billion in 2008, as technology advancements permit more retrofit projects and sales by existing dealers grow.

It is highly likely that new owners of homes will upgrade their entertainment, security, and other home systems. On average, 1.5 to 2 million new homes are built annually in the U.S., with six to seven million existing homes changing ownership each year.

Many new owners of pre-existing homes acquire their new residence with the intent to renovate or retrofit it. The power line retrofit method uses the existing power wiring in one's home for new networking.

Increasingly, home technology systems are being networked with Wireless LAN (WiFi) - a WiFi-enabled device can be wirelessly connected to the home's main network by way of a receiver that just plugs right into the nearest mains socket.

Full report from here @ Associated Content

No comments:

Post a Comment