CEDIA releases Australian smart home industry study
CEDIA has released what it describes as a 'first-of-its-kind study' of the Australian smart home industry. Full of market insights that highlight challenges and opportunities for integrators and contractors, the report addresses details that CEDIA says were previously unknown including size, scope and current participation in the local residential technology integration industry.
The CEDIA Market Research Australia 2020/2021 report identifies a lack of qualified technicians as the biggest hurdle in the local market. The shift to a work-from-home model was identified as the greatest market opportunity, as home owners look to streamline their environment and automate their surroundings. Audio was identified as the biggest growth category throughout 2020.
The report was compiled with input from 230 integrators and 25 equipment suppliers and features additional market indicators including:
- the number of full-time integrators working in the Australian residential integration market
- geographic locations of integrators
- level of industry education
- scope of influence that electrical contractors and registered cablers have on the Australian smart home sector
- a list of top industry influencers.
“Having access to this insight at a time when the global economy is facing post-COVID recovery, causing businesses to rethink their strategy, will be insightful for integrators and distributors locally, and the global manufacturers who are active in the market,” said CEDIA Vice President Engagement and Global Development Wendy Griffiths.
“CEDIA will be better positioned to support our members and develop regionally specific benefits and programs. Thank you to those who supported this research, enabling us to categorically say that the results are an accurate reflection of the market.”
The report is free for CEDIA members and AU$999 for non-members. Additional research, standards information, toolkits, market intelligence, white papers and a template library are available from CEDIA.net.
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