According to a Diffusion Group report on next-generation consumer electronics, home network systems are slowly but inevitably moving away from an early market characterized by tech-enthusiasts and hobbyists toward a more mature market stage where user experience takes precedence.
“The Future of Home Networks — A Global Perspective” reports that by 2030, residential digital information systems like home networks and broadband connectivity will become as ubiquitous as electricity and phones are today. With broadband serving some 1.2 billion households, 1 billion households also will have a home network in place.
“Developed markets such as the United States, Japan, South Korea and certain Western European nations will continue to account for the majority of home network deployments, at least through 2015,” states Dr. Predrag Filipovic, author of the report and senior analyst at TDG.
“After 2015, however, the stage shifts to lesser developed countries experiencing rapid economic growth and urbanization — in particular, Asian-Pacific countries such as China and India will see millions of households break above the poverty line and thus increase the size of addressable market for home networking.”
The number of global households above the poverty line will top 2 billion by 2030, said TDG. Subsequently, home network deployments are expected to grow from 149 million in 2010 to more than 1 billion in 2030, a seven-fold increase in 20 years.
The report uses “reverse-time analysis” to forecast global and regional meta-trends, working backwards to residential electronic deployments. The company says Filipovic is an authority on residential IP networks and has served as a senior analyst for the past four years.