Even as deployments of smart-grid infrastructure have accelerated in recent years, the once-hyped home energy management (HEM) market has struggled to gain traction.
Numerous trials have led to only a few cases of industry deployments and to anemic rates of consumer adoption. Today that is starting to change, and over the remainder of the decade momentum will build in this nascent market.
According to a new report from Pike Research, global annual shipments of standalone HEM systems will grow from a quarter million in 2011 to nearly 4.7 million in 2020.
