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Study: Home Control Means Big Business

OYSTER BAY, N.Y. -Fueled buy open, Internet protocol-based technologies, the home-control network systems market will grow from $1.1 billion in 1999 to $3 billion in 2005, Allied Business Intelligence
predicted in a recent report.

That market, which has historically been inhibited by a lack of standards and expensive equipment, will solidify as appliance manufacturers, residential gateway vendors and service providers jump on the home-networking bandwagon. However, the impact of a less fragmented and standards-based market won't likely be felt until 2002, ABI said.