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”This presents one of the tradeoffs mentioned earlier, in that analytics are going to have a much heavier draw on power and will sometimes preclude the use of battery powered cameras.

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Most security companies provide options to automate your home.

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Tele medicine is going to become more and more important to not just the elderly but to aging baby boomers as well and to persons like busy moms with kids. In the case of home security, this type of business opportunity will soon start to extend to serving many other classifications of consumers. With regard to the market that contains elderly consumers, it can easily be said that this market will continue to grow indefinitely because it only stands to reason that we are all going to grow old at some point in our lives and become elderly and with persons living longer than they used to up until a decade ago, these demands would only naturally grow with time. Medical services that are readily available and accessible are becoming more and more important to the elderly. Home security is also becoming more and more of a concern to not just them but many others as well and these two areas can be expanded to include other types of related services. I am going to leave you with a very interesting reference to review. One that talks about how you can use information technology to create business opportunities in the tele medicine and home security fields. Please see below. Invest in Information Technology that will Save the Elderly Telemedicine and home security are two industries that have emerged out of the information technology age and both are set for rapid growth. Both rely upon such gizmos as sensors, radio frequency identity tags, mini cameras, . Security and telemedicine both offer fantastic business opportunities.

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1 Market Estimates and Forecast, 2018–20238.

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