When you think of a futuristic, fully automated home, you might picture several household gadgets working in harmony, like in The Jetsons or Back to the Future. But Gartner Research predicts that by 2020, there will be approximately 25 billion IoT-enabled devices, millions of which will likely be used to help consumers automate their homes. And Icontrol Networks reports that consumers across demographics (especially millennials and Generation Xers) are excited about owning a “smart home.”
A smart, or connected, home is defined as one where the lights, heating/ventilation/air-conditioning (HVAC), security alarm and other household devices can be automated and remotely controlled by a smartphone, tablet or computer. The key drivers in smart home adoption are home security, energy efficiency, entertainment, convenience/productivity, connectivity and health monitoring. See full article: www.forbes.com/smarthomeautomation
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