More than Half-a-Billion Wireless Smart Home Monitoring Devices to be Installed Worldwide by 2018
The smart home concept is increasingly moving center stage and demand for wireless devices continues to grow. In 2013, sales of wireless embedded smart home monitoring devices, including contact and motion sensors, smart thermostats and smart plugs, grew to 17.23 million, almost double shipments in 2012. Continuing momentum will ensure that by 2018, more than half-a-billion wireless smart home monitoring devices will be deployed in homes around the world. Growth will develop as new users move to use smart home systems and as users extend their existing systems.
Vendors including Honeywell, GE, Nest (now Google), Kwikset, UTC and many others are increasingly adding wireless connectivity to their home devices, bringing network connectivity and remote management to their offerings in order to appeal to growing numbers of smart home consumers.