Wi-Fi to Hold Over 40% Share of 8 Million Unit Smart Thermostat Market by 2018
The global smart thermostats market is expected to grow from 1.3 million in 2013 to 8 million unit shipments in 2018; a CAGR of 43%. Disruptive innovation in thermostats from new entrants such as Nest Labs, ecobee, and EcoFator has significantly raised the bar for product design and innovation in a device category that had seen little change over several decades.
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