Smart Home Automation & Monitoring Devices to Exceed 770m by 2021, Realising 1000% Growth
A new report from Juniper Research forecasts that smart home automation and monitoring devices will grow to over 770 million globally by 2021, representing an eleven-fold rise from just 68 million estimated in 2016.
The new research, Smart Home Markets: Entertainment, Monitoring, Automation, Health, Metering, Appliances 2017-2021, found that increasing adoption of platform evangelism and openness to partnerships is boosting third party development of devices, especially in developed markets.
Indeed, North America, Far East & China and West Europe will account for almost 75% of all households adopting the technology in 2021. Subscription Services Lose Traction, Cont'd...
This post does not have any comments. Be the first to leave a comment below.
Post A Comment
You must be logged in before you can post a comment. Login now.