Strategy in TECH...
Nexia, a division of monster company Ingersoll Rand and supplier of smart home products and solutions, announced this week that Nexia-certified products will now be able to be controlled with simple voice commands through Amazon’s Echo. Clearly joining the new wave of companies who believe voice-command is the “next big thing” in home automation, Nexia is moving quickly to embrace voice control.
Several announcements emerged this week from the Samsung Developer Conference being held in San Francisco – an event that has largely represented the launch of the first wave of Samsung’s assault on the Internet of Things (IoT) market. One announcement that caught our eye is the news that Samsung and Legrand have partnered on a new Thread-enabled lighting switch.
New market research on the smart home market says the global consumer market will grow to be valued at around $58.7 billion by 2020. Market researcher MarketsandMarkets predicts that recent developments in the channel will fuel a 17% compound annual growth rate (CAGR) between 2015 to 2020 leading to the creation of a significant consumer market.
In an new study on consumer attitudes about smart home technology, we find some interesting insights. Some seem logical…while others are a bit of a surprise. We were surprised to find out that more than half of all Americans feel that having a smart home is at least somewhat important to them. And 21% – more than one in five Americans – said having a smart home is very or fairly important to them.
