Smart Homes to Transform, Boosting Tech Sales, ABI Predicts
The transformational smart home will “reshape" both "consumer services and citizen interactions,” ABI Research reported Thursday. The “sentient home” will automatically adjust in real time to changes in weather, in individuals’ presence and preferences, said Jonathan Collins. The “cooperative home”…
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will be part of a network of homes integrated within an area, while the “new lifestyle home” will support more activities within a smaller footprint. “Home as a business” will support revenue-generating services; the “low-impact” home will automate control “in a push toward zero environmental impact"; and the “marketplace home” will define how smart home management providers control access to consumers, said the analyst. ABI predicts global smart home spending will grow an average of about 24% annually to $317.6 billion by 2026.