Smart Home Devices to Quadruple in 5 Years

According to IMS Research, the global market for smart home devices will more than quadruple in the coming five years, growing from less than 20 million nodes this year to more than 90 million in 2017.

One of the main drivers for smart home adoption, IMS says, is the increasing number of service providers branching into the managed home control space. ADT, Verizon, Comcast, Rogers Communications, Time Warner Cable and Cox Communications are already offering a range of smart home solutions via a cloud-based managed service. Similar offerings are also either deployed or in the pipeline for European counterparts, such as Swisscom, Bouygues Telecom and others. Some companies are instead opting to develop and white-label a common platform for partner companies, as Deutsche Telecom is doing with the Qivicon solution.
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