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Smart Home Devices Are The Next Big Thing

October 19, 2014

Devices that connect to the Internet to provide greater convenience, security and efficiency for the home are shaping up to be the next hot consumer electronic category.

According to a survey from the Consumer Electronics Association and Parks Associates, 20% of U.S. households with broadband intend to buy one or more smartphone devices over the next year. In all, the category should grow from $2.4 billion in 2014 to more than $4 billion by 2017, according to Steve Koenig, director of industry analysis at the CEA.

From the article "Smart Home Devices Are The Next Big Thing" by Aaron Baar.

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