Source | LinkedIn | Bernard Marr | Internationally best-selling author, keynote speaker, futurist, and strategic business & technology advisor
Smart homes are the domestic face of the Internet of Things (IoT). In recent years we’ve become increasingly used to connecting everyday devices in our homes to the internet and to each other to make the places we live more comfortable, economical, entertaining, and safe.
This trend is certainly set to continue into the next decade – research states that the value of the smart home device market is set to grow from $55 billion in 2016 to $174 billion by 2025. In other words, what we see today in terms of connected, smart home appliances and applications is just the tip of the iceberg.
As the technology underpinning this revolution in how we live continues to get faster and more powerful, we can expect home automation and artificial intelligence to offer domestic help in new and innovative ways. Here are some of the highlights of what we can expect to see during 2020:
One of the headaches of putting together a smart home is undoubtedly the competing range of platforms and standards. Increasingly, manufacturers of smart home devices need to ensure their products and services will work on platforms provided by Amazon, Google, Samsung, and Apple to capture the broadest customer base. And consumers themselves face the danger of finding themselves “tied in” to a particular network provider – which can often limit the options available if a particular tool or device they need won’t play nicely with their favorite platform. There’s also the annoyance of needing to use a whole load of different apps to set up and control all of the different devices from different manufacturers in your smart home.