The connected home is getting closer to reality as reports come pouring in. Take the September THE CONNECTED-HOME REPORT: Forecasts And Growth Trends For The Leading ‘Internet Of Things’ Market that says connected-home device shipments (i.e. smart appliances, security and safety systems, and internet-connected home energy equipment) will grow at a compound rate of 67% over the next five years and will grow from 142 million this year to 8 billion units by 2019.
Within that, home energy equipment and safety and security systems (e.g. thermostats and smoke detectors) will account for 72% of device shipments this year.
Consumers are definitely on board with the whole notion. In the U.S. nearly two-thirds of Wi-Fi equipped households are interested in a connect-home device bundle from their wireless service providers, and latest projections show the numbers of households reliant on LTE for broadband and LTE fixed wireless terminals will grow exponentially.
So where does that put the connected home in the context of the Internet of Things (IoT)? The report says connected home devices account for about a quarter of IoT shipments. Enterprise and government/infrastructure account for the other 75% or so.
There’s a lot of work to come in terms of standardization and other “housekeeping” issues relating to pricing and security. But by all accounts, the connected home is on its way to going mainstream.
Do you have Internet-connected devices in your home? We’d love to hear your thoughts on this rapidly emerging market.
By the Cel-Fi Team