Roughly 26% of households with broadband service plan to buy a smart home device or system in the next 12 months, respondents to a survey by the Consumer Electronics Association and Parks Associates found. Twenty percent plan to buy at least one device.
Roughly four out of five homes in America have broadband service, so the impact is likely to be huge. In fact, Parks Associates predicts sales of smart home devices will rise roughly 75% between now and 2017. Smart devices include items like thermostats, networked cameras, door locks, smoke and carbon monoxide detectors, light bulbs, switches, and power strips.
Click here for a news release and a link to a whitepaper on the research.