Smart home market: security, energy saving and media streaming driving the biz

Employing electronics technology as your security guard at home is one of the key factor driving smart home market. Another important factor in smart home market growth is saving/tracking energy consumption. However small is your home, you would like to safe guard the house from fire, theft and such incidents. Also spending some money on smart home system is worth so that you will be paid back by monthly energy saving . When it come to connectivity most of the people are quite excited to control and monitor their home from the smart phone using IoT. Based on these needs the market for following technologies are going to be more in demand: CCTVs: The growth CCTV which is connected to the user smart phone to see a big jump in coming years. Concept like baby monitor from your smart phone is a good click in the market. CCTV based security and surveillance systems will have demand world-over. Fire and other accident prevention tech: Fire/smoke alarms become important due to the higher chances of busy workaholics forgetting to turn off some electrical equipments, water heaters, iron, stoves or even a candle light. A new company Nest which got recently acquired by Google is creating smart phone controllable thermostats, so they are safe as well as save energy consumption. Intruder detection: When not in home, user can be alerted for any intruder entering home or a...