This report was authored by Blake Kozak from Omdia and published November 2021. The report assesses numerous smart home industry scenarios and presents alternate paths that the smart industry may take toward 2030 based on device and industry trends. Long term growth potential for the smart home industry is also presented. Included in the report are historical costs for device imports and exports such as thermostats and door locks. The main takeaway is that the adoption of Matter, a new home automation connectivity standard, will be the catalyst for smart home growth.
Keywords: Association, Audio/Video, Block Chain, Climate Change, Communications, Construction/New Buildings, Control & Monitoring Equipment/Sensors, Consumer Electronics, Cybersecurity/Privacy, Energy Efficiency/Management, HVAC & Indoor Air Quality (IAQ), Internet of Things (IoT), Large Building Controls/Automation, Lifts/Elevators, Mesh Networking, Motorized Devices, Natural Gas, Post-COVID-19, Protocols/Standards, Robotics, Matter, Smart Home