This report was authored by Patrice Samuels from Parks Associates and published in 2021. It provides an overview of the market growth in smart home devices. Such devices cover a large variety such as computers, smartphones, smart TVs, smart speakers, heart rate monitors, and sleep monitors. By 2025, US broadband households with broadband Internet service are predicted to have an average of 20 connected devices. Smart home controls applications include access control, lighting, energy management, safety systems, and water management.  Some smart product features include a refrigerator that adapts to minimize energy usage, indoor air-quality monitoring, a package delivery portal to the house, and energy storage batteries for home power.

Keywords: Access Controls, Connected Home, Control & Monitoring Equipment/Sensors, Consumer Electronics, Home Networking, HVAC & Indoor Air Quality (IAQ), Lighting Systems/Controls, Renewable Energy

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