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5 SWOT Analysis14. 7. 6 Key Strategy14. 8 United Technologies Corporation14. 8. 1 Company Overview14. 3. 2 Product/Business Segment Overview14. 3. 3 Financial Updates14. 3.

 

Blandit Etiam

Examples of IoT as relates to smart homes are the Nest Learning Thermostat, the Chop Syc digital chopping board, the Toncelli Kitchens digital kitchen countertop, the air monitor Birdi, and the Wattio SmartHome 360 energy monitor. Currently, less than 1% of homes employ full smart home technology. But by 2018, HIS Technology, a research firm, predicts that 45 million smart home devices will have been installed, and the annual business volume will have grown to $12 billion dollars. ABI Research predicts growth to $14. 1 billion by 2018. The market research firm Allied Market Research projects that the global smart homes and buildings market will grow at a compound annual growth rate of 29.