Deep DiveConnected Home Series: What Happens When Your Home Is Smarter Than You? Coresight Research October 22, 2015 Executive Summary By 2020, there will be approximately 25 billion IoT-enabled devices, 13 billion of them in the consumer electronics segment, says Gartner Research. Consumers across demographics are excited about owning a smart home. The key drivers in smart home adoption are home security, energy efficiency, entertainment, convenience/productivity, connectivity and health monitoring. The industry is marked by strategic collaboration between the IT giants and the rise of startups which develop popular smart devices. Interoperability between devices and the high cost of adoption are two issues to be resolved for the market to develop further. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: CPG Giants Realign Through Over $100 Billion in M&A, Demergers and DivestmentsWeekly UK Store Openings and Closures Tracker 2025, Week 32: Co-op Opens New-Format Micro StoreUS CPG Sales Tracker: CPG E-Commerce Growth Eases from Prime Day Peak; General Merchandise Decline Confirms Pull-Forward EffectWeekly US Store Openings and Closures Tracker 2025, Week 18: Skechers To Close Multiple Stores; Whole Foods Market To Open Smaller-Format Stores
