North America held the largest share of the home automation market in 2015
May 17, 2016
The global home automation system market is forecast to grow from $32.11 billion in 2015 to $78.27 billion by 2022, increasing at a compound annual growth rate (CAGR) of 12.46 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.
Companies will work together on residential solar offer
May 11, 2016
AT&T and SunPower have entered into an agreement that brings AT&T's Internet of Things (IoT) technology to SunPower's newest home energy solution — SunPower Equinox™. The companies will also collaborate on co-marketing efforts to offer a SunPower home solar system to qualified AT&T customers this summer.
Building and home automation application segment is leading the market
May 6, 2016
The global energy harvesting system market is forecast to reach $974.4 million by 2022, increasing at a compound annual growth rate (CAGR) of 19.6 percent between 2016 and 2022, according to a new market research report published by MarketsandMarkets.
To Americans, main benefits include increased convenience, increased security, reduced energy bill
May 3, 2016
Consumer awareness of the connected home is growing quickly, according to findings released from connected home studies fielded by Kelton Global and Research Now in the U.S. Commissioned by Nest, the studies were designed to uncover consumer sentiment about the connected home market.
HARDI wholesaler members compete to recycle the most mercury thermostats
April 29, 2016
Thermostat Recycling Corp. (TRC) announced that its fifth annual Big Man On Planet (BMOP) competition begins May 1, in partnership with Heating, Air-conditioning and Refrigeration Distributors International (HARDI). BMOP will run through Oct. 31 and all HARDI wholesaler members are eligible to participate.
More than 30 percent of homes in U.S. now have access to Nest thermostat rebates and rewards
April 29, 2016
Nest Labs Inc. has announced continued growth in its energy business with the addition of more than 50 energy providers now offering Nest Learning Thermostat rebates and rewards for residential customers.
Being driven by factors including development of cheaper and smarter sensors, rising adoption of cloud computing
April 29, 2016
The worldwide Internet of Things (IoT) market is projected to hit a compound annual growth rate (CAGR) of 33.3 percent to 2021 driven by the rising need for operational efficiency and the increasing penetration of connected devices, according to a report available from RnR Market Research.
Companies are creating strategic platforms to support the Internet of Things
April 22, 2016
The Internet of Things (IoT) market is forecast to grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025, according to “IoT Platforms: Enabling the Internet of Things,” a new white paper available from IHS Inc.
Investment will expand and accelerate Nortek’s solutions for the connected home
April 21, 2016
Nortek Inc. announced it has signed an agreement to acquire a 25 percent stake in MiOS Limited, a global technology company focused on developing and distributing advanced control and monitoring solutions for the home and small enterprise markets.
Vivint Element thermostat is recognized in international design competition
April 14, 2016
Vivint Smart Home, a leading provider of smart home technology, announced that its Vivint Element™ smart thermostat was awarded the Red Dot, an international distinction for high design quality. The international Red Dot jury chose winners from a pool of 5,200 products from 57 nations.