Automated home devices to draw in $75bn by 2025 | Mobile Marketing Magazine

Automated home devices, such as smart thermostats and smart speakers, are expected to be worth $75bn to the industry by 2025, according to GlobalData. Smart thermostats are becoming more popular among consumers who want control their energy consumption, while smart speakers have been immensely popular since debuting a few years ago. Both Amazon and Google have heavily in the automated home device market. Alongside its Echo range, Amazon spent $1bn on smart doorbell firm ring. Meanwhile, Google has the Nest brand of smart home products. “The advent of smart speakers has had a significant impact across the automated home, as they have enabled simple, voice-activated control of all types of smart devices and, thanks to their relatively...

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