The Internet of Things (IoT) is a much hyped term these days. Nowhere is that hype more evident than when it comes to the home automation market; a segment that’s primed for $16.4B in growth by 2019 alone. For today’s technology-adept consumers the idea of a smart home is a compelling one. Most already have in-home wireless networks, so the idea of leveraging that network to remotely control a home’s air conditioning, heating, lighting, security, and appliances like refrigerators, washers, dryers, and dishwashers seems like a logical next step. In doing so, they gain the ability to better manage their home’s energy usage and ensure it runs more smoothly. Best of all, they can control their home’s smart devices and systems anytime, anywhere using just a smartphone or other computing devices.
These are attractive benefits to consumers around the world and particularly in India where an increasingly tech savvy population has begun clamoring for smart home automation and control applications. Here, the home automation market has evolved from just heating and air conditioning (HVAC) and security systems to include such things as energy management, entertainment, fire detection and lighting systems as well. Increasingly, home automation is also being viewed as a key part of India’s smart grid initiatives.
Read more: http://www.firstpost.com/business/iot-house-decoding-tech-behind-smart-homes-2182527.html