Smart Homes: Chasing the Elusive Dream

December 31, 2015 | State of the Market Report

Smart home has attracted $550 million in venture investment from 2005-2014, and we have already seen the first wave of exits, but it is still too expensive for mass adoption at $6,700 for a fully enabled home. An array of new technology developers have emerged, with devices ranging from air quality sensors to smart vents, and multi-function sensors. However few, if any, have managed to threaten the sole "killer app", the smart thermostat.This report describes the current smart home landscape, and discusses the issues at the various layers in a smart home system that hinder mass adoption. It also analyzes the various devices being developed for smart home applications, and points to successful innovation strategies.

Coverage Areas

  • Digital Transformation
  • Owning the Energy Transition

Table of Contents

  • Title page
  • Contents

Lead Analysts

Alex Herceg, P. Eng.
Analyst
Analyst

Contributors

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Categories Residential building security, Residential indoor air quality, Smart home hardware, Smart home integration, Smart home software, Smart thermostat, Home energy management