2020: The End of an Era in Smart Home

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By Jonathan Collins | 1Q 2021 | IN-6042

 

Smart Home on the Brink of Major Change

NEWS


Like every industry, the global pandemic of 2020 impacted the smart home market. However, unlike many industries, the pandemic didn’t prevent industry growth—it helped it. New devices, services, and technologies were brought to market and were met by a consumer appetite to improve the comfort, efficiency, and safety of their homes. Even so, 2020 may yet stand as a landmark year for smart home, marking the end of an era and the beginning of the next. What will define the new era will be key initiatives developed through 2020 that will provide the bedrock for a transformation of the smart home market throughout the decade. It is worth looking at the key developments made this year and taking stock of the real change they herald.

Key Developments in 2020

IMPACT


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