Blake Kozak

Omdia Report Finds Purpose-driven Smart Homes Will Lead to a Market Size of $178bn in 2025

Despite a turbulent 2020, the smart home market is poised for exceptional growth as the industry aims to bring intelligence to ‘not-so-smart’ smart homes, according to research group Omdia. The expansion beyond traditional retail channels and traditional use cases such as security will be achieved through partnerships and new technologies, ranging from Matter to Wi-Fi/radar sensing and edge-based systems that are deeply integrated into homes and buildings.