A new report from Juniper Research forecasts that revenues generated from Smart Home services are set to reach a global market value of $71 billion by 2018, rising from $33 billion last year.
The new report – ‘Smart Home Ecosystems & the Internet of Things’ – found that nearly 80% of total Smart Home service revenues will come from entertainment services by the end of the forecast period. As connection speeds have increased, service providers are able to offer greater volumes of content, delivered with increasing convenience.
