Increasing consumer enthusiasm for the Internet of Things (IoT) and adoption of emerging technology will drive the U.S. consumer technology industry to $292 billion in retail revenues ($228 billion wholesale) in 2017, according to new research from the Consumer Technology Association (CTA), which owns and produces CES.
Once again, this year’s CES show beat all past events with 2.6 million sq. ft. of exhibits, 3,880 exhibitors with over 600 startups, and 6,500-plus media folks — more than the 2016 Olympics.
Alarm.com announced plans to develop autonomous, video-enabled drone applications to extend the capabilities of smart home and business security systems. The drones will be designed to autonomously navigate through the property and provide a high-resolution video feed to the property owner.
ADT announced the nationwide availability of ADT Canopy, a month-to-month contract service with 24/7 professional security monitoring via LG Smart Security. ADT Canopy will also extend their intrusion detection and panic response service offerings through new partnerships with leading smart home and consumer electronics brands, including Samsung, NETGEAR and Glympse.
ADT LLC, a provider of security and automation solutions for homes and businesses, welcomed Amazon Echo and Echo Dot products to its Pulse ecosystem, ADT’s remote home security monitoring system that gives consumers the power to control their home security preferences regardless of location.
The smart home has arrived. Recently smart devices and systems that are affordable, reliable, expandable, and most importantly, desired by consumers, have emerged.
Leviton acquired ConTech Lighting, a Chicago-based manufacturer of high-performance and sustainable lighting solutions and fixtures. Leviton reported this acquisition continues its strategic growth in lighting and expands its product offerings and solutions.
CEDIA opened registration for Business Xchange 2017. This two-day event will be packed with peer networking opportunities and expert-led workshops designed to help attendees maximize sales and marketing techniques. Each session is tailored to the specific business needs of companies in the residential tech industry.
Nortek Security & Control, a provider in the security, smart home and wellness technology markets, will be expanding its manufacturing capacity by 25 percent.
Insurers are racing to gain access to data in order to quantify risk on a more granular level. Today, most insurance discount programs for smart products are cross-marketing programs focused on lifting sales and collecting data that can, over time, be analyzed to more precisely quantify risk.