The next steps of the smart home

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smart homeAccording to IHS Markit, for the smart home 2017 will be a year of minor business model modifications, pricing adjustments and security enhancements (prevent cyber-attacks). Besides, 130 million smart home devices are forecast to be shipped worldwide in 2017, a 60 percent year-over-year increase. Voice assistants (personal assistants) will become more commonplace, with many additional brands hitting the market. Device manufacturers and DIY platforms will place greater emphasis on real-estate and the builders market. As the technology improves, more insurance companies will adopt smart home packages. Paywalls for advanced services and features will begin to materialize, with DIY systems that were 100 percent free in 2016. This may include contracts to monitor appliance health and incorporate a service plan for maintenance. Greater emphasis will be placed on integrating appliances with open platforms, such as Wink and Amazon Alexa. 2017 will also be a transformational year for the user interface (UI) and hardware. Voice control will continue to impact the way in which users interact with the smart home; however, IHS Markit believes voice will not entirely replace mobile devices until voice becomes more naturally interactive.

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