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But by 2018, HIS Technology, a research firm, predicts that 45 million smart home devices will have
been installed, and the annual business volume will have grown to $12 billion dollars. ABI Research predicts growth to $14. 1 billion by 2018. The market research firm Allied Market Research projects that the global smart homes and buildings market will grow at a compound annual growth rate of 29. 5% through 2020, at which point the market will be worth $35. 3 billion. Another even more optimistic report from Juniper Research, predicts that the market will grow to $71 billion by 2018. Beyond this market are less expensive smart home devices and systems, largely manufacturer by security, software and electronics firms. Rival software firms Apple and Google are two major players in this marketspace. Google
recently acquired the aforementioned Nest Learning Thermostat for $3. 2 billion, and has designs on the home security market.
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" When you toss a password on your computer's log in screen, for instance, you're protecting your data against wannabe hackers. When you slip a cardboard sleeve on a paper coffee cup filled with your half caf vanilla oat milk latte, you're protecting your hand from the sloshing liquid's scorching heat. And when you vaccinate your kids — you're definitely vaccinating your kids, right?— you're protecting them and people who are immunocompromised from
potentially life threatening diseases. Maybe it's because shopping for a home security system is kind of a nightmare. When I, your friendly neighborhood tech writer, began my reconnaissance for Mashable's roundup of the best home security systems, I was taken aback by the amount of complicated jargon I encountered — more so than usual for consumer technology, and plenty enough to scare off the average homeowner with limited
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