CSP sales channels will be sidelined in US$21.3bn smart home device market by 2024, says Rethink

In key geographic markets, smart home device sales will reach 356.3 million units annually in 2024, accounting for 80.2 million total smart homes. This represents an installed base of 1.33 billion smart home devices, with annual sales revenue of $21.3 billion (€18.99 billion) in 2024.

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First globally compatible smart lock enables service providers to offer a single smart access and home security solution

Danalock, a provider of smart lock solutions for smart homes and businesses, announced that its Danalock V3 is the first globally compatible, retrofit smart lock to be fully integrated into the Alarm.com interactive security platform, extending its ecosystem of connected devices for global customers.

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Smart thermostats gain traction in Europe and North America

Berg Insight, the M2M/IoT market research provider, released new findings about the smart thermostat market. The number of North American and European homes with a smart thermostat grew by 67% to 10.1 million in 2016.

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