Emerging technologies such as wearables, drones, smart home devices, digital assistants and VR are expected to account for more than half of consumer technology revenue in 2017.
Emerging Tech: Smart Home
CTA projects the smart home category – including smart thermostats, smart smoke and CO2 detectors, IP/Wi-Fi cameras, smart locks, smart home systems, and smart switches, dimmers and outlets – to reach 9.5 million units sold in 2016 (a 29 percent increase). Revenue will grow to $1.3 billion (a 24 percent jump).