Why Smarter Homes Mean More Revenue
Strategy Analytics predicts 16 percent of global broadband households will have at least one smart-home system in place by 2017. Increasing demand for monitoring and control services offered by such players as ADT, AT&T, British Gas, Rogers Communications, SFR, Swisscom, Time Warner Cable and Verizon along with remote-enabled entertainment controls and smart appliances from the likes of LG and Whirlpool will drive the bulk of households that adopt smart-home systems and services. Interactive security from Alarm.com and Comcast in addition to ADT will remain the leading application in the U.S. market, and entertainment-related solutions will be popular globally. The group expects revenues from smart-home hardware to hit nearly $20 billion this year and $41 billion by 2017, with smart-home services and installation fees to reach more than $11 billion and $30 billion in the same time frames, meaning there is plenty of opportunity for operators in all categories to either introduce or bulk up smart-home services (and wireless devices probably will play a key remote-control role).

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Trust, Accuracy Undercut AI’s Growth

The media space has a trust problem–and when you throw AI into the equation, it magnifies the apprehension from folks who question the validity and accuracy of what they’re viewing. The NAB Show Streaming Summit tackled the issue during Monday’s kickoff.

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