The global smart home M2M market is expected to expand at a rate of 13.3% CAGR between 2017 and 2025 to reach a value of US$16.316 million by 2025 from US$5.421 million in 2016, according to a report by Transparency Market Research. The report pointed out that the global smart home M2M market remains fragmented. The market is comprised of many large vendors operating in various industry verticals such as: platform providers, telecommunications operators, chip providers, device manufacturers, and original equipment manufacturers (OEM). Stiff competition characterizes the market.
In Partnership with Trend Micro, TP-Link has released a new home networking and cyber security solution, called HomeCare. Designed for the modern home; HomeCare has Trend Micro built-in antivirus control, which is designed to keep your wireless network and connected devices, safe and secure, while maintaining top internet speeds. With strong parental controls, HomeCare provide additional insights, ensuring the entire family can safely enjoy surfing the internet.
Traditional security protection for computing devices in our home is no longer enough. This is because we no longer want only our laptop and desktop computer protected, we now need to protect Baby Monitor, Microwave, Television and all the other smart devices in our home. Traditional malware and virus protection software doesn’t work on these devices and this is where F-Secure Sense comes to the rescue.
VTech is making easier for any home to have an advanced security system. They have launched the world’s first home phone with security monitoring integrated, in Australia. The VTech VS150 works as a base station to a number of sensors located around the home, if triggered the phone will call the homeowner or any designated number to alert them of the incident.
Time Warner Cable (TWC) is now offering an enhanced monitoring option for its security and smart home management service, IntelligentHome. This new capability enables customers to capture and playback continuously recorded video from their IntelligentHome security cameras. Known as 24/7 Playback, the feature lets customers go back in time and see what happened while they were away from home at work, or even on a week-long vacation.
Security devices and solutions are expected to more than double over the next six years are according to study by WinterGreen Research. The continuation of 2014 trends, combined with low market awareness of the value of home automation, will force many connected home vendors to pivot and offer more than simple apps for device monitoring and control.
Earlier this month the Federal Bureau of Investigation (FBI) released a warning about the risks of having our connected devices being hacked. They have also made some suggestions on how we can protect our privacy, home and business from hackers. Google also recently released one of these recommendations on how to secure our home wireless network. The FBI suggested nine things we can do, which I think are easy for anyone to do.
Next generation home security devices achieve a complete replacement of existing security systems, 3D video cameras, automated connected thermostats, access sensors, and intrusion detection devices can alert a person on the smart phone. Devices are wireless, are more energy efficient, last longer and have a significantly lower cost of operation.
The connected life style should have a market potential of US $731 billion by 2020, this is according to Frost and Sullivan. This figure includes revenue from all sectors that touches the connected home. Cloud computing, mobility, low cost sensors, big data are driving the Internet of Things (IoT) and connected industries.
It seems the Energy Service Network Association (ESNA); the body that developed the Open Smart Grid Protocol (OSGP) will have to go back to the drawing board with the Open Smart Grid Protocol. Researchers, Phillip Jovanovic from the University of Passau in Germany and Samuel Neves from the University of Coimbra in Portugal have identified weaknesses in the authenticated encryption of the protocol.