Smart homes a US$11.2-billion opportunity by 2022: ABI Research

LONDON, UK — With the smart home market set to become a US$11.2-billion opportunity by 2022, communication service providers need to accelerate their strategies beyond their traditional offerings to take back ownership of the home or risk being relegated as marginal players.That was the advice offered by London, UK-based market research firm ABI Research, in a news release highlighting the findings of a recent report that examined telco opportunities in the smart home market.“CSPs are being threatened in a market increasingly driven by the likes of Google and Amazon with a range of products and services from AI-powered smart home...