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Smarthome technology for the new workplace

Privacy, vulnerability and reliability are the three main issues almost every connected device currently on the market faces, yet consumers are still choosing to automate their homes at an incredible rate.

Currently we are seeing a huge growth in products and systems designed to improve and transform the way we live our lives inside of our homes. Demand for these devices is becoming something that we have never seen before as they become incorporated and standardized in the home of the future. Statistics forecast that the global smart home market will grow to around 40.9 Billion in 2020 with an estimated 12.86 Billion devices used in the consumer segment. Should these devices or their supporting networks in the future fail, the consequences could be serious. At the moment we are already seeing these devices targeted for the purpose of launching, mining for cryptocurrencies, click fraud and data theft.

Why are people automating their homes?

Many people automate features in their houses because it solves a need, can be more efficient, helps contribute to life improvements and creates an intelligent ecosystem. Some home buyers are even looking to purchase more connected homes or are looking for homes in an area that provides faster internet connections. Another issue is presented when purchasing a house in the future with smart home equipment already baked in. This results in the possibility of hand-me-down vulnerabilities in anything from entertainment systems and lighting to security products and home appliances. In the same fashion that you would inspect the siding of a house before buying it, the same should be done for the devices installed in a connected home.

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