Standards Hold The Key To Unlocking The Connected Home

In light of the current pandemic, global technology market advisory firm ABI Research estimates that Connected Home devices could see a 30% year-on-year sales surge in the coming months. Not only this, says Daniel Egger, Axiros GmbH and Project Stream Lead for Broadband User Services (BUS) Data Modeling Project Stream, smart home devices are expected to overtake smartphones by 2021, with the number of Internet of Things (IoT) devices predicted to reach more than 50 billion devices, according to Strategy analytics.

In order to monetise this golden opportunity within the Connected Home market, service providers must first unlock a truly interoperable ecosystem for user services that vastly improves the consumer experience.