The megatrend of connective technology means that by 2020, there will be seven times as many connected devices on the planet as people, according to Cisco (10). The global smart home tech market will be worth $53.45 billion by 2025, predicts Zion Market Research, as consumers demand smart fridges that advise them when food is expiring, smart mattresses that monitor sleep patterns and smart baths that emit relaxing aromatherapy (11).
QFY Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
