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The Smart Living market is a subset of the Internet of Things (IoT) and Machine-to-Machine (M2M) industries. It is focused on the development of connected devices and services that enable users to monitor and control their home environment. These products and services are designed to improve convenience, safety, and energy efficiency. Smart Living products include connected thermostats, lighting systems, security systems, and appliances.
The Smart Living market is driven by the increasing availability of connected devices and services, as well as the growing demand for convenience and energy efficiency. Consumers are increasingly looking for ways to automate their home environment, and Smart Living products provide an easy way to do this.
Some companies in the Smart Living market include Nest, Philips, Honeywell, August, and Vivint. Show Less Read more