Home Automation Week in Review
The week when:
- Cync Launches New Lighting Panels
- TP Link Launches New Lighting and Power Products
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The week when:
- Cync Launches New Lighting Panels
- TP Link Launches New Lighting and Power Products
2023 continues to be a challenging year for the home automation industry. As consumers pullback consumption in a variety of general merchandise categories and consumer electronics specifically, investment in connected home devices has slowed. Ownership of home automation devices remains steady at more than half of US households and consumers remain positive about the devices, citing their convenience and ease of use, however new categories of buyers have been slow to embrace the category. Device retirement has also become more common.
The week when:
- New Security Label for Smart Devices
- Pixel Phone Gets a Smart Home Update
The week when:
- Vivint Expands
- Aqara Leans Into Matter
The week when:
- Echo Show Devices Add Weather
- Lunar Envisions Energy For The Home
The Home Automation Marketplace quarterly report provides guidance on product design and product strategies. It provides item level product detail – including product attributes and average selling prices – of the home automation products currently selling at retail. Eight product categories are included: security cameras, smart entry, smart lighting, sensors, system controllers, smart power, item trackers, and kits.
The week when:
- Eve Systems Acquired
- Matter Smart Locks Hit Retail
The week when:
- Level Introduces a New Doorbell
- Matter Issues an Update
The week when:
- WiZ Launches Motion Sensing Lights
- Netatmo Launches an AC Controller
The week when:
- Sky Plans a New Offering
- Amazon Upgrades to Matter