Mariana Garcia
1 min readApr 11, 2021

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Great article Raimundo! I don’t know who is going to be the most benefited, but I do know I am an individual that is fascinated by the world of home automation that IoT has started to enable over the past years. The ability to control domestic appliances by electronically controlled, internet-connected systems is such a futuristic concept! Houses that respond to your every request are no longer just science fiction.

Regarding the latter, The World Economic forum (see source below) highlights Smart Homes as one of the 4 major IoT segments. Smart homes can leverage appliances, lighting, electronic devices and more, learning a homeowner’s habits and developing automated support. This seamless access also brings about additional perks such as improved energy efficiency. The World Economic forum estimates that as a result, the smart home market could see a compound annual growth rate (CAGR) of 25% between 2020-2025, to reach $246 billion. That’s insane!

Source : https://www.weforum.org/agenda/2021/03/ai-is-fusing-with-the-internet-of-things-to-create-new-technology-innovations/

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