Smart Power, Lighting Gain on Home Security in Connected Home Space
Sales of smart home products were up 21% year on year through November, driven by increases in security cameras (13%), smart power (41%) and smart lighting (41%), reported NPD Thursday. Security cameras generate most smart home revenue and are often reported to be the first smart home product purchased, it said. Increasingly, energy savings and convenience are driving purchases of smart power and lighting, it said. Smart power and lighting device sales grew 25% and 27% during Cyber Week, said NPD.