Coldwell Banker understands that home automation helps owners sell their homes faster -
Samsung is working with SK Telecom to provide a South Korean network of IoT Devices in order to make cities smart. Samsung clearly has their eye on the future of automation and smart technologies. In 2014, they acquired SmartThings, a home automation hub for $200M and are now incorporating smart technologies into their appliances. According to BusinessInsider, the total amount of city deployed smart devices will reach over 5B over the next 4 years and over $133B will be invested in Cities to make them smart. [ 58 more words. ]
Greystar CEO and Founder Bob Faith talks about home automation for apartments "For example, there’s been an increased demand of smart homes, where residents are able to monitor thermostats remotely and control appliances."
Business Insider wrote a report entitled, "The Internet of Things: Examining How The IoT will Affect the World" Here are some key points from the report: In total, they project there will be 34 billion devices connected to the internet by 2020, up from 10 billion in 2015. IoT devices will account for 24 billion, while traditional computing devices (e.g. smartphones, tablets, smartwatches, etc.) will comprise 10 billion. [ 105 more words. ]
In 2015, over $1.7B was raised within the real estate tech sector across 191 deals.