The smart home market is maturing right in front of our eyes. Consumer awareness is rising and prices are coming down, while the internet-of-things technology (IoT) inside these devices is simultaneously becoming more intuitive and expansive.

In fact, the predecessor to the Android Operating System, Fuchsia, is reportedly geared toward a more integrated technological environment allowing for voice-enabled interactions across the full scope of smart home devices. Furthermore, seeing the writing on the wall, Best Buy, a trusted technology advisor to the mass market, recently launched an in-home advisor program assisting customers with smart-home setups, live demonstrations and free in-home consultations.

Yet, the reach of smart home technology adoption stretches far beyond the confines of the single-family home as evidenced by Hilton’s “Connected Room” rollout this year, where guests can control aspects of their rooms with their mobile devices. This initiative by Hilton – a powerful customer service differentiator – will eventually equip hotel rooms with devices similar to Amazon’s Echo.

Numerous organizations are investing in “home automation” technology as it provides convenience and customization for users to sync their digital lifestyles with their environments while also being cost-efficient. Therefore, it is no surprise that smart home technology and IoT are experiencing rapid growth. Analysts predict
 the market will grow to $53.45 billion by 2022 with a CAGR of 14.5% between 2017 and 2022.

In this burgeoning marketplace, Lomiko Metals  (LMR) stands as one company that has proven to be well ahead of the curve on the future of IoT and smart home technology… CLICK for complete article