According to The Future of Tech report home automation products are expected to reach $1.8 billion through 2018. This is a 74% growth rate as security and monitoring devices continue to rise in popularity.
Of course, the continued growth of devices such as Alexa and Google Home are pushing sales while the report also cites emerging technologies such as virtual and augmented reality as well as drones both of which are more in the hobby category.
Finally, more mainstream products such as headphones, lead by the in-ear wireless variety, continue to experience strong sales.
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