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Hot Tech: More Than 40 Percent of Thermostats Sold This Year will be ‘Smart’

July 15, 2015

It’s a sign of the times — and the booming business of IoT.

New research conducted by Parks Associates reveals that smart thermostats taking a larger portion of the market this year, accounting for over 40% of the nearly 10 million thermostats sold in the U.S.

The new report — “Winning Smart Home Strategies for Energy Management” — estimates that so-called smart thermostats will account for over 50% of the total market by 2017.

“Smart thermostats already account for more than one-half of the smart home devices in U.S. broadband households,” said Tom Kerber, Director of Research ans Home Controls & Energy for Parks Associates.

From the article "Hot Tech: More Than 40 Percent of Thermostats Sold This Year will be ‘Smart’" by Emma Martin.

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