The global smart homes market is projected to cross $60 billion by 2021, according to new report from Research and Markets. On the basis of application, the market has been segmented into HVAC control systems, energy management systems, security and access control systems, entertainment control systems, and others.

PointGrab announced that it has joined the Cisco Digital Ceiling framework as a partner in developing building automation solutions over one IP network. The Cisco Digital Ceiling is an Internet of Things (IoT)-based solution to connect building services in a single, converged IP network through leading-edge technologies.

The residential Internet of Things (IoT) trend is expected to continue to grow during the next decade, particularly as industry stakeholders meet the demand for integrating disparate devices and in-home systems.

The ZigBee Alliance, a nonprofit association of companies creating, maintaining and delivering open, global standards for the low-power wireless Internet of Things (IoT), announced 38 new members have joined since the beginning of 2016.

Uponor Corp. has announced the formation of Phyn, a new partnership with Belkin International. According to the companies, Phyn will create an intelligent water solution that protects homes and businesses from leak damage, enables mindful conservation, and enhances water usage with automated and anticipatory controls.

The increasing use of home automation technology through the Internet of Things (IoT) has the potential for substantial energy savings and greenhouse gas emissions reductions, according to a new study released by the Consumer Technology Association (CTA)™.

Current, powered by GE, has announced a new relationship with leading Internet of Things (IoT) solutions provider, Tridium. Under this agreement, Tridium’s IoT software platform, the Niagara Framework, will be used with Predix, GE’s cloud environment, to capture and analyze the volume and variety of data generated by buildings.

The global smart home market is projected to grow from $46.97 billion in 2015 to $121.73 billion by 2022, growing at a compound annual growth rate (CAGR) of 14.07 percent between 2016 and 2022, according to a new report published by MaretsandMarkets.

Budderfly LLC, a provider of energy management solutions, has been recognized as a 2016 Gartner Cool Vendor in Internet of Things (IoT) Solutions. By adding IoT devices and advanced software to an existing infrastructure, Budderfly’s solution is said to be able to enhance the energy efficiency performance of any building.