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)™.

PointGrab announced that Corporate LiveWire has selected the company as its Innovation and Excellence Award winner in Home and Building Automation. The award is sponsored by the International Business Innovation Association.

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.

The global home automation system market is forecast to grow from $32.11 billion in 2015 to $78.27 billion by 2022, increasing at a compound annual growth rate (CAGR) of 12.46 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.

The global energy harvesting system market is forecast to reach $974.4 million by 2022, increasing at a compound annual growth rate (CAGR) of 19.6 percent between 2016 and 2022, according to a new market research report published by MarketsandMarkets.

Consumer awareness of the connected home is growing quickly, according to findings released from connected home studies fielded by Kelton Global and Research Now in the U.S. Commissioned by Nest, the studies were designed to uncover consumer sentiment about the connected home market.

Nortek Inc. announced it has signed an agreement to acquire a 25 percent stake in MiOS Limited, a global technology company focused on developing and distributing advanced control and monitoring solutions for the home and small enterprise markets.

Vivint Smart Home, a leading provider of smart home technology, announced that its Vivint Element™ smart thermostat was awarded the Red Dot, an international distinction for high design quality. The international Red Dot jury chose winners from a pool of 5,200 products from 57 nations.

Parks Associates has announced new home energy management data from its report, The Evolution of Home Energy Management, showing 70 percent of U.S. households with smart energy devices report saving money due to reduced energy consumption.

Earth Networks® announced that its WeatherBug mobile app has been named by Electronic House as a 2016 Product of the Year Winner in the Energy Monitoring Devices & Services category.