The European smart thermostat market is set to boom, according to a new analysis from Frost & Sullivan, which states that the European market earned revenues of $152.5 million in 2014 and forecasts that this will jump to $2.57 billion by 2019.

Smart thermostats are forecast to take a larger portion of the market this year, accounting for over 40 percent of the nearly 10 million thermostats sold in the U.S., according to new smart home research from Parks Associates.

ecobee Inc. has announced that ecobee3, the first smart thermostat to support Apple HomeKit, is now available at Apple Stores across North America. The ecobee3 uses remote sensors to deliver comfort in the rooms that matter most to homeowners.

As device manufacturers continue to embed communications technologies, sensors, and intelligence into an array of products, the residential Internet of Things (IoT) market continues to grow, notes Navigant Research.

WeatherBug® and Honeywell announced they will be helping Texas homeowners save energy and money this summer, while staying comfortable. Consumers using one of Honeywell’s Wi-Fi thermostats with the Total Connect Comfort app can sign up for WeatherBug Home to optimize the thermostat based on the latest weather conditions.