Market insights, news, articles and quotes by ON World

Media Contact:
Mary Purvis

2023

Consumers Warm to Smart Thermostats as Electricity Prices Soar 15%

Rising energy costs are renewing consumers' interest in smart thermostats that have become one of the most popular smart home products. Residential electricity rates increased 15% last year from two years ago, according to the latest data from the US Energy Information Administration (EIA)....More

2022

$80 Billion Smart Home Security Market by 2028

Safety and security is the largest and fastest growing smart home segment. ON World's surveys with 3,500+ online adults in North America and Europe over the past year continues to find high interest in smart home security...More

Market Insight: What the Thread Group's Latest Update Means for Smart Homes

In a significant milestone for the upcoming Matter standard, the Thread Group has released its latest update to its wireless mesh network protocol, Thread 1.3.0... More

The Energy Crisis Ignites Demand for Smart Thermostats

After several years of relatively flat growth, smart thermostats are becoming a hot smart home product again... More

Innovations Will Drive the Smart Speaker Market to $22 Billion by 2028

Smart speakers are one of the fastest growing consumer products used by nearly half of US households last year after the first product emerged in 2014. More

45 Million Remote Patient Monitoring Recipients in North America by 2026

The COVID-19 pandemic nearly doubled adoption for remote patient monitoring (RPM) over the past two year...  More

Nearly Half of Smartphone Users Aged 55+ Have Connected Health Devices

Connected health devices are widely used by smartphone users and this trend has accelerated over the last two years for older adults, according to one of ON World�s Q4 2021 connected health surveys... More

1 in 3 Caregivers Open to Using Smart Medicine Dispensers

Caregivers are increasingly adopting connected health devices to reduce their workload and improve the quality of care of their care recipient... More

Market Insight: $12 Billion Senior Connected Care Market in North America by 2026

Connected care became a top priority in response to the coronavirus pandemic and Internet-enabled, at-home health services have become mainstream... More

$1 Billion Activity Monitoring Market by 2026

Smart home technologies are transforming the assistive care industry... More

Mobile PERS Disruptors Will Increase 4X Faster Than Dedicated Systems

Connected care became a top priority in response to the coronavirus pandemic and Internet-enabled, at-home health services have become mainstream... More

2021

1 in 4 Technology Early Adopters More Interested in Smart Home Energy Due to Covid-19

The COVID-19 pandemic has had a mixed impact on smart home energy solutions...   More

$30 Billion Smart Home Safety & Security Market in North America by 2027

Rising crime and consumers' increased attention on home improvement has driven sales for smart home safety and security products over the past 18 months... More

Video Sales Surging, Up 55% Online in 2020

Rising crime and consumers� increased attention on home improvement has driven sales for smart home safety and security products over the past 18 months... More

$4.5 Billion Global Smart Home Lighting Market by 2026

Rising crime and consumers� increased attention on home improvement has driven sales for smart home safety and security products over the past 18 months... More

Online Sales of Smart Home Products Jumped by 60% in 2020

Sales for smart home products continued to grow last year despite the COVID-19 pandemic... More

Market Insight: Green IoT Gaining Momentum with Energy Harvesting

Sales for smart home products continued to grow last year despite the COVID-19 pandemic... More