Dating back to the time before 2016, the smart home market had grown to a certain scale, while the number of startups increased and more pioneering gadgets were introduced.
Dating back to the time before 2016, the smart home market had grown to a certain scale, while the number of startups increased and more pioneering gadgets were introduced.
In the past year, however, the flow of the game changed and the market was controlled by existing tech giants like Amazon and Google. Amazon acquired smart doorbell maker Ring and security camera team Blink, while becoming one of the main investors in smart thermostat startup Ecobee.
Google brought Nest back under its umbrella. The thermostat company spun out as an independent company in 2015, and did not release groundbreaking products since then, except a security camera thanks to its acquisition of DropCam. Google bought Nest in...