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Global smart building market to reach $25B by 2021

December 15, 2016

File this report under further indications that the IoT age is upon us. Late last year, Gartner predicted that 2017 will be the year that IoT technology sees widespread residential adoption — following the faster-to-adopt commercial sector — based on demand for connected home technologies like the Nest thermostat.

Google was certainly on that track early, purchasing Nest for $3.2 billion in early 2014.

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