Issue link: https://resources.mouser.com/i/1442778
How manufacturers can successfully position themselves for what comes next. Molex believes looking at home technology in an evolutionary context is valuable— if not essential—to manufacturers developing the solutions that will further transform tomorrow's homes. The better we are able to see where we were and where we are, the better we may be able to see where we will be. This is of great importance to manufacturers of home products and systems, for they must place bets now to retain a competitive edge down the road. Molex sees the Connected Home as the current phase in the ongoing evolution of home technology. While some may view the Connected Home as the future, we believe that it is already reality, as the hurdles to achieving connectivity have largely been met. While Connected Home adoption continues to expand, we are looking ahead to the next phase, developing the technology that will guide the transition to homes that grow more proactive and automated than we can currently imagine. Presently, Connected Home adoption varies widely throughout the world, both in market penetration and use cases. The United States and Canada make up the largest market, growing by 31% per year, but the majority of usage is for home security systems, or detecting fire or water leaks. Europeans are adopting connected home technology Home Technology—From Connected to Proactive By Molex "The idea of "home" has greatly evolved over the millennia. Over the last decades, technology has transformed homes into "hubs of functionality"—centers of entertainment, environmental management, work, fitness, security, and more." 22