| | 8 November 2019HIGHERReviewAccording to a report, the home automation market is expected to reach $151.4 billion by 2024 with a global compound annual growth rate of 12 percent and a higher growth rate in APAC. While initially, security was the main reason for peo-ple to invest in smart homes, now most people are looking for a more seamless way to manage their homes even when they are not around.So, what is a smart home? A smart home is a home where different device, systems, and items are connected to each other and to a central network. With a smart home automation system, you can control lighting, temperature, appliances, entertainment systems, home security, and alarm systems.Wired Smart Homes - A Thing of the PastIn wired smart homes, all the devices including sensors, thermostats, electronic roller blinds, and lighting are con-nected using a low-power line which has an embedded system running on it that acts as a self sufficient and in-dependent node. This embedded system works as the main controller of the smart home system.While the wired smart homes were fast and reliable, they had many other disadvantages, including:· If the home wasn't pre-wired already, it needed to be com-pletely wired by taking off plasters and paint· No way to move the wired smart home system to another house without rewiring· Lack of scalabilityBy Virang Jhaveri, Co-Founder and CEO, PicoStoneIN MY VIEWSMART HOMES: PAST, PRESENT, AND FUTUREVirang Jhaveri completed his Bachelor of Engineering (B.E.)Electronics and Telecommunication from D.J.Sanghvi College of Engineering. Prior to the creation of Picostone, Virang worked for Diebold as a software engineer. He has worked on various Tech projects with Android, NodeJs, FreeRtos and Hardware circuits. He also has various technical papers published in international magazines. As the Chairperson of his college's Technical Festival he has hosted various national level competitions and led a team of 140 members.Virang Jhaveri, Co-Founder & CEO
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