The Open Connectivity Foundation (OCF) announced Thursday that products from BSC Computer GmbH, COMMAX, Haier, LG Electronics, Resideo, Samsung Electronics and SURE Universal will be showcased in completely interoperable smart home demonstrations at the OCF IoT Breakthrough press event in Las Vegas next week.
These devices will complete OCF 2.1 certification in 2020, ensuring robust and secure connectivity between devices. Many of these and other OCF member companies will be commercially launching products based on the OCF specification in 2020.
Research shows that revenue from the smart home market is expected to show an annual growth rate of 17.6 percent, resulting in a global market volume of more than $141 billion by 2023. As the smart home market continues to rapidly grow, secure interoperability will be key in making the IoT successful.
Read the full article by Anna Ribeiro via IoT Innovator.