Smart products are already disrupting and transforming industries, with growing demand from both consumers and businesses. The smart home market alone, just one piece of the smart product spectrum, is projected to be worth $135B by 2035.1
There are several reasons for this trend toward "smart everything." Smart products offer natural interaction: many products, from home entertainment to automotive interiors to industrial equipment, can be controlled by voice and gesture rather than physical buttons or control panels. Today’s smart products let people focus on other activities by operating with increased autonomy, like robot vacuums that clean the house or the aisles of the grocery store. They enable data collection and analysis, serving everything from monitoring our health to predicting when equipment needs to be maintained.