The document discusses the growing consumer internet of things (IoT) market, which is projected to grow from 40 billion installed devices in 2018 to over 1 billion devices by 2025. It notes that startups and telecommunications companies are competing to establish ecosystems in the consumer IoT space in Asia and other markets. The document advocates that the company build its own ecosystem to shape its destiny and acquire skills to engage customers where they are, like individual use cases, price, experience and addressing customer inertia.