The document discusses the concept of smart homes and their development over the next 5 years. A smart home allows users to remotely control and monitor functions like temperature, doors/windows, and appliances using a wireless network and app. It is estimated that by 2022 there will be nearly 500 connected smart devices per home. While smart homes provide convenience and energy savings, high costs and security risks currently limit widespread adoption. Standards need to improve so devices from different manufacturers can communicate securely.