Companies such as Facebook and Google will increasingly diversify away from ad-funded business models and position themselves as the gateway through which users can access multiple services, blending social networking, e-commerce and entertainment.
White House is tapping two big sources: $5.7b in still-unspent Chips Act grants and $3.2b slated for a project called Secure Enclave for Intel purchase
Devices to grow the fastest over the next five years include water leak sensors/shutoff valves, connected major home appliances, plugs/switches, air quality monitors and smart door locks