There will be 5 billion connected devices worldwide by the end of this year, and 25 billion by 2020, representing $263 billion in spending, according to the Gartner.

In the U.S., an estimated 13% of households own a connected device, with security systems being a common jumping off point into the Internet of Things, says Tom Kerber, director of research for connected home analysts Parks Associates, which organized the conference.

"What's notable is that 60% of people do have concerns about people hacking into a product and tampering with it, or into your device's data and mining that information for details about your life," says Kerber. "What helps ease peoples' minds is giving them the option of being off the grid with some of that data."

From the article "Your connected home will be cooler than 'The Jetsons'" by Marco della Cava.

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