The much-touted "internet of things" is set to enjoy booming growth in Australia before the end of the decade, with projections of a rapid expansion in the sale of connected home devices over the next several years.

Tech consultancy Telyste sees the Australian market for connected home devices expanding nearly 11-fold during the next four years to reach $3.2 billion by 2019. Long-heralded technological advances are finally making their way to the market, increasing the number of smart devices that we employ in our daily lives and serving to foster the creation of…