The Internet of Things (IoT) is emerging as an ecosystem of connected sensors, and wearables that communicate with cloud-based intelligence to generate value-add actions at consumer premises over mainly mobile devices. However, the feedback from initial deployments indicates that there are significant barriers to the average consumer in the areas of installing the equipment, connecting it to the controllers, and setting up and managing new services. Products and services for IoT in the home (Home IoT) target consumers' premises devices and the connected objects surrounding us. This paper outlines the unique opportunities and challenges that Home IoT and Health IoT will present to existing service providers. The author will review the general readiness for IoT of the existing networking technologies in our connected homes and analyse the longevity of the current connections to the cloud where the service intelligence will reside.