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Beacons and Smart Homes: It's All About the Value

December 03, 2015

The number of smart home products owned by consumers increased more than 50% over the last year, according to a new study by Parks Associates. Growth is projected to continue, with 43% of U.S. households that have broadband planning to purchase a smart home device in the next 12 months.

But the drivers of those purchases are likely to be practical and priced right.

A different study, by The Demand Institute, found that 88% of consumers see a smart home as being too expensive and only 23% said they had at least one smart device in their home.

From the article "Beacons and Smart Homes: It's All About the Value" by Chuck Martin.

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Beacons and Smart Homes: It's All About the Value

Previously In The News

What’s Driving The Growth Of Connected Health Devices?

Competitive Reality of 5G Threatens Previous-FCC’s Title II Net Neutrality

Alexa Poised To Play A Bigger Role This Amazon Prime Day

Google's Nest Struggles Could Set Back The IoT Movement

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