New report contends that use cases, rather than products, will fulfill the promise of the smart home.
Sourced through Scoop.it from: m2mworldnews.com
We at the S+IG have been saying this same thing for well over 2 years, and now a new report contends that use cases, rather than products, will fulfill the promise of the smart home. Despite undeniable excitement about the smart home, its promise remains largely unfulfilled. The connected home industry is still in search of compelling use cases to drive adoption, according to a new report from Michael Wolf at NextMarket Insights. The report, entitled “The Mass Market Smart Home,” is sponsored by Vivint, a leading provider of smart home technology. NextMarket Insights forecasts the combined DIY smart device home and managed smart home services market to be nearly $17.5 billion by 2019. But according to Wolf:
“Simply selling a smart home system that connects devices will capture the imagination of early adopters, but for the smart home to become as pervasive as other seminal product categories like the smart phone, consumers must see tremendous inherent value delivered by a more connected lifestyle.”