As for why dealers change their offerings, there are many possibilities. According to the Parks and SSI study, competitive forces are key. It could also be driven by the consumer, as more homeowners are becoming aware of smart home options ... and asking for them.

Solid margins, customer demand, competitive parity and new products all combine to increase product adoption in some areas, with opposite factors such as low margins and sated consumer demand causing the easing out of other categories. 

From the article "Report: Smart Home Devices Had Biggest Impact on Security Market in 2016" by www.cepro.com

Next: Top 5 Home Tech Trends and Opportunities for 2017: From Voice Control to VR
Previous: Want To Build A Strong Social Media Presence? Follow These 10 Steps

Be the first to leave a comment.

Have a comment? Login or create an account to start a discussion.