For all of the excitement in the tech world around the potential of the smart home, consumers haven’t been so quick to adopt the technology into their homes. According to research from Parks Associates published earlier this year, more than 100 million U.S. households did not have a smart home device as of the end of 2016. That’s out of a possible 117 million. That means smart home market penetration is around 14.5 percent right now. The numbers have been climbing, but not at the pace that analysts expect.

From the article "The Open Connectivity Foundation is Simplifying the Smart Home" by Rob Stott.

Next: Consumer Attitudes on Data Security
Previous: The Impact of Voice Control: From the Smart Home to Connected Entertainment

Be the first to leave a comment.

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