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2.5 mln EU households to have smart home controllers by 2019

Monday 28 September 2015 | 14:04 CET | News
A total of 2.5 million Western European households will have a smart home controller by 2019, according to a research by Parks Associates. The key challenges in the smart home market include low consumer awareness and lack of a concise value proposition, researchers noted. The industry will overcome low awareness over time, thanks to the entry of high-profile players in the consumer IoT ecosystem, but to create value on a mass-market scale, smart home products must be able to integrate multiple features, the research said. 

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Categories: General
Countries: World
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