Smart Home Products & Services Market Sees Rapid Evolution, According to Parks Associates Report Available at MarketPublishers.com19 Dec 2017 • by Natalie Aster
LONDON – The smart home marketplace is evolving with novel technologies, enhanced interoperability, more extensive product intelligence, improved integration of services, and business model innovations.
In spite of the sluggish market traction, the smart home device market has increased at a considerable rate since 2014. Hence, the majority of players in the industry seek to adjust their business strategies to drive the adoption of their products and boost revenues.
ADT, Affectiva, Amazon, Intellivision, Kuna, Lennar¸ Apple, LG, Lockstate, Logitech, Lowes, Lutron, Lyric, August, Deutsche Telekom, D-Link, Entrata, HomeKit, Honeywell, IKEA, Schlage, Samsung, Vivint, and Walmart, amid others, are the dominant players in the market space.
Comprehensive market research report “Evolution of Smart Home Products and Services” drawn up by Parks Associates provides an all-encompassing, unbiased analysis of the market on a global level.
The report deles deep into the evolution of the smart home marketplace; sheds light on the factors driving purchases, covers challenges associated with purchases as well as talks about simplified buying process, novel sales channels, increasing affordability, etc. The study offers an extensive assessment of the different technical innovations in the smart home products market. The report provides deep, unprejudiced insights into market landscape and identifies key factors and successful strategies for participants in the market for smart home products and services. The research publication presents case studies of leading companies and new entrants that are shaping the development of the US smart home universe and major growth areas worldwide. Furthermore, implications and recommendations are also included in the report.
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