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Is there still time for 2016 to be the year of the smart home? Maybe

Ed Oswald | June 8, 2016
While just one in five broadband households own a smart-home device, and only one in 10 purchased one in 2015, a significant number plan to consider a smart-home device this year.

Why this matters: The smart-home market is taking much longer to gain mainstream acceptance than we ever would have guessed. The sorry state of smart-home standards bears much of the responsibility for this state of affairs. Fortunately, the research from Parks Associates indicates that this might not matter all that much--for now, at least--because relatively few consumers are looking to build out comprehensive smart-home systems. They're more focused on specific types of products, like smart light bulbs and programmable thermostats. 

The smart-home industry needs to take advantage of this grace period and get its house in order. If 2016 does indeed prove to be the year of the smart home, consumers are going to expect all those products to work together in 2017.

 

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