PUBLISHER: Parks Associates | PRODUCT CODE: 1223513
PUBLISHER: Parks Associates | PRODUCT CODE: 1223513
The smart home industry has been at a perceived inflection point for some time. However, most smart product categories still have niche-level adoption and industry players continue to evaluate the best strategies to cross the chasm from early adopter to mainstream buyer. This research evaluates barriers to smart home adoption, such as high prices and privacy and security concerns, among consumers not currently engaged in the smart home market. It investigates the top drivers and barriers for smart home device adoption.