PUBLISHER: Parks Associates | PRODUCT CODE: 1725216
PUBLISHER: Parks Associates | PRODUCT CODE: 1725216
More than a decade into its development, the smart home market is maturing, offering dozens of product types from a growing number of competitors and attracting more mainstream consumers.
This flagship consumer study provides the latest trending data on consumer purchase behavior and preferences that provide critical intelligence for smart home business strategies. The research explores the user experience and pain points that challenge the market. Topics include trending smart product adoption and purchase intention across multiple product categories, purchase channels and installation preferences, leading voice and control platforms, and attitudes about interoperability. This study also probes the ways in which the buyer and user experience can be improved, from the shopping experience through product installation and ongoing support.
"Smart home players are challenged to manage rising costs of doing business with the pressures to keep up with competitors in a blistering pace of innovation, particularly in the use of AI." - Daniel Holcomb, Senior Analyst, Parks Associates.