Market Research Report
Evaluating Service Opportunities in the Smart Home
|Published by||Parks Associates||Product code||913325|
|Published||Content info||58 Slides
Delivery time: 1-2 business days
|Evaluating Service Opportunities in the Smart Home|
|Published: November 12, 2019||Content info: 58 Slides||
Smart home products create additional service opportunities for device manufacturers to fulfill. This research examines which services create the most value for consumers and the winning business models for these services. It highlights consumer preferences for monitoring services, diagnostic services, digital storage, installation, home delivery, and consumables re-ordering, along with the most attractive business models for service delivery.
“In this expanded ecosystem, IoT manufacturers are challenged to become service providers as they create new business models that can provide sustainable revenue throughout the lifecycle of connected products.” - Lindsay Gafford, Research Analyst, Parks Associates.