Competition for the Smart Home: Will Consumers Decide?
The current smart home market—largely enabled by the Internet of Everything (IoE)—evokes the spirit of the “Wild West.” That’s largely due to the multitude of companies promoting different automation standards and aggressively competing for marketshare. Ultimately, the key to unlocking the smart home market may hinge on how devices interconnect and the standards agreed to by the various companies and vendors. What may be even more promising is that consumers will help to resolve the standardization issue by the choices they make with their wallets. …half of the world’s…
Read More