Almost every product in the house now has a smart alternative, Nest revolutionized the thermostat and smoke detector, August built a smartphone connected door lock, and Samsung launched a smart fridge.
Even with the abundance of smart alternatives, Lux Research says there is still disconnect between the consumer and manufacturer. Price is the most obvious issue, despite manufacturers lowering prices in the past year, they are still too high for consumers that aren’t fully invested in the usefulness of smart home devices

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Internet of Things