While homes will always be a place to live, they are quickly becoming more -- from remote offices to grocery delivery points to virtual doctor’s offices. Digital services are immersed into homes, bridging the gap with the outside world and allowing things to be controlled digitally. Sensors collect real-time data continuously to automate lighting, heating, and appliances, minimizing energy consumption while maximizing convenience. Secure, seamless wireless connectivity is paramount in making homes smarter.
The smart home IoT sensor market is expected to grow at a +16% CAGR 2019 – 2026 based on ABI research.
Homes are supposed to be the safest place to live, but IoT devices can introduce a security threat. Users expect devices entering their home and connecting to the network to be secure throughout the lifetime in use. A single breach is enough to lose their trust.
Users want smart home devices to connect seamlessly and smoothly throughout the lifetime of use, regardless of the location and circumstances. Obstacles or intermittent connection can frustrate the user and affect the brand.
With a vast number of smart home ecosystems available, users simply want devices that talk to other devices in their ecosystem without a hassle. Although the ecosystem software versions are changing frequently, users want to keep their devices connected.
Smart home devices are not vanity gadgets anymore; they must fulfill a real-life need at an affordable price. Device makers must develop a blockbuster IoT product and keeping it shipping for years to come despite evolving regulations, standards, and ecosystems.
To succeed in the intensely competitive smart home market, it is not enough to just develop and launch products to the market. With the continuously evolving software, security and wireless ecosystems, you must consider how to manage the entire IoT product lifecycle, from design to decommissioning, while meeting the user requirements every single day.