DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bhdpsq/connected_home) has announced the addition of the "Connected Home for Insurers" report to their offering.
The Connected Home: implication for insurers is the first research available on the topic that combines an in-depth analysis of Connected Home and Smart Home, with a review of Connected Home insurance products (or partnerships) that are related to Home insurance, which we have defined with the name of Connected Home insurance.
The idea of Connected Home goes back to the 1960s, but obviously, the technology was then too immature to make this dream a reality. In recent years, the lowering cost of technology, the universal adoption of Smartphones and the definition of communication standards have made Connected Home a reality from a technical point of view.
Connected Home was a key theme at CES, the largest North American Consumer Electronics exhibition, and at IFA, the largest European Consumer Electronics exhibition. In particular, this year retailers have joined manufacturers to support Connected Home and are planning to invest in Connected Home distribution, adapting stores' layouts to accommodate specific areas on "Connected Home" product offering and further training staff on their Connected home products.
According to several consumer research conducted in Europe and North America, consumers are ready to adopt Connected home. However, they are still worried by the complexity of choice and installation and by the security (and in some cases of the privacy) implications of it.
In conclusion, by Christmas 2016 Connected Home should evolve from "early adopters" to mainstream adoption both in North America and in Europe.
For more information visit http://www.researchandmarkets.com/research/bhdpsq/connected_home