08. June 2016 · Comments Off on Consumers blow cold on smart home technology – Pars Herald · Categories: News · Tags: , , , ,

Consumers find smart home technology a big turn-off and companies are struggling to put across the benefits of the internet of things, according to a new report.Just over seven out of 10 consumers are unwilling to pay for smart devices in the next five years, says a survey by accountancy firm PwC.Although many who have made the investment are pleased with their purchase, few are bothering to outlay the cash to upgrade to smart technology such as intelligent heating, plugs, appliances, lighting or automated devices.The survey also revealed consumers are keener to find out more about smart technology when they can see a cost benefit, such as energy savings or free supply and installation.PwC also looked at the smart devices selling best.

Source: Consumers blow cold on smart home technology – Pars Herald