The Internet of Things home market is expected to be worth $200-350 billion by 2025. For appliance brands looking to get their piece of the pie, the task ahead may seem daunting. With less than 5% of U.S. broadband households owning a smart appliance, there are significant challenges to get consumers to adopt them.
Consumers have high expectations. They want more than just an internet-connected device. They want "smart" devices that can learn from their behavior and adapt to situations as necessary. With the right recipe, brands can seize this enormous opportunity and create a real value proposition for smart appliances. Check out the infographic below to see how.